HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

The seven-member boy band BTS was formed in 2010 HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creative director of the girl group NewJeans and the absence of new albums released during the 2024 Paris