On March 31, Big Hit Entertainment revealed their 2019 report documenting their business performance over the fiscal year.
According to this document, in 2019, Big Hit accumulated 587.2 billion won (approximately $483.3 million) in revenue and 98.7 billion won (approximately $81.2 million) in sales profit. This marks their greatest performance since the establishment of the agency. Compared to 2018, these numbers show a 95 percent and 24 percent increase in revenue and sales, respectively.
To start off 2019, Big Hit sold 3.7 million copies of BTS’s “Map of the Soul: Persona” (according to Gaon Chart’s 2019 records). Later in the year, TXT made their long-anticipated debut, bringing Big Hit’s album sale total to more than 6 million. In July 2019, Big Hit also acquired Source Music, which manages GFRIEND.
Continue reading “[News] Big Hit Entertainment Reveals Profits From 2019 [200331]”
