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BTS PAVED THE WAY trends on Twitter after South Korean president says it on a speech

According to President Moon, the group has paved the way for an innovative business model

President Moon Jae-in delivers a speech during a government forum on plans to promote the content industry held at the at the Seoul campus of the Korea Creative Content Agency on Sept. 17, 2019. (Photo from Yonhap)

SEOULARMY (BTS fans) and the Twitterverse is once again freaking out, as the South Korean president himself said during a speech at an seminar on Tuesday that the K-Pop boy group BTS has paved the way.

The speech, titled 3 Innovative Strategies for the Contents Industry, was delivered by Moon in front of the ministers, content producers and directors of mostly production companies on a seminar held at the Seoul campus of the Korea Creative Content Agency.

According to President Moon, BTS has paved the way for such an innovative business model, that they directly communicate with their fans.

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He further explained that the content industry is an “important future growth engine” to enhance the brand value and competitiveness of South Korea.

BTS (Photo from Big Hit Entertainment)

The South Korean government will also spend over 1 trillion won in order to nurture content creators via an investment-loan guarantee project. It also plans to offer 740 billion won of loan guarantees to developers and producers of various contents, including K-pop, K-dramas, animation, online games and other digital media contents throughout the year.

Bryan Snow
Written By

Bryan "Snow" Osorio is a technology and entertainment journalist, editor-in-chief of & HallyuLife and CEO/Co-Founder of AstPro Media Group (AMG). An award-waiting journalist who writes articles that have no discretion, he loves to listen to K-Pop and also making his own music. He is also a technology, audio, car, and gadget geek so when he's not working, he just watches Korean shows, or videos on YouTube. Unfortunately, despite being a CEO, he's always on a budget.


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