SM Entertainment revealed plans for the upcoming second-third quarter.
On May 11, SM Entertainment launched earnings for the primary quarter of 2023. According to the company, the label posted first-quarter revenues of ₩128 billion KRW (about $97.2 million USD) and ₩18.7 billion KRW (about $14.2 million USD) in internet revenue.
In its earnings report, the label additionally posted a line-up preview for its upcoming artists within the second and third quarter.
According to the label, SM Entertainment’s marquee acts, akin to SHINee (2nd quarter), EXO (third quarter), Taeyeon (third quarter), and NCT (third quarter), will all be making long-awaited comebacks.
Also eye-catching is the truth that within the line-up preview, SM Entertainment introduced that it will be debuting 2 new idol teams in 2023. Not a lot is understood concerning the upcoming teams debuting underneath the famed K-Pop banner.
Stay tuned for updates.