BIG HIT BOASTS
BIG PROFITS

Big Hit Entertainment, guided by CEOs Bang Si-hyuk (pictured) and Lenzo Yoon, has disclosed its 2019 financial results from a recent audit report. The global giant generated $508m in revenue and $85.4m in operating profit, an increase of 95% and 24%, respectively.

This marks Big Hit's best performance since its establishment.

In 2019, Big Hit earned a total record of 6m in album sales, anchored by 3.72m from BTS' Map of the Soul : Persona (based on Official Gaon Charts).

A prepared statement from a Big Hit spokesperson reads: “Big Hit pushed for optimizing its corporate structure in 2019 by transitioning into a multi-label system, while simultaneously sustaining explosive revenue expansion and high growth rate. BTS is making unprecedented achievements as Korean artists, and both TOMORROW X TOGETHER and GFRIEND are continuing their growth. Big Hit has also secured an impressive pipeline of trainees; such an expansion of artist IP in conjunction with various business models that are expanding through the company’s corporate enterprise of specialized business entities led Big Hit to expect even further growth.”