Big Hit Entertainment, the agency of BTS, is set to change its name.

On the 10th, Big Hit announced the convening of a shareholders' meeting through the Financial Supervisory Service's electronic disclosure system.Along with this, they announced the agenda for the name change through the proxy solicitation reference document.

According to this announcement, Big Hit Entertainment Co., Ltd. will change its name to HYBE Co., Ltd.The address of the currently operating homepage will also be changed to HYBE.

However, Big Hit also announced that after changing its name to HYBE, it will further expand its business areas by adding businesses such as strategic transaction and related distribution, and real estate leasing, in addition to existing artist production and management.

Meanwhile, the Big Hit Entertainment shareholders' meeting where the proposal will be voted on is scheduled to be held at 9 AM on the 30th at Dragon City Hotel in Yongsan-gu, Seoul.

These are English translations of articles from our GTTOUR Japanese website.