The group’s huge comeback, following the relaxation of pandemic restrictions across the globe, has the boys making big waves once again. The supergroup shows no signs of slowing down and neither does its management, Hybe — formerly Big Hit Entertainment — established by Bang Si-hyuk, the genius behind the group.
His demo CD fell into the hands of Park Jin-young, more famously known as JYP, founder of JYP Entertainment. In a report on ‘The Joong Ang Korea’, Mr Park is quoted in a translation describing Mr Bang’s work: “It’s like sophisticated music, like overseas music.” As BTS grew bigger, so did Big Hit, and the company acquired shares in other major entertainment companies, such as Pledis Entertainment , rapper Zico’s Koz Entertainment and YG Plus, among others.Mr Bang debuted his company in the South Korean stock market in October 2020. As per a Rolling Stone report, the company’s shares opened at around US$235 per share — twice the initial public offering price at US$110, and reached its day-one market cap at US$7.6 billion.