BTS has been prepared by HYBE for a backup plan for military enlistment

RoséMay 17, 2022 at 16:58

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HYBE confirmed that the company has prepared a backup plan for BTS members' enlistment.

Recently, the issue of BTS's military enlistment has attracted the attention of the public and global K-pop fans. During a press conference held in Seoul, Korean Culture Minister Hwang Hee suggested that globally recognized male artists, such as BTS, be allowed to replace their mandatory military service with new ones. alternative show amid heated debate over whether the K-pop supergroup should be exempt from military service.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 1

Specifically, Mr. Hwang Hee mentioned the program that allows global award-winning athletes and classical musicians to perform alternative services in their respective fields, rather than serving in the military. serving in the military, in recognition of their role in promoting their country's image abroad.

The Minister of Culture of Korea directly referred to BTS, saying, "I think someone should be a responsible voice at a time when there are conflicting pros and cons to the enlistment of some members. members of BTS". If nothing changes, Jin - the oldest member of the group, will have to enlist in December.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 2

He said the rationale for making the proposal was that forcing globally recognized pop culture artists to pause their peak careers to serve in the military would cause great harm. only for the country but also for the whole world.

"Popular culture artists have no choice but to stop working to join the military service, although the achievements they have contributed to enhance national status are too obvious. This leads to The national loss is so palpable.In circumstances quite different from the past, it may not be fair that pop culture artists are given such an opportunity.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 3

In particular, K-pop has created a breakthrough in popular music. Among them, BTS has generated a production efficiency of 1200 billion won from performances and won many top music awards abroad."

Recently, an analysis was published discussing the competitiveness of entertainment companies during this time. Accordingly, companies must demonstrate growth potential during the pandemic, which is also why entertainment companies are turning to establishing more subsidiaries.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 4

Recently, the stock prices of all major entertainment companies in Korea have witnessed a serious decline, in which the price of oil on the New York Stock Exchange, Bitcoin and international oil all dropped sharply. At the present time, Korean entertainment companies have begun to schedule idol activities abroad, such as large-scale tours starting from the second quarter of the year.

This will also be a significant source of revenue for entertainment companies in the country of kimchi. On the side of HYBE - BTS's management company - announced the first quarter profit. However, this return did not meet the market's expectations, one of which was because the capital was deemed too high.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 5

According to Allkpop's analysis, the uncertainty about BTS's enlistment was also a big part of the reason for the first quarter's revenue. The thing is that BTS is still this company's biggest source of income.

After being asked about this issue, the representative of HYBE confirmed that the company had prepared a backup plan for BTS members' enlistment. This plan is to ensure that the company's revenue is not affected and continues to operate while the 7 boys perform their military service. However, until now, HYBE has kept this plan a secret.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 6

Meanwhile, HYBE is also investing in new g.irl music LE SSERAFIM. This is a group called "BTS's sister" and is expected to become a prominent group of the 4th generation. During BTS' enlistment, LE SSERAFIM will most likely be heavily invested by HYBE. to lead the new generation of K-Pop. However, the audience is still concerned when this group is currently entangled in a scandal when a member is suspected of having a violent past at school.

BTS has been prepared by HYBE for a backup plan for military enlistment - Photo 7

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