How Rich Is Bighit Entertainment

March 26, 2021 Post a Comment

There is a interesting point that the profit distribution rates of Top 8 management companies in Korea are entirely different. Big Hit is now worth some 87 trillion won 76 billion making it more valuable than the countrys three biggest listed record labels combined.

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BELIFTlab a company that is a subsidiary under CJM and BigHit Entertainment has 24 trainees including those under I-LAND.

How rich is bighit entertainment. Big Hit Entertainment the agency behind K-pop titans BTS is worth over 1 billion in corporate value according to a the Hyundai Research Institute HRI. Big Hit Entertainment is amazing in fans eyes but what about the staffs opinion. If registration goes smoothly with the Financial Services Commission and Big Hit Entertainment is listed on the Korea Composite Stock Price Index the BTS members will receive 77 million.

Founder and Co-CEO Bang Si Hyuk is the largest shareholder owning 4344 of the company followed by Netmarble 25. Regular videos where I dont sound sick AF will be up on Mond. That year Bang Si-hyuk signed RM as the first member of BTS and launched nationwide auditions to recruit other members of the group BTS made their debut under Big Hit on June 13 2013.

Nope and BigHit probably will never. South Korean label Big Hit Entertainment home to acts like BTS and TOMORROW X TOGETHER achieved skyrocketing revenue by bringing in 5872 billion won 5079 million last year. Increasingly global record label and agency home to artists BTS and Tomorrow X Together shared major revenue growth for their past year.

7 years Physical sales. With many fans of the 7-member group Big Hit is considered a good company to give the boys the freedom to experience the. Agency 95 Artist 5 Physical sales renewed.

Source Music Entertainment has 28 and Pledis Entertainment has signed on a whopping 72 trainees. In 2010 the company signed a joint management contract with JYP Entertainment over the boy group 2AM. Bang Si-hyuk 4th L founder of Big Hit Entertainment Co and other attendees at the companys initial public offering ceremony at the Korea Exchange on October 15 2020 in Seoul South Korea Getty Images According to 2020 reports Big Hit is valued nearly at 6 trillion won 536B which is even more than the total sum of the Big 3.

Bloomberg reports that Big Hit Entertainment is looking to raise as much as 9626 billion won 812 million USD with their IPO with new shares priced from 105000 won 88 USD to 135000 won 113 USD each. After the first day of trading Big Hit Entertainments stock is valued at 258000 won per share or around 225 according to Variety. The K-pop label is issuing its shares at 135000 won 115 each Big Hit said in a filing on Monday raising 96255 billion won 822 million and valuing the company at 48 trillion won 41.

And thats almost entirely thanks to the meteoric. In Big Hit Entertainments statement yesterday it has been announced that the BTS members are now shareholders of the agency. Update October 15.

Below is the list of profit distribution rates from Top 8 management companies in Korea as of August2018 SM Entertainment Contract years. Honestly if you watched this whole video of me sounding sick AF acting like a fool than ily. Big Hits shares are valued at 135000 won US 115 each and will raise 96255 million won US 822 million making the companys value a whopping 48 trillion won US 41 billion.

Yes BTS has made huge achievements and broken many records that are firsts for Kpop but in no way have they become more successful than not only one Big 3 company but all of them combined. Big Hit Entertainment was founded on February 1 2005 and signed the vocal trio 8Eight in 2007. Big Hit Entertainment started out as a small company but was gradually listed as a level-up one when its the cradle of BTS the worlds most influential global hit group.

BigHit Entertainment has 31 trainees under them currently.

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