to create a K-pop-focused label with Geffen Records, and a music competition show on U.S. television to discover a new K-pop boy band. Si-hyuk called the partnership with the world’s largest music company “an acknowledgement of the capability of the full-production system” of production, fan communication and the ability to launch new artists.
Its 360-degree business model allowed Big Hit to quickly pivot to ameliorate the pandemic’s effects by moving from the real world to a virtual one. Online concerts, namely a New Year’s Eve live show, drove content revenue up 71% to $120.1 million. Merchandise sales shifted from concert venues to online platform WeVerse, rising 53% to $233.1 million.
While BTS is undoubtedly a global phenomenon, Big Hit received 46.4% of its 2020 revenues from South Korea — Si-hyuk says Big Hit accounted for 33% of all album sales in South Korea in 2020 — and 30.4% from other Asian countries, both increases from 2019. Without concerts in 2020, North America’s share of Big Hit’s income dropped from 33.2% to 21.8%, despite strong album sales and track streams in the U.S.
Legends and Kings of Kpop they deserve everything love you all to moon and back forever 💜💜💜 BTS_twt Jimin BTS BTS_BE LifeGoesON Dynamite BTSWorldDomination LifeisBTS babymochi Army4ever
😲😲
Best artists in the world💜💜💜💜💜💜💜BTS_twt
Que asco BTS
💜💜💜
wow
Thank you BTS! I hope all the members of BTS can see my message!BTS_twt BigHitEnt pls translate to them. Thank you for giving joy through your positivity and your music that we are continuing life amidst this pandemic! U are our happy pill! Depression is real but u saved us!
BILLBOARD GRAMMYS RecordingAcad TIME WSJMag Variety HarvardBiz BTSonMTV FixYou BTSxMTVUnplugged MTV MTVUnplugged ARMY BTS achieved unparalleled global success in 2020 in spite of the pandemic.
That a little more than I made in my dreams last year.
Big WOW 💜💜
💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜
We are proud of what they become...from underdog agency to the Bighit agency now..The boys are just not Kpop but the best International Artists!! BTS_twt Nobody like BTS!💜💜💜💜
Lgo💜 BTS_twt
💙🖤 BTS_twt
ARMY BTS_twt
btsbeingbtsyt Flexing
Army:
Ended big3trash
Deserve Everything As They Should 💜
You don't say. World domination
YES x BTS_twt
BIG HIT WORLD DOMINATIOONNNNN💜💜💜💜
BigHit Big3
Congrast BigHitEnt
kingg
Yieee