Is HYBE Not Prepared for Their Artists’ Tours? Agency Responds to Concert Issues
With TXT kicking off ACT: LOVESICK, ENHYPEN embarking MANIFESTO, and SEVENTEEN taking off BE THE SUN world tours to reach global fans, HYBE stans have raised concerns about a major concern issue.
What significant concern did the fans raise? Do you think if this is not addressed, it might affect the overall patronage of fans to HYBE artists' world tours?
Keep track of this article to know how HYBE Labels responded to the fans' concerns.
Is HYBE Not Prepared for Their Artists' World Tours?
The 2019 Best New Male Artist, TXT and 2021 Best New Male Artist, ENHYPEN, commenced their world tours this year as COVID-19 restrictions are lifted. As MOAs and ENGENEs are fueled to watch the boys beyond the screens' limitations, tickets are expected to sell out in a blink of an eye.
With both artists' global impact and dominance, fans expected that the 'Good Boy Gone Bad' singers and 'Drunk-Dazed' singers would be given bigger venues to perform since BTS is often gifted stadium tours by the entertainment agency.
However, MOAs and ENGENEs were shocked when they learned that the concert venues are small hence, could only accommodate limited fans. This was immediately escalated to HYBE Labels, and the agency responded swiftly.
According to the music label, the decision regarding the concert venue was intentionally made since this is the group's first tour since its debut. Therefore, the concert locations were selected "in a conservative manner."
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Here is HYBE's explanation upon realizing that several international and local fans are in pursuit to meet TXT and ENHYPEN:
"Since the seats were quite limited, their profitability was limited as well. However, we were able to identify high demand from fans for these artists as the world tours proceeded." - HYBE Labels
Recently, TXT just concluded their Manila leg for ACT:LOVESICK, while ENHYPEN is preparing for their as they will light up Osaka on the 9th and 10th of November.
HYBE Assures to Address the Tour Concern
To reassure that more fans could attend concerts in the future, HYBE Labels recognized the demand and confirmed that they would choose concert venues that are "twice as large" as the selected venues for the ACT:LOVESICK and MANIFESTO world tours.
With this act, HYBE may also expand their profitability since their profit for the third quarter of 2022 experienced a significant fall.
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Meanwhile, not only the ENGENEs and MOAs were reassured by HYBE Labels as the talent agency also recognized SEVENTEEN's BE THE SUN.
According to reports, SEVENTEEN has performed in considerably "sizable venues," but HYBE also mentioned that they would pour extensive efforts into getting bigger venues for the 13-member boy group.
Bigger venues could be expected next year as HYBE Labels see concert tours as great avenues to broaden the top-line and bottom-line progress.
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Written by Sophia Carson
