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| Name | Internal strife at HYBE: HYBE to report ADOR CEO Min Hee-jin for breach of trust |
| Video Uploader | Video From Arirang News |
| Upload Date | This Video Uploaded At 25-04-2024 02:09:38 |
| Video Discription | 하이브, 민희진 고발키로 "경영권 탈취 계획 수립 구체적 사실 확인" 뉴진스 앞날 어떻게 되나 The K-pop industry is buzzing due to an escalating dispute between HYBE and the CEO of its subsidiary label ADOR, Min Hee-jin, who manages the popular girl group NewJeans. While the dispute could escalate to a legal battle, HYBE says it will continue to care for NewJeans. Lee Eun-jin has the details. On Thursday, South Korea's largest K-pop agency HYBE said it will report the CEO of its subsidiary label ADOR, Min Hee-jin, to the police for breach of trust. In a press release on Thursday morning, the entertainment agency said that specific evidence had been gathered to support their claims that Min had made moves to seize control of the label. This latest action is based on an interim report of an audit initiated on Monday. The conflict sparked on Monday when Min accused another HYBE subsidiary, Belift Lab, of plagiarism due to creative similarities between recently-debuted girl group ILLIT and ADOR's girl group NewJeans. But HYBE say Min's attempt to take over ADOR was planned before ILLIT's debut, saying it detected attempts from Min and a close executive associate on October 22nd last year. HYBE revealed it has at least three digital documents to support their suspicion, including paperwork related to terms for contract changes and plans for attracting external investors. The documents gave HYBE grounds to suspect Min was working on a plan to push HYBE to sell its 80 percent stake in ADOR, or to take NewJeans to form a separate company. According to a source close to Min the documents were merely personal notes. The audit is ongoing, and if the truth behind the accusations remain unresolved, the case could escalate to a legal battle. As for what lies ahead for NewJeans, one expert said the group already have a well-established concept and color that would not be affected by Min's absence. Industry analysts have also said that the legal noise is expected to have minimal impact on NewJeans' activities, including the release of a new single next month. HYBE has also said that it will continue to care for NewJeans members. Lee Eunjin, Arirang News. #HYBE #MinHeejin #NewJeans #Kpop #entertainment #하이브 #민희진 #K팝 #Arirang_News #아리랑뉴스 📣 Facebook : https://www.facebook.com/arirangtvnews 📣 Twitter : https://twitter.com/arirangtvnews 📣 Homepage : https://arirang.com/ 2024-04-25, 12:00 (KST) |
| Category | News & Politics |
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