According to Monday reports from the music industry, the seven members of the Korean pop group BTS have renewed their contracts with their management company BigHit Music for a second time.
It has been reported that all seven members of the group have recently signed new contracts with the agency: RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook.
Hybe, BigHit’s parent company, revealed in a regulatory filing on Wednesday that its board had authorized a plan to renew contracts with the group, prompting today’s signing.
Take a look at below post:
All members of BTS have renewed their contracts with HYBE & Big Hit Music. pic.twitter.com/04jIK85Us2
— Kpop Charts (@kchartsmaster) September 20, 2023
According to analysts, the renewal of contracts went over without a hitch, removing the main “risk” factor or ambiguity for Hybe and making it possible for BTS to reunite as a group in 2025 following members’ mandatory military service.
all seven members of bts have renewed their contracts two years before the expiration APOBANGPOpic.twitter.com/VBKYr5RXhy
— tani⁷ (@vantemims) September 20, 2023
In 2013, BTS made their debut under Big Hit Entertainment, the forerunner to Hybe. In October of 2018, the participants re-upped for the first time.
All members of BTS renewed their contracts…The best time in twenty years.
#BangSihyuk: ‘All BTS members renewed contracts…The happiest moment in 20 years’https://t.co/LRwYM6l0BU
— allkpop (@allkpop) November 1, 2023
You can also consider some more information about BTS members:
- BTS Member Jungkook to Drop Mini Album by November 2023.
- BTS Jungkook’s ‘Seven’ Releases: Everything You Need to Know About the K-Pop Star’s Solo Debut
As a group, BTS currently has a total of six number-one songs and albums on the U.S. Billboard Hot 100 and Billboard 200 charts, making them the first K-pop act to accomplish this feat.