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Friday, November 29, 2024

HYBE Reportedly Loses Nearly Half A Billion Dollars After NewJeans’ Departure

On November 28, KST, NewJeans held an emergency press conference and confirmed that they would be leaving ADOR, terminating their exclusive contract with the label. NewJeans | Hankyung According to reports on November 29, KST, the group’s departure has cost HYBE a whopping $423 million USD. NewJeans’ departure came after months of escalations between them…

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