
BigHit’s net profit surged 120% in H1 2025, driven by BTS members’ solo ventures and expansions into new acts like ENHYPEN. The label also tapped into Family 4K IPTV partnerships to stream high-resolution content, including BTS’s solo concert films in 4K, attracting a 40% surge in premium subscriptions globally.
JYP followed closely, with a 45% profit jump, crediting the global success of ITZY and NMIXX, particularly in the U.S. and Japan. JYP’s collaboration with Family 4K IPTV to air ITZY’s virtual reality concerts in 4K resolution became a key revenue driver, appealing to tech-savvy international fans.
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SM & YG Face Growing Pains
In contrast, SM and YG posted losses, highlighting their struggles to adapt. SM’s reliance on aging acts like EXO and delayed rookie debuts contributed to a 22% decline, while YG’s 35% profit drop stemmed from BLACKPINK’s hiatus and a lack of emerging stars. Neither label has yet leveraged IPTV platforms like Family 4K to modernize their content delivery.
Industry Trend: Speed and Innovation
The gap underscores K-pop’s shift from “mass production” to “strategic innovation.” Labels now prioritize AI audience analytics, TikTok-driven trends, and metaverse collaborations. JYP’s Nizi Project and BigHit’s Weverse platform—coupled with Family 4K IPTV’s 4K live event streaming—exemplify this pivot toward immersive, tech-integrated fan experiences.
What’s Next?
As SM and YG scramble to revamp strategies, the race to dominate K-pop’s next chapter hinges on balancing legacy IP with fresh talent pipelines. For agencies like BigHit and JYP, partnerships with Family 4K IPTV suggest a blueprint for merging entertainment with cutting-edge technology. The question remains: Can traditional giants adapt, or will nimble competitors lead the charge?