Korean Pop Superstars BTS’s ‘Hiatus’ Rant Against Record Label Costs Brand $1.7 Billion

Hybe Co., the entertainment giant that manages the globally successful Korean boy band BTS, lost as much as $1.7 billion of its stock value on Wednesday after the bandmates confessed during a livestream that they are “exhausted” with their lives, need “time to think,” and are hoping not to perform as BTS for an indefinite amount of time.
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