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K-pop Group BTS’s Annual Economic Value Estimated at 4 tln Won: Report

K-pop Group BTS’s Annual Economic Value Estimated at 4 tln Won: Report

SEOUL, Dec. 18 (Korea Bizwire) — The economic value generated by K-pop boy band BTS is estimated at around 4 trillion won (US$3.54 billion) annually, a local researcher said Tuesday, indicating that the global sensation plays a significant role in South Korea’s economy that stretches beyond the cultural sector. The Hyundai Research Institute (HRI) said [...]

BTS’ Album Certified Gold by Recording Industry Association of America

BTS’ Album Certified Gold by Recording Industry Association of America

SEOUL, Nov. 22 (Korea Bizwire) — South Korean boy band BTS has achieved gold status from the Recording Industry Association of America (RIAA) for its compilation album “Love Yourself: Answer,” its agency said Thursday. It is the first time for any South Korean musician to get gold certification for an album, Big Hit Entertainment said. [...]

BTS Fans Donate to Foundation for Comfort Women

BTS Fans Donate to Foundation for Comfort Women

SEOUL, Nov. 16 (Korea Bizwire) — Fans of Korean boy band sensation BTS have started making donations to comfort women victims from the Japanese colonial era. According to the “House of Sharing” in Gwangju, Gyeonggi Province, over 130 separate donations totaling 3.5 million won have been wired to the foundation’s bank account since November 8, [...]

BTS Concert in Japan Draws Crowds Despite Controversy over A-bomb Image

BTS Concert in Japan Draws Crowds Despite Controversy over A-bomb Image

SEOUL, Nov. 15 (Korea Bizwire) — Renowned Korean boy band BTS has successfully finished its two concerts in Tokyo, drawing a total of 100,000 fans, the group’s management agency said Thursday. BTS performed live about 30 songs, including the Japanese version of “I Need You,” “Run” and “DNA,” during the “Love Yourself” concerts at the [...]

Japanese Newspapers Publish Negative Reports on K-pop Stars

Japanese Newspapers Publish Negative Reports on K-pop Stars

SEOUL, Nov. 14 (Korea Bizwire) — Along with the recent cancellation of a Japanese TV appearance by K-pop superstars BTS, a series of negative press reports on K-pop singers have been published in Japanese media outlets. And following a large-scale anti-Korea rally held in central Tokyo hosted by right-wing activists, critics have expressed worry that [...]

Big Hit Apologizes for Recent BTS Wardrobe Controversy

Big Hit Apologizes for Recent BTS Wardrobe Controversy

SEOUL, Nov. 14 (Korea Bizwire) – BTS’ agency Big Hit Entertainment has issued a statement over the recent controversies surrounding its artists’ wardrobe choices. “We don’t condone any activities of war or the use of atomic weapons. … We had no intention to hurt victims of the dropping of atomic bombs,” it said Tuesday night, [...]

Long-standing Korea-Japan Tension Behind BTS T-Shirt Controversy

Long-standing Korea-Japan Tension Behind BTS T-Shirt Controversy

SEOUL, Nov. 13 (Korea Bizwire) — The cancellation of superstar K-Pop group BTS’s appearance on a Japanese television show is an allusion to an awkward relationship between South Korea and Japan. When Japan’s TV Asahi cancelled BTS’ appearance and blamed it on the ‘liberation’ t-shirt that BTS member Jimin was seen wearing in the past, [...]

Controversy Surrounding Forced Labor Court Ruling Escalates in Japan

Controversy Surrounding Forced Labor Court Ruling Escalates in Japan

SEOUL, Nov. 13 (Korea Bizwire) — Following a court ruling that ordered Nippon Steel & Sumitomo Metal Corp. to pay damages to four Korean victims who were forced into labor during the Japanese colonial era, the Japanese government has responded strongly, completely shaking up Korea-Japan relations. Japanese government officials have been continuously releasing resolute statements [...]