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