Big Hit Entertainment



































































Big Hit Entertainment
Native name
(주) 빅히트 엔터테인먼트

Romanized name
Big hiteu enteoteinmeonteu
Type
Private Company
Industry
Music & Entertainment
Genre
Dance
R&B
Hip-Hop
Founded
February 1, 2005 (2005-02-01)
Founder
Bang Si-hyuk
Headquarters
Seoul Gangnam-gu, 5 30-gil, Hakdong-ro, Floor Yangjin Plaza 5F, South Korea
Services

  • Music production

  • Licensing

  • Record distribution
Revenue

  • Increase US$ 86 million (2017)

[1]
Operating income
Increase US$ 32,9 million (2017)[2]
Owner
Bang Si-hyuk (50.88%)[3]
Netmarble Games (25.71%)[4]
Firm Stick Investments (12%)[5]
Number of employees
83 (2017)[2]
Website
www.ibighit.com

Big Hit Entertainment (Hangul: 빅히트엔터테인먼트), or BigHit, is a South Korean entertainment company established in 2005 by Bang Si-hyuk. It currently manages soloist Lee Hyun and idol group BTS.




Contents






  • 1 History


  • 2 Artists


    • 2.1 Groups


    • 2.2 Soloists


    • 2.3 Actors




  • 3 Former artists


  • 4 Discography


  • 5 References


  • 6 External links





History


Big Hit Entertainment was founded on February 1, 2005,[6] and signed the vocal trio 8Eight, consisting of Lee Hyun, Baek Chan, and Joo Hee, in 2007.


In 2010, Big Hit Entertainment and JYP Entertainment signed a joint management contract over the boy group 2AM.[7] That year, Bang Si-hyuk launched nationwide auditions and signed RM (formerly known as Rap Monster), the first member of BTS, followed by the other members of the group.[8] BTS made their debut under Big Hit in 2013.[9]


In 2012, the company signed Lim Jeong-hee,[10] and the girl group GLAM was formed as a collaboration between Source Music and Big Hit entertainment. The group was active until 2014, when they disbanded due to controversy over one of the members, Kim Da-hee, who was sentenced to prison following accusations of blackmail in relation to actor Lee Byung-hun.[11][12][13]


Following the end of the joint contract between Big Hit and JYP Entertainment in April 2014, three of the 2AM members returned to JYP, while Lee Chang-min stayed with Big Hit in order to continue with his solo career and as part of the duo Homme.[7] The year also saw the disbandment of 8Eight after Baek Chan and Joo Hee's contracts with Big Hit ended.


In May 2015, Signal Entertainment Group (Signal), a KOSDAQ-listed company specializing in artist management and television production, acquired Big Hit through a KR₩6 billion (~ million) convertible bond. Signal also owns Better ENT, the agency founded by actor Song Seung-heon, as well as another record label, Jungle Entertainment.[14]


In May 2015, Lim Jeong-hee parted ways with Big Hit Entertainment, following the expiration of her three-year contract with the agency.[10]


In early 2017, BigHit ended their stake relationship with Signal Entertainment Group. BigHit issued a 6 billion won convertible bond Signal Entertainment Group in 2015. After a year, Signal Entertainment Group made a full settlement of the bonds.[2][15]


In February 2018, Homme disbanded after member Changmin's contract came to an end. He left the company to start his own agency, while Lee Hyun continued on as a solo artist.[16] In October of the same year Big Hit Entertainment announced BTS renewed and extended their contract for seven years.[17]



Artists



Groups


  • BTS


Soloists



  • Lee Hyun

  • RM

  • Agust D

  • J-Hope



Actors


  • Kim Tae-hyung


Former artists




  • K.Will (2006-2007)


  • 2AM (2010–2014, co-managed by JYP Entertainment)


  • 8Eight (2007–2014, co-managed by Source Music)


  • GLAM (2012–2015, co-managed by Source Music)


  • Lim Jeong-hee (2012–2015)


  • Homme (2010-2018)

    • Changmin (2010-2014; 2015-2018)[16]




Discography


Main article: Big Hit Entertainment discography


References





  1. ^ Evans, Mel. "BTS doubles Big Hit Entertainment's profits to $86 million". metro.com. Retrieved 22 March 2018..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ abc "빅히트엔터, 영업이익 100억 돌파…VC '흐뭇'". TheBell (in Korean). Retrieved February 28, 2017.


  3. ^ Choi, Man-soo (March 27, 2018). "양현석 넘은 박진영… BTS 대박에 방시혁 1위". Hankyung (in Korean). Retrieved May 6, 2018.


  4. ^ "Netmarble invests $190 million in K-pop sensation BTS's music label". VentureBeat. April 5, 2018.


  5. ^ 권, 일운 (11 October 2018). "'9000억 육박' 빅히트, YG 시총 넘었다". paxnetdaily (in Korean). Retrieved 15 October 2018.


  6. ^ "Introduction". BigHit Entertainment. Retrieved July 24, 2015.


  7. ^ ab "KPOP NEWS - 2AM's Jo Kwon, Im Seulong, and Jung Jin Woon Return to JYP Entertainment | Mwave". mwave.interest.me. Retrieved June 30, 2016.


  8. ^ "[INTERVIEW] Bangtan Boys". Cuvism Magazine (in Korean). July 22, 2013. Archived from the original on June 6, 2015. Retrieved July 18, 2015.


  9. ^ "KPOP NEWS - [Video] BTS Asks about Your Dreams in 'No More Dream' MV | Mwave". mwave.interest.me. Retrieved June 30, 2016.


  10. ^ ab "KPOP NEWS - Big Hit Reveals Lim Jeong Hee′s Contract Ended in May | Mwave". mwave.interest.me. Retrieved June 30, 2016.


  11. ^ "글램, 결국 3년 만에 해체…'이병헌 협박女' 다희-이지연 실형 선고 : 스포츠조선". sports.chosun.com (in Korean). Retrieved June 30, 2016.


  12. ^ "글램 다희, 모델 친구와 음담패설 영상 유포 협박 "세계적 스타라 거액 요구" 이병헌 공식입장은? : 스포츠조선". sports.chosun.com (in Korean). Retrieved June 30, 2016.


  13. ^ "Lee Byung-hun repeats apology upon returning home". kpopherald.koreaherald.com. Retrieved November 15, 2015.


  14. ^ "씨그널엔터테인먼트그룹 "빅히트엔터 CB 60억 인수" (Signal Entertainment Group acquires Big Hit Ent for 60 billion "through CB")". eDaily (in Korean). Retrieved February 4, 2016.


  15. ^ Signal Entertainment Group to sell entire shares of entertainment firm for 6.2 bln won


  16. ^ ab "[공식입장] 이창민, 빅히트와 전속계약 만료 "1인 기획사 설립"" [Lee Changmin's contract with Bighit Entertainment expires, "will start his own agency"]. Naver (in Korean). February 1, 2018. Retrieved March 8, 2018.


  17. ^ Herman, Tamar (17 October 2018). "BTS Extend Contracts With Big Hit Entertainment Until 2026". Forbes. Retrieved 19 October 2018.




External links


  • Official website









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