The world’s hottest boy band are heading for a reunion: Ok-pop megastars RM and V from BTS might be launched Tuesday from 18 months of South Korean army service, prompting a fan frenzy.
The seven members of BTS, South Korea’s most profitable musical act, have been on a self-described “hiatus” since 2022 whereas they individually undertake the necessary service, required of all South Korean males beneath 30 resulting from tensions with the nuclear-armed North.
The two band members who enlisted first had been launched final 12 months, and this week 4 extra will comply with, plus the final member — SUGA who has been working as a social service agent as different non-active responsibility service — later this month.
Band chief RM — not too long ago named “Favorite K-pop Artist” on the American Music Awards — might be launched Tuesday, alongside singer V.
Outside the army base in Chuncheon the place V might be launched, followers hung vibrant banners to welcome the 29-year-old again to civilian life.
“Taehyung, let’s never be apart again,” one stated, referring to V’s actual title, Kim Tae-hyung. “I’ll follow only you, Taehyung. We are each other’s strength,” stated one other, in accordance with footage on native media.
HYBE, the band’s company, urged followers to not go to the discharge location on website, citing security issues.
“With the safety of both artists and fans in mind, we strongly urge fans not to go to the location in person,” the company wrote on Weverse, its superfan platform.
– Reunion tour? –
All the band members signed new contracts with HYBE in 2023, and as soon as SUGA is launched June 21, analysts count on reunion actions.
This will work positively for the Ok-pop business as an entire — and particularly for HYBE.
“In the case of HYBE share prices, the current market consensus is seen as not fully reflecting BTS’s impact,” Lim Soo-jin, an analyst at Daishin Securities, advised AFP.
Despite an ongoing police investigation into the corporate chairman for suspected insider buying and selling and a latest raid by authorities, analysts say HYBE’s shares are anticipated to stay secure.
“We see there’s a high possibility of an upward revision in earnings forecasts, which could in turn drive the stock price higher,” Lim stated.
HYBE’s shares have seen a pointy enhance, rising by 10 p.c over the previous week by way of June 9.
Prior to starting their necessary army service, the mega boy band generated greater than 5.5 trillion gained ($4 billion) in yearly financial impression, in accordance with the Korea Culture and Tourism Institute.
That accounts for roughly 0.2 p.c of South Korea’s whole GDP, in accordance with official information.
HYBE has hinted at a BTS comeback this 12 months, however has additionally stated the members “need time for reflection and preparation”.
“Normally, the process goes from song production to album release, then a tour,” Lee Jae-sang, CEO of HYBE, advised a shareholders’ assembly in March.
“But since BTS have already become global top-tier artists, we are continuing discussions about their vision and what’s next,” Lee added.
Outside HYBE headquarters in Seoul, banners from followers learn, “Thank you for making even the waiting feel joyful.”
The constructing was wrapped with the slogan “WE ARE BACK,” the official emblem for the upcoming BTS FESTA — an occasion which marks the anniversary of the group’s debut.
The annual occasion, set to happen on Friday, marks the group’s twelfth anniversary and is anticipated to attract tens of hundreds of followers from world wide.
Source: www.anews.com.tr