Controversy arose when a Korean MBC program denied BTS’s efforts with HYBE.
Recently, MBC and the weekly broadcast show Hang Out With Yoo made Kpop fans unhappy when denying BTS’s efforts with HYBE. Specifically, in the trailer introducing the new episode of Hang Out With Yoo with the participation of the small group SEVENTEEN – BSS, the program captioned: “HYBE’s new building was built thanks to SEVENTEEN” . This description immediately caught the attention of the Army and sparked fierce debate on the platforms.
This caption faced fierce opposition from netizens because it was completely untrue. With HYBE, BTS is the main group, bringing the company from a debt situation to the strong entertainment corporation it is today. BTS’s role with HYBE is considered an irreplaceable “backbone”.
BTS’s global success helped HYBE earn huge profits, thereby acquiring a series of small and medium-sized entertainment companies.
The global success of the 7 “bulletproof boyhood” boys helped HYBE earn huge profits, thereby purchasing a series of small and medium-sized entertainment companies. Including Pledis Entertainment – SEVENTEEN’s management company. The 2020 acquisition brought SEVENTEEN under HYBE, from now on there are more conditions for investment and career development.
SEVENTEEN came under HYBE after the group acquired the parent company Pledis in 2020.
After BTS enlisted, HYBE did everything to “reduce dependence”. But in last year’s financial report, the profits of the 7 “swordfish” boys from released products and a series of projects and solo tours of the members still accounted for the majority. SEVENTEEN is also one of the key artists of 2023 thanks to record sales from 16.2 million albums sold and the Asian Follow tour.
After BTS enlisted, HYBE did everything to “reduce dependence”
Artists’ contributions should be recognized as collective achievements. The fact that MBC captioned the show “HYBE’s new building was built by SEVENTEEN” caused unnecessary controversy. On social networks, the Army is pushing the trend to demand justice for BTS and asking the station to come up with a solution.
In the near future, SEVENTEEN will release the special album 17 Is Right Here on April 29, the unnecessary noise makes fans worried.
Besides, the SEVENTEEN fandom also objected to Hang Out With Yoo’s noisy way of promoting the show. Upcoming, SEVENTEEN will release the special album 17 Is Right Here on April 29. Fans are worried that the noisy incident happening right before the group’s comeback will bring unreasonable negative effects.
More than 30 Guinness records broken
According to Guinness World Records, BTS has set more than 30 Guinness records, most of which come from the group’s digital music achievements.
Some of BTS’s outstanding records include: Most streamed music group on Spotify, Most followed music group on Instagram, Most viewed music video on YouTube in the first 24 hours , Live concert with the most tickets sold (756,000), Longest song on the Billboard Hot 100 by a Kpop group (Dynamite stayed on the Billboard Hot 100 for 32 consecutive weeks)…
In 2021, the song “Butter” alone won 5 records, surpassing the previously considered very good achievement of “Dynamite”. The 7 boys were also confirmed as the Kpop group with the highest income.
Pocket hundreds of large and small prizes
The success of the albums brought BTS to America. BTS broke many records at the American Music Awards (AMAs) in November 2020 as the first Kpop group to perform on American television.
They also became the first Korean group to win the Most Popular Pop Duo/Group award at the AMAs and have continuously won this category for four consecutive years since 2019.
Also during this period, BTS set foot at the Grammy and MTV Video Music Awards, even making history by performing hits on these prestigious stages.
BTS is also the first group from Korea to be named at the Billboard Music Awards. The group received the Top Social Artist award for 5 consecutive years since 2017, and also had the honor of performing at this awards ceremony.
In Korea, BTS’s achievements also prove their dominance. As of 2023, BTS is the best-selling artist in Korean history, with 40 million albums.
In 10 years, they received more than 70 Daesangs (the most important award of a Korean awards ceremony) and hundreds of large and small awards.
Global influence
When the album “Love Yourself: Tear” brought BTS to No. 1 on the Billboard 200, Former Korean President Moon Jae-in issued a statement praising the group’s achievements.
In September 2018, BTS became the first Korean group to speak at a United Nations session. Group leader RM spoke on behalf of the group to the youth, promoting acceptance of diversity in society.
In 2021, BTS made their second visit to the United Nations headquarters in New York as special envoys of the president. The 7 boys had the honor of accompanying the President of Korea to the United Nations General Assembly and gave a speech about overcoming the challenges of the pandemic.
In October of the same year, BTS affirmed their huge influence when attracting 200,000 spectators to attend a concert in Los Angeles (USA).
By 2022, BTS’s continuous efforts in solving social problems have been recognized by the White House (USA). At the invitation of US President Joe Biden, 7 members visited Washington and gave a speech on the issue of racism against Asians.
At the same time, Jungkook was given a historic role when performing at the opening ceremony of the 2022 World Cup, and famous songs of BTS were heard at the breaks of the largest football festival on the planet.
Great contribution to the Korean economy
In 2022, BTS received 42.31% of the votes and won first place in the list of Individuals who make Korea famous.
A report by the Hyundai Research Institute estimates that each year, the BTS brand brings 4,100 billion won (3.51 billion USD) to the Korean economy, helping to enhance the image of Korean products abroad and promote push tourism.
Congressman Seong Il Jong said BTS topping the Billboard chart boosts the Korean economy. He revealed: “Winning an Olympic gold medal has an economic boosting effect of about 259 billion won. Meanwhile, winning first place on Billboard has an economic boosting effect of 600 billion won per second. BTS stood first in 17 weeks so far and the group is bringing national benefits of about 56,000 billion won (about 45.5 billion USD).
According to research by the Korean Ministry of Culture, Sports and Tourism, revenue from the hit song “Dynamite” contributed to providing 7,928 jobs during the COVID-19 pandemic.
In 2022, the group contributes 1.1 billion USD (1.7%) to Korea’s total export turnover of consumer goods. According to HRI, 1.7% is a very large percentage for a music group/artist.
