Big Hit Entertainment Files For IPO!

If you've always wanted to have a piece of BTS, you're in luck! Whereas you can't quite have them all for yourself, soon you can literally buy a share in BTS's label, Big Hit Entertainment! 

According to Bloomberg and other reports, Big Hit has filed for an IPO (Initial Public Offering) in South Korea's sole securities exchange operator, Korea Exchange. What all that means for the layperson (or BTS fan) is that Big Hit will be offering the public a chance to purchase stock in the label for the first time.

BTS at the 2020 Grammy Awards!

Big Hit has reportedly stated that they are aiming for the IPO to be completed before BTS begins their mandatory military service in Korea, and with Jin being expected to join the army in December, they are estimated to raise more than 1 trillion won (roughly SGD1.14 billion) with a market capitalization of as much as 2 trillion won (roughly SGD2.28 billion). 

With Big Hit's recent acquisition of Pledis Entertainment, which gives them a line-up of artistes that includes GFRIEND, NU'EST, Seventeen and TXT, everything is looking up for Hitman Bang and Big Hit Entertainment!

Feeling a bit like BTS?

If you want to know what some of their favourite clothing brands are off-stage, click here!