How Much Money Did Bts Bring To Korea

August 26, 2021 Post a Comment

Korean boy band BTS making it to the No1 position on the Billboard 100 speaks volumes about K-pops calibre. South Korean boy band BTS attend the Seoul Music Awards on January 15 2019 in Seoul South Korea Getty Images.

Bts Handshake And Hug With Prime Minister Of Korea Bts At Korea France Friendship Concert In France Hoa Nhc S T Trai p

BTS then released two concert films that further contributed their cash flow named Burn the Stage 2018 that grossed 20 million worldwide and Love Yourself in Seol 2019 that brought in 10 million.

How much money did bts bring to korea. HRI also stated that one in every thirteen foreign tourists visited South Korea in 2017 thanks to BTS. BTS is worth over 36 billion a year. In 2017 Korean super group BTS were the reason for one in every 13 tourists visiting South Korea.

And their most recent film Love Yourself in Seoul brought in over 10 million during its January 2019 release. Last year The Korea Herald reported that BTS raked in 936 billion won 772 million from ticket sales for their Love Yourself. Do Jong Hwan head of South Koreas Ministry of Culture Sports and Tourism told the Segye Ilbo as translated via Allkpop.

Out of the 1041 million people 76 of the visits in 2017 were influenced by the Korean group. Some 800000 tourists were believed to have chosen South Korea as their destination last year because of BTS -- more than seven percent of the total visitors to the country. BRIDGET BENNETTAFPGetty Images Of all the jaw-dropping statistics out of South Korea the splashiest is that K-pop sensation BTS is producingalong with hit songsa whopping 465 billion.

And the price of the concert was 29000 won 24 USD for members and 39000 won 32 USD for non-members. The South Korean company most comparable to BTSs contribution was Korean Air which earned revenues of 1165 billion 07 percent of GDP - in 2018. When PSY was active the economic effect.

The band has sold millions of albums and is one of the most-watched artists on YouTube. 1 Some call this the BTS Effect highlighting just how much of a contribution to the country BTS make with their remarkable work. More than 1 billion in consumer exports such as clothes cosmetics and foodstuffs were associated with them it.

Now they reportedly bring in over 36 billion a year. BTS accounts for 465 billion of South Koreas GDPand other jaw-dropping stats about the supergroup And that puts them in the same financial neighborhood as. According to BigHit Entertainment the online concert was attended by 756600 fans from 107 different countries including Korea the US England Japan China and more.

The South Korean government agency Ministry of Culture Sports and Tourism has revealed the huge impact that BTS have had on the countrys economy. The Korean Wave or hallyu it includes Korean TV dramas and K-pop sweeping across the world has come as a blessing in disguise for the countrys image and economy especially after the 1997 Asian financial crisis. When Psy was active the economic effect amounted up to about 1.

BTS are a seven-member K-Pop group who have took the world by storm with their music and have gained the South Korean economy 49 billion which is around 56 trillion South Korean won. Meet BTS a seven-member South Korean boy band from Seoul. In the end BTSs 465 billion.

According to HRI 796000 foreigners visit South Korea annually because of BTS promoting the local tourism industry. Researchers estimated that BTS annual production inducement effect which means the economic value added to related industry totals 36 billion annually which is equivalent to. The BTS billions.

K-pop superstars worth more than US36 billion a year to South Koreas economy The floppy-haired songsters were also.

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