SEOUL — The recent news that K-pop sensation BTS had become the first South Korean act to top the Billboard Hot 100 chart with its new single created economic ripple effects worth aroundThe amount is based on an analysis of data from multiple sources, including sales data for BTS’ agency, Big Hit Entertainment, as well as trade statistics from the Korea Customs Service and search statistics from Google Trend.
Culture Minister Park Yang-woo lauded the success of the concert during a roundtable meeting with leaders of local entertainment powerhouses, singling it out along with another coronavirus-era success story — S.M. Entertainment’s “Beyond Live” in April. That concert, which featured SuperM, was viewed by more than 75,000 people in 109 countries.
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