Seventeen Smashes BTS Profits Records With ‘FML’ In advance of Tour

Seventeen undertaking stay. Photo Credit: Korea.net

Hybe-signed Seventeen has reportedly turn into the initially act to market around four million albums in a solitary 7 days as measured by South Korea’s Hanteo Chart.

The 13-piece boy band’s revenue milestone, arrived at precisely with a six-observe mini-album entitled FML, just lately started producing headlines. Before this week, even so, Electronic Songs Information claimed that the project experienced moved 3.99 million models in a one working day upon starting to be available to admirers on April 24th.

This figure, Hybe emphasised, broke the current “world record” – with Seventeen tremendous-supporters purchasing a further 1.27 million copies of the act’s currently-launched albums across Q1 for good measure. (For even further reference, Seventeen’s now-former bestselling album, May perhaps of 2022’s Encounter the Solar, sold a comparatively modest 2.07 million copies in the course of its initial week, for each the aforementioned Hanteo Chart stats.)

And in accordance the moment yet again to Hanteo data, about which Forbes set out a piece, north of 500,000 additional fans then went in advance and acquired FML all through the to start with 7 days that it was accessible. All explained to, among the mentioned pre-orders and these 7 days-of-launch buys, the effort and hard work offered 4,550,214 units, the Hanteo system reveals.

Other than breaking the Hanteo week-very long sales file, FML similarly turned the chart’s very first album to move extra than 3 million models on release day and emerged as the chart’s bestselling in general album, supplanting BTS’ Map of the Soul: 7 (2020), according to Forbes.

Moreover, evidence implies that the revenue total is poised to hold on climbing, for Hybe has teed up a “deluxe version” of FML. According to its WeVerse listing, the merchandise is anticipated to drop this coming Monday and, at about $35 a pop, will include things like a 264-web page photobook, a 12-page lyric reserve, a poster (for the “first push only”), 10 photocards, the precise CD, and one particular of 13 “paper tags” (to start with push only).

Even though sizeable in their very own proper, the Seventeen FML income benchmarks are also critical in that they reveal the commercial viability and fan aid powering Hybe acts aside from BTS, which is on hiatus as particular of its customers fulfill their armed service-provider obligations as expected under South Korean regulation.

Notwithstanding this temporary break up, BTS’ Jimin offered pretty much 1.5 million copies of his Deal with solo task on the very first working day it was readily available, Hybe indicated in its Q1 2023 earnings report, whereas Suga’s D-Working day is stated to have marketed 1.1 million units in the course of the very same extend. The latter artist is currently on the highway and has tour stops booked by means of late June, though Seventeen is planning to embark on a globe tour beginning in 2023’s 2nd fifty percent.

When the market shut today, Hybe inventory (KRX: 352820) was truly worth ₩292,500/$221.93 for each share – reflecting an pretty much 73 percent valuation enhance from 2023’s starting and a 22 per cent enhancement from early May well of 2022.