The growth of P1Harmony and N.Flying significantly contributed to this revenue increase.
FNC plans to pursue simultaneous expansion in music and drama production.
[TV Daily Reporter Kim Han-gil] FNC Entertainment (Stock Code: 173940) has announced a revenue of 1.024 trillion won for the year 2025, marking its return to the 1 billion won threshold for the first time since 2017. This turnaround reflects the successful restructuring centered on core business areas, showcasing visible improvements in their profit structure.
FNC has been focusing on core operations by gradually phasing out peripheral ventures like dining and special printing. Recent efforts to streamline non-core businesses and reallocate assets have reinforced the profitability of music, drama production, and talent management. Notably, the stable activities of long-established groups such as FT Island and CNBLUE, coupled with significant growth from P1Harmony and N.Flying, have led to an increase in music sector revenue.
CEO Kim Yoo-sik highlighted that the profitability of the music sector is rapidly improving due to economies of scale from album sales and expanded performances. He also mentioned the visible growth in drama production aimed at both terrestrial and global OTT platforms, reaffirming FNC's commitment to simultaneously enhance the scale and profitability of its core businesses.
FNC Entertainment has successfully achieved revenue growth by creatively aligning its brand and artists with unique musical appeals in response to recent changes in the music market. The growth of P1Harmony and N.Flying is not only consolidating the existing fanbase but also attracting new fans, resulting in synergistic effects that are highly anticipated.
Moreover, the restructuring away from non-core businesses has allowed FNC to focus resources and improve efficiencies, establishing a strong foundation for enhanced profitability in music and performance sectors. The expansion into drama production, particularly with global OTT collaborations, could further diversify FNC's revenue streams, positioning it favorably in a competitive landscape.
As CEO Kim Yoo-sik mentioned, the growth potential in both the music and drama sectors suggests that FNC's overall development trajectory will likely accelerate in the future.
This article is KOSTAR’s reinterpretation of a story originally reported by TVDaily.
Photo: FNC
