BTS military service will cost HYBE? Korean music company clarifies and addresses concerns

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BTS members are all set to serve in the military, starting with the oldest member Jin initiating the process by the month's end. The news has come as a shock to the fans as they were still hopeful that the BTS members will be exempted from the duty. The band's management company BigHit Music said the septet hopes to reconvene as a unit around 2025 following their service commitment. Last time, when BTS announced that they are taking a 'hiatus' and will be focusing on their solo careers, HYBE has to witness losses. The Korean music company lost USD 1.7 billion. However, soon after the official announcement about BTS military duty, HYBR CEO Park Jiwon had an investor briefing and addressed the concerns about future projects.

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