HYBE Accuses ADOR CEO Min Hee-jin of Breach of Trust Amidst Ongoing Label Dispute
The conflict escalates as HYBE files a police report against Min Hee-jin, alleging attempts to break away and manage NewJeans independently.
- HYBE has launched an audit and filed a police report against ADOR CEO Min Hee-jin, accusing her of attempting to take the subsidiary independent.
- Min Hee-jin denies the allegations, claiming HYBE's actions are retaliatory and aimed at dismissing her over internal complaints.
- The dispute has negatively impacted HYBE's share prices, which have fallen by approximately 12% since the audit announcement.
- NewJeans, managed by ADOR, continues to prepare for upcoming music releases despite the label controversy.
- Industry insiders suggest that the conflict tests HYBE’s multi-label system, which promotes competition among its various K-pop groups.