How Much Money Does Bts Bring To Korea

Now they reportedly bring in over 36 billion a year. Do Jong Hwan head of South Koreas Ministry of Culture Sports and Tourism told the Segye Ilbo as translated via Allkpop.

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In 2017 Korean super group BTS were the reason for one in every 13 tourists visiting South Korea.

How much money does bts bring to korea. K-Pop band BTS is literally a national treasure for South Korea. Theyre so influential that they reportedly bring about 36 billion to the South Korean economy. According to the Korean entertainment labels full-year audit report last year Big Hits net profit rose 173 from 2016 reaching 245 billion won or around 229 million.

South Korean label Big Hit Entertainment home to acts like BTS and TOMORROW X TOGETHER achieved skyrocketing revenue by bringing. More than anyone else. 15 UPI -- Fans of the seven-member boy band BTS are driving a global surge in the popularity of the Korean Wave and adding 35 billion a year to the South Korean economy according.

As a brand BTS is very valuable. Dec 20 2018 500 am SGT SEOUL South Korean boyband BTS are worth about 41 trillion won S5 billion to the countrys economy every year -. In the end BTSs 465 billion.

They increased South Koreas popularity contributing to a surge in tourism. The South Korean company most comparable to BTSs contribution was Korean Air which earned revenues of 1165 billion 07 percent of GDP - in 2018. Soon after BTS made it to the Billboard ranking in 2017 the companys fortunes sky-rocketed.

BTS is worth over 36 billion a year to South Koreas economy. When PSY was active the economic effect amounted up to about 1 trillion won 12 billion AUD said Do Jong Hwan the minister of the South Korean ministry of culture sports and tourism. When Psy was active the economic effect amounted up to about 1.

That makes the band as valuable to South Koreas economy as multinational giants like Samsung and Hyundai. Of all the jaw-dropping statistics out of South Korea the splashiest is that K-pop sensation BTS is producingalong with hit songsa whopping 465 billion of. BTS accounts for 465 billion of South Koreas GDPand other jaw-dropping stats about the supergroup And that puts them in the same financial neighborhood as.

The band has the power to. BTS x McDonalds will bring BTS meal in at least 50 countries Big Hit Music BTS x McDonalds meal is finally happening and as many as 50 countries will get to have the special BTS meal this May. The uber-popular Korean pop boy band BTS accounts for 465 billion of South Koreas GDP per the Hollywood Reporter.

A new study by Hyundai Research Institute found that the boy band is worth more than 36 billion yearly to. On the variety show Rumor Has It an entertainment reporter by the name of Choi Jeong Ah revealed BTSs jaw-dropping fees. The Grammy-nominated BTS group will have its first meal collaboration with McDonalds which will also feature some of the new flavors and sauces.

The South Korean government agency Ministry of Culture Sports and Tourism has revealed the huge impact that BTS have had on the countrys economy. South Korean boy band BTS are worth more than US36 billion to the countrys economy every year equivalent to the contribution of 26 mid-sized companies. According to the advertisement industry BTS makes between 3 billion to 5 billion won 259 to 431 million per ad.

According to an analysis of 2018 company revenues from Statista BTS makes up3 of South Koreas GDP raking in over 45 billion dollars that.

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