During HYBE’s third-quarter earnings conference call on November 5 (KST), CEO Lee Jae Sang acknowledged the company’s ongoing internal issues since April, highlighting NewJeans’ remarkable achievements.
“Despite recent challenges, HYBE’s artists and employees have delivered outstanding results through their dedication,” Lee said. “We remain steadfast in our core values and committed to our business. I extend my gratitude to our shareholders for their unwavering support.”
Lee stated, “Despite the various challenges surrounding the company recently, HYBE artists and employees have continued to achieve great results through their hard work.” He added, “We are focused on our core values and will continue our business with unwavering commitment. I also want to express my gratitude to our shareholders for their support.”
Regarding NewJeans, Lee highlighted, “In June, NewJeans held their ‘Bunnies Camp 2024’ concert at Tokyo Dome over two days, making them the fastest non-J-pop artist to perform there. With the release of “How Sweet” this year and their Japanese debut album “Supernatural” in June, they’ve achieved their fifth consecutive million-seller.”
He continued, “Even without new album releases or concerts, NewJeans maintained consistent popularity on music charts and in advertisements throughout the third quarter. HYBE remains committed to supporting NewJeans’ ongoing growth.”
