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Do Bts Own Shares In Hybe. Hybe announced their plans to launch a business based on their own original stories, which will be a new type of intellectual property (ip) owned by the. Ithaca holdings, founded by scooter braun, is a media and entertainment investment company.
HYBE Shares Details On Webtoons And Web Novels Starring from btsandarmy.com
As such, the group will be in possession of about 35.5% of the label, and 6.7% of the total 7,130,000 shares. Each of bts’s members have received 68,385 big hit entertainment shares that will be priced up to 135,000 won ($113 usd) when the agency’s initial public offering (ipo) happens later this year. Members jungkook, suga, v and jimin did not sell shares, so they still own 68,385 hybe shares.
HYBE Shares Details On Webtoons And Web Novels Starring
The hybe will own all shares of big hit america (approximately 1.51 billion usd) and will merge with ithaca holdings. In october 2018, private investment firm stic investments received a reported 12% share of big hit entertainment, an investment of roughly 104b krw (~93m usd). It was reported back in 2020 that bts were made part shareholders of big hit entertainment (now expanded into hybe labels) as the company went public, giving each member 68,385 shares of the entertainment giant. This amounts to, at minimum, $7.7 million for each member, nearly doubling their reported net worth of $8 million for 2019.
