News HYBE doubles down on Latin America with new label, signs Mexican artist Meme del Real Del Real, known for his work with multiple Latin Grammy Award-winning rock band Café Tacvba, has already released his first single under the new label
News SM Entertainment majority shareholder Kakao is building a superfan app to take on HYBE’s Weverse (report) Unlike HYBE's Weverse, Kakao’s BERRIZ will incorporate content from Korean movies, dramas, and webtoons
News K-pop group NewJeans hires law firm, plans name change as HYBE dispute escalates The group alleges that ADOR held secret meetings with their parents, attempting to create division within NewJeans
Analysis News Weverse hit 150m lifetime downloads, saw 19% user growth in 2024, as Ariana Grande, Dua Lipa join superfan platform '2024 was a transformative year for Weverse,' said Joon Choi, President of Weverse Company
News HYBE’s ADOR takes legal action to block NewJeans from seeking independent advertising deals The HYBE-owned label says it's seeking to protect its position as NewJeans' exclusive management agency
News NewJeans respond to ADOR’s lawsuit: ‘We are likely to suffer even more harm in the future’ The ongoing dispute between ADOR and NewJeans is part of a larger internal conflict involving former ADOR CEO and creative director Min Hee-jin
Analysis News From ADOR’s NewJeans lawsuit to the biggest music deals of 2024… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News HYBE’s ADOR label files lawsuit over NewJeans deal dispute, says K-Pop group’s exclusive contract ‘cannot be unilaterally terminated’ 'With a heavy heart, we believe it is important to clarify any misunderstanding that the exclusive contract with the artist has been lawfully terminated'
News 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 to investors
Analysis News From Drake’s legal action to Spotify execs’ big cash-out… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News 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’ "Staying at the agency will only prolong our psychological pain and waste our time," group member Hanni said
News Seon Jeong Shin promoted to President of HYBE’s BIGHIT MUSIC, the label home of BTS and Tomorrow x Together Exec is credited with playing an 'instrumental' role in the creation and early success of BTS.
News Min Hee-jin resigns as director of HYBE’s Ador label, as NewJeans threaten to walk away In a letter circulated to media, Min said she plans to hold HYBE accountable for what she called "illegal activities"
News HYBE’s Weverse Magazine issues statement distancing itself from controversial internal document HYBE's controversial "music industry report" was drawn up by Weverse Magazine's top editor
Analysis News HYBE wants to change fan culture in US, Latin music, and 4 other things we learned on the company’s latest earnings call Fun fact: Less than a third of HYBE's recorded music revenue comes from streaming