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JYP will release 4 new groups: Where will the future of ITZY and Twice go?

JYP will release 4 new groups Where will the future of ITZY and Twice go

According to the financial reports, JYP Entertainment is expected to have a net profit of $ 61.9 million over the next two years, up 60%. This prediction is based on an agreement with a Chinese music label, upcoming JYP groups, and NiziU – the company’s first Japanese girl group.

NiziU – the company’s first Japanese girl group.

Also recently, it has been reported that JYPE is planning to debut a total of 4 brand new groups through reality shows, including SBS Loud’s show. Twice’s agency plans to debut a boy group, a Chinese group, by the end of this year and will launch a male version of NiziU in Japan and the US in 2022.

What will the future of ITZY and Twice be after JYP releases 4 new groups?

“Even if these four groups are unsuccessful, this company’s net profit will still grow at least 60% over the next two years,” said a prominent financial group. The company also believes that JYP’s upcoming groups will surpass Twice’s good sales and album sales at their peak in the next two years.

As predicted, only in the next two years, Twice will be surpassed by new JYP groups

Over the past year, JYP’s sales have dropped significantly due to COVID-19 and the absence of live performances. However, this was somewhat offset by album sales and downloads, which were up 47% in Q4 2020 compared to Q4 2019.

Let’s look forward to JYP’s future activities.

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