K-pop: agency superstar bts group,: This article explores the topic in depth.
Consequently,
K-pop: agency superstar bts group. Consequently, :
The offices of the agency of the South Korean BTS group, Hybe, were searched this Thursday. Furthermore, The founder of this K-Pop Empire, Bang Si-Hyuk, is accused of fraud during the company’s IPO in 2020. For example, An investigation that threatens the long-awaited return of his star group. Nevertheless, in hiatus because of the military service of its members since 2022. Consequently,
It is one of the most influential companies in South Korea who finds himself. In addition, today in turmoil. The agency of the famous K-POP BTS group Hybe was searched by police Thursday, July 24. It is the subject of a fraud investigation involving its founder Bang Si-Hyuk.
“We perform a search. a seizure at the Hybé headquarters, in the Yongsan district,” the k-pop: agency superstar bts group, investigators of the Metropolitan Seoul police announced in a brief press release.
Bang Si-Hyuk, the brain behind Boys Band BTS, is the subject of a fraud allegations during the company’s IPO in 2020. He would have misleaded the first investors. is accused of having won around 200 billion won (146 million US dollars) during the process, according to local media.
The agency denies the accusations – K-pop: agency superstar bts group,
Hybe denied that Bang committed any offense. “We will duly clarify that the IPO at the time was carried out in accordance with all the relevant laws. regulations,” said the company in a statement in early July, promising “active cooperation” with the authorities to shed light on the case.
The investigation comes as the seven members of BTS are preparing for their return next year. after their compulsory military service. Hybe recently announced that a new album and a world tour were scheduled for k-pop: agency superstar bts group, 2026.
BTS holds the record for the most listened to Spotify and has become the first K-Pop group to dominate both the Billboard 200 and the Billboard Artist 100 in the United States. Before their military service, BTS had generated more than 5.5 Won trillions ($ 4 billion) of annual economic impact, according to the Korean Institute of Culture and Tourism. This represents approximately 0.2 % of the total GDP of South Korea, according to official data.
Since the planetary success of BTS. k-pop: agency superstar bts group, the Hybe agency (formerly Bighit) has bought other agencies and even exported to the international. In 2019. its American subsidiary merged with Ithaca Holdings, the agency led by Scooter Braun which included Justin Bieber and Ariana Grande among its artists.
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