K-pop record label sees valuation drop by $420 million on NewJeans exit

Hybe saw its share price drop by 7% after NewJeans announced plans to cut ties with the label over alleged mistreatment

Topics

South Korea's largest K-pop agency loses $423 million in value as girl group NewJeans set to part ways

The group claimed that there was a breach of contract by their label ADOR, which is a sublabel of K-pop powerhouse Hybe.
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K-Pop group NewJeans split from agency in mistreatment row

The split is the latest in a year-long controversy that has involved a workplace harassment hearing.
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Zara Aleena killer sees further charge dropped

A charge against Jordan McSweeney is dropped as a prison worker admits "inappropriate relationship".
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Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.
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Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.
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Millions in Northeast and Midwest see first snowfall of the season

An abrupt change in weather is bringing the first significant snow of the season across the country, with a powerful snow storm blanketing areas of the Northeast and Midwest. NBC’s Sam Brock ...
Top stories - NBC News - November 22

K-pop record label sees valuation drop by $420 million on NewJeans exit

Topics

Related

South Korea's largest K-pop agency loses $423 million in value as girl group NewJeans set to part ways

K-Pop group NewJeans split from agency in mistreatment row

Russia is dropping millions on pay for up to 100,000 North Korean soldiers. They're unlikely to see much of it.

Veteran homelessness drops to record low

Zara Aleena killer sees further charge dropped

DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Millions in Northeast and Midwest see first snowfall of the season

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