Big Hit Entertainment made a fantastic amount of money in 2017.
It's not a secret anymore that Big Hit has played a huge role in K-pop industry. Not only domestic, the agency has been also busy promoting their artists internationally through music releases, concerts, fan events, and more.
According to reports on March 22nd, Big Hit Entertainment has made a total of KRW 32.5 billion(approximately USD 30,430) in profit. This comes from their revenue, which reached KRW 92.4 billion (approximately USD 86,510). Compared to 2016, the profit has been doubled, and the revenue increased by 62%.
Image Source: People
One source of the agency told, "2017 is a successful year for BTS. It has been the greatest achievement we have ever had since 2005. We don't think solely on the revenue and profit, but this achievement is indeed inspiriting."