On this morning (March 31, 2020), Big Hit officially announced their entire financial status in 2019. It can be seen th...
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On this morning (March 31, 2020), Big Hit officially announced their entire financial status in 2019. It can be seen that this is a big successful year of Big Hit when BTS achieved results beyond expectation, both domestically and internationally. Continuing to create a huge concert sales milestone, the highest album sales in history and many records that no other K-Pop group has achieved. Besides BTS, TXT also successfully debuted with positive album sales, sweeping the year-end rookie awards, bringing new victories to Big Hit.
Specifically, Big Hit Entertainment published an audit report in 2019 revealing that in the tax year 2019, the company recorded a total sales profit of 481 million USD as well as operating profit of 80.9 million USD. Compared to 2018, Big Hit's sales profit increased 95% and its operating profit increased 24%. Moreover, Big Hit recorded more than 6 million album sales with the release of BTS and TXT albums. North America is the market that brings the biggest profit for Big Hit, one of the outstanding activities that bring about huge sales is the monumental series of BTS concerts.
Big Hit also started the extremely successful 2020 with BTS's fourth full studio album - 'Map Of The Soul: 7' with the title song 'ON'. To date, 'Map Of The Soul: 7' has sold more than 5 million copies in just one month of release. BTS was supposed to continue breaking the sales record with a new series of concert called 'Map Of The Soul Tour' but because of the COVID-19 outbreak, the boys had to postpone the concert. Despite being limited due to the pandemic, BTS has also achieved a lot of historical achievements at this comeback, promising 2020 to be the peak year of BTS in particular and Big Hit in general.
