21 October 2023
By Changwon(Luke) Choi
Hive's founder and chairman, Bang Si-hyuk, came as an invited guest on the live show of "Bloomberg Screen Time" on the 12th in Hollywood, California. He first founded Big Hit Entertainment in 2005, which was later rebranded as HYBE. In the show, Bang said that he had just renewed his contract with BTS for a second time. Bloomberg Screen Time was attended by many executives from the entertainment industry, including Neal Mohan, CEO of YouTube, and Byron Allen, Chairman and CEO of Allen Media Group.
After renewing their contract, Bang claimed that his relationship with BTS had become stronger. Due to the fact that BTS is HYBE's primary source of revenue, this contract renewal was essential.
In addition, Bang said that he is working on a project to mark the 10th anniversary of the publication of BTS's album "Hwayangyeonhwa." 'Hwayangyeonhwa' is an album that became a worldwide sensation by capturing BTS' artistic development and way of life.
All BTS members plan to finish their military service by or before 2025, which is the year of their 10th anniversary of "Hwayangyeonhwa", and then return to continue group activities.
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