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BTS hit single could inject US$1.4bn into South Korea


Think about this, for a minute.

One hit single, from a boy band, is worth more than US$1.4 billion to the South Korean economy.

According to a government study, K-pop sensation BTS’s US-chart-topping single “Dynamite” could generate billions in economic activity for South Korea and thousands of new jobs, The Global Times reported.

The trailblazing septet cemented their prominence in the world’s biggest music market last week, when the all-English track debuted at No.1 in the Billboard Hot 100.

The feat had previously eluded rapper Psy, whose “Gangnam Style” was a global megahit but peaked at No.2 in the US for seven weeks in the fall of 2012, Global Times reported.


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