Jin of BTS may Postpone his Military Enlistment | BTS Members Now Shareholders of Big Hit Entertainment

K-pop idol group Bangtan Sonyeondan (BTS) agency Big Hit Entertainment announced the possibility of Kim Seok-jin (Jin) postponing his military service until the end of 2021
Kim Seok-jin (Jin) of BTS
 

K-pop idol group Bangtan Sonyeondan (BTS) agency Big Hit Entertainment announced the possibility of Kim Seok-jin (Jin) postponing his military service until the end of 2021.


“BTS consists of members born in 1992 and 1997 who are required to enlist as active soldiers. It is still possible for the oldest member, Kim Seok Jin (Jin) to postpone his mandatory military service until the end of 2021, based on the military service law," they said.

In addition, the agency also revealed plans to increase the revenue ratio through products that do not require direct participation from the artist, such as merchandise and licenses and video content when they suspend their activities due to military service, illness, or other things.

Bang Si-hyuk, Big Hit Entertainment's largest shareholder and CEO of the company gave shares to the seven BTS members, each with 68,385 shares.

If the public offering price is set at the maximum amount requested by Big Hit, which is 135,000, then each BTS member will own shares worth a total of 9.23 billion won or the equivalent of  367 million Philippine peso.

Big Hit Entertainment stated the goal of giving shares to BTS members is to strengthen their long-term working relationship and increase morale by sharing the results of the company's growth.
BTS

Big Hit Entertainment stated the goal of giving shares to BTS members is to strengthen their long-term working relationship and increase morale by sharing the results of the company's growth.

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