Kmedia reports HYBE CEO Park Jiwon announced that HYBE had signed a joint venture agreement with visual special effects company Giant Step to develop “real-time type content.” HYBE said, “This strategic partnership is to display innovative results as a global leader in this +
constantly changing media and content market.” Giant Step is a company that specializes in visual effects and real time content solutions; they lead the VFX-based video content industry in domestic and foreign TV ads, movies ans nee media. They’ve been recognized for +
their competitive edge with collaborations with Disney, Netflix and other global content producers and are expanding their business into real time business solutions by using real time engine technology. They also have an advantage in the augmented reality (AR) field, including +
running Naver NOW’s real-time non-face to face extended reality (XR) live concerts. HYBE plans to partner with Giant Step to further enhance their content’s competitive edge as an entertainment lifestyle platform company.

🔗 n.news.naver.com/article/014/00…
this is Giant Step

giantstep.co.kr
they also co-produced the tinytan animation!

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More from @modooborahae

4 Nov
HYBE Q3 investor call:
• HYBE artists Q4 activities:
- SVT: 1.8m sales of Attaca; 2 online concerts in Nov
- TXT: release first EP in Japan
- Enhypen: 880k sales Oct album; 1 yr anniversary events
- BTS: 4 offline concerts in Nov/Dec
• with BTS’s LA concerts as the start +
more offline concerts are gradually coming in the future for all HYBE artists
- concert and tour merch revenue are expected to rise with the start of offline concerts
++
• Weverse/VLive:
- SpotLive integrated into Weverse; going to combine weverse’s photo upload/text communication capabilities with VLive’s video functions like live-streaming capabilities
- more details will come closer to the launch in the first half of 2022
+
Read 12 tweets
4 Nov
Kmedia reports on HYBE’s Q3 record-breaking earnings report. HYBE announced revenues of ₩341B ($288.1M) and operating profit of ₩65.6B ($55.3M), which is subject to change from the external audit. Revenue rose by 79.49% and operating profit rose by 63% compared to 2020 Q3. +
The growth came mostly from revenue from albums, merch and licensing. Revenue from albums including BTS’s single album Butter and TXT’s repackage album rose 21% compared to Q2 to be ₩129.7B ($109.5M). Revenue from merch & licensing grew 53% to be ₩76.7B ($64.8M). +
Revenue from artists’ advertisement appearance fees and management rose by 56% to be ₩33.8B ($28.6M). Weverse also showed a 20% growth compared to the previous quarter with 6.4M monthly active users (MAU). ++
Read 5 tweets
26 Oct
[Exclusive posted 10:33 am KST] Herald Economy reports HYBE and Dunamu, operator of cryptocurrency Upbit, are pursuing a share-swap deal of ~₩500-900B and will issue goods from artists like BTS as NFTs and establish a joint venture in the US to create a metaverse business. + Image
HYBE is believed to be issuing ₩400B worth of private convertible bonds. Mirae Assets is expected to manage the CBs and invest ₩250B themselves via their subsidiary. In other words, Mirae Assets is planning on investing in both HYBE and Dunamu as a financial investor (FI). +
HYBE and Dunamu are said to be in discussion to gain close cooperation through a share swap deal and Mirae is interested bc of the high growth potential of digital assets that's expected through the NFTs. If the contents & goods of BTS who have fans all over the world are +
Read 10 tweets
2 Oct
🐨 ARMY, you’re listening right? First, thank you once again for this big award. This year, we accomplished and did a lot of things. We got #1 on Billboard, we performed at the Grammys and we went to the UN. But we haven’t been able to do the most +
important thing, which is to see you. Though it’s a real shame, bc you showed your love online, we’re still able to add another big award to our list and it’s a huge honor. It’s kind of tiring to even say “let’s meet again when this is over” so I’ll just say we have a concert +
coming up in Oct right? We’ll prepare hard and we’ll be working hard to do what we’re supposed to be doing, so ARMYs should also work hard on what you should be doing and we’ll meet with a smile. TYSM
🐱 I wasn’t able to attend the award shows last yr bc of my shoulder surgery +
Read 19 tweets
2 Oct
🐿 ARMY~~! When we get an award, we should say our ARMYs’ name first. Idk if my memory is right, but I remember getting this award last year and I hope my memory is right haha. Listener's choice. Tbh as an artist, having listeners is a huge motivation. +
It’s natural/obvious but I want to tell you thank you so much for being our driving force and giving us motivation. We’re still lacking but we’ll work harder to become a cooler/better artist to show you even better music. Thank you so much. TYSM to the fans as well.
+
🐥 Thank you from the bottom of my heart, everyone, for giving us this award. I’m already so thankful that you have strength during this pandemic, but you are the ones who listen to our music and even give comfort to us and I think it’s going to be hard to express how thankful +
Read 4 tweets

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