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SM Entertainment Revenue Up 9% in Q4 Thanks to Tours by NCT Dream, EXO’s Chanyeol & More
SM Entertainment's Q4 earnings show that revenue was up 9% year-over-year thanks to tours by NCT Dream, Chanyeol and NCT Wish.
Haechan, Jeno, Renjun, Jaemin, Chenle, Mark, and Jisung of NCT Dream perform on stage during iHeartRadio z100's Jingle Ball 2024 Presented By Capital One at Madison Square Garden on December 13, 2024 in New York City. The higher number of concerts, as well as an increase in special events such as pop-up stores, helped merchandise and licensing revenue jump 33.7% to 51.2 billion won ($35.3 million). This year, SM Entertainment is celebrating its 30th anniversary with a new slogan (“The Culture, The Future”), new films, new broadcast programs and SMTOWN LIVE 2025 World Tour concerts around the globe.
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