BTS Renews Contract With Big Hit Entertainment
BTS will remain under their label Big Hit Entertainment through 2026, it was announced Wednesday (Oct. 17).
The seven members of BTS -- RM, Jimin, Jin, Suga, J-Hope, Jungkook and V -- have renewed their contracts with Big Hit for another seven years, extending the current contracts that are set to expire next year. It will bring the group’s time with the label through 2026, 13 years since their first album, 2 Cool 4 Skool, was released in 2013.
In a statement emailed Wednesday, BTS said, “We respect our mentor, producer [and Big Hit founder] Bang Si-Hyuk who has continued to show us a vision for our future from even before debut and have helped us form our perspective of the world and music. With Big Hit Entertainment’s support, we’ll continue to strive to give our best for fans all around the world.”
“It is our philosophy that we should cater the best to artists who’s achieving an unprecedented global success” Big Hit Entertainment says in a statement. “After the thorough discussion with seven members of BTS, we decided to renew the contract before the world tour to ensure more stable, long-term activities.”
Big Hit also plans to create a dedicated team to provide support and investment in BTS and their career.
Shortly after the news was announced, the excitement from BTS' ARMY fandom landed the hashtag "7MoreYearsOfBTS" atop Twitter's Worldwide trends list.
The news comes amid a historic year, with BTS rapidly becoming recognized around the globe for their impact as one of this generation’s most prominent musical acts. Along with speaking at the United Nations and landing on the cover of Time magazine’s global edition as “Next Generation Leaders,” the group has broken multiple records and sold out shows throughout the globe while spreading a message of self-love and self-actualization.
BTS is currently in Europe as part of their Love Yourself world tour and recently made history Stateside with a sold-out show at Citi Field on Oct. 6, the first-ever Korean act to hold a solo stadium-sized concert in the country. This year has seen the group top the Billboard 200 twice, first with May's Love Yourself: Tear and then again with August's Love Yourself: Answer.