HYBE's Chairman Loses $470 Million in Stock Value Amidst Company DisputeSeoul Economy StarDB Recent internal conflicts over management rights resulted in a decrease in the stock value of HYBE, a record planning and production company owned by Chairman Bang Si Hyuk, by 550 billion won ($402 million). According to the Korea CXO Research Institute, which specializes in corporate analysis, 30 individual shareholders had a market […]
Suspicions Rise: HYBE, Home of BTS, Linked to Controversial CultAmid deepening infighting between HYBE, the company behind the global phenomenon BTS, and its subsidiary ADOR, some have raised suspicions that HYBE is connected to a pseudo-religious group. Simultaneously, past controversies over BTS’s alleged album sales manipulation have been brought back into the spotlight. On the 28th, HYBE dismissed these allegations as “entirely groundless,” saying, “We […]
HYBE's Stock Price Plummets: Will the Company Recover?HYBE’s stock price collapsed below $145.32 during the day. According to the Korea Exchange on the 26th, HYBE’s stock price plummeted to 199,800 won ($145.17) during the day, falling below the 200,000 won ($145.32). HYBE had recovered the 200,000 won ($145.32) level last month and maintained the early 200,000 won ($145.32) range for about a […]
K-Pop Idol Drama: Power Struggle at the Top Spells Trouble for NewJeans and ILLIT“ILLIT is copying NewJeans in every aspect of entertainment activities such as hair, makeup, costumes, choreography, photography, video, and event appearances.” Amidst a conflict between South Korea’s largest record planning company, HYBE, and its subsidiary label ADOR, CEO Min Hee Jin argued that the fundamental issue is not a hostile takeover but ILLIT’s copying of […]
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HYBE's Chairman Loses $470 Million in Stock Value Amidst Company Dispute Seoul Economy StarDB Recent internal conflicts over management rights resulted in a decrease in the stock value of HYBE, a record planning and production company owned by Chairman Bang Si Hyuk, by 550 billion won ($402 million). According to the Korea CXO Research Institute, which specializes in corporate analysis, 30 individual shareholders had a market […]
Suspicions Rise: HYBE, Home of BTS, Linked to Controversial Cult Amid deepening infighting between HYBE, the company behind the global phenomenon BTS, and its subsidiary ADOR, some have raised suspicions that HYBE is connected to a pseudo-religious group. Simultaneously, past controversies over BTS’s alleged album sales manipulation have been brought back into the spotlight. On the 28th, HYBE dismissed these allegations as “entirely groundless,” saying, “We […]
HYBE's Stock Price Plummets: Will the Company Recover? HYBE’s stock price collapsed below $145.32 during the day. According to the Korea Exchange on the 26th, HYBE’s stock price plummeted to 199,800 won ($145.17) during the day, falling below the 200,000 won ($145.32). HYBE had recovered the 200,000 won ($145.32) level last month and maintained the early 200,000 won ($145.32) range for about a […]
K-Pop Idol Drama: Power Struggle at the Top Spells Trouble for NewJeans and ILLIT “ILLIT is copying NewJeans in every aspect of entertainment activities such as hair, makeup, costumes, choreography, photography, video, and event appearances.” Amidst a conflict between South Korea’s largest record planning company, HYBE, and its subsidiary label ADOR, CEO Min Hee Jin argued that the fundamental issue is not a hostile takeover but ILLIT’s copying of […]
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