In 2024, South Korean music label Source Music posted a net profit of around
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billion South Korean won. While this represents a decrease from the previous year, it was also the second year of profit. Their only signed artist for the past few years, K-pop girl group GFRIEND disbanded in May of 2021, leaving the label without a direct income stream for the rest of the year. Having been acquired by HYBE Corporation in 2019, the label debuted a new girl group, LE SSERAFIM, in May of 2022.
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Net income of music label Source Music Co., Ltd. from 2020 to 2024
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DART. (March 21, 2025). Net income of music label Source Music Co., Ltd. from 2020 to 2024 (in billion South Korean won) [Graph]. In Statista. Retrieved August 16, 2025, from https://www.statista.com/statistics/1386757/source-music-net-income/
DART. "Net income of music label Source Music Co., Ltd. from 2020 to 2024 (in billion South Korean won)." Chart. March 21, 2025. Statista. Accessed August 16, 2025. https://www.statista.com/statistics/1386757/source-music-net-income/
DART. (2025). Net income of music label Source Music Co., Ltd. from 2020 to 2024 (in billion South Korean won). Statista. Statista Inc.. Accessed: August 16, 2025. https://www.statista.com/statistics/1386757/source-music-net-income/
DART. "Net Income of Music Label Source Music Co., Ltd. from 2020 to 2024 (in Billion South Korean Won)." Statista, Statista Inc., 21 Mar 2025, https://www.statista.com/statistics/1386757/source-music-net-income/
DART, Net income of music label Source Music Co., Ltd. from 2020 to 2024 (in billion South Korean won) Statista, https://www.statista.com/statistics/1386757/source-music-net-income/ (last visited August 16, 2025)
Net income of music label Source Music Co., Ltd. from 2020 to 2024 (in billion South Korean won) [Graph], DART, March 21, 2025. [Online]. Available: https://www.statista.com/statistics/1386757/source-music-net-income/
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