Popular K-pop group NewJeans took to YouTube to demand Hybe Co. reinstate their ousted long-time producer by Sept. 25, escalating an ongoing dispute and stunning an industry controlled by a handful of powerful management firms. Hybe’s shares dived as much as 6.2%—their biggest intraday fall in a month—after the five-member group announced their demands in a surprise YouTube live-stream Wednesday evening.

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BING NEWS:
  • K-pop giant Hybe has gone to war with NewJeans, and wants Google’s help
    The BTS record label wants to unmask 'defamatory' YouTube users, part of a battle over the lucrative girl group NewJeans.
    09/13/2024 - 6:38 am | View Link
  • HYBE’s NewJeans fallout is getting tenser by the day, as new CEO says company ‘follows the rules and pursues precision management’
    Jason Jaesang Lee is officially the new CEO of HYBE. A ccording to a new regulatory filing, he was officially appointed to the CEO role at a shareholder meeting on Thursday (Septe ...
    09/13/2024 - 3:58 am | View Link
  • What’s behind NewJeans’ 2-week ultimatum to HYBE?
    K-pop girl group NewJeans has been caught up in a conflict between their producer and former CEO of their label Ador, Min Hee-jin, and the parent label HYBE, expressing support for their producer in ...
    09/12/2024 - 12:41 am | View Link
  • NewJeans ready to leave HYBE? Girls give agency 2-week ultimatum to restore Min Hee Jin as ADOR CEO
    S hocking all, on September 11, NewJeans created a separate YouTube channel just to demand that HYBE restore Min Hee Jin to her position as CEO of ADOR by September 25. They also ...
    09/11/2024 - 9:08 pm | View Link
  • In Rare Revolt, Girl Group NewJeans Accuses Major K-Pop Label, Hybe, of Discrimination
    The popular K-pop group’s public demands to their management company—related to their dismissed producer—have stunned an industry long controlled by a few powerful firms.
    09/11/2024 - 8:30 pm | View Link
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