SEOUL, April 3 (Korea Bizwire) – Officials of President-elect Yoon Suk-yeol’s transition team on Saturday visited Hybe, the agency of K-pop sensation BTS, without discussing the issue of military service exemption. “There was no mention (of military exemption for the members),” presidential transition committee chief Ahn Cheol-soo told reporters after his visit. “The issue is something that [...]
SEOUL, March 21 (Korea Bizwire) — Seven music labels under the wing of Hybe, home of K-pop groups such as BTS and Seventeen, will hold their first-ever joint audition in the United States next month, the company said Monday. The Hybe Multi-label Audition will take place four times in Las Vegas on April 8-9 and [...]
SEOUL, March 15 (Korea Bizwire) — Bang Si-hyuk, founder and chairman of K-pop powerhouse Hybe that manages BTS, will receive an honorary doctorate from Seoul National University (SNU), school officials said Tuesday. Bang will be the first entertainment industry figure to get the SNU degree that is given to a person who has made a [...]
SEOUL, March 2 (Korea Bizwire) — Hybe Edu, an affiliate of K-pop powerhouse Hybe, will release new Korean language learning materials for foreign fans of popular girl group BLACKPINK, the company said Wednesday. The release of the new learning materials, titled “BLACKPINK in Your Korean,” that makes use of the group’s intellectual property is due [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hybe has become the first K-pop management agency to surpass 1 trillion won (US$838 million) in annual sales, boosted by successes of its artists led by global superstars BTS. The company said in a regulatory filing Tuesday its sales for 2021 were tentatively tallied at 1.25 trillion won, up [...]
SEOUL, Jan. 27 (Korea Bizwire) — Bang Si-hyuk, founder and chairman of the powerhouse K-pop entertainment company Hybe, has been included on the Billboard’s annual list of the most influential figures in the global music business. Bang ranked 18th out of the 25 people on the Billboard’s 2022 Power List unveiled Wednesday (U.S. time), along [...]
SEOUL, Dec. 7 (Korea Bizwire) — Hybe, home to famous K-pop groups such as BTS, Seventeen, Tomorrow X Together (TXT) and Enhypen, said Tuesday it will throw a joint concert of its artists to celebrate the end of the year, though BTS will be absent from the event. The concert, titled “2022 Weverse Con (New [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hybe, the K-pop company behind BTS, on Thursday reported record-high quarterly operating profit and revenue for the third quarter, supported by the success of “Butter.” The company said in a regulatory filing that its operating profit for the July-September period was estimated at 65.6 billion won (US$55.7 million), up [...]
SEOUL, Aug. 5 (Korea Bizwire) — Hybe Co., the company behind global K-pop star BTS, said Thursday its second-quarter net profit grew 10 percent on the back of robust performances from its artists. Net profit for the second quarter stood at 20.84 billion won (US$18.2 million), compared with 18.96 billion won the previous year, according [...]
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 [...]