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BTS to Become Multimillionaire Shareholders With Label's IPO

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The band’s first all-English language single «Dynamite» recently topped the US Billboard music chart. The song’s video on YouTube has already had more than 284 million…
Members of popular South Korean K-Pop band BTS will become multimillionaire shareholders after receiving shares in their label, Big Hit Entertainment, as it prepares an initial public offering (IPO) that could raise up to 962.6 billion won ($811 million), according to Reuters. Last month, Big Hit CEO and largest shareholder Bang Si-hyuk gave 478,695 common shares to the seven BTS members.

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