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 [...]
SEOUL, May 6 (Korea Bizwire) –Fans of the K-pop superstars BTS are inundating social media with outrage over an ongoing government investigation into allegations of illegal music streaming manipulation involving the group. On May 5, the hashtag “SOUTH KOREA APOLOGIZE TO BTS” trended in the K-pop category on X, the platform formerly known as Twitter, [...]
SEOUL, Apr. 25 (Korea Bizwire) – As the conflict between Hybe and Ador Entertainment, the company behind the rising K-pop girl group NewJeans, escalates, attention is turning to the potential impact on the members’ comebacks and activities. In the K-pop industry, the prevailing view is that major disruptions are unlikely in the near term, as Hybe [...]
SEOUL, Apr. 25 (Korea Bizwire) — South Korea’s largest K-pop company, Hybe, said Thursday it will file a complaint against executives of its sublabel ADOR, including CEO Min Hee-jin, on charges of breach of trust. The move comes amid a widening conflict between the two sides over an alleged attempt by Min and others to [...]
SEOUL, Apr. 24 (Korea Bizwire) — The author of a document allegedly suggesting the management of K-pop giant Hybe’s subsidiary label ADOR attempted to seize control of the company has denied the allegations. “What is known as ‘an ADOR internal document’ by the media is about my personal reflections,” ADOR’s unidentified deputy CEO and aide [...]
SEOUL, Mar. 25 (Korea Bizwire) — The latest girl group from Hybe, the K-pop powerhouse behind BTS and NewJeans, will make a debut with its first EP, “Super Real Me,” on Monday. The group ILLIT marks the third girl group from Hybe after Le Sserafim and NewJeans and the first from Belift Lab, a subsidiary [...]
SEOUL, Feb. 26 (Korea Bizwire) – Hybe said Monday its annual sales surpassed 2 trillion won (US$1.5 billion) in 2023, making it the first K-pop agency ever to reach the milestone. This achievement comes despite the absence of BTS’ group projects due to members’ mandatory military service. The company attributed the achievement to robust album and concert sales by its major artists, including Seventeen, Tomorrow X Together, NewJeans, Enhypen and BTS members as soloists. According to a regulatory filing, the firm [...]
SEOUL, Feb. 21 (Korea Bizwire) — I’LL-IT, a new girl group under Hybe Co., the mega entertainment firm behind BTS, will make its debut next month, its label said Wednesday. The five-member act is set to drop its first album March 25, according to the label, Belift Lab, a joint venture between Hybe and CJ [...]
SEOUL, Dec. 13 (Korea Bizwire) – HYBE, the agency representing popular K-pop groups BTS and Seventeen, has announced impressive results with its global tour sales reaching approximately 250 billion won for the year. Billboard’s recent “The Year In Touring 2023″ report provided comprehensive year-end statistics covering worldwide tours from November 1 of last year to September [...]
SEOUL, Nov. 13 (Korea Bizwire) — Hybe, the K-pop powerhouse behind BTS and NewJeans, has founded a Mexico-based unit to tap into the Latin music market. The largest K-pop company in South Korea said Monday that Hybe Latin America will serve as a bridgehead for its artists to enter the Latin music market and a [...]