Record giant Hybe audits NewJeans label as infighting returns to K-pop

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Record giant Hybe audits NewJeans label as infighting returns to K-pop
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SEOUL — South Korea's largest music company is auditing the management of one of its labels as it suspects they are planning to break away, the latest case of infighting in K-pop, one of the world's most popular and profitable music industries.

NewJeans attend the Billboard Women in Music Awards in Inglewood, California, US on March 6, 2024.SEOUL — South Korea's largest music company is auditing the management of one of its labels as it suspects they are planning to break away, the latest case of infighting in K-pop, one of the world's most popular and profitable music industries.

Min is credited with creating popular girl group NewJeans, and together with other executives owns a 20 per cent stake in ADOR. NewJeans is set to release a new single next month. Fifty Fifty, a girl group behind TikTok hit "Cupid," also saw their career fizzle out following a legal battle with its agency Attrakt in 2023.

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