How Much Money Did Bts Bring To Korea

August 19, 2021 Post a Comment

Korean boy band BTS making it to the No1 position on the Billboard 100 speaks volumes about K-pops calibre. BRIDGET BENNETTAFPGetty Images Of all the jaw-dropping statistics out of South Korea the splashiest is that K-pop sensation BTS is producingalong with hit songsa whopping 465 billion.

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Dec 20 2018 500 am SGT SEOUL South Korean boyband BTS are worth about 41 trillion won S5 billion to the countrys economy every year -.

How much money did bts bring to korea. When PSY was active the economic effect amounted up to about 1 trillion won 12 billion AUD said Do Jong Hwan the minister of the South Korean ministry of culture sports and tourism. If BTS maintain their popularity they stand to bring in 37 billion to South Korea over the next 10 years. According to reports from the Korea Herald and Korea Times donations to the Korea Disaster Relief Association from members of the BTS ARMY.

When Psy was active the economic effect amounted up to about 1. BTS then released two concert films that further contributed their cash flow named Burn the Stage 2018 that grossed 20 million worldwide and Love Yourself in Seol 2019 that brought in 10 million. The Korean Wave or hallyu it includes Korean TV dramas and K-pop sweeping across the world has come as a blessing in disguise for the countrys image and economy especially after the 1997 Asian financial crisis.

Do Jong Hwan head of South Koreas Ministry of Culture Sports and Tourism told the Segye Ilbo as translated via Allkpop. Researchers estimated that BTS annual production inducement effect which means the economic value added to related industry totals 36 billion annually which is equivalent to. As if I didnt.

South Korean boy band BTS are worth more than US36 billion to the countrys economy every year equivalent to the contribution of 26 mid-sized companies. South Korean label Big Hit Entertainment home to acts like BTS and TOMORROW X TOGETHER achieved skyrocketing revenue by bringing. Theyre so influential that they reportedly bring about 36 billion to the South Korean economy.

BTS accounts for 465 billion of South Koreas GDPand other jaw-dropping stats about the supergroup And that puts them in the same financial neighborhood as. In the end BTSs 465 billion. And their most recent film Love Yourself in Seoul brought in over 10 million during its January 2019 release.

That makes the band as valuable to South Koreas economy as multinational giants like Samsung and Hyundai. BTS is worth over 36 billion a year to South Koreas economy. As a brand BTS is very valuable.

South Korean boy band BTS attend the Seoul Music Awards on January 15 2019 in Seoul South Korea Getty Images. 15 UPI -- Fans of the seven-member boy band BTS are driving a global surge in the popularity of the Korean Wave and adding 35 billion a year to the South Korean economy according. The band has the.

The uber-popular Korean pop boy band BTS accounts for 465 billion of South Koreas GDP per the Hollywood Reporter. The South Korean government agency Ministry of Culture Sports and Tourism has revealed the huge impact that BTS have had on the countrys economy. SEOUL - South Korean boyband BTS are worth more than 36 billion to the countrys economy every year -- equivalent to the contribution of 26 mid-sized companies --.

The South Korean company most comparable to BTSs contribution was Korean Air which earned revenues of 1165 billion 07 percent of GDP - in 2018. Hyundai Research Institutes study concluded with a staggering number.

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