• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Technology & Startups

K-Pop Group NewJeans Says They Will Split From Agency Hybe

November 29, 2024
in Technology & Startups
Reading Time: 3 mins read
A A
0
2
SHARES
4
VIEWS
Share on FacebookShare on Twitter


(Bloomberg) — K-pop superstars NewJeans officially declared they plan to part ways with Hybe Co., in a dramatic step that could spark legal battles between the music powerhouse and the girl group.

Most Read from Bloomberg

The chart-topping K-pop band said as of Nov. 29 they are terminating their exclusive contract with the group’s label ADOR, an affiliate of South Korea’s biggest music company Hybe. At an emergency press conference on Thursday night, NewJeans said the termination is due to the management firm’s breach of contract.

“We are well aware that from today we may not be able to use our current name NewJeans,” said NewJeans member Danielle. “However, that doesn’t mean that we are giving up on the name at all. We will continue to fight for new dreams regardless of our name. Just remember that NewJeans never dies.”

NewJeans’ unilateral decision to break up with Hybe comes after a months-long revolt against the agency. With a few years left on their original contract, an objection from the management company may result in legal actions that could drag on for months or years.

A representative for NewJeans stated that the group may go through legal proceedings if necessary once they hire a lawyer. It is unclear how the group can continue their activities, whether through a new entity or with another record label.

In response, ADOR expressed regret over the group’s decision and claimed the company has not violated the contract.

“The exclusive agreement between ADOR and the NewJeans members remains in full effect,” ADOR said in a statement via Hybe representatives. “Therefore, we respectfully request that the group continue its collaboration with ADOR on upcoming activities, as has been the practice to date.”

The internal strife came to public earlier this year when Hybe argued that Min Hee-jin, the producer behind the group, had attempted to seize control of the label. Min refuted the allegation and publicly denounced Hybe.

Min, who owns an 18% of stake in ADOR, was ordered by its board to step down from the top management role, while remaining as a board member and producer. NewJeans sent an ultimatum to Hybe, demanding the firm reinstate the ousted producer as chief executive officer.

Without Hybe’s decision to reinstate Min, the producer stepped down from the board and left the company last week, warning of legal actions against alleged illegal acts by Hybe.

NewJeans debuted in 2022 as a five-member act and quickly became one of the most popular K-pop bands globally, with hits like Attention and Super Shy. The group helped the music label generate about 110 billion won ($79 million) of revenue last year, contributing to about 5% of Hybe’s consolidated sales.

“We would certainly love to continue working with Min if we can,” said another member, Minji.

–With assistance from Denny Thomas.

(Adds ADOR statement in paragraph 6 and 7)

Most Read from Bloomberg Businessweek

©2024 Bloomberg L.P.

Tags: BloombergHybeNewJeans
Previous Post

China’s logistical dream: Beijing has a new plan to counter supply-chain threats

Next Post

In Europe, Forest Shrubs Are Migrating Toward Pollution

Related Posts

IATA expects sustainable aviation fuel production to double in 2025

June 1, 2025
5

Why AI is primed to be a huge benefit — and a major liability — for consulting’s Big Four

June 1, 2025
6
Next Post

In Europe, Forest Shrubs Are Migrating Toward Pollution

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Video appears to show Ukraine drone attack in Russia

Video appears to show Ukraine drone attack in Russia

June 1, 2025
India general admits jet losses in clash with Pakistan: Here’s what he said

India general admits jet losses in clash with Pakistan: Here’s what he said

June 1, 2025
Hudson’s Bay stores across Canada close for good Sunday

Hudson’s Bay stores across Canada close for good Sunday

June 1, 2025
Kiev says over 40 military aircraft destroyed in drone attack deep inside Russia

Kiev says over 40 military aircraft destroyed in drone attack deep inside Russia

June 1, 2025

Recent News

Video appears to show Ukraine drone attack in Russia

Video appears to show Ukraine drone attack in Russia

June 1, 2025
0
India general admits jet losses in clash with Pakistan: Here’s what he said

India general admits jet losses in clash with Pakistan: Here’s what he said

June 1, 2025
4
Hudson’s Bay stores across Canada close for good Sunday

Hudson’s Bay stores across Canada close for good Sunday

June 1, 2025
5
Kiev says over 40 military aircraft destroyed in drone attack deep inside Russia

Kiev says over 40 military aircraft destroyed in drone attack deep inside Russia

June 1, 2025
4

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Video appears to show Ukraine drone attack in Russia

Video appears to show Ukraine drone attack in Russia

June 1, 2025
India general admits jet losses in clash with Pakistan: Here’s what he said

India general admits jet losses in clash with Pakistan: Here’s what he said

June 1, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co