Dynamite and an ARMY: how K-pop’s BTS invaded the US billboard charts

  • RM, V, J-Hope, Jungkook, Suga, Jin and Jimin belong to no ordinary boy band, but a multibillion-dollar enterprise making up a chunk of South Korea’s GDP
  • While their success has only recently been recognised overseas, it has been a long-time coming and owes much to savvy marketing and fan engagement

South Korean boy band BTS perform at the 2020 MTV Video Music Awards. Photo: AFP
While K-pop outfit BTS’ first English-language single Dynamite continues to dominate the charts, the boy band’s management company Big Hit Entertainment is reportedly eyeing an IPO in October worth US$811 million.

The firm’s CEO Bang Si-hyuk is to offer his superstar group just over US$54 million in shares to strengthen their “long-term partnership” and “boost morale”, according to industry reports this week.

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