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Bang Si-hyuk Steps Down as CEO of BTS’ Agency-label Hybe

Bang Si-hyuk Steps Down as CEO of BTS’ Agency-label Hybe

SEOUL, July 1 (Korea Bizwire) — Bang Si-hyuk, the legendary music producer behind the success of K-pop supergroup BTS, has stepped down as the chief executive of the group’s agency-label Hybe, the company announced Thursday. Bang’s resignation from the Hybe CEO position was announced as part of a company-wide restructuring of the agency, formerly known [...]

BTS Agency Hybe to Acquire Scooter Braun-led Firm in US$1 bln Deal

BTS Agency Hybe to Acquire Scooter Braun-led Firm in US$1 bln Deal

SEOUL, April 2 (Korea Bizwire) — Hybe, the company behind K-pop phenomenons BTS, announced Friday a deal to buy a 100 percent stake in American music entrepreneur Scooter Braun’s Ithaca Holdings. Under the deal, Hybe — formerly Big Hit Entertainment — will be acquiring the media company, which owns affiliates like SB Projects, founded by [...]