All BTS members renew K-pop contracts with Hybe agency, amid ‘hiatus’ to serve in military
- The South Korean band announced a ‘hiatus’ from group activities last year and 2 members are currently undertaking 18 months of military duty
- Since their debut in 2013, BTS have been credited with generating billions of dollars for their country, and boosting its image and soft power
All seven members of K-pop sensation BTS have renewed their contracts with agency HYBE, the company said on Wednesday, with the group currently on “hiatus” as some of them perform South Korea’s mandatory military service.
Since their debut in 2013, BTS have been credited with generating billions of dollars for their country, as well as boosting the image and soft power of South Korea – now a global cultural powerhouse.
The K-pop juggernaut announced a “hiatus” from group activities last year and two members are currently undertaking 18 months of military duty.
Local reports have said the band could reunite around 2025, when all of its seven members will have completed their service in the army.
“Our company has completed the Board of Directors’ resolution to renew the exclusive contracts of seven BTS members,” the band’s agency, HYBE, said in a regulatory filing on Wednesday.
“This fact was judged to be a management matter that could affect the company’s financial status and investor decision-making, and was therefore disclosed,” it added.
