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===Groups===
===Groups===
* [[BTS]]
* [[BTS]]
* [[TXT (band)|TXT]]
* [[TXT (band)|TXT]
Enhypen


===Soloists===
===Soloists===

Revision as of 19:29, 31 March 2021

"Big Hit Entertainment" redirects here. For the parent company and formerly branded company, see Hybe Corporation.

Big Hit Music
Native name
빅히트 뮤직
Company typeSubsidiary
IndustryEntertainment
Genre
Founded
February 1, 2005 (as Big Hit Entertainment)
  • March 31, 2021 (as Big Hit Music)
FounderBang Si-hyuk
Headquarters
Yongsan Trade Center, Yongsan, Seoul
,
South Korea
ParentHYBE Corporation
Websitewww.ibighit.com

Big Hit Music (Korean: 빅히트 뮤직; formerly Big Hit Entertainment) is a South Korean entertainment company established in 2005 by Bang Si-hyuk. As of 2021, it manages soloist Lee Hyun, and boy groups BTS and TXT—it was formerly home to soloist Lim Jeong-hee, and groups 8Eight, 2AM, and Glam.

It was later rebranded to Big Hit Music by its parent company HYBE Corporation, formerly Big Hit Entertainment Co., Ltd..[1]

History

2005–2021: Big Hit Entertainment

Big Hit Entertainment was founded on February 1, 2005, and signed the vocal trio 8Eight in 2007. In 2010, the company signed a joint management contract with JYP Entertainment over the boy group 2AM. That year, Bang Si-hyuk signed RM as the first member of BTS and launched nationwide auditions to recruit other members of the group. BTS made their debut under Big Hit on June 13, 2013.

In 2012, the company signed Lim Jeong-hee, and formed the girl group GLAM as a collaboration with Source Music. The group was active until 2014 when it was disbanded due to a controversy involving one its members Kim Da-hee—Kim was sentenced to prison after being found guilty of blackmailing actor Lee Byung-hun.

Following the end of the joint contract between Big Hit and JYP in April 2014, three members of 2AM returned to JYP, while Lee Chang-min remained with Big Hit in order to continue with his solo career and as part of the duo Homme. The year also saw the disbandment of 8Eight after Baek Chan and Joo Hee's contracts with Big Hit ended.

In May 2015, Lim Jeong-hee parted ways with the agency, following the expiration of her three-year contract, and Signal Entertainment Group, a KOSDAQ-listed company specializing in artist management and television production, acquired Big Hit through a KR₩6 billion convertible bond. In early 2016, Big Hit ended their stake relationship with Signal and made a full settlement of the bonds.

In February 2018, Homme disbanded after member Changmin's contract came to an end. He left the company to start his own agency, while Lee Hyun continued on as a solo artist. In October, BTS renewed and extended their contract with the agency for seven more years. Big Hit was voted best investment company of the year at the 2018 Korea VC Awards in December.

Big Hit debuted its second male group, Tomorrow X Together (TXT), in March 2019. Also that month, former CBO Lenzo Yoon was appointed co-CEO with Bang Si-hyuk. Yoon would focus on the business components of the company while Bang's focus would be on creative production.

2021–present: Rebranded to Big Hit Music

On March 10, 2021, several news outlets started to report news of Big Hit Entertainment supposedly changing their name to HYBE Corporation.[2] Later the same day, the company itself announced their intentions to change their name to HYBE Corporation, the statement reads "...comforting and inspiring people around the globe through our music and artist, Big Hit Entertainment continues to make new innovations to the music industry business model. Big Hit strives to become the world's best music-based entertainment lifestyle platform company".

On March 19, 2021, Big Hit Entertainment Co., Ltd. announced they had rebranded the company in order to fit the new image and achieve new horizons added to their existing areas of business. Big Hit Entertainment had grown with time to a multilabel company, operating and serving in different businesses and areas, thus, Bang Si-Hyuk, CEO and co-founder, saw the name Big Hit Entertainment did not fully encompassed the true meaning and purpose of the company.[3] Big Hit Entertainment started working in areas traditionally not covered by entertainment companies, such as 360 business, IP business, and the education sector. Due to this, the name of Big Hit Entertainment did not fit the agency anymore, and they needed a new name.[4]

During the presentation, it was announced that the identity Big Hit would not be lost and a new sub-label would be created. In the same event, they announced Big Hit Music as the official name of this new label making it part of HYBE Corporation and HYBE Labels. This new label is set to work independently from HYBE Corporation in the areas of music music production, artist management and fan communication.[3]

The rebrand went into effect on March 31, 2021.[5]

Artists

Former artists

Discography

Main article: Big Hit Music discography

References

  1. ^ Davis, Rebecca; Frater, Patrick (March 10, 2021). "BTS Backer Big Hit Entertainment to Change Name to HYBE Corporation". variety.com. Variety. Retrieved March 19, 2021.
  2. ^ Turner, Jasmine (March 10, 2021). "BigHit Entertainment Is Reportedly Changing Their Company Name". Koreaboo.
  3. ^ a b Choi, Ji-won (March 19, 2021). "Big Hit Entertainment to change name to Hybe". koreaherald.com. The Korean Herald. Retrieved March 19, 2021.
  4. ^ Kim, Ron (March 19, 2021). "Big Hit Entertainment Officially Introduces New Company Name "HYBE", New Structure, Building, And More". Koreaboo. Retrieved March 19, 2021.
  5. ^ Jung, Min-ha (March 30, 2021). '하이브' 이름 바꾼 빅히트, 투자 전문가 박영호 사외이사 선임 [Big Hit, renamed 'Hybe', appoints investment expert Park Young-ho as outside director]. The Chosun Ilbo (in Korean). Archived from the original on March 31, 2021. Retrieved March 31, 2021.
  6. ^ Kim, Hyun-su (May 11, 2020). "Bang Si-hyuk named chairman of Big Hit". The Korea Herald. Archived from the original on May 11, 2020. Retrieved February 18, 2021.
  7. ^ Herman, Tamar (May 31, 2018). "7 Factors That Helped Propel BTS To No. 1 On The Billboard 200". Forbes. Archived from the original on August 18, 2018. Retrieved March 11, 2019.
  8. ^ Hong, Dam-young (February 4, 2020). "GFriend takes leap with 'Crossroads' under Big Hit Entertainment". The Korea Herald. Archived from the original on February 4, 2020. Retrieved May 25, 2020.
  9. ^ a b Kim, Arin (December 10, 2018). "BTS' team sweeps four awards at 2018 MAMA in Seoul". KPOP Herald. Archived from the original on December 10, 2018. Retrieved February 18, 2021.
  10. ^ "WHO IS SUPREME BOI? GET TO KNOW BTS' PRODUCER AND RAPPER!". Channel Korea. Retrieved November 18, 2020.
  11. ^ Kubrick, Kaitlyn (January 27, 2020). "Is Suga Mixtape Approaching? This Is What We Know". Somag News. Retrieved November 18, 2020.
  12. ^ Kim, Myung-shin (June 7, 2011). "'위탄' 데이비드오, 방시혁의 빅히트로 소속사 확정". Hankyung (in Korean). Retrieved March 21, 2021.{{cite web}}: CS1 maint: url-status (link)
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