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Posted by jennywill Monday, September 10, 2018

Big Hit Entertainment valued at 2.5 trillion KRW

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Big Hit Entertainment is valued at over 2.5 trillion KRW (approximately 2.2 billion USD). 

Hana Financial Investment reported that Big Hit's sales and pure profits were expected to be 230 billion KRW (200 million USD) and 83 billion KRW (73 million USD) respectively. Their album sales (mostly BTS) had increased from 2.7 million last year to already 4.5 million this year up to August.

SEE ALSO: Big Hit Music reshapes leadership with Shin Seon Jung as CEO


HFI also predicted that all the world tour sales, including those in Japan from last year, would reach over 7 billion KRW. Then advertisement fees would have to be added, and the final value added up to over 1.8-2.5 trillion KRW (1.6-2.2 billion USD).
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