“Revenues from @BTS_twt activities account for just half our total revenues...We will help them grow as iconic artists, such as Rolling Stones or Metallica, who make 💵 from performing just once every couple of years.” -Han Park, Big Hit’s Investment & Strategy Head. #BTSResearch
"Big Hit has been building a business model to maximize profits even without its artists’ activities...The indirect participation events made up almost half of Big Hit’s revenue in the 1st quarter of this year, up from 31% in 2018."
@BTS_twt #BTSResearch
[During Enlistment]
"Big Hit believes it can generate a steady stream of revenue from BTS in many ways: through solo & smaller group performances; indirect participation through online concerts, mobile games & video content; as well as merchandise sales."
@BTS_twt #BTSResearch
"Big Hit’s online fan club platform, Weverse, has become a new source of revenue growth, accounting for 38% of total revenue in the first quarter, up from 4% in 2018."
@BTS_twt #BTSResearch
#BTSARMY
If you are interested in Big Hit's IPO & business in general, then this may be an article you may want to read!
@BTS_twt #BTSResearch
koreaninvestors.com/?p=13093
Please note that translations may not be 100% accurate. So please read it cautiously. Nevertheless, its still a good read for those of you who are currently researching about Big Hit's company.
Here is the Korean version for those of you who are interested.
@BTS_twt #BTSResearch
hankyung.com/finance/articl…
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