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Media & Entertainment

'Father of BTS' tests investor appetite for K-pop with IPO plan

South Korean agency Big Hit eyes multibillion dollar valuation

SEOUL -- Bang Si-hyuk has, by his own account, spent much of his early career fighting the South Korean music industry. Now the man behind BTS, the most successful pop group in the country's history, is ready for an even bigger challenge: taking his talent agency public in the midst of a pandemic.

Bang, a composer and producer, founded Big Hit in 2005 as a challenger to the three established giants of South Korean pop music: SM Entertainment, JYP Entertainment and YG Entertainment.

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