HYBE Labels has officially announced its artists who will make their grand comeback in 2023 at the 2022 HYBE Briefing with the Community. From BTS's RM to LE SSERAFIM, the company is about to treat its fans with a series of new music from their favorite K-pop artists.
HYBE's representatives revealed their thoughts on the agency's future vision. Aside from music, it will also unveil innovation and collaboration works in 2023.
At the meeting, CEO Park Jin Won revealed the promotion plans of all of its artists for the remainder of 2022 and the first half of 2023. They will launch the company's first Japanese group, &TEAM, on December 7.
BTS's RM will also release his solo album after Jin dropped his solo single, "The Astronaut." For the next year, TOMORROW x TOGETHER will release this fifth mini album in January.
Elsewhere, NU'EST member Hwang Min Hyun will officially debut solo after Baekho. Pledis Entertainment artists, Seventeen and fromis_9, alternatively, will be dropping their new albums in the first half of 2023 as well.
The company will then launch its rookie boy group. In addition, BeLift Lab's ENHYPEN will release their new album after completing their world tour, which will continue until the first half of 2023.
It will also debut I-Land 2 on the said timeline and is now busy with the preparations. Lastly, Source Music's LE SSERAFIM will also start their world tour next year.
Meanwhile, HYBE also reported its third-quarter sales and operating profits for this year. It recorded total sales of 445.5 billion KRW or $313.5 million, 206.2 billion of which was from album sales, online/offline concerts, and endorsements.
Its artists also released new albums from Seventeen, ENHYPEN, NewJeans, and BTS's J-Hope in the third quarter. The series of concerts it held, both online and offline, were from Seventeen and TOMORROW X TOGETHER.
Moreover, 239.3 KRW of the total sales came from MD sales, licensed product distribution, and other content. On the other hand, its total operating profit was 60.6 billion KRW or $43 million for the third quarter, which saw an eight percent decrease compared to the same quarter last year.
HYBE believed the decrease in profit was due to its investment in producing a rookie group audition program and offline concerts. Meanwhile, aside from a new Japanese group, the label will also debut a global girl group, and the audition is currently taking place in the U.S.