Dubai Telegraph - BTS absence hurting global K-pop growth: HYBE chairman

EUR -
AED 4.183233
AFN 72.900796
ALL 91.877285
AMD 414.797448
ANG 2.039348
AOA 1045.665194
ARS 1736.794975
AUD 1.614555
AWG 2.050323
AZN 1.940938
BAM 1.955317
BBD 2.295033
BDT 140.215334
BGN 1.917554
BHD 0.429594
BIF 3432.051477
BMD 1.139068
BND 1.45584
BOB 13.964547
BRL 5.909605
BSD 1.139418
BTN 109.116023
BWP 15.516164
BYN 3.442749
BYR 22325.7403
BZD 2.291733
CAD 1.611725
CDF 2665.420428
CHF 0.943457
CLF 0.027745
CLP 1095.522249
CNY 7.646851
CNH 7.670833
COP 3814.157008
CRC 518.071915
CUC 1.139068
CUP 27.347239
CVE 110.237745
CZK 24.358299
DJF 202.909834
DKK 7.475483
DOP 67.763247
DZD 152.391449
EGP 59.13438
ERN 17.086026
ETB 184.850299
FJD 2.559772
FKP 0.859986
GBP 0.859642
GEL 2.97871
GGP 0.859986
GHS 13.234728
GIP 0.859986
GMD 83.725913
GNF 10021.522331
GTQ 8.701849
GYD 238.411056
HKD 8.934226
HNL 30.583439
HRK 7.533575
HTG 149.123132
HUF 365.202455
IDR 20405.384913
ILS 3.471949
IMP 0.859986
INR 109.142689
IQD 1492.730945
IRR 1565734.922454
ISK 136.984803
JEP 0.859986
JMD 180.27543
JOD 0.807645
JPY 179.158416
KES 147.67349
KGS 99.609484
KHR 4633.85435
KMF 493.217009
KPW 1025.161906
KRW 1543.648431
KWD 0.351563
KYD 0.949565
KZT 504.7852
LAK 25558.681004
LBP 102039.372314
LKR 376.226984
LRD 195.991544
LSL 18.590804
LTL 3.363373
LVL 0.689012
LYD 7.285199
MAD 10.934597
MDL 20.225999
MGA 5030.756222
MKD 61.55978
MMK 2391.810486
MNT 4098.584327
MOP 9.206124
MRU 45.840667
MUR 54.140351
MVR 17.599037
MWK 1975.811511
MXN 20.137822
MYR 4.640683
MZN 72.79829
NAD 18.590804
NGN 1510.837951
NIO 41.929634
NOK 10.830092
NPR 174.585836
NZD 1.992947
OMR 0.439191
PAB 1.139418
PEN 3.868244
PGK 5.076745
PHP 71.01754
PKR 315.746636
PLN 4.37146
PYG 6716.339487
QAR 4.153473
RON 5.27298
RSD 117.420969
RUB 96.076247
RWF 1684.083636
SAR 4.274755
SBD 9.11313
SCR 15.836085
SDG 685.153819
SEK 11.296996
SGD 1.45562
SHP 0.859999
SLE 28.078458
SLL 23885.685201
SOS 651.238991
SRD 42.905863
STD 23576.41575
STN 24.493944
SVC 9.970535
SYP 14810.167401
SZL 18.586405
THB 38.01645
TJS 10.511601
TMT 3.99813
TND 3.373266
TOP 2.742603
TRY 55.748859
TTD 7.750084
TWD 36.141163
TZS 3024.152324
UAH 51.024285
UGX 4462.896617
USD 1.139068
UYU 45.648714
UZS 13485.665874
VES 970.977713
VND 29588.440307
VUV 134.963505
WST 3.127488
XAF 655.957
XAG 0.017716
XAU 0.000265798393
XCD 3.07839
XCG 2.053592
XDR 0.80538
XOF 655.957
XPF 119.331742
YER 269.560946
ZAR 18.57165
ZMK 10252.986409
ZMW 22.227505
ZWL 366.779554
SSP 6507.032816
MXV 2.282055
  • RIO

    0.0900

    94.56

    +0.1%

  • AZN

    2.0200

    166.58

    +1.21%

  • NGG

    0.2600

    75.49

    +0.34%

  • BCC

    1.0400

    77.14

    +1.35%

  • GSK

    -0.4100

    49.24

    -0.83%

  • BCE

    -0.3300

    20.97

    -1.57%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • JRI

    -0.1500

    11.02

    -1.36%

  • CMSD

    -0.0700

    20.3

    -0.34%

  • VOD

    0.1300

    16.62

    +0.78%

  • BTI

    -0.3900

    55.63

    -0.7%

  • RELX

    0.0100

    33.52

    +0.03%

  • RBGPF

    -0.5900

    65.4

    -0.9%

  • BP

    -0.2600

    44.15

    -0.59%

  • RYCEF

    -0.3600

    19.31

    -1.86%

BTS absence hurting global K-pop growth: HYBE chairman
BTS absence hurting global K-pop growth: HYBE chairman / Photo: Jung Yeon-je - AFP/File

BTS absence hurting global K-pop growth: HYBE chairman

Making megastars BTS do their South Korean military service is slowing the global growth of K-pop, the chairman of the septet's agency HYBE said Wednesday.

Text size:

The boyband are widely considered South Korea's biggest-ever cultural phenomenon, selling out stadiums around the world and dominating the charts while raking in billions for the country's economy and building a global legion of fans known as ARMYs.

But all able-bodied men in South Korea must serve at least 18 months in the military and, after a years-long debate about whether BTS deserved an exemption, Jin, the oldest member of the group, enlisted in December.

Bang Si-hyuk, chairman of HYBE and the mastermind behind BTS, said figures -- including global ratings and album sales -- now showed declining demand for K-pop.

"The absence of BTS is the first reason," Bang said.

"I think it's very clear that the fact BTS is not active as a team is playing the biggest role in bringing about this change in numbers," he told a forum in Seoul.

BTS are the most prominent K-pop figures globally, he said, adding: "the market narrows significantly when BTS is taken out."

His comments come days after HYBE suspended a controversial bid to acquire control of rival SM Entertainment, ending a lengthy, high-profile feud over the company's management.

He was accused of a hostile takeover and seeking to monopolise K-pop, but Bang defended his move as a solution to K-pop's slowing growth.

- J-Hope next -

HYBE announced last month that a second BTS member, J-Hope, has "initiated the military enlistment process", with local media reporting he was due to enlist in April.

On Sunday, J-Hope appeared on a late night music talk show on KBS and said goodbye to fans, telling them: "I will be back soon from the military."

Since their debut in 2013, BTS have been credited with generating billions for their country, as well as boosting the image and soft power of South Korea -- now a global cultural powerhouse.

They have been invited to speak at the United Nations, and to meet US President Joe Biden at the White House.

But analysts have questioned what the future holds for the group after all seven members complete their military service.

Some male K-pop stars have struggled to resume their careers after military service in a cut-throat industry where artists are easily replaceable.

"Obviously, I think it's true that enlisting in the military means the continuity of a person's career or their value as a national asset is damaged," said HYBE chairman Bang.

"However, I think it's a completely different matter for an individual to happily accept the duty of the military," he added, saying he was "happy" about the decisions by the BTS members.

Y.El-Kaaby--DT