According to Monday reports from the music industry, the seven members of the Korean pop group BTS have renewed their contracts with their management company BigHit Music for a second time.

It has been reported that all seven members of the group have recently signed new contracts with the agency: RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook.

Hybe, BigHit’s parent company, revealed in a regulatory filing on Wednesday that its board had authorized a plan to renew contracts with the group, prompting today’s signing.

Take a look at below post:

All members of BTS have renewed their contracts with HYBE & Big Hit Music. pic.twitter.com/04jIK85Us2

— Kpop Charts (@kchartsmaster) September 20, 2023

According to analysts, the renewal of contracts went over without a hitch, removing the main “risk” factor or ambiguity for Hybe and making it possible for BTS to reunite as a group in 2025 following members’ mandatory military service.

all seven members of bts have renewed their contracts two years before the expiration APOBANGPOpic.twitter.com/VBKYr5RXhy

— tani⁷ (@vantemims) September 20, 2023

In 2013, BTS made their debut under Big Hit Entertainment, the forerunner to Hybe. In October of 2018, the participants re-upped for the first time.

All members of BTS renewed their contracts…The best time in twenty years.

#BangSihyuk: ‘All BTS members renewed contracts…The happiest moment in 20 years’https://t.co/LRwYM6l0BU

— allkpop (@allkpop) November 1, 2023

You can also consider some more information about BTS members:

As a group, BTS currently has a total of six number-one songs and albums on the U.S. Billboard Hot 100 and Billboard 200 charts, making them the first K-pop act to accomplish this feat.

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