Netmarble invests $190 million in Big Hit Entertainment + becomes 2nd largest shareholder of the agency

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.

SEE ALSO: Yoo Jae Suk makes pointed remark that people are sometimes worse than beasts

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'.�