BTS launch ‘Be’ on November 20, their production firm valued at US$4 billion

“Even within the face of this new normality, out life goes on and imparts a message of therapeutic to fans and to the world.”
Big Hit, the label behind South Korea’s mega pop outfit BTS, have introduced that pre-orders have already started this week and basic release of their new album is due on November 20. They’ve described the extremely anticipated as “the most ‘BTS-esque’ music yet”, no matter that means!
The unlikely pop music heroes, who’ve burst via the bamboo ceiling and made an Asian band the largest pop act on the planet, introduced the date of their second album launch for 2020. ‘Map of the Soul: 7′ debuted on top of the Billboard chart on March 7, 2020, marking BTS’ fourth Number 1 album. In 2019 they matched The Beatles report of three albums to succeed in the Number 1 place in the identical calendar year.
The arrival of their new album, simply titled ‘Be’, is the band’s reply to reach out to their followers, called ‘ARMY’, since they needed to cancel their entire 202 sold out stadium live performance world tour.
The announcement of the new album follows the release of the hit single, and summer season disco bob, ‘Dynamite’, their first all English-written song, and their first track to succeed in the Number 1 on Billboard’s Hot 100 major singles chart for three weeks (over a four week period). The song not only reached the Number 1 place, it debuted at Number 1.
‘Dynamite’ broke the YouTube record for many views in a 24 hour period, racking up an astonishing 101.1 million views. The band additionally has one other four songs in YouTube’s Top 10 most viewed videos in 4 hours.
Here they are performing ‘Dynamite’ at this year’s VMA awards (they also gained four VMAs)…
https://youtu.be/zJCdkOpU90g
(The link, if the video doesn’t play… https://youtu.be/zJCdkOpU90g)
They’re additionally the first K-pop act to reach the Number 1 spot on the Billboard chart – Psy and ‘Gangnam Style’, regardless of its worldwide success, solely reached the Number 2 spot in 2012.
The company behind BTS, Big Hit Entertainment, fully unknown until their sole act BTS started rising via the ranks of South Korea’s K-Pop, after which tackle the world pop market, has priced its initial public offering on the prime of its range last Monday, as hopeful patrons chased South Korea’s largest itemizing in three years.
Ironclad expressed curiosity in more than 1,000 instances the number of shares on provide. Even the die-hard BTS followers are putting in bids in the hopes of securing even one share in what analysts count on to be South Korea’s hottest listing this yr.
Here’s a reside version of ‘Dynamite’ and some of their different songs, carried out last week on NPR…

(The hyperlink, if the video doesn’t play… https://youtu.be/gFYAXsa7pe8)
Big Hit priced the IPO at 135,000 gained (US$114.99) per share, the highest of an indicative value range of one hundred and five,000-135,000 won announced earlier this month.
Big Hit reported a forty nine.7 billion received (US$42,695,950) revenue for the primary half of 2020 as its on-line live performance and merchandise gross sales on the Weverse app greater than offset the stadium live performance and occasion cancellations during the Covid-19 pandemic. Big Hit have kicked off a couple of more acts lately however 99% of the company’s revenue comes from just one band, BTS. BTS is brief for his or her full Korean title Bangtan Sonyeondan (방탄소년단), translated loosely as Bulletproof Boy Scouts.
The 7 members are RM, Jin, Suga, J-Hope, Jimin, V and Jungkook and have been working collectively since around 2011 but debuts in June 2013. Coming from a ‘no name’ manufacturing firm they battled the tough ‘pop blood sport’ of K-Pop and had very tough occasions of their early days before breaking into the world market sometime round 2016. Their success within the US has solely really been over the past 2 years.
The IPO will makes the 7 BTS members instant multimillionaire stockholders, as Big Hit CEO Bang Si-hyuk gave them sixty eight,385 shares every, worth practically US$7.9 million at the concern price, in August..

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