"Busan City Uses HYBE As Shield And HYBE Uses BTS As Shield" Knetz Feel Sorry For BTS

Knetizens are discussing how HYBE have been using BTS and they are not happy

OP:

Below is the full text of Hive’s official position

Hello, this is Hive.

We would like to inform you of the following position regarding “BTS ‘Yet To Come’ in BUSAN” (hereinafter referred to as “Busan Concert”), which will be held at the Busan Asiad Main Stadium on October 15th.

First of all, in response to media inquiries about the cost of the Busan Concert, we have stated that there will be significant costs, and a significant portion of this cost will be covered by corporate sponsors, online streaming advertisements, and incidental projects of The City Project. In addition, it was also informed that the company decided to directly pay for the shortfall that could not be covered even with these methods of securing financial resources. BTS will also appear in this concert without any additional fee, and this will be done in a way that actually embodies the artist’s idea that he wanted to perform for free for many fans in the past.

Despite these explanations, we express our regret that the controversy surrounding the Busan Concert has arisen, and we would like to clarify our thoughts in detail.

Hive and BTS have focused on value outcomes rather than cost in participating in national events

We and BTS have been participating in national events large and small from the past. We have participated with a will to contribute to the country and society, and have not made the issue of cost a priority. We understand that the expenses of the event cannot be sufficiently covered by the government’s financial resources. In addition, the government’s support has always been carefully approached because the source of the government’s support is the people’s taxes.

The same is true for the cost accompanying this Busan concert. The government, local governments and the bid committee are doing their best to support this concert by not only providing a concert venue but also investing resources within a limited budget. In addition, we do not believe that it is not desirable for the resources of the government, local governments and companies that are trying to host the 2030 Busan World Expo to be input or exhausted on a large scale due to the Busan Concert. If BTS had considered cost as the most important factor in participating in national events in the past, it would have been difficult to produce so many results at major events for our country and for the world. We have focused on the process to create high-level results at events where BTS participates, and we have thought that it was meaningful enough because we were satisfied with the results we produced with BTS.

However, there is one thing we cannot give up. That is the level of the stage where BTS stands. Having some of the world’s best artists at a national event doesn’t compromise the quality of the stage. This Busan concert is no different. We do our best to secure high standards not only on the stage of Busan Asiad, where BTS stands, but also at various side events, and we only focus on creating the best results. Creating the great concert we expect and creating the value we expect in hosting the 2030 Busan World Expo is the only goal we and BTS are aiming for.

Hive and BTS take pride in contributing to the nation.

Every year, BTS has been asked to participate in events they are planning not only in Korea, but also in many countries and organizations around the world. Although most of these requests cannot be answered in order to be faithful to the artist’s original role, BTS has made an effort to contribute through active participation when there is a really important and meaningful event nationally or globally, and it has produced significant results. I’m proud of it.

Among them, I have thought that participating in major events for our country and contributing to it is an important opportunity for BTS and our company. It is because BTS, which has become a global super IP, and Hive, which has grown into a company with major bases in three countries, started in Korea because it is an unchanging foundation. BTS and Hive believe that it is something we are proud of as citizens of Korea to put forth our efforts for our country, for the world, or for our country to contribute to the world.

Hive and BTS want to add strength to Busan in hosting the 2030 Busan World Expo.

The 2030 Busan World Expo brings economic effects worth tens of trillions of won to Busan and Korea, and its scale is larger than the World Cup as a single event. It was also at the World Expo where gramophones and TVs, which became the basis of popular music, were first introduced to human society. As it is a place that encompasses all the inventions and new technologies that make up modern civilization, there will be no need to worry about why hosting the Busan World Expo 2030 is important to Korea and why we need to make an effort to attract it.

In addition, it is said that Korea is the ‘underdog’ in the competition to host the 2030 Busan World Expo. Korea has a history of overcoming inferiority and achieving great results since ancient times, and BTS is an example of such a history of overcoming and growing. I came to think that everyone had to work together to show a nice turnaround in the bid for the 2030 Busan World Expo, and BTS and our company decided to add their strength.

Hive and BTS want to make Busan a place where the world pays attention through concerts.

About 60,000 fans from many countries, including Korea, and officials from the 2030 World Expo will gather for concerts and offline events in Busan Asiad and around Busan. In addition, more than 150 times the number of guests visiting Busan will see live concerts streamed worldwide. More than 10 million fans and officials will see and feel Busan.

During this short period of time, many people will pay attention to the Busan Concert, and at the same time, you will see Busan as a candidate for the 2030 World Expo. Shouldn’t we make it possible for them to become potential proponents of the 2030 World’s Fair? If we thoroughly prepare for Busan to be widely known through this big chapter for the rest of the time, the Busan concert will contribute at least in part to the bid for the 2030 Busan World Expo, and that alone will make BTS and our company proud. .

There are less than 4 weeks left until the Busan concert. Together with BTS, we would like to make an effort to contribute in any way to the bid for the 2030 Busan World Expo. There may be obstacles large and small in the process, but we and BTS will do our best until the end so that the Busan Concert can become a cornerstone in preparing the turning point for hosting the 2030 Busan World Expo. I would like to thank the public for their interest and support.