News HYBE acquires again, adding Los Angeles-based VIP experiences company Confirmed360 to its portfolio of subsidiaries 'HYBE AMERICA acquired Confirmed360, aiming to solidify its live events and experiences portfolio in the United States'.
News HYBE says it poured $14.4M into NewJeans, claims each member received $3.4M in settlement NewJeans realleged that HYBE and ADOR “continuously sidelined” them and sought to replace them with another group
News HYBE partners with South Korean police to combat deepfake crimes against K-Pop artists Deal includes expedited investigation processes and the establishment of a reporting hotline in South Korea
Analysis News BTS, once HYBE’s top earner, accounted for below 20% of the K-Pop giant’s revenues in 2024 HYBE is still feeling effect of BTS's absence
News HYBE revenue soared to an all time high of $1.65bn in 2024, but operating profit dropped 37.5% YoY The company has announced plans to roll out a new group through its Latin America division
News HYBE’s Bang Si-hyuk, Scooter Braun partner with Ryan Tedder to launch global search for new boy group The new venture follows HYBE’s recent success with KATSEYE, their first global girl group launched in partnership with Universal Music Group’s Geffen Records
News K-pop business could ‘collapse’ if NewJeans controversy sets a precedent, industry groups in South Korea warn The music industry groups are urging the government to implement regulations against poaching of artists who are under exclusive contracts
News HYBE’s AI voice cloning company Supertone unveils text-to-speech tool that can create a custom voice ‘in just 10 seconds’ Supertone says its tool includes safeguards to prevent it from being used in deepfakes
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…