Despite the crown pandemic that replaced many artists’ travel plans under the auspices of Big Hit, in the first part of the year, KRW’s projected corporate earnings of 294 billion ($244.8 million) and KRW$49.7 billion ($41.4 million) in connection with live profits from music sales. Fixed IP releases and other large-scale projects.
The “Big Hit Ecosytem” lately consists of an advertising formula and multiple labels that includes many brands and companies, adding big hit (BTS, TOMORROW X TOGETHER (TXT)), Pledis Entertainment (Seventeen, NU’EST), and source music (GFriend) music stamps. The artists within him had a year in terms of album sales: Bang announced that artists under the multi-label Big Hit formula dominated Gaon’s album charts in South Korea, accounting for 40% of all album sales. BTS and Seventeen amassed 53% of the top 10 best-selling albums among their pair of new albums; the first Map of the Soul: 7 recorded more than 4.26 million albums sold, while the hang: garae moment sold more than 1.2 million albums.
Seventeen, which is under the auspices of Pledis Entertainment, which invested through Big Hit before this year, is described through Bang as a reflection of BTS’ global rise as a leading K-pop band. According to him, the 13-member boy band is developing as the BTS superstar two or 3 years ago. He described Seventeen as “Big Hit’s next intellectual mega asset [IP].”
Beyond 2020, Big Hit plans to launch a new women’s organization in 2021, which Bang described as a “global organization of women from diverse backgrounds and languages”.
Along with art releases, the briefing also addressed the good fortune of logo collaborations with Samsung and Starbucks this year, as well as the launch and IPs released through BTS this year, adding the release of TinyTAN BTS animated opposite numbers and graphic letters. book series. According to Big Hit, it sold 458 official IP products in the first part of 2020.
The company has many versions of IP planned for the rest of the year, adding an e-book on Korean language learning and courses created in agreement with the Korean Foundation and Hankuk University for Foreign Studies, upcoming games and The Most Beautiful Moment in Life: The Notes. 2 on August 25, a sequel to a past ebook that continues to explore the literary global history of the “BTS Universe” that permeates the BTS career.
I am a new York resident journalist who specializes in foreign music and media and I specialize in the Asian pop culture market and its tendencies. In addition to being a K-pop
I am a New York-based journalist who specializes in foreign music and media and specializes in the Asian pop culture market and its trends. In addition to being a K-pop columnist for Billboard, I have written for media such as NBC News, Entertainment Weekly, The Village Voice, MTV and Noisey. My first e-book “BTS: Blood, Sweat – Tears” comes out on August 11.