South Korean game publishing company Netmarble is now the second largest shareholder of Big Hit Entertainment.
On April 4, Big Hit Entertainment - the home of BTS - announced that they have received a 201.4 billion KRW (189.3 million USD) investment from Netmarble. The game company now owns 25.71% of Big Hit Entertainment's total shares, making them the second largest shareholder of the agency.
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Netmarble and Big Hit Entertainment plan to expand their synergy in global music and the game market with their strengthened partnership. Netmarble founder and Chairman Bang Joon-Hyuk is the cousin of Big Hit Entertainment founder Bang Si-Hyuk.
Meanwhile back in February, Netmarble announced the cinematic game 'BTS WORLD'.
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