NewJeans's girl group exit causes HYBE to lose near half billion dollars
HYBE is reportedly facing a major setback after the popular girl group, who were at the peak of their career, announced their exit from the agency. Citi
New Jeans departure causes BTS’ agency HYBE to lose $423 million
NewJeans’ departure has dealt a massive financial blow to HYBE, wiping out nearly half a billion dollars in market value. For those unaware, the popular rookie girl group recently severed ties with ADOR,
NewJeans' contract termination with ADOR causes a loss of about $423 million to HYBE
The sudden exit of K-pop group NewJeans from ADOR has caused HYBE's market value to drop by over $423 million, according to CNBC.
New Jeans HYBE issue: A departure that caused BTS' music company a loss of $423 million
BTS’ music company HYBE has lost over $423 million as the girl group New Jeans made their exit. NewJeans sent a legal notice to HYBE stating many demands, including the reinstatement of former ADOR CEO Min Hee-jin.
NewJeans Terminate Contract With Ador, Largest K-Pop Agency HYBE Loses $423 Million
South Korean pop band NewJeans terminated contract with their agency Ador in an emergency press conference on9. The girl band's decision caused an upheaval for South Korea's largest K-pop agency HYBE,
NewJeans’ Departure From ADOR Causes HYBE To Lose Half Billion Dollars
NewJeans’ departure from HYBE’s subsidiary company ADOR has resulted in a steep dive in the parent label’s stock prices. On November 28, the five-membered K-pop girl group called for an emergency press conference to announce the termination of their exclusive contract with ADOR.
Spotify2h
HYBE and Chairman Bang Si-hyuk under investigation by South Korea’s financial regulator over ‘secret’ shareholder contracts in IPO (report)
HYBE allegedly made a nearly $340 million profit off an agreement with private equity firms that was apparently not disclosed ...
Hybe shares fall as K-pop sensation NewJeans announces break with the entertainment agency
The BTS parent company has been battling for control of the lucrative girl group after splitting with NewJeans creator ...
K-Pop Superstars NewJeans Breaks Up With Korean Entertainment Agency Hybe
The announcement comes after a months-long internal company dispute between the BTS agency and its subsidiary Ador, which ...
HYBE faces backlash over alleged credit to BTS for BLACKPINK Rosé's success with 'APT.'
HYBE faces criticism after claims that BTS's influence contributed to Rosé's success with her hit 'APT'. Fans urge ...
The Express Tribune5d
BTS ARMY accuses HYBE of sabotaging Jungkook’s solo career following playlist removal
BTS ARMY rally against HYBE after playlist removal, accusing the company of undermining Jungkook’s solo success.
Min Hee Jin takes legal action against media outlet reporter, HYBE’s former CEO Park Ji Won and more
Min Hee Jin has filed official complaints against news reporter claiming that she used NewJeans for her personal gain. Read on for more details.
BTS Singer Jin Hits A Chart For The First Time, And He Starts His Time With A Bang
BTS singer Jin reaches a chart for the first time with his solo smash “Running Wild,” which opens at No. 6 on the Official ...
Top Korean News Of The Week: NewJeans Exits ADOR, BTS V's Winter Ahead Releases, Blue Dragon Film Awards 2024 And More
It was quite a happening week for the Korean entertainment industry. From the prestigious Blue Dragon Film Awards 2024, to ...