Announcing BTS’s long break is bad for fans and investors

Announcing BTS’s long break is bad for fans and investors

South Korean boy group BTS has announced that they will be on hiatus for a long time. Fans around the world were shocked. But investors are also not happy with the news. The share price of Hybe, the record company behind the band, is down more than a quarter.

The group announced its temporary farewell via a video clip on Youtube† Band member RM, who has written several songs, said they need time to themselves: “We always have to compose music and keep doing other things. I didn’t get time because I’m older.”

The seven band members will be working on their solo careers for the foreseeable future. Jung Kook, another member of the group, clarifies that the break does not mean the end of BTS: “We promise we will come back one day, stronger than now.”

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This announcement came exactly nine years after the band’s debut. Back then, the group went through blows like dynamite In collaboration with Coldplay worldwide It has become a global phenomenon. Their fans are very active on the Internet. BTS is the music group that has the most followers on Instagram, Twitter, and TikTok. Music video to hit them butter Watched over 100 million times on YouTube in 24 hours: a world record.

Watch the Dynamite video below:

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