HYBE

ADOR reveals continued payments to NewJeans despite contract dispute

The HYBE-owned agency said a total of $20 million had been invested in NewJeans’ debut

You’ve heard of superfan app Weverse. Now the parent company of HYBE’s arch-rival has launched a direct competitor. Meet Berriz.

In addition to music fans, Berriz will also cater to fans of drama, film, webtoons, musicals, and other IP

HYBE – Director, Brands & Ventures (US)

Required: Minimum of 7+ years of experience in business development, sales, and creative dealmaking within the music/entertainment industry, with a proven track record of securing brand financial commitments

Job type: Operations

Location: Atlanta, United States

Application deadline: April 19, 2025

News

NewJeans announce hiatus after court grants injunction to HYBE-owned ADOR

ADOR said it hopes to meet with NewJeans “as soon as possible to discuss the path forward.”

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Court in South Korea blocks NewJeans from leaving HYBE-owned label ADOR

'With our status as NewJeans' exclusive agency now legally affirmed, we are fully committed to supporting the artists going forward.'

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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'.

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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

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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

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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

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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

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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

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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

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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

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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