HYBE, ADOR and NewJeans

NewJeans's girl group exit causes HYBE to lose near half billion dollars
HYBE is reportedly facing a major setback after the popular girl group, who were at the peak of their career, announced their exit from the agency. Citi
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 subsidiary ADOR. The shocking announcement has sent ripples… The post NewJeans Exits HYBE’s ADOR: Here’s What Fans Need to Know appeared first on Where Is The Buzz | Breaking News,
NewJeans' contract termination with ADOR causes a loss of about $423 million to HYBE
The sudden exit of K-pop group NewJeans from ADOR has caused HYBE's market value to drop by over $423 million, according to CNBC.
'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 Announces Departure from ADOR Amid Ongoing Dispute
In response, ADOR maintained that its agreement with NewJeans “remains in full effect.” The label urged the group to continue collaborating on upcoming projects. “We respectfully request that the group continue its collaboration with ADOR,” the statement read, according to Reuters.
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 director, Min Hee-jin.
K-Pop Superstars NewJeans Breaks Up With Korean Entertainment Agency Hybe
The announcement comes after a months-long internal company dispute between the BTS agency and its subsidiary Ador, which manages NewJeans.
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,
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 ...
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HYBE and Chairman Bang Si-hyuk under investigation by South Korea’s financial regulator over ‘secret’ shareholder contracts in IPO (report)
HYBE allegedly made a nearly $340 million profit off an agreement with private equity firms that was apparently not disclosed ...
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 ...
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"That company deserved to dismantle"- Fans react as HYBE reported to lose $423 million in value due to NewJeans' contract termination
On November 29, 2024, ADOR's girl group, NewJeans, terminated their group contract despite having three more years remaining in the agreement. The group held an emergency press conference in ...
Korea Joongang Daily on MSN10h
Min Hee-jin files defamation suit against Dispatch reporters, HYBE's ex-CEO and PR chief
Min Hee-jin filed a defamation case against two reporters from entertainment media outlet Dispatch, as well as HYBE's ex-CEO ...
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NewJeans strife angers investors
Shareholders of K-pop powerhouse HYBE are dissatisfied with the company’s management style after NewJeans announced it would ...
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5 things to know about NewJeans' shock split from agency
Chart-topping group NewJeans shocked the K-pop world with their announcement that they are quitting their label ADOR over ...
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NewJeans ditch deal with Ador to avoid “mental distress”, but Ador says contract “remains in full effect”
Earlier this month NewJeans demanded that their label Ador address a list of grievances. It having failed to do so, the K-pop ...