RUMOR MILL
Back to Rumor Mill >
Wednesday, January 27, 2021

BIG HIT'S BIG SPEND

Big Hit Entertainment, the entity behind BTS, is pumping $63m into an effort to improve distribution.

The company, whose strength is in intellectual property and platforms, will have an 18% stake in YG Plus, the music-distribution and merchandising arm of YG Entertainment, home to Blackpink, Treasure and AKMU.

Since going public in October, Big Hit’s market cap has risen to nearly $6.7b—up from $4.4b. Its stock price is currently trading at $187.49 a share, having vaulted from $141.86 two weeks ago.

TAGS: Big Hit | YG
BIG HIT'S IPO GENERATES  A BIG PAYDAY
BTS: HOW BIG  WILL IT BE?
< PREVIOUS STORY
BACK TO RUMOR MILL
 
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/25a)
Check It Out Now
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/25a)
Check It Out Now
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/25a)
Check It Out Now
THE ODDS ON TUCKER WETMORE
Who's gonna get him? (4/25a)
Check It Out Now
GONE COUNTRY: HOUSE LIPMAN INVESTS IN WESTERN WEAR
The full Monte (4/25a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions