Bang Si Hyuk personally addresses concerns of a 'monopoly' in the K-Pop industry in an interview with CNN | allkpop

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Bang Si Hyuk personally addresses concerns of a 'monopoly' in the K-Pop industry in an interview with CNN

has decided to address concerns over a potential"monopoly" or"oligopoly" of the K-Pop Industry, in an interview withAgainst a stream of very direct questions, such as ones asking why HYBE would want to go against the current management ofin acquiring the K-Pop label and what vision he has in mind for the future once

the acquisition is complete, Bang Si Hyuk demonstrated a professional attitude as he gave concise, thoughtful answers. Meanwhile, the general board meeting of shareholders at SM Entertainment will take place on March 31, with HYBE seeking to secure majority support of shareholders for the installation of a new board.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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What is he talking? 😂😂🤣🤣

Fat greedy pig is the English translation for Bang Si Hyuk

Hybe doesn't need bunch of artists who can't write and produce their own music 🤣🤣🤣🤣

Interview with CNN, and Richard Quest as the host. This is how you do business PR, not by uploading videos to youtube, promising vaporware and pipeline dreams to the gullible public.

Bro you're literally buying out your competitors, middle size companies, increasing the merch and ticket prices, homogenising goods. You wanna be on top, we get it. But stop pretending like you're doing it for anything other than profit. 'Saving kpop' my ass. It never needed you

ini doi kenapose sik nen diansatya 🙄

How can HYBE expand KPOP globally while destroying it domestically? 😭

action speak louder than words

Yes, they try to take over everything.

preeeeeeeet

bang sihyuk MIN HEEJIN

Hate this bango

Y'all in the comments need to touch some grass

😂😂😂

hybe didnt one to be called greedy.... they just address it as 'colaboration' SM just really ruin everything i still dont get why LSM let go his shares to hybe SM is big why need hybe to 'help' them with anything....

Kpopies are honestly hilarious, i love how yall became business experts now ☠️

sm stans are really weird and sticking to what they believe when all this happened because of lsm 💀💀💀

Why are they taking it this far damnn💀

i need bang to shut up, stop lying and stop buying competition. does he think we're dumb enough to believe him?

Bang and hybe after their big group enlists

🙄😑🙄😑🙄😑

bang is so full of sh!t

Can't this man of hybe just stop buying everything ? He's the one out on mission to aquire every major company and wanting people to support him... Like WTF bro, k-pop is not at all about BTS and your groups 😭

hybe is slowing down due to their big group enlistment, kpop as a whole is doing GREAT. and buying your biggest competitors is clear monopoly practice bang needs to stop lying abt 'saving kpop' and doing business with that crook lee soo man. lsm should be in jail anyway, period

“We’re not going to buy out the whole industry… just a bunch of smaller companies… and our next largest competitor… and we’re going to buy and shut down competitors to our products like vlive… but we pinky promise that’s it”

company stans need to stop defending this. the whole thing is shady as hell with hybe paying lee sooman millions of dollars to influence the decision

Ahhh, Okay...

'We're not trying to take the whole industry', but still takeover everything under your yellow label, even trying to jump on SM's management. What's that HYBEOFFICIALtwt

BIGHIT RESPECT JUNGKOOK HYBE CREDIT JUNGKOOK ON KOMCA HYBECORRUPT 정국 JUNGKOOK 정국 JUNGKOOK BTS_twt HYBEOFFICIALtwt BIGHIT_MUSIC bts_bighit

BIGHIT RESPECT JUNGKOOK HYBE CREDIT JUNGKOOK ON KOMCA HYBECORRUPT 정국 JUNGKOOK 정국 JUNGKOOK BTS_twt HYBEOFFICIALtwt BIGHIT_MUSIC bts_bighit

Buying your competitors sounds pretty anti-monopoly, yes. 🤡

Bang PD is really a visionary & we've to believe it bcz if he weren't that organised, all BTS money would go waste & couldn't make today's HYBE. Meanwhile kakao just brought 'slave contract' in return, never explained their side of vision for future kpop.

I think people are being over sensitive here 🙂

With SM, hybe controls almost half of the industry and he claims it is not monopoly Those who can't see this as a monopoly are either blind or just pure delusional Everyone in the industry must be bowing down to hybe by now 😒 Kpop is doomed lol

but y’all were like trying to acquire sm

LET'S ALL LAUGH AT BANG SIHYUK 😂😂😂😂😂😂😂

I see it now, what kinda man he is.

I'm tired of their PR and LIES

then he need to stop acquiring everything

Don't think i have a bad view of hybe, but i've never seen a businessman who hasn't tried to be on top, rule everything, lead everything, set the benchmark and of course make a lot of money.

They shouldn’t allowed Hybe to buy SMent because both are giants in the market and the industry needs variety

If you're really not trying to take over the whole industry, then give up your shares of SM and all the other companies you've taken over. Nobody believes your lies anymore.

Agree that the current management of SM must be changed(I'll never forgive them for not treating WayV fair!) but what guarantee can HYBE give that they will keep their promise that SM will be an independent label and Hybe will not interfere with SM❓❗🤨

Nothing but lies.

Is it time to laugh now?

In short, it denies that it is a monopoly or oligopoly, but obviously those who already have a negative thought towards Hybe, will not believe it.

Why haven’t I known about this interview!!! Do I have to stay out of twitter for things to happen 😑

🤮

Monopoly at its finest

Sure ...

So this is how it ends....

“I’m not saying we are but I’m not saying we aren’t also”… 🤦‍♂️ 😆

💀💀💀💀

💀

Idk like what they really wants? 💀

Kpop was k-pop until HYBE decided to take over 💀

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