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HYBE Corporation's total revenue is predicted to increase in the fourth quarter of 2024, following the anticipated release of BTS' Jin's album. According to a report by the Business Post on Tuesday, September 3, 2024, Yuanta Securities researcher Lee Hwan-wook predicted an increase in HYBE's revenue and a decrease in operational profits in the fourth quarter of this year.
Jin, the eldest member of BTS, completed his mandatory military service on June 12, 2024. He is the only member of the K-pop group who is yet to mark his official solo debut with a music release. Anticipation of the Moon singer's solo debut is at an all-time high as fans and listeners look forward to it.
As per researcher Lee Hwan-wook's prediction:
“BTS member Jin is set to release a solo album in the 4th quarter. Fan community platform Weverse will also launch a subscription membership.”
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According to the Yuanta Securities researcher's prediction, HYBE's revenue is expected to record sales of 2.215 trillion KRW, with an operating profit of 247 billion KRW collectively. The sales of the entertainment conglomerate will increase by 1.7 percent higher than it did in 2023. However, operational profits will fall by 16.5 percent.
BTS’ Jin hints at upcoming solo music in a recent interview
BTS’ Jin graced the front page of Harper's Bazaar Korea for the September 2024 issue in collaboration with the Italian luxury brand Gucci as their new global ambassador. In an interview with the magazine on August 14, he spoke about his recent activities and future plans.
As many fans have showcased their interest in Jin’s solo music, he teased the upcoming release without revealing too many details. He shared how his solo music would sound in comparison to ice cream flavors and more.
“Without giving away any spoilers... I think it'll be fun to perform. It's different for each song, so I can't say for sure, but if I were to compare it to the flavor of 'ice cream, there's soda, popping candy, and dark chocolate. I hope you look forward to it," he said.
The singer also explained that he has been working hard recently to repay fans for their support:
“I'm really happy these days. I'm busy working every day these days. Even at this moment, I'm smiling because I'm happy just working. I want to continue to give happiness to ARMY through my work. How great would it be if someone were happy because of me!”
Jin's recent show appearances
Following his military discharge, Jin has been busy with a series of variety show appearances. On August 26, he appeared as a guest worker alongside B1A4’s Sandeul and Kim Nam-gil on episode 16 of MBC's Half Star Hotel in Lost Island. The South Korean chefs Lee Yeon-bok and Lee Hong-woon also joined Jin in the episode on the stranded island.
Jin also appeared on the Japanese reality show I Love Everyone’s Zoo with Masaki Aiba member Arashi. The 24-hour marathon broadcast starring the Epiphany singer was aired between Saturday, August 31, and Sunday, September 1 on Nippon Television Networks.
Besides other shows, Jin has aired four episodes of his solo show Run Jin. On September 3, the fourth episode, titled A Dangerous Invitation from Jin, was aired on the official YouTube channel of BTS, BANGTAN TV. The latest episode featured other celebrities like TOMORROW X TOGETHER member Yeonjun, Korean UFC fighter Kim Dong-hyun, and YouTuber Kwak Tube.
