hyundai research institute economic effects of bts
K-pop's BTS worth $3.6 billion a year to South Korea | Channel December 18, the Hyundai Research Institute (HRI) released a report stating that for the period of 2014 (BTS's debut) through 2023. Experts have predicted that once BTS hits their 10-year mark, they will have made an economic impact that surpasses even that of the 2018 PyeongChang Winter Olympics. The report titled "Economic Effects of BTS" was released by Hyundai Research Institute (HRI) on Dec. 18. View BTS IMPACT ECONOMICS.docx from MANAJEMEN 123 at Muslim University of Indonesia. 800-853-1351. . The three concerts by K-pop boy band BTS (Bangan Boys) at the Seoul Olympic Stadium in October 2019 were estimated to have generated around 922.9 billion South Korean won of economic impacts to . Subscribe to new additions to RePEc. Share. Last week, BTS debuted at No. The Korean Wave or hallyu — it includes Korean TV dramas and K-pop — sweeping across the world has come as a blessing in disguise for the country's image and economy, especially after the 1997 Asian financial crisis. Recently, BTS's new English-language track "Dynamite . BTS is to date the most successful manifestation of the. From 2013 to 2018, BTS sold more than US$1.1 billion worth of branded items, and they're expected to have an even greater economic impact than the 2018 PyeongChang Olympics within 10 years, according to the Hyundai Research Institute. A new study by Hyundai Research Institute found that the boy band is worth more than $3.6 billion yearly to the country's economy. Leading Products. BTS: K-pop's branding machine - The Washington Post Ask a Librarian; BTS Open Data Catalog; National Transportation . December 18, the Hyundai Research Institute (HRI) released a report stating that for the period of 2014 (BTS's debut) through 2023. In addition to the direct workers employed by Hyundai in all of its U.S. operations, many more people are needed to supply the goods and services that are directly or indirectly The research institute also claimed that BTS's global popularity had a significant impact on exports of consumer goods . BTS Map of the Soul: 7: How K-pop group BTS built a billion ... - Vox Hyundai Research Institute - OverDrive