Min Hee-jin denied allegations regarding the privatization of NewJeans.
This lawsuit highlights significant restructuring in management within the K-pop industry.
[TV Daily Kim Jin-seok] The final proceedings of the stock trading payment lawsuit between HYBE and former ADOR CEO Min Hee-jin took place in the Seoul Central District Court. On the 15th, HYBE emphasized that the broad management authority and funding granted to Min Hee-jin were backed by her intent to seek independence with NewJeans. During three testimonies, Min Hee-jin strongly denied any allegations regarding the group. HYBE highlighted that Min's efforts to potentially privatize ADOR and NewJeans were grounds for contract termination.
The legal dispute between HYBE and Min Hee-jin extends beyond a mere contractual issue, highlighting critical discussions about power dynamics and management efficiency within the K-pop industry. Min Hee-jin's push for ADOR's independence could redefine the relationships between agencies and artists, suggesting a new model of management in modern music. Furthermore, the success of NewJeans, bolstered by a robust fandom, demonstrates the validity of Min's management style.
This article is KOSTAR’s reinterpretation of a story originally reported by TVDaily.
Photo: DB
