BTS received great news amid disbandment rumors

RoséJun 18, 2022 at 16:22

 4  |  0 Discuss  |  Report

Follow on

Not only having a remarkable achievement with physical sales, BTS's new album also swept all charts on music platforms. With this latest achievement, 7 Korean boys currently own 4 albums with the highest first-week sales in Hanteo history, including " Map of the soul: 7", " Proof", "BE". and "Map of the Soul: Persona".

Recently, BTS released a new album called "Proof" marking the 9-year journey as a K-Pop artist. Immediately after its release, the album "stormed" all over the world, setting many records on music platforms. Notably, this is the album with the highest first-week sales in 2022.

The album "Proof" collected 222.4 million streams in its first week of release, breaking the record for most debut album by a Korean artist in 2022 and Spotify's history. The previous record was set by their own 2020 album, "BE".

BTS received great news amid disbandment rumors - Photo 1

"Proof" also became the first album by an Asian group and artist to surpass 200 million streams in its first week, with BTS doing so in just six days.

Additionally, BTS simultaneously ranked 9 of their albums, the most of any artist on Spotify's "Global Top Albums" chart this week, with "Proof" taking the top spot at No. 2 (June 10-16).

BTS received great news amid disbandment rumors - Photo 2

According to Hanteo's statistics, "Proof" sold a total of 2,752,496 copies in its first week of release, marking the album with the highest number of first-week sales this year. This is also the 2nd album in terms of first week sales in Hanteo history. Holding the record for album sales is also BTS, which is the album "Map of the Soul: 7" in 2020. This album sold a record number of 3,378,633 copies in the first week alone.

With this latest achievement, 7 Korean boys currently own 4 albums with the highest first-week sales in Hanteo history, including "Map of the soul: 7", "Proof", "BE". and "Map of the Soul: Persona".

BTS received great news amid disbandment rumors - Photo 3

On June 15, the famous Korean group BTS announced to suspend activities for the members to pursue individual careers. Immediately, the stock price of the management company Hybe plummeted from 192,500 won at the close of June 14 to the bottom of 139,000 won, losing nearly 28% of the market price. This is the all-time low for Hybe stock since the entertainment company was listed in October 2020.

In the session of June 16, this stock continued to decrease around the 140,000 won mark, then increased slightly but closed at 147,500 won per unit. Accumulating the past two days, Hybe's market capitalization was swept away by more than 1.5 billion USD.

BTS received great news amid disbandment rumors - Photo 4

The announcement of the shutdown was announced through a video on the official YouTube account of the BTS group. 7 members and Hybe confirmed that the group will not disband, but only focus on each person's individual activities.

"This will be a time to develop for each member through different activities, thereby nurturing the group's long-term vision," a representative of Hybe said.

Right after announcing the cessation of group activities, many members of BTS revealed their solo plans. This also proves that BTS has been preparing silently for a long time for the group separation, this is just the time they chose to announce.

BTS received great news amid disbandment rumors - Photo 5

Korean media reported that 3 BTS members including j-hope, V and Jungkook are actively preparing for the final stages of individual activities.

j-hope will be the first member of BTS to launch his solo project. Around mid-July, the male idol will release his first album instead of mixtape like before.

Recently on the show "Radio Star", famous lyricist Kim Eana shared about collaborating with member V on his solo album. She said it was V who asked her to collaborate with male singer Park Hyo Shin, and actively sent her some pre-recorded recordings.

BTS received great news amid disbandment rumors - Photo 6

Besides, the youngest Jungkook has also revealed his own solo activities. Most recently, the male idol will have a collaboration with Charlie Puth on the singer's new single "We don't talk anymore" at the end of this June.

Despite the affirmation that BTS is not disbanding, securities companies still lower the target price of Hybe stock significantly. Hana Financial Investment - one of the leading securities companies in Korea, has lowered the target price of this stock by 16%, to only 360,000 won (from 430,000 won). This unit believes that Hybe's third-quarter earnings decline is inevitable.

BTS received great news amid disbandment rumors - Photo 7

Lee Ki Hoon, an analyst at Hana Financial Investment, pointed out, "The members said this is not a disbandment, but investors need to carefully take into account BTS's gap in Hybe's profit estimate. in 2023".

BTS received great news amid disbandment rumors - Photo 8

Did you LIKE this article?
Yes
No

Related topics

V (BTS) received great news, reaching an international level that is hard to match

Jennie16:10:11 18/08/2022
Since the number of Instagram followers of the sisters Jenner and Selena Gomez ranges from 254 million to 361 million, while V has only 49.7 million followers, it can be said that the male idol's influence on the platform can be said. This social networking platform is extremely...

 4  |  0 Discuss  |  

BTS will hold a free concert, location revealed

Jennie15:41:34 06/08/2022
Fans are trying to figure out if this means that BTS won't be charging any fees for the show, or that the audience will still have to buy tickets, or is the whole deal free. there. BTS was recently appointed as ambassadors for World Expo 2030 Busan and it was announced that the...

 5  |  0 Discuss  |  

V (BTS) received great news, being the only Asian artist to do this

Rosé16:57:09 15/07/2022
Kpop is growing and increasing its influence on a global scale. Kpop fans are present everywhere in the world, not only Korea or Asian countries. The extraordinary success of today's popular Kpop groups such as BTS, BLACKPINK, EXO, Red Velvet, or legendary 2nd generation groups...

 2  |  0 Discuss  |  

BTS has a member who wants to leave the group, how will they handle it?

Rosé07:54:03 06/07/2022
So far, the media has never seen any internal conflict in BTS. However, in a sharing session about possible events such as: A member left the group, BTS disbanded... the members had candid thoughts. BTS's announcement last month to suspend group activities hurt the stock of...

 3  |  0 Discuss  |  

Jimin (BTS) is actually a transgender g.irl, injecting too much male hormone makes her hands shrink?

Rosé10:53:37 04/07/2022
In fact, Jimin is considered a huge influence on KPop, especially with young rookies. Members of newly debuted groups see Jimin as an admirable figure and want to emulate. The BTS member is also often praised for his talent. Rumors in the K-pop entertainment industry are...

 2  |  0 Discuss  |  

BTS suspending activities is opposed by the President of the Korea Singers Association

Rosé11:44:36 23/06/2022
The group's suspension revelations reflect the "factory system" of K-pop entertainment companies. As leader RM confesses, K-pop is not a genre of music but a by-product of a complex and harsh production system. BTS wants to rest and the group members want to spend time...

 1  |  0 Discuss  |  

BTS's temporary disbandment is a big s.hock

Rosé10:32:49 21/06/2022
The announcement shocked fans. After that, BTS' management company Big Hit Music had to correct it to appease public opinion. The company confirmed that BTS is not disbanding but only focusing on individual activities in the near future. On June 14, in the BTS Festa Dinner video...

 4  |  0 Discuss  |  

Jimin (BTS) officially apologized for the insurance scandal right after returning from the US

Rosé16:26:36 03/06/2022
After returning to Korea to continue preparing for the release of a new album, member Jimin posted an article on the fan community platform, personally apologizing for the controversial health insurance controversy in April. . On May 31, seven BTS members had a conversation with...

 5  |  0 Discuss  |  

BTS showed off their superb visuals at the White House, and taught US President Joe Biden to "shoot hearts"

Rosé08:19:59 02/06/2022
Crowds of fans gathered around the White House fence. The White House live stream, which usually doesn't receive large audiences, drew more than 230,000 viewers before the event began. On May 31 local time, BTS met with President Biden in honor of AANHPI (Asian American and...

 5  |  0 Discuss  |  

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

Rosé16:58:40 17/05/2022
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...

 2  |  0 Discuss  |  

Can BTS be investigated for suspected f.raud, immediately cornering NewJeans into the dead?

Hoàng Phúc16:50:57 07/06/2024
The civil war between HYBE and ADOR subsidiary CEO Min Hee Jin has become a h.ot topic of the K-pop industry that many people are interested in. BTS and NewJeasn are the 2 groups affected.

 2  |  1 Discuss  |  

NewJeans used tricks to win against Aespa, accused of plagiarizing BTS?

Thảo Mai07:43:59 18/05/2024
During the hearing of the legal dispute between HYBE Labels group and CEO Min Hee Jin of its subsidiary ADOR, the mother of NewJeans revealed that BTS's sister was asked to use tricks to win against aespa.

 4  |  1 Discuss  |  

I am fortunec.razy dadshe dreamsPhuong Oanh gives birth to twinsroyal kimchiHoang Loilike loanQuoc Cuong Gia Laitalk collection pagedollar strengthbrad pitt.angelina jolie