The World Opinion

Tag: Band

  • BTS ‘hiatus’ spurs 28 in line with cent drop in HYBE inventory, corporate says phrase was once mistranslated

    Through IANS

    SEOUL: Korean song corporate HYBE, which represents Okay-pop superband BTS, misplaced $1.7 billion of marketplace price inside the first hour of inventory buying and selling on Wednesday (June 15) following the band’s hiatus announcement.

    On Tuesday, June 14, the seven crew individuals introduced that they’re going on a hiatus — by means of a translator — to pursue solo paintings, which just about instantaneously knocked HYBE stocks in South Korean business down by way of just about 28 in line with cent, experiences ‘Selection’.

    HYBE stocks had fallen by way of almost about 25,000 gained on Wednesday morning and endured to drop during the day, wiping out $1.7 billion of marketplace capitalisation.

    Inside the first hour of buying and selling, the stocks surged fairly from their place to begin of 140,000 gained to 145,500 gained. The corporate is these days headed for its lowest shut because it went public in 2020.

    On the other hand, on Wednesday HYBE launched a observation backpedaling on the usage of the phrase “hiatus.” The crowd had spoken in Korean of their video announcement and the phrase “hiatus” was once utilized in English subtitles. “BTS don’t seem to be taking a hiatus. Participants can be focusing extra on solo tasks presently,” the observation stated.

    ALSO READ | Okay-pop megastars BTS on ‘hiatus’, this is all we all know

    Moreover, BTS’ Jung Kook went live to tell the tale the V Are living app and clarified the misunderstandings additional announcing by means of a translator that the band can be operating on solo tasks, however that does not imply that they are going to forestall operating as a crew. He additionally reiterated that BTS don’t seem to be disbanding — as they insisted all the way through the announcement — simply taking a brand new path in making plans, as they’ll proceed capturing their “Run BTS” internet collection at the V Are living app.

    The explanation got here in a while after Jung Kook dropped a solo unmarried devoted to the gang’s fan ‘Military’ known as ‘My You’, experiences ‘Selection’.

    Within the 9 years since their debut, BTS made up 27 in line with cent of HYBE’s US album gross sales and streams, moreover making up just about all the corporate’s traveling source of revenue. In line with HYBE’s 2021 fourth-quarter profits document, BTS drove a 980.5 in line with cent (yoy) building up in live performance gross sales, incomes the corporate roughly 49.7 billion gained ($42,000,000). The vast majority of the ones profits got here from BTS’ ‘Permission to Dance’ concert events in Los Angeles.

    In 2021, HYBE received Ithaca Holdings from Scooter Braun which expanded the corporate from its BTS-driven income and took up 45 in line with cent of the South Korean corporate’s US album gross sales.

    BTS additionally not too long ago launched their 35-track anthology album ‘Evidence’ (Giant Hit/Geffen) which is now projected to debut with the yr’s second-biggest gross sales of the yr, following Harry Types’ ‘Harry’s Space’.

  • India’s first Ok-pop artist Sriya: Honoured to constitute nation at international platform

    By means of PTI

    BHUBANESHWAR: After months of exhausting coaching and auditions, 18-year-old Sriya Lenka has made historical past by way of turning into the 5th member of the preferred South Korean band Blackswan, a dream come true feeling that the younger artist describes as “precious.”

    Lenka, who hails from the metal town of Rourkela within the Sundargarh district of western Odisha, was once decided on for the band ultimate week along Gabriela Dalcin from Brazil.

    They each will sign up for authentic band individuals Youngheun, Fatou, Judy and Leia. “I by no means imagined that my dream would come true so quickly. It was once so valuable to be decided on as a result of that second modified the process my lifestyles. I think so proud and honoured to constitute my nation on this kind of large international platform,” Lenka informed PTI in a Zoom interview from Seoul.

    Lenka and Dalcin had been decided on for the band after collaborating in a six-month-long international audition procedure, which was once introduced by way of DR Tune ultimate 12 months after band member Hyeme left the lady crew.

    The duo by no means anticipated that they might get to be within the band in combination as there was once just one spot to begin with. “In the beginning, we handiest knew that it was once just one spot, so we had to paintings truly laborious,” Lenka stated.

    She said that it was once laborious to compete with Dalcin as they turned into absolute best pals. “We are living in combination, we consume in combination and we apply in combination. She is like my circle of relatives member as a result of we handiest had every different at the moment. “

    ALSO READ: India’s first Ok-pop artist Sriya Lenka turns into member of the South Korean band Blackswan

    A skilled dancer, Lenka was once presented to Ok-pop by way of a pal a couple of years in the past and located herself getting intrigued by way of the choreography within the tune movies. She was once right away hooked to Ok-pop’s “distinctive taste” of making a song and dancing.

    In 2020, when she noticed Ok-pop document labels open on-line auditions because of the Covid-19 pandemic, she determined to provide it a shot.

    “However I by no means imagined I might make it so large. By no means anticipated that such a lot of celebrities will submit about me, I will change into probably the most searched on Google in 24 hours and get lined by way of such a lot of media organisations,” the younger artist stated.

    Lenka and Dalcin’s coaching began in December in Seoul, however staying clear of family and friends in a distinct tradition was once no longer simple to begin with. So much has modified within the months that adopted.

    She now considers Gimbap, which is product of rice, greens and meat, rolled right into a dried seaweed sheet, amongst her favorite dishes. Lenka could also be struck by way of the Ok-drama fever and counts “Mr Queen”, a time-traveling ancient drama, as considered one of her favorite displays.

    Changing into a Ok-pop member includes lengthy coaching in each and every side and Lenka had to be informed the Korean language, dance, sing, rap and increase sturdy core strengths.

    The singer stated all this would handiest be imaginable on account of the fortify of her circle of relatives and her father, who was once the primary one to show her acrobatics and dance.

    “He all the time used to inform me about my errors. He supported me so much,” she stated, including that she misses her circle of relatives and hopes to fulfill them quickly.”  “My father all the time stated that imagine to your goals and your self as a result of even supposing there are unhealthy instances, excellent instances will come needless to say,” Lenka stated.