Big Hit Entertainment already released their official statement, denying the allegations of the broadcasting channel JTBC, claiming that the Company and the popular Korean boy group BTS were in bad terms specifically regarding money.

During the news program "Newsroom" of the said channel, statistics was presented saying BTS has been calling for a legal counsel to manage and their financial disputes and profit problems with Big Hit. This includes the unreasonable profit distribution, which caused the boy group to ask help from a top law firm.

However, Big Hit deals with it with their official statement, and claim that everything was a hoax.

"Hello, this is Big Hit Entertainment. We will state our position on the claims made on JTBC's "News Room" by reporters Choi Soo Yeon and Lee Ho Jin on December 9 at 8 PM. The reports were false."

The label also shared that after discussing with the group members and their families, none of them confirmed that they went to see a legal firm regarding this issue.

Furthermore, the official statement also clarified that there are no financial disputes that started a year ago after BTS had signed a contract renewal, which was first reported by the reporters of JTBC. Big Hit assured that profit distribution was discussed fairly with the members and that BTS is considered as an equal partner.

In this regard, Big Hit Entertainment is also planning to file a legal suit against JTBC, which they believe violated the etiquette of a professional journalist. Security footage of the intrusion of the channel's personnel will serve as the evidence as per the agency's statement.

"No matter what JTBC's intentions regarding the claim, the reports were false. JTBC exaggerated some of the content and reported it as if it were true." Strongly affirmed by the agency.

Meanwhile, fans of the boy group, specially ARMYs, were angered and can't help but to express their disappointment for this sudden claims despite not being real, and calls for JTBC and the management to do a public apology for the damage it causes not only to the group but to the Entertainment company as well. The controversy made a huge and negative impact on both BTS and their label Big Hit as they were being dragged and linked to unnecessary and unrelated articles.

With this, ARMYs were also planning to boycott the broadcasting company, which was already circulating on different social media platforms such as Twitter.

Using the site, the fandom was already spreading and trending three hashtags to be used, including #JTBC_IssueAFormalApology, #JTBC_NewsRoom_Apologize, and #BoycottJTBC.

Furthermore, netizens also expressed their disbelief with the privacy invasion of the said news program, as well as lost their sense of frustration with the broadcasting channel for airing fake news, which can stir up netizens' minds.

Also, some ARMYs pleaded not to only give the full responsibility to the reporters, but as to apologize formally, together with the whole management and the person behind the false reports to BTS and Big Hit publicly and correctly.