Busan Authority Was Criticized Because BTS And HYBE Will Have To Spend Enormous Cost For Holding The Concert

BTS's free concert to be held in October seems to be the most controversial event ever in the organization. Many people even hope that BTS and HYBE will cancel this concert because they feel that BTS is being taken advantage of.

Recently, a new information was revealed about the cost of holding a concert that made many people feel confused. That is, BTS and HYBE will have to pay for their own concert in Busan even though it is an activity to promote EXPO.

Specifically, in July, BTS was selected as the ambassador for the Busan 2030 World Expo. As an ambassador, BTS announced that they would hold a concert on October 15 in Busan to help Busan attract people's attention to EXPO.

According to business and culture officials, it is known that about 7 billion KRW is the cost that needs to be paid to hold BTS' concert at the Busan Asiad Main Stadium. The maximum number of people who can enter the stadium to attend BTS' Busan concert is from 60,000 to 70,000 people. They said that because of the scale and the concert of BTS, the cost of the equipment is very high.

But the curious thing here is who will pay for this huge cost. Many netizens believe that the Busan government will be the one to pay because this is an activity within the framework of Busan EXPO 2030. However, the answer of the Busan government official made netizens surprised and angry.

An official from the Busan government said that because HYBE is the organizer, the related costs will be borne by HYBE. Accordingly, HYBE will pay for the concert by receiving advertisements from other companies. If advertising funding is not feasible, HYBE will have to pay the rest. This also means that BTS and HYBE will have to use their own money to hold concerts.

Recently, HYBE also confirmed the payment of expenses for the Busan concert with Korea Economic Daily, "HYBE and many other companies are participating as official sponsors to participate in the efforts to attract the fair". The names of the participating companies are not disclosed, but some sources say that large corporations such as Samsung, SK, Hyundai, LG, Lotte, CJ, etc. are being attracted to BTS.

However, in case the sponsorship amount is not enough or there is no funding source, BTS and HYBE must bear all costs. This is considered unfair by netizens because BTS has to put in effort to perform and promote while having to spend extra money to hold a concert.

Some netizens believe that the Busan government is trying to profit from BTS when house and land prices skyrocket thanks to BTS's effect while not paying any money for their concert. Many people also objected to holding a concert in Busan and raised concerns about the organization because it seems that the Busan government is not doing this well:

- BTS is holding a free concert, but Busan wants them to spend money? What is Busan doing?

- Busan city must mobilize funding. First, I think HYBE will pay the necessary expenses and then the city will handle the expenses, but is it all covered by HYBE?

-  I feel sorry for BTS

-  If you don’t have money to spend on that, what expo in Busan are you talking about??

- As a citizen of Busan, I don’t know why the concert was held, and I wish it was cancelled

-  What’s wrong with Busan?… They are not responsible, they’re just asking for too much

- Honestly, this can only be construed as an agreement on exemption from military service

- That’s why I want it cancelled. Look at what’s happening in Busan

- Busan is crazy.. I’m not an ARMY but I feel so sorry for BTS

- I wish they could cancel it.. I don’t want to see BTS being treated like this