“ADOR is a label that started with guaranteed autonomy, so it has no ties with HYBE’s management,” Min said. In a 2022 Billboard interview shortly after NewJeans’ debut, Min described her move away from Source Music by noting that “there would have been a number of different challenges involved” at the time and that she instead focused on creating “an independent label,” which became ADOR. Meet NewJeans: HYBE’s Global Breakout Girl Group Where ‘Everything Was Riding on Secrecy… The company will meet legal representatives of the respective members as soon as possible to discuss the plan to protect the act.Īs previously reported, Min earned an 18% stake in ADOR in late 2023, when HYBE moved from full ownership of the label to 80%, with the additional 2% owned by other company executives.įollowing Min Hee-jin and ADOR going on the offensive with interviews and multiple statements to various Korean media alleging that HYBE has been exploiting ADOR and allowing NewJeans’ concept to be plagiarized, the K-pop industry veteran held a press conference with her lawyers that lasted more than two hours on Friday.

In the meantime, HYBE will continue to provide attentive mental and emotional care to the company’s artist NewJeans and best support for their upcoming comeback.

The auditee also admitted to creating the documents to attack HYBE.

One of the audited parties submitted information assets to seize the management of ADOR and to attempt to contact external investors. HYBE secured substantial evidence to prove that Min deliberately led the plan to take over management control of the subsidiary, through the audit process. The evidence included detailed discussions that Min has ordered the ADOR management to find ways to pressure HYBE into ultimately selling ADOR’s shares. On April 25 KST, HYBE announced that the company will report CEO Min Hee-Jin of its subsidiary label ADOR to police for a breach of trust and other related allegations today.

Just press record documentation