In 2023, music label BE:LIFT LAB posted a sales revenue of around 52.3 billion South Korean won. Founded in 2020, the label is co-managed by South Korean media giants HYBE Corporation and CJ E&M. Currently they only have two signed artists: K-pop boy group ENHYPEN, who debuted in 2020, and girl group ILLIT who debuted in March of 2024. The label has managed a positive start, with their revenue growing by nearly 500 percent in their first year.
Sales revenue of music label BE:LIFT LAB from 2020 to 2023
(in billion South Korean won)
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DART. (March 22, 2024). Sales revenue of music label BE:LIFT LAB from 2020 to 2023 (in billion South Korean won) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/951482/belift-lab-sales-revenue/
DART. "Sales revenue of music label BE:LIFT LAB from 2020 to 2023 (in billion South Korean won)." Chart. March 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/951482/belift-lab-sales-revenue/
DART. (2024). Sales revenue of music label BE:LIFT LAB from 2020 to 2023 (in billion South Korean won). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/951482/belift-lab-sales-revenue/
DART. "Sales Revenue of Music Label Be:lift Lab from 2020 to 2023 (in Billion South Korean Won)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/951482/belift-lab-sales-revenue/
DART, Sales revenue of music label BE:LIFT LAB from 2020 to 2023 (in billion South Korean won) Statista, https://www.statista.com/statistics/951482/belift-lab-sales-revenue/ (last visited November 23, 2024)
Sales revenue of music label BE:LIFT LAB from 2020 to 2023 (in billion South Korean won) [Graph], DART, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/951482/belift-lab-sales-revenue/