This decision is interpreted as a calculated strategy for attracting new investors.
It is a measure considering the impact of legal disputes on relationships with artists and investment environments.
Former Adore CEO Min Hee-jin announced that she would forgo her 25.5 billion won put option with HYBE. However, this proposal comes with specific conditions, including the withdrawal of all related lawsuits. Why did Min Hee-jin make such an extreme decision? This appears to be a calculated negotiation strategy rather than a mere sacrifice. The essence of her press conference reveals a typical negotiation pattern of "giving up A in exchange for B." Here, A represents the 25.5 billion won she is willing to forfeit, while B encompasses the various lawsuits involving HYBE and its labels.
Min Hee-jin's decision stemmed from an urgent need to attract new investors. Ongoing legal issues, particularly those related to Daniel, could pose significant risks that might affect future investments. In this context, her forgoing the 25.5 billion won could be seen as a first step towards securing smoother investment opportunities. <br>As the legal disputes involving Daniel and the NewJeans members continue, this may send negative signals to investors who prioritize trust and stability. Min Hee-jin aimed to improve her relations with the artists while simultaneously laying a foundation for future business opportunities. <br>Ultimately, her strategy appears to focus on creating a more attractive environment for potential investors, demonstrating a clear setting of objectives and actions aligned with them.
This article is KOSTAR’s reinterpretation of a story originally reported by TVDaily.
Photo: TVDaily
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