Welp, now this is definitely a major development in their ongoing feud.
HYBE has already organized a brand-new management for its subsidiary label ADOR, much to the displeasure of stans. This new management already includes a brand-new CEO, who will replace ADOR’s current CEO Min Hee-jin.
Min Hee-jin’s removal as CEO is most likely to happen during ADOR’s upcoming shareholders’ meeting, which is scheduled for May 31, 2024. As the owner of an 80% stake in ADOR, HYBE is also likely to use their voting rights to remove Min Hee-jin and replace her and her entire management with their newly arranged one.
HYBE is also set to share the results of their audit on ADOR during the meeting, as well as present other evidence stating that Min Hee-jin had been planning a coup. In turn, Min Hee-jin will possibly present evidence to disprove HYBE’s statements and demand HYBE to honor their previous 5-year CEO term agreement.
Social media users were obviously not pleased with this report and said that HYBE was absolutely “shameless” for doing this. Others also wished for HYBE’s downfall and wished for NewJeans to have a new home.
their new CEO will be just another soulless puppet that agrees with every single shitty idea that comes out of BSH mouth. they’ll probably go golf and drink together
they don’t know the girls and their needs… they don’t know the long term plans. they wont have the vision https://t.co/1vxsi5Pxlp pic.twitter.com/1rrRxijiWD
— gomdittoz 🍒 (@gomdittoz) May 12, 2024
NewJeans is the victim of a jealous man who couldn't stand a woman doing her job better. Mediaplay, lies and even copying MHJ's formula. I'm glad to know that SK are with the girls, and I hope there is a boycott against that company. https://t.co/WqYhQ0xBHU
— 미연 / Rodrigo 🦋 Miyeon solo is coming ! (@RodrigoAsbun) May 12, 2024
don't you find it a bit suspicious that they've already found a new ceo? usually, this process takes months, even a year. it's not that easy to find someone excellent in business strategy, content production, promotion and marketing, public relations, and so on https://t.co/TR4FmxVpxK
— natalia (@retrokki) May 12, 2024
the issue here is they aren’t waiting for any actual court verdicts that either support or disapprove their accusations to go through with their plans? that tells me they wanted ador management gone regardless of the truth. https://t.co/Jti5KS4TY3
— odessa ꕤ ★ °✩⋆˙ (@hyeindolls) May 12, 2024
And HYBE is trying to convince us it didn't plan this attack? It seems like HYBE had set everything in place a long time ago. You should investigate who is breaching who. https://t.co/C9hretFA4s
— Yui (@yuijeans) May 12, 2024
They should’ve chosen new ceo and management team for hybe because these man are messing up the whole industry especially that Zionist guy
— ✨JAS✨ 🐰 김가람🤍🇵🇸 (@Garamkimitgirl) May 11, 2024
i am going to throw up https://t.co/PPBLZWi96K
— 🎀 (@70minji) May 12, 2024
That means no good quality music anymore. Hybe you fucking misogynistic company https://t.co/yIRWocwAT6
— taehaejea (@TaeSaranghoe) May 12, 2024
The outcome of this will not only shape ADOR’s future but also have lasting implications for the artists under its wing, particularly NewJeans, whose fans are fervently hoping for a favorable resolution.
Other POP! stories that you might like:
HYBE allegedly conducts coercive audit on ADOR’s style team director
Kim Ji Won’s airport arrival sparks dating rumors with fellow ‘Queen of Tears’ lead, Kim Soo Hyun
K-pop star Ailee reportedly set to marry ‘Single’s Inferno’ contestant Choi Si Hoon
TWICE Nayeon announces her second solo album ‘NA,’ for June 14 release
‘HaeSoo’ fans in a frenzy after Jung Hae In sends food truck to BLACKPINK’s Jisoo as support
