BTS’ label Big Hit now owns part of rival K-pop company YG, home to Blackpink, while also striking a major deal with online platform Naver

//BTS’ label Big Hit now owns part of rival K-pop company YG, home to Blackpink, while also striking a major deal with online platform Naver

BTS’ label Big Hit now owns part of rival K-pop company YG, home to Blackpink, while also striking a major deal with online platform Naver

Big Hit Entertainment – the home of K-pop giants BTS – is expected to increase its dominance in the South Korean entertainment industry after making an investment in rival firm YG and approving an investment from tech company Naver.The moves will make Big Hit an even stronger player in the growing world of K-pop business-to-consumer applications, coming after the global coronavirus pandemic upended the live music industry around the world.Big Hit’s board met on January 27 to approve an…

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By | 2021-01-28T14:15:07+00:00 January 28th, 2021|Music|Comments Off on BTS’ label Big Hit now owns part of rival K-pop company YG, home to Blackpink, while also striking a major deal with online platform Naver