The popular South Korean music group BTS announced that they were leaving with an announcement they made yesterday and that they will continue their separate projects. After this news, which shocked the fans of the group, a new statement came from BTS’s music company today.
Music companies HYBE stated in their statements that the ‘break’ in the group’s discourse was misunderstood and that the group would not disband. It was stated that due to the group speaking Korean, the subtitle was mistranslated.
HYBE music company’s shares lost approximately $1.7 billion in value in 1 day
The main reason for the company’s new statements after the statements made by BTS is the decrease in share values. shown. As a matter of fact, HYBE experienced a 28% drop in its shares despite BTS’s announcements for a short time, which meant they lost approximately $1.7 billion.
The summary of the statement made by HYBE after these losses was that the words of BTS group members were misunderstood. The company stated that there is no such thing as the dissolution of the group, they will only focus on their own projects for a while. After this statement, which relieved the fans of the group, it was stated that the individual works of the group members also won girls.
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