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| yna@yna.co.kr 2022-09-08 16:02:32
SEOUL, Sept. 8 (Yonhap) -- Attention is drawn to how the excessive amount of holding megastar BTS' "Yet To Come in BUSAN," a concert for the successful bid of 2030 Busan World Expo and is free of charge, at the Busan Asiad Main Stadium on Oct. 15 will be covered.
According to their agency HYBE, Live play at Busan harbor and online streaming along with free concert will also be provided.
Some are doubting on how the cost will be covered.
HYBE announced, "It is sad that such controversy is taking place while Busan city, economic world, HYBE and BTS are trying hard for the successful bid of 2030 Busan World Expo."
Around seven billion won will be used solely for the concert, according to HYBE.
This is because Asiad Main Stadium is a a large-scale stadium with the capacity of 50,000 people, and high-quality stage and equipment will be installed to match BTS's world status.
HYBE said, "It is predicted that considerable amount of cost will also be required to provide online streaming all over the world for free," adding, "Total cost will be much higher than the information to the public,"
Regarding "7 billion won + α," they added, "We are working on other subsidiaries like sponsoring from companies, online streaming advertisements, "The City Project (City style concert play park by HYBE to provide various activities and events around the city before and after the concert) to help cover the fee."
But HYBE said, "Cost for the concert and free streaming has not been settled," adding, "It is unknown how much from the total can be covered from what we have planned."
HYBE also emphasized, "From the time of planning this project, we planned to reduce the deficit," adding, "We will try various ways to reduce the deficit."
Busan city has also said to support the agency to not take on a large loss, HYBE said.
(This article is translated from Korean to English by Jiwon Woo.)
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