Major South Korean K-pop company Hybe says it will file a criminal complaint against the CEO of its sublabel for alleged breach of trust.
Hybe manages boy band BTS and other popular South Korean pop artists.
The company said on Thursday that an audit of its sublabel, ADOR, found evidence that its CEO, Min Hee-jin, attempted to take control of the sublabel and break away from the parent company.
ADOR manages popular girl group NewJeans. Min is a well-known producer who launched the group's career.
At a news conference on Thursday, Min tearfully denied Hybe's allegations against her.
Since the internal rift was reported early this week, stock prices of Hybe have plunged, temporarily sinking by nearly 8 percent.
Hybe manages boy band BTS and other popular South Korean pop artists.
The company said on Thursday that an audit of its sublabel, ADOR, found evidence that its CEO, Min Hee-jin, attempted to take control of the sublabel and break away from the parent company.
ADOR manages popular girl group NewJeans. Min is a well-known producer who launched the group's career.
At a news conference on Thursday, Min tearfully denied Hybe's allegations against her.
Since the internal rift was reported early this week, stock prices of Hybe have plunged, temporarily sinking by nearly 8 percent.
Similar Readings (5 items)
K-pop group NewJeans to leave management agency
Court backs agency in dispute with K-pop stars NewJeans
Summary: South Korea court upholds agency's contract with girl group NewJeans
K-pop girl group NJZ announces suspension of activities
Operator of Line app reports massive leak of personal data
Summary
South Korean K-pop company Hybe plans to file a criminal complaint against ADOR CEO, Min Hee-jin, for alleged breach of trust. The company manages popular acts like BTS and discovered girl group NewJeans under ADOR. An audit revealed Min attempted control and separation from the parent company. At
Statistics
119
Words1
Read CountDetails
ID: 5f6a322a-f93c-4ae0-a41c-4359cf19da27
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20240425_25/
Date: April 25, 2024
Created: 2024/04/26 06:30
Updated: 2025/12/08 14:46
Last Read: 2024/04/26 09:20