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HYBE, BTS and New Jeans
New Jeans HYBE issue: A departure that caused BTS' music company a loss of $423 million
BTS’ music company HYBE has lost over $423 million as the girl group New Jeans made their exit. NewJeans sent a legal notice to HYBE stating many demands, including the reinstatement of former ADOR CEO Min Hee-jin.
New Jeans departure causes BTS’ agency HYBE to lose $423 million
NewJeans’ departure has dealt a massive financial blow to HYBE, wiping out nearly half a billion dollars in market value. For those unaware, the popular rookie girl group recently severed ties with ADOR,
NewJeans Declares Departure From ADOR And HYBE
All five members of NewJeans are exiting their agency, ADOR. Minji, Hanni, Danielle, Haerin, and Hyein revealed their steadfast resolution to leave the company during an emergency press conference held in Seoul on November 28, 2024. The press conference began at around 8:30 p.m. KST.
'Free from HYBE and ADOR': NewJeans confirms breakup with agency in new statement
"Our contracts with ADOR have ended as of Nov. 29, 2024, and the five of us will start our new activities, free from HYBE and ADOR," the members of NewJeans said in a statement on Friday afternoon.
NewJeans Terminate Contract With Ador, Largest K-Pop Agency HYBE Loses $423 Million
South Korean pop band NewJeans terminated contract with their agency Ador in an emergency press conference on9. The girl band's decision caused an upheaval for South Korea's largest K-pop agency HYBE,
NewJeans’ Departure From ADOR Causes HYBE To Lose Half Billion Dollars
NewJeans’ departure from HYBE’s subsidiary company ADOR has resulted in a steep dive in the parent label’s stock prices. On November 28, the five-membered K-pop girl group called for an emergency press conference to announce the termination of their exclusive contract with ADOR.
5d
NewJeans Exits HYBE’s ADOR: Here’s What Fans Need to Know
On, K-pop sensation NewJeans held an emergency press conference to announce their decision to terminate their contracts with ...
4d
on MSN
Hybe shares fall as K-pop sensation NewJeans announces break with the entertainment agency
The BTS parent company has been battling for control of the lucrative girl group after splitting with NewJeans creator ...
5d
on MSN
K-Pop Giant Hybe’s Shares Slump After NewJeans Splits From Label Alleging Mistreatment
NewJeans members accused Hybe’s sub-label ADOR of mistreating them and their staff and engaging in deliberate ...
Spotify
6d
NewJeans just held a press conference to announce they’ve left HYBE’s ADOR… but the K-Pop giant says their deal is still ‘in full effect’
Over in South Korea, the future of HYBE-owned label ADOR has been thrown into uncertainty after K-pop girl group NewJeans, ...
5d
NewJeans Announces Departure From HYBE-Owned Label ADOR
NewJeans also revealed that they want to continue working with Min Hee-jin, the former ADOR CEO and the group’s creative ...
5d
K-Pop Superstars NewJeans Breaks Up With Korean Entertainment Agency Hybe
The announcement comes after a months-long internal company dispute between the BTS agency and its subsidiary Ador, which ...
5d
K-Pop Stars Quit Hybe in Shock Revolt That Slams Studio’s Stock
K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co., escalating an unprecedented uprising that’s ...
Spotify
13d
Min Hee-jin resigns as director of HYBE’s Ador label, as NewJeans threaten to walk away
In a letter circulated to media, Min said she plans to hold HYBE accountable for what she called “illegal activities.” ...
philstar.com
3d
5 things to know about NewJeans' shock split from agency
Chart-topping group NewJeans shocked the K-pop world with their announcement that they are quitting their label ADOR over ...
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