BTS needs some assistance from the ARMY.
15.06.2022 - 09:37 / nme.com
HYBE, the label behind K-pop supergroup BTS, has seen their stock price plummet after the K-pop boyband announced they would be going on a temporary break.The South Korean entertainment agency’s shares dropped as much as 28 per cent within the first hour of trading today (June 15), one day after BTS said they would be focusing on their solo careers. According to a report by Billboard, HYBE’s shares had fallen as far as ₩140 thousand per share after opening at ₩168 thousand.The company is currently headed for its lowest close on record since it went public in 2020, wiping out as much as $1.7million in market value as of writing.In light of uncertainties regarding the septet’s future, even prior to their recent announcement, HYBE has seen its stock go down by nearly 60 per cent this year so far, per The Straits Times.
This means that the company has given up nearly all of its gains since its debut on the stock market.Lee Hye-in, an analyst at Yuanta Securities Korea Co., told Bloomberg that the company is facing possible sharp downgrades to its profit and revenue estimates for this year and the next. Should HYBE confirm that BTS will not be resuming live performances for the year, the company’s revenue could be down by 25 per cent lower than previously estimated.
Its profit, meanwhile, may be cut by as much as 33 per cent.Lee Ki-hun, an analyst for Hana Financial Investment, said separately to Korea JoongAng Daily that the group’s announcement is “an indirect way of expressing [the need to] join the military”. BTS’ need to enter South Korean mandatory military service has been up in the air, with politicians in the country not able to see eye-to-eye on whether the septet should service.“The 2022 earnings can be partly
.BTS needs some assistance from the ARMY.
BTS’s label BigHit Music is asking fans to help protect the group from “malicious postings” online.
KARD have unveiled their stirring cover of BTS’ 2017 single ‘Spring Day’.The quartet performed their rendition of BTS’ ‘Spring Day’ during their recent appearance on South Korean music programme Yoo Heeyeol’s Sketchbook. While its arrangement remained true to the original, the co-ed group brought a new spin to the favourite track.“Snowflakes fall down / And fall apart little by little / I miss you (I miss you) / I miss you (I miss you),” harmonise BM, J.Seph, Somin and Jiwoo on the chorus.“Because we are seen as a performance group, we don’t have many chances to show more earnest songs. Today, we wanted a sing a more emotional song for you, so we’ve prepared a song called ‘Spring Day’ by BTS,” shared vocalist Somin. Elsewhere during the episode, the quartet also put on a powerful performance of their latest title track ‘Ring The Alarm’, from their new mini-album ‘Re:’.
STAYC are set to return with new music in July, as confirmed by High Up Entertainment.Earlier today (June 30), South Korean news outlet Ilgan Sports reported that the K-pop rookie group are currently in the midst of preparations to drop a new album in July. The publication cited insider information claiming that the six-piece have completed recording and are filming a music video for the release.In response to the report, STAYC’s label, High Up Entertainment, confirmed the news in brief statement to OSEN. “It is confirmed that STAYC will be making a comeback in July,” confirmed the label, as translated by Soompi. “They recently finished shooting the music video, and they’re working hard on the final preparations.”STAYC’s forthcoming July comeback will be their second release of the year, due to arrive approximately five months after their sophomore mini-album ‘YOUNG-LUV.COM’ in February, which featured the hit title track ‘RUN2U’.In a glowing four-star review of that record, NME’s Angela Patricia Suacillo described ‘YOUNG-LUV.COM’ as “a mature, ambitious return that ups the ante”, and proves “that STAYC have the mettle to continue pushing the envelope with every record they put out, while not having to completely reinvent themselves every time”.Meanwhile, the girl group are set to perform at this year’s three-day KCON LA convention, which is set to take place from August 19 to 21 at the Crypto.com Arena and the LA Convention Center located in downtown Los Angeles.
BTS member J-Hope has announced the details of his first solo single, titled ‘More’.Yesterday (June 27), the K-pop idol’s label Big Hit Music revealed that the BTS member would be releasing a track called ‘More’ this Friday (July 1) at 1pm KST. The upcoming song will be the first single from J-Hope’s debut solo album ‘Jack In The Box’, which was first announced over the weekend.‘Jack In The Box’ is due out on July 15.
J-Hope has announced his debut solo album, ‘Jack In The Box’.Announced on Saturday (June 25) via Big Hit Music and HYBE, the album has been confirmed for a July 15 release. The first preview of ‘Jack In The Box’ is due to arrive this Friday (July 1).Per Big Hit’s release via the Weverse, ‘Jack In The Box’ will serve as a way for the BTS member to “break the mould and grow further”.j-hope 'Jack In The Box'#jhope #제이홉 #JackInTheBox pic.twitter.com/aVVBwH3QbT— BIGHIT MUSIC (@BIGHIT_MUSIC) June 25, 2022The news came after BTS announced a temporary hiatus from group activities to focus on solo endeavours.However, Big Hit Music has since walked back the group’s statements, instead saying that the septet will “harmoniously carry out their group and individual activities”.With the upcoming single and album, J-Hope will be the first member from the record-breaking K-pop group to release solo material following the start of BTS’ break.In a recent interview with Weverse Magazine, J-Hope opened up about the group’s state of mind while preparing for their Grammys 2022 performance in April.
Patrick Frater Asia Bureau Chief“Top Gun Maverick” flew to the top of the box office charts in South Korea over the weekend, with a supersonic $9.6 million opening loop. It replaced “The Witch: Part 2 The Other One,” which had been top dog for only a week.Tom Cruise, a regular visitor to Korea, jetted into Seoul with producer Jerry Bruckheimer and co-stars Miles Teller, Glen Powell and Greg Tarzan Davis to goose the movie’s takeoff in the country. Cruise professed himself grateful for the fan’s warm reception and talked up the importance of in-person visits to the cinema.Sub-distributed in Korea by Lotte Entertainment, the film opened on Wednesday and played on more than 1,900 screens.
Jessi has stepped down as the host of digital talk show Showterview, with Sunmi set to take her place.South Korean news outlet Sports World reported today (June 24) that the Korean-American singer-rapper has officially stepped down from her role as a host for the popular online SBS talk show. Jessi’s run as the host of Showterview first began in June 2020, and has featured a total of 155 guests throughout her nearly two-year-long stint.In replacement of Jessi, the outlet quoted insider sources in claiming that former Wonder Girls member Sunmi is set to take over as the host of Showterview.
Patrick Frater Asia Bureau ChiefK-pop superstars BTS have committed to playing a live concert in support of Busan as host city of the 2030 World Expo. The group has also been appointed as ambassadors for the bid.Bang Si-Hyuk, chairman of BTS’ management agency HYBE, and the company’s CEO Park Jiwon on Friday (local time) signed an agreement with Busan Metropolitan City mayor Park Heong-joon.The deal commits the band to the concert and a range of related tasks.
Thania Garcia HYBE, the Korean music company representing BTS, lost $1.7 billion of market value within the first hour of stock trading on Wednesday (June 15) following the band’s hiatus announcement.On Tuesday, June 14, the seven group members announced that they are going on a hiatus — via a translator — to pursue solo work, which almost instantaneously knocked HYBE shares in South Korean trade down by nearly 28%. HYBE shares had fallen by just about 25,000 won on Wednesday morning and continued to drop throughout the day, wiping out $1.7 billion of market capitalization.Within the first hour of trading, the shares surged slightly from their starting point of 140,000 won to 145,500 won.
BTS member J-Hope is set to be the first member of the boyband to release new music, according to Big Hit Music.A day after the septet announced their temporary hiatus from group activities, a representative from Big Hit Music confirmed that the group will be releasing new solo material and collaborations during their break from group engagements.Of the members, J-Hope is slated to be the first to release new solo music, with a full-length solo album reportedly in the works, per Billboard. Further details on the rapper’s forthcoming release are expected to be released in the coming weeks.“[The hiatus] will be a time for each of the members to grow with their diverse activities, and we anticipate that this will foster BTS into a long-running team,” the representative told South Korean media outlets, as translated by Soompi.
After nine long years together, K-Pop sensation BTS is DONE!
Popular K-pop boy band BTS have announced that they are going their separate ways for now. The South Korean band told fans that they are on hiatus to pursue solo careers.
South Korean supergroup BTS is to go on “temporary hiatus” so its members can pursue solo careers. The news came as the seven-man group hosted their annual FESTA dinner, which celebrates their founding.
BTS member V is set to star in a special spin-off of In The Soop, alongside actors Park Seo-joon, Choi Woo-shik and Park Hyung-sik, plus rapper Peakboy.Titled In The Soop: Friendship Trip, the upcoming special edition of In The Soop will star V, Park Seo-joon, Choi Woo-shik, Park Hyung-sik and Peakboy – affectionally known to fans as the “Wooga Fam” – as they head on vacation together.The series will feature four episodes that will show the five celebrities together on a four-day, three-night holiday, according to The Kpop Herald.
Chung Ha will reportedly be making her long-awaited comeback with new music next month.Yesterday (June 9), South Korean news outlet The Korea Heraldreported on that the K-pop idol is currently gearing up to return with her second full-length album in July. Chosun Biz added in a separate report that the singer is also “in the final stages” of preparations of her album.Neither Chung Ha nor her representatives have yet to respond to the reports as of writing.
aespa have sold more than 1million copies of their upcoming album ‘Girls’ through pre-orders alone.The K-pop quartet’s label, SM Entertainment, told South Korean news outlet Yonhap News Agency earlier today (June 9) that aespa had managed to sell a million copies of their forthcoming second mini-album titled ‘Girls’ so far. Notably, it’s only been a week since pre-orders started on June 2.This achievement makes aespa the second K-pop girl group in history to sell a million copies of an album in pre-sales, following BLACKPINK with their 2020 record ‘The Album’.
Eric Nam has opened up about his experience growing up Korean-American and how it has influenced his career.The 33-year-old singer-songwriter recently appeared in an episode of The Zach Sang Show, where he opened up about his Korean heritage. During the interview, Nam confessed that he previously thought of being a Korean-American as a “hindrance”.“I think for a long time, being a Korean-American, or being Asian-American in the States, it felt as if it was a hindrance, or it was like, something that was supposed to hold me back,” he shared.