Covid-19 can’t keep K-pop down: BTS label Big Hit Entertainment’s profit almost doubles over previous year

//Covid-19 can’t keep K-pop down: BTS label Big Hit Entertainment’s profit almost doubles over previous year

Covid-19 can’t keep K-pop down: BTS label Big Hit Entertainment’s profit almost doubles over previous year

Many music companies have been struggling in 2020, but not Big Hit Entertainment: in the previous quarter, the home to BTS and other popular K-pop acts saw sales jump more than 50 per cent and net profits almost double, compared to the previous year.On Monday, the South Korean entertainment powerhouse shared its preliminary results for the third quarter of 2020, revealing a steady increase across the board despite the lack of live events. The company credited this growth to album and official…

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By | 2020-11-16T04:30:58+00:00 November 16th, 2020|Music|Comments Off on Covid-19 can’t keep K-pop down: BTS label Big Hit Entertainment’s profit almost doubles over previous year