As all ARMYs know, Jungkook recently reached No.1 on the Billboard Hot 100 - αмєяι¢α's most prestigious music chart with Seven. This has made BTS' reputation as well as the chain of great achievements extended.
Not only that, Jungkook's debut at #1 on Billboard Hot 100 also has a great influence on entertainment companies, especially the stock value of the 4 biggest entertainment companies in Kpop today. Recently, in the latest news of кσяєαn TV station, they reported on this.
It shows the strong influence and attraction that Jungkook brings to the K-pop entertainment industry:
Ever since BTS announced the end of group activities and conducted their m̷i̷l̷i̷t̷a̷r̷y̷ enlistment, the growth of K-pop seems to have slowed down as well. Accordingly, HYBE's stock price witnessed the heaviest impact since its listing on the stock exchange while the butterfly effect was constantly spreading, causing other entertainment companies to also fall into stock value. decline.
But as the current top Kpop idols, the individual activities of the BTS members are producing good enough results, dispelling previous concerns. Notable is Jungkook's latest achievement with #1 on the Billboard Hot 100 for the week of July 29, äṩṩerting himself at world cläṩṩ.
The news that Jungkook took the top spot on Billboard made the stock prices of all 4 biggest K-pop entertainment companies skyrocket after just a few hours. Securities industry experts are also surprised by the strong growth in stock value after Jungkook entered the global music market and predict that this growth will continue to increase.
Specifically, on July 25, HYBE - the company directly benefiting from Jungkook's achievement recorded at 277,000 won, up 9,000 won (3.44%) from the previous day. JYP Ent. recorded 141,100 won, up 12,100 won (9.38%), showing the highest rate of return among the 4 entertainment companies. SM rose by 7% and YG Entertainment by 6%.
Witnessing Jungkook's outstanding influence after the achievement of #1 on Billboard, leading to a rise in the entertainment stocks overall including JYP, YG, SM and Cube, KBS this morning has not stopped praising the excellence he has shown. KBS reported: "Jungkook brust through the high walls that billboard built after eliminating artist store which is considered the strength of Kpop artists but Jungkook still topped the chart".
Meanwhile, Park Soo-young, a researcher at Hanwha Investment & Securities, said the entertainment industry's stock price, which has rebounded after a good performance in the first quarter, is typically driven by the #1 performance. of Jimin with Like Crazy, has entered a period of rest. However, with Jungkook's debut with his debut single, Seven has shown signs of growth again.
With what has happened, it is undeniable that Jungkook and BTS are still the most influential international artists in Kpop today. Fans are now expressing pride and celebration for Jungkook's new achievement:
- That’s what I call IMPACT!!
- Because Kpop artists are driven by sales on charts and when jungkook could chart despite billboard stopping the unlimited d2c sales, majorly with streams it increased all over again the Kpop entertainment value & investors interest as a whole in the industry.
- ‘Jeon Jungkook’; the name given him by his grandfather. It’s meaning ‘Pillar of a nation’, is definitely not ℓσѕт in so many ways.
- Baby doing charity work again. he's so generous. Everybody say thank you Jungkook, thank you army.
- Jungkook is carrying kpop company
- everyone say thank you jungkook !
- ANOTHER proof why BTS paved the way, carrying their own company as well as the entire kpop industry on their backs yet none is grateful to them...
- Kpopies say the words "thank you jungkook"
- that man keeping everyone lights on with his queer yearning song
- BAHAHAHAHA everyone better say his name with respect because he’s quite literally making sure your faves have food on their table
- At this point, he's clearly carrying the whole kpop industry
- crazy how bts members achieve these and all other companies benefit from it. WHILE the kpop stans are here sнιтting on bts on a daily
- ppl think we’re exaggerating when we say they’re carrying the kpop industry on their back. every time they top bbhot100 they create a wave throughout the industry. bts achieves soṃệẗḧing > kpop market value increases > investors’ interest increases > the industry thrives.