FNC Entertainment Co. (173940, FNC Entertainment Co. hereafter FNC) said on the 20th that it recorded consolidated sales of 102.4 billion won in 2025, recovering sales in the 100-billion-won range for the first time since 2017. The effect of restructuring focused on core businesses is being fully reflected, and the trend of improving the revenue structure is also becoming visible.
The company has been restructuring its business to focus on its core operations by gradually winding down noncore businesses such as dining and special printing. Recently, it has continued to concentrate on strengthening the revenue base centered on core businesses such as music, drama production and actor management through optimization of noncore businesses and asset reallocation, and this kind of structural improvement effect is being fully reflected in business performance.
Stable activities by long-running groups such as FTISLAND and CNBLUE have maintained a solid sales base, and as the growth of P1Harmony and N.Flying has stood out, revenue from the music business has expanded. In addition, if investments in lower‑tenure artists such as Ampersand One and AMP convert into future revenue, the overall revenue of the music business is expected to expand further.
Kim Yu-sik FNC CEO said, "In the music business, not only is profitability rapidly improving due to economies of scale from increased album sales and expanded performances, but the effect of reducing variable costs is also coming into play, so revenue will improve further in the future."
He added, "As the music business grows in earnest and drama production for terrestrial broadcasters and global over‑the‑top streaming services (OTT) is simultaneously becoming visible, we will continue to achieve both the external growth of our main core businesses and improvements in profitability."
[Photo] FNC Entertainment Co.
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