Music Industry News

BTS Fans Accuse Spotify of Deliberately Undercounting “Butter” Stream Counts

BTS. Photo Credit: HYBE BTS diehards are railing against Spotify for allegedly undercounting total streams on the K-pop sensation’s “Butter” track. BTS released “Butter” – their second English-language single – five days back, and at the time of this piece’s publishing, the three-minute-long track had officially garnered north of 220 million YouTube views and nearly […]

Music Industry News

South Korean Lawmakers Face Criticism Over ‘Unrealistic and Unfair’ BTS Military-Deferment Terms

Photo Credit: I Dare U JK / CC by 3.0 The Korea Music Content Association (KMCA) has filed a formal complaint over the “unfair” military-service deferment that K-pop sensation BTS received in 2020’s final month. To recap, lawmakers in December of 2020 passed a measure that allowed BTS members to delay completing their mandatory military […]

Music Industry News

A Livestream of BTS Watching the Grammys Almost Beat the Grammy Premiere in Total Viewers

Photo Credit: I Dare U JK / CC by 3.0 A 17-minute-long live-reaction video that BTS recorded while watching the Grammy Premiere Ceremony – the pre-televised portion of the annual awards show – nearly attracted more viewers than the official stream itself. The Grammy Premiere Ceremony kicked off at noon PST yesterday, March 14th, and […]

Music Industry News

Time to Clone BTS? Big Hit Invests $3.6 Million In ‘AI Voice’ Company Supertone

BTS rapper Suga. Photo Credit: Korea Herald BTS agency Big Hit Entertainment has invested about $3.6 million (four million South Korean won) in Supertone, a creator of AI voice-replication technology and audio-enhancement tools. Big Hit recently unveiled the multimillion-dollar investment, which totaled approximately $3.57 million based upon the exchange rate at the time of this […]

Music Industry News

BTS Label Big Hit Entertainment Generates $715MM+ In 2020 Revenue

BTS agency Big Hit Entertainment experienced a 36 percent year-over-year earnings hike in 2020, according to a newly released financial report, for total income of $717.37 million. The 16-year-old company’s 2020 financial performance encompassed a noteworthy year-over-year revenue uptick in spite of the COVID-19 pandemic and the fact that Big Hit earned north of $500 […]

Music Industry News

Is There Room for Another BTS? UMG, Big Hit Are Creating a ‘New Global K-Pop Boy Group’

Universal Music Group and Big Hit Entertainment have teamed up to create “a new global K-pop boy group” in the United States – in addition to establishing a record label for this as-yet-unformed act – as part of an “expanded strategic partnership.” The Big Three record label and the BTS agency recently unveiled their bolstered […]

Music Industry News

BTS Agency Big Hit Entertainment Prepares $63.2 Million Investment In YG Entertainment

BTS agency Big Hit Entertainment is reportedly preparing to invest $63.21 million (70 billion South Korean won) in Seoul-headquartered K-pop agency YG Entertainment. As part of this multimillion-dollar investment, Big Hit Entertainment will front approximately $27.09 million (₩30 billion) in the 24-year-old YG Entertainment’s YG Plus subsidiary, while Big Hit’s beNX tech subsidiary will provide […]