EXO And NCT Are Already Leading SM Entertainment To A Very Profitable Year

Predictions put SM ahead this year and it’s all thanks to EXO and NCT.

SM Entertainment is expected to do phenomenally well this coming quarter and the rest of the year, all thanks to EXO and NCT.


EBEST Investment & Securities recently published their predictions for SM Entertainment’s upcoming financial quarter as well as the rest of the year. According to the investment company, things will be looking up for the company.


The expected growth this year is down to the increased promotion of NCT and EXO! The investment company revealed that NCT would be having their own global tour, would be having additional unit activities, and WayV would be releasing an official album all starting in the second quarter.

Plans for additional unit activities, NCT’s first global tour, and WayV’s official album release in China and Korea will be focused on starting from the second quarter. The expected number of activities will be much greater than what we saw earlier this year.

— Kim Hyun Yong, Researcher at EBEST


NCT isn’t the only group expected to have their schedules packed tight with events. With EXO’s global tour, Chen’s solo debut, and that subunit SM Entertainment’s been hinting at expected to be revealed soon, EXO is expected to help push the company even further!

We expect that the number of activities for idol groups like EXO and NCT will result in growth this year. With the focus on planning EXO’s global tour and additional unit activity, the increase will start in earnest during their second quarter.

— Kim Hyun Yong, Researcher at EBEST


Additionally, the firm also talked about Red Velvet and TVXQ‘s global influence and how that will also prove to be good for SM Entertainment this coming year. With the help of their artists, SM Entertainment will be having a very good year.

Source: Asia Economy