Big Hit Music

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Big Hit Music
Native name
빅히트 뮤직
TypeSubsidiary
IndustryEntertainment
Genre
Founded
February 1, 2005 (as Big Hit Entertainment)
  • July 1, 2021 (as Big Hit Music)
FounderBang Si-hyuk
Headquarters
Yongsan Trade Center, Yongsan, Seoul
,
Key people
  • Shin Young-jae (GM)
  • Lee Da-hye (VP)
[1]
ParentHybe Corporation
Websitewww.ibighit.com

Big Hit Music (Korean빅히트 뮤직; formerly Big Hit Entertainment) is a South Korean entertainment company established in 2005 by Bang Si-hyuk. It was rebranded as Big Hit Music by its parent company Hybe Corporation, formerly Big Hit Entertainment Co. Ltd., in March 2021.[2] Big Hit Music divided from Hybe on July 1, 2021, and, as of that date, the company manages soloist Lee Hyun, and boy groups BTS and Tomorrow X Together. It previously managed soloist Lim Jeong-hee, and groups 8Eight, 2AM, and Glam.

History[edit]

2005–2020: Big Hit Entertainment[edit]

Big Hit Entertainment logo from 2005 to 2021

Big Hit Entertainment was founded on February 1, 2005,[3] and signed the vocal trio 8Eight in 2007.[4] In 2010, the company signed a joint management contract with JYP Entertainment over the boy group 2AM.[5] That year, Bang Si-hyuk signed RM as the first member of BTS and launched nationwide auditions to recruit other members of the group[6]—BTS made their debut under Big Hit on June 13, 2013.[7]

In 2012, the company signed Lim Jeong-hee,[8] and formed the girl group GLAM as a collaboration with Source Music.[9] The group was active until 2014 when it was disbanded due to a controversy involving one of its members, Kim Da-hee—Kim was sentenced to prison after being found guilty of blackmailing actor Lee Byung-hun.[10][11][12]

Following the end of the joint contract between Big Hit and JYP in April 2014, three members of 2AM returned to JYP, while Lee Chang-min remained with Big Hit in order to continue with his solo career and as part of the duo Homme.[5] The year also saw the disbandment of 8Eight after Baek Chan and Joo Hee's contracts with Big Hit ended.[4] In May 2015, Lim Jeong-hee parted ways with the agency, following the expiration of her three-year contract.[8]

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.[13] In October, BTS renewed and extended their contract with the agency for seven more years. Big Hit debuted its second male group, Tomorrow X Together (TXT), in March 2019.[14]

In February 2021, Big Hit announced a partnership with Universal Music Group, which would include a joint venture between Big Hit America and Geffen Records on an Los Angeles-based label and to develop a pop group under a K-pop-influenced model, and UMG exploring further use of Big Hit's social platform Weverse.[15] As a consequence of this partnership, Big Hit reached an agreement in October for BTS to move its distribution in the U.S. and several other countries from Sony Music's Columbia Records and The Orchard to Universal.[16][17][18]

2021–present: As Big Hit Music[edit]

On March 19, 2021, Big Hit Entertainment announced that it had been renamed Hybe Corporation to emphasize its wider array of business units and ventures. With the change, the Big Hit record label was renamed Big Hit Music .[19][20][21]

On April 1, 2021, Hybe announced through a board resolution that it would divide the label business (Big Hit Music) from Hybe to establish new company. Hybe will hold 100% of the stake in new company.[22]

On July 1, 2021, Big Hit Music was divided from Hybe and became a subsidiary of the Hybe.[23]

Philanthropy[edit]

In 2017, Big Hit Entertainment donated ₩30 million to the 4/16 Sewol Families for Truth and A Safer Society, an organization connected to the families of the 2014 Sewol Ferry Disaster.[24] In June 2020, Big Hit, together with BTS, donated $1 million in support of the Black Lives Matter movement, during the George Floyd protests,[25] and another $1 million to Live Nation's Crew Nation campaign to help support live music personnel during the COVID-19 pandemic.[26]

Artists[edit]

Former artists[edit]

Discography[edit]

References[edit]

  1. ^ Lee, Kyung-joon (August 13, 2021). 반기보고서 (제17기) 사업연도 2021년 01월 01일부터 2021년 06월 30일까지 – VIII. 임원 및 직원 등에 관한 사항 [Semi-Annual Report (17th fiscal year) From January 01, 2021 to June 30, 2021 – VIII. Matters concerning executives and employees, etc.] (in Korean). Archived from the original on August 13, 2021. Retrieved August 26, 2021.
  2. ^ Davis, Rebecca; Frater, Patrick (March 10, 2021). "BTS Backer Big Hit Entertainment to Change Name to HYBE Corporation". variety.com. Variety. Archived from the original on April 2, 2021. Retrieved March 19, 2021.
  3. ^ ‘방탄소년단’ 만든 이 남자의 헉소리 나는 히트곡들 ['BTS', the man who made these hit songs]. Kookmin Daily (in Korean). December 6, 2017. Archived from the original on July 21, 2018. Retrieved April 3, 2021 – via Naver.
  4. ^ a b Yoon, Sung-yeol (February 21, 2014). [단독]에이트, 7년만에 잠정적 해체.."각자 음악 활동" [[Exclusive] 8Eight, temporarily disbanded after seven years.."their own music activities"]. Star News (in Korean). Archived from the original on June 22, 2020. Retrieved April 3, 2021 – via Naver.
  5. ^ a b Lee, Min-ji; Danbi Hong, Grace (April 9, 2014). "2AM's Jo Kwon, Im Seulong, and Jung Jin Woon Return to JYP Entertainment". Newsen. Archived from the original on March 12, 2016. Retrieved April 3, 2021 – via Mwave.
  6. ^ 세상의 총알을 막아내는 소년들 그룹 방탄소년단.tra [Group BTS, boys who block the world's bullets] (in Korean). July 22, 2013. Archived from the original on June 6, 2015. Retrieved April 3, 2021.
  7. ^ Danbi Hong, Grace (June 12, 2013). "[Video] BTS Asks about Your Dreams in 'No More Dream' MV". Mwave. Archived from the original on February 5, 2015. Retrieved April 3, 2021.
  8. ^ a b Hwang, Hye-jin (June 12, 2013). "Big Hit Reveals Lim Jeong Hee′s Contract Ended in May". Newsen. Archived from the original on December 30, 2015. Retrieved April 3, 2021 – via Mwave.
  9. ^ Lee, Eun-jeong (January 15, 2015). 이병헌 협박한 가수 소속된 걸그룹 글램 해체 [The girl group Glam, whose singer threatened Lee Byung-hun, was disbanded] (in Korean). Yonhap News. Archived from the original on February 25, 2015. Retrieved April 3, 2021.
  10. ^ 글램, 결국 3년 만에 해체…'이병헌 협박女' 다희-이지연 실형 선고 [Glam, finally disbanded after three years...'Lee Byung-hun blackmailed' Da-hee & Lee Ji-yeon sentenced to imprisonment]. Sports Chosun (in Korean). January 15, 2015. Archived from the original on August 8, 2016. Retrieved April 3, 2021.
  11. ^ 글램 다희, 모델 친구와 음담패설 영상 유포 협박 "세계적 스타라 거액 요구" 이병헌 공식입장은? [Glam's Da-hee threatens to spread video with model friend, "demands large sum of money from world star". What is Lee Byung-hun's official position?]. Sports Chosun (in Korean). September 2, 2014. Archived from the original on August 8, 2016. Retrieved April 3, 2021.
  12. ^ "Lee Byung-hun repeats apology upon returning home". The Korea Herald. February 26, 2015. Archived from the original on April 2, 2015. Retrieved April 3, 2021.
  13. ^ Park, Sohyun (February 1, 2018). [공식입장] 이창민, 빅히트와 전속계약 만료 "1인 기획사 설립" [[Official Statement] Lee Changmin's contract with Bighit Entertainment expires, "will start his own agency"]. Xsports News (in Korean). Archived from the original on February 1, 2018. Retrieved April 3, 2021 – via Naver.
  14. ^ Kelley, Caitlin (February 6, 2019). "BTS's Label Reveals TOMORROW X TOGETHER Will Debut March 4". Forbes. Archived from the original on February 7, 2019. Retrieved April 3, 2021.
  15. ^ Aswad, Jem (February 17, 2021). "Big Hit Entertainment, Home of BTS, and Universal Music Unveil Expanded Partnership, Including New Label". Variety. Archived from the original on February 23, 2021. Retrieved January 25, 2022.
  16. ^ "BTS Leaves Columbia for Universal Music Group in U.S." Variety. October 21, 2021. Archived from the original on October 27, 2021. Retrieved January 25, 2022.
  17. ^ "HYBE and Universal signal start of 'historic joint venture' with global search for new pop girl group". Music Business Worldwide. November 4, 2021. Archived from the original on January 25, 2022. Retrieved January 25, 2022.
  18. ^ "BTS to leave Sony Music's Columbia, confirms HYBE: 'We look forward to our new chapter in partnership with Universal.'". Music Business Worldwide. October 22, 2021. Archived from the original on January 25, 2022. Retrieved January 25, 2022.
  19. ^ Park, Jiwon (March 19, 2021). "BTS' agency changes name to HYBE". Korea Times. Archived from the original on May 14, 2021. Retrieved April 7, 2021.
  20. ^ Choi, Ji-won (March 19, 2021). "Big Hit Entertainment to change name to Hybe". koreaherald.com. The Korean Herald. Archived from the original on March 19, 2021. Retrieved March 19, 2021.
  21. ^ Jung, Min-ha (March 30, 2021). '하이브' 이름 바꾼 빅히트, 투자 전문가 박영호 사외이사 선임 [Big Hit, renamed 'Hybe', appoints investment expert Park Young-ho as outside director]. The Chosun Ilbo (in Korean). Archived from the original on March 31, 2021. Retrieved March 31, 2021.
  22. ^ BTS 소속사 하이브, '빅히트 뮤직' 신설 등 사업구조 개편 [공식] [Hybe, a company of BTS, newly established "Big Hit Music" and other business reorganizations [Official]]. news naver (in Korean). April 1, 2021. Archived from the original on November 29, 2021. Retrieved December 19, 2021.
  23. ^ 주요사항보고서(회사분할결정) [Major Report(decision of company split)]. dart.fss.or.kr (in Korean). April 1, 2021. Archived from the original on November 30, 2021. Retrieved December 19, 2021.
  24. ^ Lee, So-dam (January 21, 2017). [단독]방탄소년단, 세월호 참사 416가족협의회에 1억원 기부 [[Exclusive] BTS donated 100 million won to the 4/16 Sewol Ferry Disaster Family Council]. The Korea Herald (in Korean). Archived from the original on October 12, 2017. Retrieved June 23, 2020 – via Naver.
  25. ^ Benjamin, Jeff (June 6, 2020). "BTS and Big Hit Entertainment Donate $1 Million to Black Lives Matter (EXCLUSIVE)". Variety. Archived from the original on June 6, 2020. Retrieved June 23, 2020.
  26. ^ Aswad, Jem (June 22, 2020). "BTS and Big Hit Entertainment Donate $1 Million to Crew Nation Charity". Variety. Archived from the original on June 22, 2020. Retrieved June 23, 2020.
  27. ^ Kim, Hyun-su (May 11, 2020). "Bang Si-hyuk named chairman of Big Hit". The Korea Herald. Archived from the original on May 11, 2020. Retrieved February 18, 2021.
  28. ^ Chin, Carmen (May 26, 2021). "BTS' RM, Mod Sun and more revealed as contributors on TXT's comeback album". NME. Archived from the original on November 10, 2021. Retrieved November 10, 2021.
  29. ^ a b Kim, Arin (December 10, 2018). "BTS' team sweeps four awards at 2018 MAMA in Seoul". KPOP Herald. Archived from the original on December 10, 2018. Retrieved February 18, 2021.
  30. ^ "10 artists who were almost in BTS". SBS. September 29, 2017. Archived from the original on November 10, 2021. Retrieved November 10, 2021.
  31. ^ Hong, Dam-young (February 11, 2019). "50 facts about Suga of BTS". Kpop Herald. Archived from the original on November 10, 2021. Retrieved November 10, 2021.
  32. ^ Sharma, Prerna (August 18, 2021). "BTS:The Journey Of RM & Message Behind His Mixtapes". Anime-internet. Archived from the original on November 10, 2021. Retrieved November 10, 2021.
  33. ^ Hiatt, Brian (May 14, 2021). "J-Hope on Growing Up in BTS, His Next Mixtape and More". Rolling Stone. Archived from the original on May 14, 2020. Retrieved November 14, 2021.

External links[edit]