SEOUL, Oct. 4 (Korea Bizwire) — The chief of Big Hit Entertainment, the creative force behind K-pop superstar BTS, will become the 14th-richest stockholder in South Korea after his company’s initial public offering (IPO) in mid-October. The company is scheduled to open subscription for retail investors Monday and Tuesday at an IPO price of 135,000 [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korean analysts offer a wide range of target prices for Big Hit Entertainment, an agency of K-pop superstar BTS, ahead of the company’s market debut slated for this month. Big Hit Entertainment’s listing, set for Oct. 15, is one of this year’s mega IPO deals, thanks to the [...]
SEOUL, Oct. 1 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop superstar BTS, will make its debut on the main bourse this month, arguably emerging as the top entertainment pick by investors this year. The company will open subscription for retail investors Monday and Tuesday at an initial public offering (IPO) price [...]
SEOUL, Sept. 28 (Korea Bizwire) — Big Hit Entertainment, the management agency for K-pop super group BTS, said Monday its initial public offering (IPO) price has been set at 135,000 won (US$115) following last week’s demand forecasting session. The offering price represents the upper end of its IPO price range provided for two-day demand forecasting [...]
SEOUL, Sept. 24 (Korea Bizwire) — Big Hit Entertainment, the management agency for K-pop super group BTS, was to start demand forecasting for domestic and overseas institutions Thursday in the runup to its initial public offering (IPO). Big Hit Entertainment will determine the initial offering price following the two-day forecasting session as one of the [...]
SEOUL, Aug. 13 (Korea Bizwire) — Big Hit Entertainment, the label-management agency of K-pop giant BTS, announced Thursday that its estimated sales revenue during the first half of 2020 reached 294 billion won (US$244.8 million) on the back of strong album sales and paid online concert revenues. In a biannual corporate briefing held on YouTube, [...]
SEOUL, June 2 (Korea Bizwire) — Big Hit Entertainment, the record label and management agency of K-pop giants BTS, has opened an online global audition program for 2020, the company said Tuesday. Big Hit announced on its official website and social media accounts that it started receiving online applications on Monday for the 2020 Big [...]
SEOUL, May 26 (Korea Bizewire) — K-pop mega group BTS are undoubtedly a huge financial blessing for their record label-management agency Big Hit Entertainment. Thanks to the septet’s smash hit album “Map Of The Soul: Persona” and sellout concerts worldwide, Big Hit posted record sales of 587.2 billion won (US$472.2 million) in fiscal year 2019, [...]
SEOUL, Jan. 15 (Korea Bizwire) — Big Hit Entertainment, the music label of K-pop super band BTS, is scrambling to expand its business portfolio of K-pop artists following a sensationally successful year in 2019. A media report said earlier this week that Big Hit is on its way to acquire and merge with Pledis Entertainment, [...]
SEOUL, Sept. 4 (Korea Bizwire) — The music label of boy band BTS said Wednesday it will throw a global audition this year to launch a K-pop girl group around 2021. “In cooperation with Source Music, Big Hit is set to host the ‘Plus Global Audition’ to recruit members for a new girl group with [...]