20-9-2023 (SEOUL) All members of BTS have officially decided to renew their contracts with HYBE and BIGHIT Music.
A statement released by HYBE to multiple media outlets, including Sports Chosun, confirmed that during a board meeting, it was unanimously decided to renew the exclusive contracts with all seven BTS members in a sequential manner as their respective contracts expire.
The renewal process will be carried out by BIGHIT Music and HYBE, taking into account the personal circumstances of each BTS member, such as their military service obligations. Notably, Jin and J-Hope, who are currently serving in the military, will have their new contracts come into effect in 2025.
With the successful renewal of their contracts, it is anticipated that BTS will have the opportunity to engage in a full group promotional period in 2025, allowing fans around the world to witness their collective talents once again.
HYBE expressed their commitment to providing unwavering support and further enhancing the status of BTS in the music industry. The agency is determined to capitalize on the immense popularity and influence of the group while fostering their growth and success.
Presently, the BTS members are pursuing individual activities following their self-imposed hiatus from group promotions. Jin and J-Hope are fulfilling their mandatory military service duties, while Suga is scheduled to enlist later this week.
