HYBE fires former BTS coach for fraud and embezzlement

HYBE has fired and pressed charges against BTS's former dance coach for allegedly embezzling funds and swindling at least 5 billion won. The coach is said to have forged documents in the agency's name.

2023-11-20

HYBE to restructure management system, launch new label

Big Hit Entertainment kicked off a new chapter in its history with the new name HYBE and first on its agenda is the restructuring of its management system and launch of a new label named Big Hit Music, the company said through a public ...

2021-04-02

K-pop's biggest agencies see rise in profits despite pandemic

Despite the coronavirus pandemic, the “big four” K-pop entertainment companies mostly saw a rise in profits in 2020 according to each company’s operating reports released this month. While concerts and ticket sales dropped due to Covid-19, a rise...

2021-03-30

Big Hit Entertainment moves into new headquarters in Yongsan

Big Hit Entertainment moved into its new headquarters building in Yongsan, central Seoul, ahead of the launch of its new identity as entertainment lifestyle platform company HYBE on March 30. The entertainment company announced on Monday that ...

2021-03-22

Big Hit Entertainment name change aimed at emphasizing music label

Big Hit Entertainment is officially changing its name to HYBE to put emphasis on its main priority — music. “The identity of Big Hit Entertainment will live on as ‘Big Hit Music’ as a label that makes up HYBE,” Big Hit chief executive Bang Si-hyuk..

2021-03-19

Big Hit to change its name to HYBE

Big Hit Entertainment, the company behind K-pop phenomenon BTS, is planning to change its name to HYBE. The company will put the proposal on the agenda of an annual general shareholders meeting scheduled for March 30. Big Hit Entertainment has ...

2021-03-11

Big Hit teams up with Universal Music Group

Korea's hottest entertainment agency, Big Hit Entertainment, and Universal Music Group (UMG) announced a strategic partnership to form its own boy band and promote UMG's artists on Big Hit’s Weverse fan community. The two companies held an ...

2021-02-18

Big Hit and NCSoft's fan platforms to face off in battle of the best

A month into the new year, star players in the entertainment field have signaled a significant shift in the local gaming and K-pop scene with new business projects and collaborations focused on online platforms. Big Hit Entertainment’s fan ...

2021-02-09

Big Hit, Naver and YG join forces in a big K-pop stock swap

KRX-listed Big Hit Entertainment is undertaking a stock swap with Naver that will leave the two companies as partners in a venture that will own and run Naver’s V Live. In the transaction, Naver will transfer its V Live unit to ...

2021-01-27

Korea's biggest entertainment agencies pay homage to the year of online

Big Hit Entertainment wrapped up 2020 with its all-hands-on-deck online concert “New Year’s Eve Live” on Dec. 31 and SM Entertainment picked up the baton to kick-start 2021 with its very own online concert “SMTOWN LIVE Culture Humanity“ on ...

2021-01-05

korea joongAng daily