Commentary: As Big Hit searches for the next big thing, are there too many K-pop groups?
SEOUL: Big Hit Entertainment, the label behind K-pop phenomenon BTS, is both riding a stunning wave of success and looking for the next big thing.
Over the past year, BTS, which delivered Big Hit most of its earnings, has achieved feats unprecedented for K-pop, including topping the Billboard Hot 100, performing at the Grammys and being named entertainer of the year by Time magazine.
Alongside the accolades have come impressive earnings. Despite the music industry coming…