Hybe has announced interim audit results. According to the audit,...
TMIKpop@tmikpop
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Oct 09, 2025
~2 min read
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Hybe has announced interim audit results. According to the audit, Hybe has found secured evidence that under the leadership of Ador CEO there was a plan to take over management rights of Ador. One of the audit subjects admitted that the information assets contained plans
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On how to seize management rights as well as outside investor contact and prepared documents to attack Hybe to achieve the goals. According to witness statements and conversations documented on the information assets,
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ADOR CEO instructed management to come up with a plan to pressure Hybe to sell its stake in ADOR. In response to this directive, ways to terminate the exclusive artist contact, invalidate the contract between ADOR CEO and HYBE were discussed in detail.
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Additional conversations included grabbing global funds and making a deal with HYBE, criticizing every action of Hybe, ways to harass HYBE, prep for May’s public opinion battle, and making ADOR an empty shell and then taking it. HYBE also obtained a witness statement that the
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document “ultimately escape” was written after the instruction by Ador CEO. Based on this, HYBE will file a lawsuit alleging breach of fiduciary duty, etc. against all those involved.
Screenshot is a three person group chat laying out the above and MHJ replying “daebak”
Screenshot is a three person group chat laying out the above and MHJ replying “daebak”
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They also plan to meet with the legal representatives of the members of NewJeans as soon as possible to discuss the best ways to protect the members.
Park Jiwon apologizes to everyone for what happened in advancing the multi label system
Park Jiwon apologizes to everyone for what happened in advancing the multi label system
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and will do his best to help the psychological healing process for the artists, the most precious assets in kpop
n.news.naver.com/article/015/00…
n.news.naver.com/article/015/00…
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Some are asking why is this public but a publicly traded company is required to disclose any material information that may impact an investor’s decision. If you may recall, there were discussions about whether there should be specific regulations on the reporting of contract
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renewals after BP delayed for so long. There were also discussions after BTS’ Festa dinner announcement that was construed as a group hiatus that more specific regulations be imposed. The removal of the head of one of the major subsidiaries requires a public disclosure