Seventeen’s record label is called Pledis Entertainment. Pledis Entertainment is a South Korean entertainment company that was founded in 2007, and it is now a subsidiary of Hybe Corporation, which owns 90% of the company. Pledis Entertainment is known for managing several successful K-pop groups, including Seventeen and TWS, and it has achieved significant financial success, with a sales revenue of approximately 327.2 billion South Korean won in 2023.
Pledis Entertainment has played a crucial role in Seventeen’s success, helping the group become one of the most popular K-pop acts globally. Seventeen has achieved numerous records, including having the most pre-ordered albums in history with their EPs FML and Seventeenth Heaven. The label continues to support Seventeen’s international growth, including their recent collaborations with major brands and their successful world tours.
In addition to managing artists, Pledis Entertainment also focuses on expanding its global reach, particularly through its partnerships with other companies. The label’s financial stability and growth are reflected in its net income, which was around 60.3 billion South Korean won in 2023. This financial success allows Pledis Entertainment to continue investing in its artists and expanding its influence in the K-pop industry.