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Big Hit announced its rebranding into an entertainment lifestyle platform company under the name Hybe Corporation in March 2021. [44] The company underwent a complete organizational restructuring, which also saw the recording and management arm of Big Hit Entertainment spun off into an independent label named Big Hit Music under Hybe's new Labels division.
Weverse (Korean: 위버스; RR: wibeoseu) is a South Korean mobile app and web platform created by South Korean entertainment company Hybe Corporation.The app specializes in hosting multimedia content, the sale of artist-related merchandise, content subscription, and artist-to-fan communications for artists.
With the change, the Big Hit record label was renamed Big Hit Music . [18] [19] [20] On April 1, 2021, Hybe announced through a board resolution that it would separate the label business (Big Hit Music) from Hybe and establish a new company with 100% of the stake held by Hybe. [21] On July 1, 2021, Big Hit Music became a subsidiary of Hybe. [22]
Hybe reported that this was a 58% increase year-over-year in individual users. The presence certain big-name musical acts have on Weverse is comparable to other mainstream social media platforms.
BTS Label Owner HYBE Merges With Scooter Braun’s Ithaca Holdings for $1 Billion (EXCLUSIVE) Shirley Halperin and Patrick Frater. April 2, 2021 at 3:50 AM.
The label is home to Bumzu, Hwang Min-hyun, Baekho, and groups Seventeen and TWS. [5] [6] Its name originates from the Pleiades, a star cluster in the constellation Taurus. [7] On May 25, 2020, Hybe Corporation became its majority shareholder, but Pledis remains an independent label.
HYBE Corp., the biggest corporation in the South Korean pop music scene, has begun an audit into ADOR, the label responsible for K-pop act NewJeans. HYBE says that executives at the majority-owned ...
Source Music (Korean: 쏘스뮤직; RR: ssoseumyujik) is a South Korean record label established in 2009 by So Sung-jin.In July 2019, the company was acquired by Hybe Corporation, making the company part of the collective term "Hybe Labels".
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