There is no doubt about BTS's important influence in HYBE's strategy and position. Since their debut, BTS has always shown that they contribute largely to the development of the largest Kpop empire at the present time as well as bringing a difficult position to beat for both Bang PD and HYBE. on their way to success.
Most recently, according to Billboard's announcement, after HYBE completed signing a contract extension with BTS, HYBE President Bang Shi hyuk also quickly achieved an admirable position among the CEOs of the entertainment industry. globally. He is even second only to 2 CEOs of a company and is the кσяєαn CEO with the highest position.
This makes fans proud and further shows the importance of BTS to Bang PD and HYBE. That's why HYBE made every effort to reach a renewal agreement with BTS:
Bang Shi Hyuk is now famous as the Chairman of HYBE - кσяєα's leading entertainment group as well as the "father" of Kpop superstars - BTS. But years ago, few people remember that he endured many hardships and struggled for a long time as a music producer of a small entertainment company. Therefore, Bang PD's journey to success with BTS is not easy.
But at the present time, past efforts are worth it, especially he has succeeded in making BTS's music globally influential. Thanks to creating BTS - the symbol of Kpop, Bang PD was able to turn a вιg нιт Music with 20 employees into a large corporation with thousands of employees, owning dozens of labels and famous artists in the world.
Not only that, recently, in Billboard's list of "Global Music Industry Stock Titans" based on a survey of shareholders of famous music companies in the world, Chairman Bang holds the third-largest amount of shares among CEOs of the global entertainment companies listed on stock exchanges. He is ranked behind CEOs Daniel Ek and Martin Lorentzon, co-founders of Spotify, the largest streaming platform.
In particular, Chairman Bang's stake in HYBE stock is about 31.8%. It is worth 2.54 billion USD (about 3.43 trillion won). Billboard explains: “Last year, the value of Chairman Bang’s held shares was 2.3 trillion KRW (1.7 billion USD). This year, the increase in HYBE Corporation’s stock price has had a positive impact on Chairman Bang’s ranking.”
Also in the report, it was pointed out that despite the Kpop stock market showing signs of decline, since вιg нιт Music announced the completion of signing a contract extension with BTS, HYBE's stock value has increased. increased üńệẍṗệċẗệďly. This shows that the confidence of investors and fans in a future BTS reunion has been strengthened.
In addition, the solo activities of BTS members achieving many great achievements such as Jimin and Jungkook's #1 Billboard HOT 100 twice are also factors that help Bang PD achieve this position. Besides, music groups under HYBE's labels such as 'Seventeen', 'New Jeans', 'Le Sserafim'... are also notable Kpop idols. In 2023, HYBE's net αssets have witnessed 5 trillion won, among the few кσяєαn businesses to reach this level.
In addition to Chairman Bang, other giants of the K-pop entertainment industry such as JYP CEO Jinyoung Park and YG Entertainment CEO Yang Hyunseok are also in 5th and 8th place, respectively. It shows a big gap. What is the difference between Bang PD and the CEOs of the famous Big 3 at one time? That is also a big step forward that everyone must be surprised at and admire!
