Korea Stock Market Insights

Tag: Milli’s Library

  • KT Genie Music IR Analysis: Can Milli’s Library Boost Music Market Comeback?

    1. KT Genie Music Q2 IR: Key Takeaways

    KT Genie Music’s Q2 IR will primarily focus on its core music streaming business and Milli’s Library. The market anticipates improved performance year-over-year and a clear strategy for securing future growth engines.

    • 1.1. Music Business: Finding a Breakthrough in a Competitive Market

      The key for the music business will be overcoming declining sales and presenting core strategies for defending MAU (monthly active users) and improving profitability. The market expects a detailed plan for strengthening differentiated services like the AI-powered ‘Quick Selection’ feature.

    • 1.2. Book Content Business (Milli’s Library): Sustainable Growth?

      Milli’s Library has improved profitability through price increases and cost efficiency measures. The key question is whether this growth is sustainable and what their future content acquisition and service enhancement strategies entail.

    • 1.3. New Businesses and Growth Strategies: Leveraging KT Synergy

      Integrating AI technology, securing new content, and leveraging synergies with the KT Group are key factors that will determine KT Genie Music’s future growth. Presenting concrete business plans and execution strategies is crucial.

    2. Key Checkpoints for Investors

    • Music business profitability defense and enhancement strategies
    • Sustainable growth strategies for Milli’s Library
    • Specific plans for synergy creation with the KT Group
    • Maintaining financial soundness and investment plans

    3. Investment Strategies Based on IR Outcomes

    If the IR results meet or exceed market expectations, a long-term investment strategy considering growth potential can be explored. However, if the results fall short of expectations or future strategies seem unclear, investors should be wary of short-term stock price volatility.

    Frequently Asked Questions (FAQ)

    What are KT Genie Music’s main businesses?

    KT Genie Music operates primarily in music streaming services and the book content business through Milli’s Library. They also engage in other businesses such as concert promotion.

    What are the key points to watch for in this IR?

    The main areas of interest include strategies for strengthening the competitiveness of the music business, sustainable growth plans for Milli’s Library, and plans for synergy with the KT Group.

    What are the investment points of KT Genie Music?

    Key investment points include business diversification through the acquisition of Milli’s Library, service innovation through the integration of AI technology, and synergy with the KT Group.

  • Milli’s Library Stock Forecast: Is the Wobbly Growth a Buying Opportunity?

    1. What’s Happening with Milli’s Library?

    Milli’s Library recorded sales of KRW 40.69 billion, operating profit of KRW 4.7 billion, and net profit of KRW 3.8 billion in the first half of 2025. While operating and net profit exceeded market expectations, revenue fell slightly short. The company maintains robust growth while securing new growth engines such as expansion into the webtoon/web novel market and AI technology adoption.

    2. What’s Driving Milli’s Library’s Growth?

    • Overwhelming brand awareness and rich content
    • B2BC channel growth leveraging KT Group synergy
    • AI-based service enhancements and improved user experience
    • Business diversification through expansion into the webtoon/web novel market

    3. What’s the Future Hold for Milli’s Library?

    Despite the positives, investors should be wary of several risk factors.

    • Low revenue share outside of e-book subscriptions
    • Potential subscriber churn due to price increases
    • Ongoing legal risks
    • Dependence on major customers

    4. What Should Investors Do?

    Milli’s Library presents both growth potential and risks. Investors should carefully consider the following factors when making investment decisions.

    • Actual revenue contribution from the webtoon/web novel business
    • Impact of price increases on subscriber numbers and ARPU
    • Future developments of legal risks
    • Cost efficiency management

    Frequently Asked Questions

    What is Milli’s Library’s main business?

    Milli’s Library’s main business is its e-book subscription service, and it recently expanded into the webtoon/web novel market.

    What should investors be aware of when investing in Milli’s Library?

    Investors should consider potential subscriber churn due to price increases, legal risks, and low revenue share outside of e-book subscriptions.

    What is the outlook for Milli’s Library?

    While there is growth momentum through AI technology adoption and expansion into the webtoon/web novel market, investors need to carefully monitor the risk factors.