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.
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 director. Min was removed from her position at the label after HYBE accused her of attempting to gain control of ADOR from its parent company by selling company shares and leaking confidential information.
NewJeans contract termination with ADOR costs HYBE $423M
After NewJeans announced contract termination with ADOR, a big financial blow hits HYBE, amounting to almost half a billion dollars.
'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.
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 ...
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 ...
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 ...
Members of K-pop group NewJeans say they are leaving agency after dispute
Members of NewJeans, one of the most popular K-pop groups, said on Thursday that they were leaving their agency ADOR, a subsidiary of powerhouse label HYBE.
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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, ...