In Rare Revolt, Girl Group NewJeans Accuses Major K-Pop Label, Hybe, of Discrimination ...Middle East

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In Rare Revolt, Girl Group NewJeans Accuses Major K-Pop Label, Hybe, of Discrimination
Popular K-pop group NewJeans took to YouTube to demand Hybe Co. reinstate their ousted long-time producer by Sept. 25, escalating an ongoing dispute and stunning an industry controlled by a handful of powerful management firms. Hybe’s shares dived as much as 6.2%—their biggest intraday fall in a month—after the five-member group announced their demands in a surprise YouTube live-stream Wednesday evening. The women accused Hybe of discrimination and called for measures to protect NewJeans, one of the most lucrative and popular K-pop bands that generated 100 billion won ($73 million) of revenue last year, according to a company filing. [time-brightcove not-tgx=”true”] Read More:

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