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Posted by Susan-Han 13 days ago

SM Entertainment hits last year's total album sales within the 2nd quarter of 2021

AKP STAFF

On July 14, Korea Investment & Securities Co. released a financial analysis report of SM Entertainment's 2nd quarter performance for 2021, and advised potential investors to "buy" the company's stocks. Korea Investment & Securities Co. projected that by the end of 2021, SM Entertainment's stock value will increase to 75,000 KRW. The company's current stock value is 65,400 KRW. 

According to Korea Investment & Securities Col, SM Entertainment has sold a total of 9,000,000 physical albums as of the 2nd quarter of 2021. In the 2nd quarter alone, the company sold a total of 6,290,000 physical albums, including a total of 3,160,000 copies of NCT Dream's 1st full album and repackaged album, as well as a total of 1,790,000 copies of EXO's special comeback album. The company's total physical album sales for the 2nd quarter of 2021 was 52.7 billion KRW (~ $46 million USD), and its total digital album sales was 34.3 billion KRW (~ $30 million USD). 

What's more is that in 2020, SM Entertainment sold a total of 9,050,000 physical albums for the entire year. The company has now met its yearly album sales from last year in half the time in 2021, and album sales are projected to increase significantly with new releases by NCT 127, NCT 2021, as well as various unit and solo promotions of other SM Entertainment artists. 

  1. EXO
  2. NCT
  3. NCT Dream
24 16,081 Share 74% Upvoted

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streamingisfake
streamingisfake1,554 pts 13 days ago 7
13 days ago

Waiting for a better promotion for all SM's idols, especialy for WayV

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Violetta123
Violetta1237,527 pts 12 days ago 0
12 days ago

God knows, I've already spent a fortune on albums from SM this year. Worth every cent though.

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