Skip to content
BTS LIVE

News and Entertainment

  • Home
  • BTS News
  • BLACKPINK Diary
BTS LIVE

News and Entertainment

  • Home » 
  • BTS News » 
  • HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

By army999 22/09/2022
Table of Contents

HYBE and BTS will focus on “valuable results than costs.”

HYBE reaffirmed its commitment to ensuring the success of BTS‘s Yet To Come Concert in Busan. On September 22, HYBE reiterated that the company and BTS would focus on “valuable results than costs” when participating in significant national events.

BTS’s free concert at the Busan Asiad Main Stadium on October 15 is being done in support of the city’s bid to host the 2030 World Expo.

HYBE’s statement was released in response to growing concern over the ₩7.00 billion KRW (about $5.01 million USD) budget for which the Busan government and the 2030 World Expo hosting committee have not allocated funds. BTS fans have then complained that BTS is being exploited by the government, which allegedly aims to get huge profits without contributing any funds for the show.

In response to media inquiries about the cost of the Busan Concert, we have stated that there will be high costs, and a significant portion of this cost will be covered by corporate sponsorship, online streaming advertisements, and the ancillary business of The City Project.

In addition, it was informed that the company decided to pay directly 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 embodies the artists’ idea that they wanted to perform for free for many fans in the past.

— HYBE

HYBE then stated its commitment to bringing honor to the country without prioritizing expenses as an issue.

In the past, we and BTS have been participating in national events, large and small. We have participated with a will to contribute to the country and society and have not prioritized the issue of cost. We understand that the government’s financial resources cannot sufficiently cover the event’s expenses. 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 of accompanying this Busan concert. Furthermore, we do not believe it is right to exhaust the resources given to us by government agencies and corporate sponsors, which were meant for the 2030 Busan Exposition on the Busan Concert.

—HYBE

HYBE also assured that the stage’s quality would remain high to create the best-expected results for the Busan Asiad and all events they handle. Making the best concert and value in hosting the 2030 Busan World Expo is the only goal HYBE and BTS aim for.

 

Share
facebookShare on FacebooktwitterShare on TwitterpinterestShare on Pinterest
linkedinShare on LinkedinvkShare on VkredditShare on ReddittumblrShare on TumblrviadeoShare on ViadeobufferShare on BufferpocketShare on PocketwhatsappShare on WhatsappviberShare on ViberemailShare on EmailskypeShare on SkypediggShare on DiggmyspaceShare on MyspacebloggerShare on Blogger YahooMailShare on Yahoo mailtelegramShare on TelegramMessengerShare on Facebook Messenger gmailShare on GmailamazonShare on AmazonSMSShare on SMS
Post navigation
Previous post

BTS’s October Concert Faces New Roadblock, Busan City’s Competence In Question

Next post

BTS Proves They’re The Biggest ARMYs After Showing Support For J-Hope’s Collaboration With Crush For “Rush Hour”

army999

army999

Related Posts

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

BTS J-hope joins LE SSERAFIM as featuring artist in 'SPAGHETTI' teaser, sparking excitement among fans

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

Jimin, Jin, & G-Dragon top individual male K-Pop idol brand value rankings for October

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

BTS members RM, J-Hope, and V (Kim Taehyung) attend W Korea’s "Love Your W" 2025 charity event

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

Park Eun Bin sparks attention by leaving 'W Korea’s Breast Cancer Event' early

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

'Breast Cancer Awareness Event' by 'W Korea' facing scathing backlash: drinking, partying, raising zero dollars for breast cancer

Categories BTS News HYBE Reaffirms Funding BTS Concert in Busan And Says Cost Is Not A Top Priority

RM tells fans to look forward to BTS's comeback in March of next year

Categories BTS News

BTS J-hope joins LE SSERAFIM as featuring artist in 'SPAGHETTI' teaser, sparking excitement among fans

19/10/2025

Jimin, Jin, & G-Dragon top individual male K-Pop idol brand value rankings for October

18/10/2025

BTS members RM, J-Hope, and V (Kim Taehyung) attend W Korea’s "Love Your W" 2025 charity event

17/10/2025

Park Eun Bin sparks attention by leaving 'W Korea’s Breast Cancer Event' early

16/10/2025

'Breast Cancer Awareness Event' by 'W Korea' facing scathing backlash: drinking, partying, raising zero dollars for breast cancer

16/10/2025
Copyright © 2025 BTS LIVE - Powered by Bangtan Colorful.
Offcanvas
  • Home
  • BTS News
  • BLACKPINK Diary