BTS Agency HYBE Selected as One of TIME's 100 Most Influential Companies Worldwide

"Riding High Thanks to Supergroup BTS"
Among the Top 100 Companies, Only Samsung and HYBE Are Korean Firms

[Image source=Yonhap News]

[Asia Economy Reporter Kim Suhwan] HYBE, famous as the agency of BTS, has been included for the first time in Time magazine's list of the '100 Most Influential Companies in the World.'

On the 27th (local time), according to the '2021 100 Most Influential Companies in the World' list announced on Time's official website, HYBE was included in the 'Pioneers' section among various business sectors.

Time described HYBE as "founded in 2005, HYBE was once an 'underdog' agency in the fiercely competitive Korean music industry," and added, "Currently, it is soaring high thanks to BTS, the world's most popular supergroup."

It also mentioned, "Just as Disney did before, HYBE views each artist as intellectual property that can be developed into fan-friendly experiences and product worlds."

Additionally, Time noted that this year HYBE invested in YG Plus and acquired the American media group Ithaca Holdings, which operates in various fields such as music, IT, film, and culture, for $1 billion (approximately 1.112 trillion KRW).

The list included global companies such as Google, Tesla, and Apple, with only two Korean companies, Samsung Group and HYBE, making the list.

Meanwhile, this is the first year that Time has announced the '100 Most Influential Companies in the World' list. Time selected the list by receiving nominations from editors, correspondents, and industry experts worldwide, evaluating importance, influence, innovation, leadership, ambition, and degree of success.

This content was produced with the assistance of AI translation services.