BTS’ agency HYBE is now officially conglomerate with over 2 trillion KRW sales; 1st entertainment company with title
BTS' company HYBE Corporation became a conglomerate and Bang Si Hyuk became once named the head of the company. Listed below are the fundamental aspects.
BTS’ company, HYBE Corporation, officially bought the title of a publicly disclosed corporate community, and Bang Si Hyuk, who’s the chairman, is well-known as the head of the industrial. HYBE Corporation became once established in 2021, and huge Okay-pop teams admire BTS, SEVENTEEN, NewJeans, TOMORROW X TOGETHER, LE SSERAFIM, and extra are managed by the company.
HYBE Corporation becomes the first entertainment company to be known as a conglomerate
On Might presumably maybe furthermore 15, the Resplendent Replace Commission designated the title of a publicly-disclosed conglomerate for 2024 as their sources surpassed KRW 5 trillion. (roughly 3.85 billion USD). This makes HYBE Corporation the first entertainment company to rep this title. Bang Si Hyuk who’s the chairman of the company, holds 31.57 percent of the shares, making him the head of the conglomerate.
The Resplendent Replace Commission explained that this immediate enhance of the entertainment change is instigated by the international success of Okay-pop teams admire BTS. Revenue from albums and performances is a key factor within the designation.
Extra about HYBE and Bang Si Hyuk
Bang Si Hyuk, usually known as Hitman Bang, is a track producer and the chairman of HYBE Corporation. He debuted as a composer early in his lifestyles. In JYP Entertainmen’s early days, he ragged to work for the company. He ranks 16th within the Forbes listing of South Korea’s top 50 richest of us. In September 2023, Billboard released a listing of top money-makers within the international track scene. Bang Si Hyuk ranked Third on the listing, within the reduction of Spotify co-founders Daniel Ek and Martin Lorentzon.
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Smartly-liked Okay-pop teams together with BTS, SEVENTEEN, TOMORROW X TOGETHER, NewJeans, LE SSERAFIM and solo artists admire Zico and Lee Hyun are under HYBE Corporation.
HYBE Corporation is for the time being in a feud with ADOR which is its subsidiary. The case is making headlines as unique revelations are coming to gentle daily.
Source credit : pinkvilla
