Is HYBE Exploiting Its Labels? Questions About Huge “Tuition Fee” Lead To Demand For Tax Investigation
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A Korean news outlet reported that HYBE is collecting “tuition” from its labels, excluding BIGHIT MUSIC, which houses BTS. The “suspicious” fund flow setup has since triggered demands from Koreans who believe the transactions to be a form of racketeering. HYBE | News1 Dealsite reported on November 6, 2024 (KST) that, in 2023 alone, HYBE collected ₩15.7 billion…
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