Sep 20, 2023

September 20, 2023 All members of the global group BTS have renewed their contracts with their current agency, Big Hit Music. As a result, the members will continue working as a team even after completing their military service. Hive announced on the 20th that Big Hit Music passed a board resolution to sign exclusive contracts with BTS members RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook. Based on this board resolution, Big Hit Music plans to conclude contracts individually and sequentially, taking into account the military service status of some members. It is known that all members have a clear intention to renew their contracts, and only procedural matters remain. BTS debuted in 2013 under Big Hit Entertainment, the predecessor of Hive. The contract was renewed in October 2018, before the 7-year exclusive contract period expired. In 2025, when the second exclusive contract expires, some members, including Jin and J-Hope, who are currently serving in the military, as well as Suga, who will begin his military service on the 22nd, will complete their military service. Hive and its members hope to resume full activities in 2025. Hive said, “With the renewal of the contract, we will be able to participate in BTS’ full activities, which we hope to do in 2025. Hive and Big Hit Music will do everything possible to support BTS so that its status can be further strengthened.” said. Big Hit Music decided to donate 1 billion won to the Korean Committee for UNICEF as a token of gratitude to BTS and its fandom ARMY. This is through the ‘LOVE MYSELF’ campaign launched with BTS in November 2017. BTS, which celebrates its 10th debut anniversary this year, is a representative K-pop group. They appeared in the music industry with the concept of ‘hip-hop idols’ and have been writing a new history of Korean pop culture, starting in 2018 by becoming the first K-pop singer to top the Billboard main album chart ‘Billboard 200’. They also set a record of performing at all three major American music award ceremonies, including the Grammy Awards, American Music Awards, and Billboard Music Awards. She won the grand prize, the ‘Artist of the Year Award’ at the ‘2021 American Music Awards’. She also exerted a positive influence through speeches at the United Nations and the Love Yourself Campaign. Since last year, we have entered the second act (Chapter 2) of activities that combine group and individual activities. Albums and music tracks released through individual activities also showed off their presence by dominating global charts.