SM Entertainment revenue up, concert earnings flat

The company's CEO has also opened up on the K-pop giant's alliance with Chinese streaming giant Tencent Music

Riize

SM Entertainment posted a 19.3% year-on-year upturn in revenue to KRW302.9 billion (€188 million) in Q2 2025, but earnings from live music dipped marginally.

The K-pop juggernaut, which launched acts such as H.O.T., Girls’ Generation, EXO, NCT and Aespa, reported concert revenue of KRW33.6bn (€20.9m) – down 1.9% on the equivalent three-month period last year.

The company, whose growth was driven by a 37.9% increase in physical album and digital music income to KRW99bn (€61m), referenced boy band Riize’s Riizing Loud tour.…

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