Conscription is the tricky part. There are several options for BTS to engage while keeping the ball running. Members can enroll in units so that other members can continue to post music. They could also team up and put the group on a break of nearly two years. Fans have speculated that BTS` renewed contract also takes into account their convocation period. In December 2019, the South Korean parliament passed a law raising the age limit for K-pop artists to 30. During the show, Jin stopped to inform viewers that BTS` contract with Big Hit Entertainment would have ended on his seventh birthday (aka this year!) if the band members hadn`t decided to extend their contract in 2018. Based on the terms of its original contracts, BTS should have been dissolved in June 2020. However, the band extended their contracts in 2018 to stay with Big Hit until 2026. Several artists, before BTS, have been active for more than 14 years, and many will continue to do so thereafter.
“Thank you for celebrating our 7th anniversary,” he told fans. “We all shook hands and hugged each other. If we hadn`t re-signed our contracts. We would not have been able to see each other. A few years ago, Shane Dawson, one of YouTube`s most popular conspiracy theorists, created a video claiming that members of the K-pop industry – especially BTS – were heavily overworked and underpaid. According to EDTimes, he said fans have seen members get sick during shows and have no control over their schedule. However, it seems that this is not the case. In October 2018, BTS extended its exclusive deal with Big Hit Entertainment and achieved great things in 2019 and 2020. While 2020 isn`t the year we expected, it has a few positive aspects. The first is that BTS is still together and will be for years to come! I think it`s because things got really difficult at the beginning of the year.
At that time, there were many things to consider, and there were many doubts about this work. It`s hard to believe now, but 2018, one of BTS` most successful years, almost began with its dissolution. At MAMA 2018 in Hong Kong, Jin revealed that the group had thought about breaking up because of the difficulties they were struggling with at the time. Surviving the first seven-year curse is a great chance, but the fanfare usually goes down afterwards. Although this may not be the case with BTS, whose fandom reaches a new high every other day. On June 16, Jimin also mentioned BTS` contract during his live stream on YouTube. If the members had not agreed to renew their contracts, BTS would have ended on June 13, 2020 and the seven would have separated. This is our 7th anniversary. If things had gone the way they were originally supposed to, yesterday would have been the end of our contracts, but I am very grateful to have met the members as well as a good company.
I am relieved that we can be together much, much longer. My mood today is UPSCALE, all of you. And if you want to know why, it`s because the BTS K-pop sensation really has a moment (it`s so well deserved if you ask me). First, we learned that our seven favorite men – Jungkook, Jimin, V, Suga, RM, Jin and J-Hope – will receive an official BTS movie called Burn The Stage, which is set to hit select theaters across the country on November 15. But that`s not all! On Wednesday, October 17, it was announced that BTS has extended its contract with its Big Hit Entertainment label, which is really good news for fans. So, when does the BTS contract end? It looks like these guys are going to stay together for a while. “I remember the beginning of this year. We struggled mentally at the beginning of the year,” Jin said. “As we talked, we even thought about dissolving.” Before renewing their contracts, BTS considered terminating them.
In 2018, when the band began to experience international success, BTS members were apparently thinking about breaking up. In 2027, the youngest member, Jungkook, would be 30 years old (at international age). The other members would be fine at the beginning of their 30th birthday. After more than 14 years of fast-paced, 24/7 on camera, fans are wondering if BTS members would ever think about settling into their relationships or starting a family. In June 2020 – around the time BTS` initial contracts would have expired – Jimin discussed this issue during a live broadcast. Based on this comment, it looks like Big Hit Entertainment`s contracts will last five years before they expire. Therefore, their contract will not be renewed until 2023, and since the relationship between BTS and Big Hit seems strong, it can be assumed that they could renew the contract until 2028. I`m decently new to K-Pop, so I don`t really know how contracts and the like usually work, and I`m a little confused about the BTS contract. “Originally, our contracts were due to end yesterday.
But because we have found a good agency, we will fortunately be able to stay with our colleagues much longer. I`m getting very emotional,” Jin said. Six years is a long time, so it is possible that members may or may not renew their contracts to focus on a more peaceful life. Take a look at some of the fan theories about what the future might hold for K-pop supergroup BTS. At the Mnet Asian Music Awards in December 2018, Jin revealed during an acceptance speech that BTS was considering disbanding earlier this year. It`s hard to believe there could have been a world where BTS didn`t dominate 2020, but it was actually a possibility. BTS is expected to break up this year if they haven`t renewed their contracts with Big Hit Entertainment. We struggled mentally at the beginning of this year. While we were talking, we even thought about dissolving. BTS debuted in June 2013 and had seven-year contracts. This is the norm in the K-pop industry, although some artists also have five-year contracts instead of seven. A seven-year curse in K-pop refers to bands that decide to continue on their path or disband.
The resolution can be due to various factors – starting a family, going alone, hard work that does not match the result, and more. The seven members of BtS – RM, Jimin, Jin, Suga, J-Hope, Jungkook and V – have extended their contracts with Big Hit for another seven years and extended the current contracts, which are due to expire next year. He will bring the band`s time with the label until 2026, 13 years after the release of their debut album, 2 Cool 4 Skool, in 2013. But seriously, BTS had a pretty monumental year, taking the world by storm with its music and reaching fame, touring the world twice and releasing several albums – two of which reached the top of the Billboard 200. The news comes in the middle of a historic year in which BTS is quickly recognized worldwide for its influence as one of the most important musical acts of this generation. In addition to speaking at the United Nations and covering the global edition of Time Magazine as “Next Generation Leaders,” the band has broken several records and sold-out shows around the world while spreading a message of self-love and self-realization. Big Hit Entertainment released a statement via Forbes to announce that BTS has extended its contract with Big Hit for another seven years. Yes, fam, that means BTS will switch until 2026 and will likely make sure they remain a group during their mandatory conscriptions to the South Korean military. BTS broke the curse of seven-year-old K-pop after its debut in 2013, albeit with extreme difficulties. In 2018, the Group extended its contract by seven years. With this extension, BTS` contract will continue until 2027, which is a path of uncertainty.
“From three days, we wouldn`t have been able to see each other if we hadn`t all renewed our contracts,” Jimin said. He said BTS hugged each other on the occasion of their 7th birthday and thanked each other while talking about their near-dissolution. And although rumors of mismanagement have plagued the band for several years, it appears that BTS has extended its contract with Big Hit Entertainment until 2020. .