BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters
BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters

K-pop superstars BTS become multimillionaires after Big Hit shares surge in South Korea

  • Big Hit Entertainment’s shares soared on the first trading day before receding, valuing the South Korean agency at about US$7.6 billion
  • The company says it will use the money raised to pay off debts, expand its business by acquiring music labels and foster artists in different countries

Topic |   BTS
BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters
BTS perform during the 2020 MTV video music awards. Photo: Viacom/Handout via Reuters
READ FULL ARTICLE