BTS has renewed their contract, ensuring that the group will continue to be a full 7-member ensemble even after 2025.
The announcement was made on September 20, 2023, with Hive stating in a press release that the board of directors had completed the resolution to renew the exclusive contracts of all seven members of BTS. The company also announced that they would be sequentially signing contracts with each member.
This second contract renewal marks a significant milestone for BTS, as it comes at a time when all seven members are preparing to fulfil their mandatory military service obligations. South Korean law requires all able-bodied men between the ages of 18 and 28 to serve in the military for at least 18 months.
The members of BTS have previously expressed their desire to continue their activities as a group even after their military service, and this contract renewal confirms that commitment. It is also a testament to the strong bond between BTS and their fandom, ARMY.
In addition to the contract renewal announcement, Hive also announced that they would be donating 1 billion won (approximately $770,000 USD) to the Korean Committee for UNICEF as a token of gratitude to BTS and ARMY. This donation will be used to support UNICEF’s programs for children and families in need.
The contract renewal and donation announcements have been met with great enthusiasm from ARMY around the world. Fans have taken to social media to express their joy and excitement, and to thank BTS for their continued dedication to the group and their fans.
What does this mean for the future of BTS?
With their contract renewal, BTS is now well-positioned to continue their global domination for many years to come. The group has already achieved incredible success, but they have yet to reach their full potential.
With this new contract in place, BTS can continue to focus on making great music and performing for their fans around the world. They can also explore new opportunities, such as acting, producing, and directing.
The future is bright for BTS, and ARMY is excited to see what the group accomplishes in the years to come.
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