BTS singing all the way to the bank as record label prepares IPO

Seoul (AFP) – K-pop sensation BTS are set for a multi-million-dollar windfall next month when shares in their record label go on sale, with a public offering valuing the company at over USD4 billion.

The trailblazing septet cemented their prominence in the world’s biggest music market last month, when their all-English track Dynamite debuted at number one in the Billboard Hot 100.

More details on Thursday’s Borneo Bulletin