Is Big Hit richer than the Big 3?

Is Big Hit richer than the Big 3?

According to 2020 reports, Big Hit is valued nearly at 6 trillion won ($5.36B) which is even more than the total sum of the Big 3. After going public in the Korean stock exchange, their value nearly doubled as a report suggested that the company's net worth is at a projected $8.38B.

What are the Big 3 in Kpop?

During the last two decades, the K-pop entertainment market was dominated by the “Big 3” K-pop entertainment agencies: SM Entertainment, YG Entertainment, and JYP Entertainment. SM Entertainment has traditionally taken the lead in size, number of artists, and revenue.

Is Big Hit bigger than YG?

Despite having the biggest act in K-pop, BTS, Big Hit has long trailed K-pop leader SM Entertainment, home to NCT 127 and EXO. But Big Hit led YG Entertainment, home to girl group BLACKPINK, in 2019 revenue with 587 billion won ($530 million) versus YG's 265 billion won ($239 million), according to Statista.

Is YG in the Big 3?

YG Entertainment has officially lost their 'Big 3' status. According to a report by Sports Seoul on the 27th, the new 'Big 4' as evident by market capitalization is now composed of: SM, JYP, CJENM, and Big Hit.

Which is the richest K-pop company in 2020?

Now worth an estimated $2.7 billion, Bang heads the country's most valuable entertainment agency (which recently changed its name to Hybe), easily trumping local incumbents JYP, SM and YG, previously known as the Big Three.

Where does BigHit rank in the Big 3?

• However, BigHit has dethroned of these companies and has taken their seat in the Big 3. BigHit has ranked above JYP Entertainment, leading BigHit to be ranked 3rd and JYP Entertainment ranked 4th. The top 4 ranking is as follows: SM Entertainment – 605 Billion Won (approx. $532 Million) YG Entertainment – 284 Billion Won (approx. $248 Million)

Who are the Big 3 in the entertainment industry?

• The “Big 3” are known to be SM Entertainment, YG Entertainment, and JYP Entertainment. However, BigHit has dethroned of these companies and has taken their seat in the Big 3. BigHit has ranked above JYP Entertainment, leading BigHit to be ranked 3rd and JYP Entertainment ranked 4th.

Who are the Big 3 in South Korea?

• 1 SM Entertainment – 605 Billion Won (approx. $532 Million) 2 YG Entertainment – 284 Billion Won (approx. $248 Million) 3 BigHit Entertainment – 224 Billion Won (approx. $196 Million) 4 JYP Entertainment – 125 Billion Won (approx. $109 Million)

Where does BigHit Entertainment get their money from?

• Both SM Entertainment and BigHit Entertainment’s revenue doubled in comparison to their 2017 revenue. BigHit Entertainment’s revenue mostly comes from BTS’ success and with the debut of their newest boy group TXT, it is expected that their revenue will continue to rise.