JYP Entertainment's boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul.
The K-pop industry has been seeing a slowdown due to declining album sales and the inactivity of record-breaking groups such as Blackpink and BTS.
Members of BTS have been serving their mandatory military service, while Blackpink only announced to reunite as a group in 2025.
Streaming revenue, at least during the first half of this year, has been unable to cover the loss from album sales.
For the third quarter, just Babymonster — a rookie group — and solo artist Lee Seunghoon released material.
Persons:
Blackpink, Hwan, wook Lee, Jang Jeong Min, Minha Choi, Yeonghoon Kang, —, Lee Seunghoon
Organizations:
JYP, Imazins, BTS, SM Entertainment, JYP Entertainment, YG Entertainment, Yuanta Securities, Samsung Securities, YG, NH Securities
Locations:
Seoul, U.S