{"id":1945976,"date":"2025-08-07T09:34:28","date_gmt":"2025-08-07T09:34:28","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=1945976"},"modified":"2025-08-07T09:34:28","modified_gmt":"2025-08-07T09:34:28","slug":"revenue-up-19-on-riize-nct-wish-albums","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/revenue-up-19-on-riize-nct-wish-albums\/","title":{"rendered":"Revenue Up 19% on RIIZE, NCT WISH Albums"},"content":{"rendered":"

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\n\tS<\/span>M Entertainment\u2019s consolidated revenue jumped 19.3% to 302.9 billion KRW ($216.5 million) in the second quarter, the company announced Wednesday (Aug. 6).\u00a0<\/p>\n

\n\tDriven by a 1.9 million-unit increase in new album sales, album and digital music revenue of 99.0 billion KRW ($70.8 million) was up 37.9% from the prior-year period. RIIZE<\/a>\u2019s Odyssey<\/em> sold 1.93 million units, NCT WISH\u2019s The 2nd Mini Album<\/em> sold 1.34 million copies and aespa<\/a>\u2019s \u201cDirty Work\u201d single sold 900,000 units. In total, SM Entertainment\u2019s new release sales totaled 5.79 million units in the quarter.\u00a0<\/p>\n

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\n\tConcert revenue of 33.6 billion KRW ($24.0 million) was down 1.9% year over year. The SMTOWN 30th anniversary concerts were held in London, Los Angeles and Mexico City. TVXQ! hosted three concerts at the Tokyo Dome. NCT 127<\/a> performed six times in Japan and Macau. Ten<\/a> performed 15 concerts, NCT WISH had 10 performances and SHINee<\/a> held three concerts.\u00a0<\/p>\n

\n\tMerchandise and licensing revenue rose 39.6% to 63.9 billion KRW ($45.7 million). The company attributed the increase to concert merchandise sales, an NCT WISH exhibition pop-up sale and a RIIZE character pop-up event.\u00a0<\/p>\n

\n\tOperating profit \u2014 sales minus cost of sales and operating expenses \u2014 rose 47.3% to 114.5 billion KRW ($101.1 million). Net income nearly tripled to 30.9 billion KRW ($22.1 million).\u00a0<\/p>\n

\n\t\u201cMoving forward, SM Entertainment remains committed to sustainable growth, not by focusing solely on short-term earnings, but by leveraging the structural competitiveness of our IP and building sustainable revenue models,\u201d CEO Cheol-hyuk Jang<\/strong> said in a statement. \u201cWe will continue to strengthen our IP portfolio across generations by establishing a virtuous cycle in which long-standing IPs generate stable profits while newer IPs realize their growth potential through performance-based results.\u201d<\/p>\n

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\n\tRevenue from SM Entertainment\u2019s subsidiaries grew 25.4% to 141.5 billion KRW ($101 million). SM Entertainment Japan rose 38.6% to 26.0 billion KRW ($18.6 million). SM Culture & Concerts, an advertising and talent agency, fell 24.2% to 21.1 billion KRW ($15.1 million). SM Brand Marketing rose 38.2% to 19.5 billion KRW ($13.9 million) due to an increase in album and merchandise sales. DREAM MAKER, a subsidiary focused on concerts and live events, rose 99% to 14.9 billion KRW ($10.6 million) from concerts by SHINee and NCT 127. KEYEAST, a talent management agency, fell 81.7% to 3.0 billion KRW ($2.1 million) due to fewer drama broadcasts.\u00a0<\/p>\n

\n\tSM Entertainment has a busy release schedule in the second half of the year. Two major albums were released in July: SUPER JUNIOR<\/a>\u2019s 12th album, released in connection with the group\u2019s 20th anniversary, NCT DREAM<\/a>\u2019s fifth album, Go Back to the Future<\/em>. Other releases in the third quarter include mini-albums from aespa and NCT WISH. In the fourth quarter, SM Entertainment will have an album by Taeyeon<\/a>, a single from RIIZE and mini-albums from NCT DREAM, WayV<\/a> and Hearts2Hearts.\u00a0<\/p>\n

\n\tThe back half of the year\u2019s touring schedule includes tours by RIIZE, NCT DREAM, WayV, aespa, RIIZE and SUPER JUNIOR.\u00a0<\/p>\n<\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.billboard.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

SM Entertainment\u2019s consolidated revenue jumped 19.3% to 302.9 billion KRW ($216.5 million) in the second quarter, the company announced Wednesday (Aug. 6).\u00a0 Driven by a 1.9 million-unit increase in new album sales, album and digital music revenue of 99.0 billion KRW ($70.8 million) was up 37.9% from the prior-year period. RIIZE\u2019s Odyssey sold 1.93 million […]<\/p>\n","protected":false},"author":2,"featured_media":1945977,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[26192,315059,50696],"class_list":["post-1945976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-earnings","tag-earnings-report","tag-sm-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/Revenue-Up-19-on-RIIZE-NCT-WISH-Albums.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1945976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=1945976"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1945976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1945977"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=1945976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=1945976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=1945976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}