Hybe, K-pop's largest agency, gains $282 million in market cap after sublabel CEO steps down

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Hybe, K-pop's largest agency, gains $282 million in market cap after sublabel CEO steps down
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Min reportedly said, however, that 'the decision was illegal' and made 'unilaterally.'

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The move is the latest development in a long running legal battle between Hybe and now former ADOR CEO Min Hee Jin

Shares of Kospi-listed Hybe popped as much as 4.97% on Wednesday after Min Hee-jin, the former CEO of sublabel ADOR, stepped down on Tuesday after market hours. SEOUL, SOUTH KOREA - August 01: NewJeans attends Hyundai Department Store Duty Free 'EVERYDAY HYUNDAY' event at Hyundai Department Store Duty Free Dongdaemun in Jung-gu on August 01, 2024 in Seoul, South Korea.South Korean media, however, reported Min said in a statement "

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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Hybe, K-pop's largest agency, gains $282 million in market cap after sublabel CEO steps downHybe, K-pop's largest agency, gains $282 million in market cap after sublabel CEO steps downMin reportedly said, however, that “the decision was illegal” and made “unilaterally.”
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HYBE Announces Details For New Business Strategy HYBE 2.0HYBE Announces Details For New Business Strategy HYBE 2.0HYBE has unveiled its new business strategy! As hinted at last week by former HYBE CEO Park Ji Won, HYBE has launched a new mid-to-long-term growth strategy dubbed “HYBE 2.0.
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