All five members of girl group NewJeans filed a letter of plea to the court on Friday, the day that a hearing was held on the request filed by the quintet's producer Min Hee-jin to nullify HYBE's rights as the 80-percent owner of ADOR.
HYBE reported an investment analyst to the financial watchdog for allegedly brokering a meeting between NewJeans' agency ADOR and an overseas investor as part of ADOR CEO Min Hee-jin's attempt to overthrow HYBE's ownership of agency.
The parents of NewJeans members sent an email to ADOR CEO Min Hee-jin outlining the broken promise and general mistreatment by HYBE chairman Bang Si-hyuk.
HYBE's public feud with subsidiary label ADOR has highlighted the industry's problematic obsession with numerical success and entanglement of management with content production.
NewJeans producer and ADOR CEO Min Hee-jin had a lot to say during Thursday’s press conference. She now stands at the very center of an ongoing controversy between herself and HYBE, the K-pop conglomerate that owns ADOR and 64 other companies...
ADOR will hold a shareholders meeting on May 31 to vote on "the item requested by HYBE," the NewJeans agency said Friday after its board meeting held in the morning.
CEO of HYBE subsidiary ADOR, Min Hee-jin, filed for an injunction to stop HYBE from exercising its rights as the 80-percent owner of ADOR during the shareholders' meeting scheduled later this month.
Police will "conduct a speedy and thorough investigation" on ADOR CEO Min Hee-jin amid the ongoing feud between the company and HYBE as ADOR prepares for its board meeting on Friday.
The Ministry of Culture, Sports and Tourism will order an investigation into the alleged chart-rigging practice, known as sajaegi in Korea, of boy band BTS's agency HYBE back in 2017.
NewJeans producer Min Hee-jin demanded the right to terminate ADOR's contract with NewJeans without board approval, according to reports.
Korea JoongAng Daily Sitemap