NewJeans Challenges Hybe Over Producer's Removal, Citing Discrimination
In a surprise YouTube livestream, K-pop group NewJeans demands the reinstatement of their ousted producer Min Hee-jin by September 25, accusing Hybe of mistreatment.
- NewJeans held an unsanctioned YouTube livestream to call for the reinstatement of Min Hee-jin as CEO of their label, ADOR.
- The group accused Hybe of discrimination and mistreatment, citing incidents of being ignored and having personal information leaked.
- Hybe's stock dropped by 6% following the livestream, exacerbating a 27% market value loss since the conflict began in April.
- NewJeans claims that Hybe's new management has failed to address their concerns and protect their working environment.
- The group generated $73 million in revenue last year and has become one of the most lucrative acts under Hybe's umbrella.