Tag: TXT

[News] Big Hit Entertainment Reveals Profits From 2019 [200331]

Published on by btsdiary1 Comment

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]” →