SEOUL, Nov. 20 (Korea Bizwire) – Min Hee-jin, former CEO of K-pop label ADOR, announced Wednesday she will resign from the company’s board of directors and leave the label. Min, who was re-elected to the board last month, also said she will take Hybe, the parent company of ADOR, to court for violating terms of [...]
SEOUL, Oct. 30 (Korea Bizwire) — Following a court ruling dismissing former ADOR CEO Min Hee-jin’s injunction request for reinstatement, Hybe has committed to swiftly “stabilizing” the sublabel, industry sources said Wednesday. Lee Jae-sang, CEO of K-pop powerhouse Hybe, shared the plan in an email sent to the company’s employees Tuesday afternoon, shortly after the [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hybe, the K-pop company behind global sensation BTS, has partnered with the National Museum Cultural Foundation to release a new series of merchandise that blends the beauty of traditional Korean culture with the influence of the K-pop group. The 2024 “Dalmajung BTS X MU:DS” collection will launch Wednesday, coinciding [...]
SEOUL, Sept. 12 (Korea Bizwire) –In a surprising turn of events, the popular K-pop girl group NewJeans has issued an ultimatum to their management company HYBE and its chairman Bang Si-hyuk, demanding the reinstatement of former CEO Min Hee-jin by September 25. This bold move has led industry insiders to speculate about the possibility of [...]
SEOUL, Sept. 9 (Korea Bizwire) — Members of K-pop group NewJeans have publicly expressed their gratitude for Min Hee-jin, producer and former CEO of the group’s agency, during their acceptance speeches at a Japanese music awards ceremony. The girl group, who won four awards at the 2024 The Fact Music Awards on Sunday at Kyocera [...]
SEOUL, Aug. 14 (Korea Bizwire) – Investors in HYBE are voicing growing frustration and disappointment, a sentiment increasingly evident in recent discussions on online stock forums. The entertainment powerhouse behind global sensation BTS has seen its stock price nearly halve since peaking at 312,500 won in June last year, with recent scandals exacerbating the decline. HYBE’s [...]
SEOUL, Jun. 14 (Korea Bizwire) — Katseye, a highly anticipated new international girl group from Hybe, will make its debut with a single this month, the K-pop company said Friday. It said the group will drop its debut single June 28, as well as a second single and an EP in July and August, respectively. [...]
SEOUL, May 31 (Korea Bizwire) — K-pop powerhouse Hybe put three of its executives on the board of its sublabel ADOR housing popular girl group NewJeans on Friday, taking over control of the board amid a protracted conflict between the two companies over ADOR’s management rights. ADOR CEO Min Hee-jin retained her position during an [...]
SEOUL, May 24 (Korea Bizwire) — Police have questioned an official from Hybe, the biggest K-pop powerhouse and home to BTS, in connection with a breach of duty accusation the firm raised against the head of subsidiary ADOR. The Yongsan Police Station in Seoul questioned an unidentified Hybe official as the complainant of the case [...]
SEOUL, May 10 (Korea Bizwire) — ADOR, a sublabel of K-pop powerhouse Hybe, said Friday it will hold an extraordinary shareholders’ meeting on May 31 to discuss the replacement of the label’s CEO Min Hee-jin amid a protracted dispute between her and Hybe. The decision was made during a board meeting in Seoul of the [...]