A BTS-fuelled IPO is still on for Big Hit Entertainment

Warner Music Group is having an IPO. Universal Music Group will be having an IPO. And now K-Pop giant Big Hit Entertainment’s plans for its own initial public offering appear to be progressing too. The company, whose biggest star is BTS, has now chosen the banks and brokerage firms who’ll be handling its IPO, according […]

BTS fuelled Big Hit Entertainment surge in first half of 2019

Korean music firm Big Hit Entertainment held its latest media briefing yesterday, and dropped some impressive numbers to show how its business is surging in 2019. The company’s revenues in the first half of 2019 were more than 200bn Won (around $166m) – already more than Big Hit’s revenues for the whole of 2018. And […]

Report: Big Hit Entertainment may launch own streaming platform

Music Ally has been reporting recently on BTS World, the mobile game launched as a partnership between BTS’ management company Big Hit Entertainment and gaming firm Netmarble. Now a report claims the companies may be looking to do something even more ambitious together: “to launch a brand-new music-streaming platform”. That’s according to the Korea Herald, citing […]

BTS success fuelled record year for Big Hit Entertainment

You may have noticed that K-Pop band BTS are just a little bit popular around the world. That’s now translating into financial success for the company behind them, Big Hit Entertainment. The firm reported a 132% growth in its annual revenues to 214bn won (around $190m) in 2018, with an operating profit of 64.1bn won […]

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