Fans react to HYBE’s Bang Si Hyuk’s statement that K-pop is ‘showing the slowdown’
EMOTIONALPresident, Bang Si Hyukrecently sat down for an interview with CNN In doing so, he revealed many details regarding btsHYBE Artists, as well as the acquisition of shares in little entertainment. Speaking about K-Pop as an industry, Bang said something that caused a stir as K-Pop fans took to online platforms to express their disappointment.
He confessed to thinking that K-Pop”hiss » is very important to him. Bang Si Hyuk explained that if you use the “Export Indicators and Continued Growth”, According to him, the slowdown in growth “very clearly.”
He even explained how BTS’ military recruitment may have impacted the industry.
It would be fortunate if it was a temporary phenomenon caused by BTS’ military enlistment, but I doubt it.
— Bang Si Hyuk
Bang then cited this potential slowdown as a reason he was “more aggressive” about his acquisition of SM.
We absolutely need to raise awareness in the global market.
— Bang Si Hyuk
However, most K-pop fans don’t seem to agree with Bang’s take on the industry’s growth. Many took to Twitter to contradict his theory, citing recent album sales, streams, and ticket sales and tour stops for K-pop artists.
I just strongly disagree https://t.co/BCi5agNo6L pic.twitter.com/H9xKENK8cS
– KpopTookOverMyLife (@mheiligm) March 2, 2023
kpop doesn’t slow down. Bands sell millions of albums every time they come back. The beginnings are getting bigger. He knows what recruiting does to a group after that time with the company and he panics. why can’t he be honest? Not to mention there are others… https://t.co/EyZ20O7Ud7
— ᴋᴊ²⁹ ✨ (@music_remedy33) March 3, 2023
Some fans even reminded Bang of the bands.”with untapped potential” under his own multi-label company and their incredible achievements.
I’m going to include this here as further proof of what I said. Show me where there is a slowdown in these tour dates? https://t.co/y6uBkP4uEh
— ᴋᴊ²⁹ ✨ (@music_remedy33) March 3, 2023
‘Kpop is slowing down’ yet let Jungkook, the biggest name in kpop, stagnate for how many months. Lol ewanko sayo sarap mong bigwasan
– AMA🎼 (@jjkAMA07) March 3, 2023
Others accused him of trying to “manipulate” Getting people to go his way and excuse multi-label takeovers.
kpop is not slowing down, it’s just that its profit from b5s will slow down for 2 years. Let’s face it he wants to take over to fill that void he will lose if everyone leaves 2 years. He said himself that he was aggressive with the takeover. he is not a knight on white by https://t.co/7zWGbXHUkK
— 🤎 Doki 🖤 JH x JK | FULL FAN (@DokiMBB) March 3, 2023
He’s such a manipulator the only thing he worries about is his pockets as his biggest moneymakers are on hiatus, he’s not the savior of a genre that did well without him https://t.co/lwBgvXkZbw
— . (@ertqkmk) March 3, 2023
Meanwhile, there are also fans who agree with Bang Si Hyuk, saying album sales aren’t exactly a testament to K-pop’s growth.
I think you are all mad because he just burst your little bubble where you think a kpop group famous on kpop stan twt means they are famous all over the world https:/ /t.co/ ovh2DSmLAC
— ً (@vantelore) March 3, 2023
the quotes.. kpop fans who buy masses of albums for photo cards don’t make kpop successful, he’s right
— 🌸 (@jinastrous) March 3, 2023