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

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

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
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