HYBE Chairman Bang Si-hyuk Investigated by South Korean Regulators Over $285M IPO Profit
The country’s Financial Supervisory Service is looking into whether Bang broke securities laws by striking profit-sharing deals with three major shareholders.
The country’s Financial Supervisory Service is looking into whether Bang broke securities laws by striking profit-sharing deals with three major shareholders.
The HYBE subsidiary maintains that its agreement with the K-pop group “remains in full effect.”
Shin’s promotion is the latest organizational change in the company’s push to expand to new territories and export the K-pop business model.
Following the ruling, the embattled executive vowed to go “all the way” in her legal pursuit to regain her former position.
A portion of the document, which includes harsh commentary on the K-pop industry and some young artists, was made public during a court hearing last week.
A portion of the document, which includes harsh commentary on the K-pop industry and some young artists, was made public during a court hearing last week.
A portion of the document, which includes harsh commentary on the K-pop industry and some young artists, was made public during a court hearing last week.
A portion of the document, which includes harsh commentary on the K-pop industry and some young artists, was made public during a court hearing last week.
The Billboard Global Music Index rose 4.1% to a record 1,873.87, bringing its year-to-date gain to 22.2%.
A tense war of words and a slew of lawsuits have ensued as the K-pop giant and CEO tangle for control of the popular girl group NewJeans.
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