>>> HYBE America Label is $30 million dollars in debt <<<
I personally feel like HYBE was dumb asf paying $1 Billion dollars for Ithaca Holdings.
Bang PD is so starved to make it in America (apart from BTS & seemingly NewJeans), that he's following Scooter Braun lead....meanwhile Scooter lately hasn't been making no good decisions for HYBE at all.
Scooter made Bang PD pay $300 Million dollars for QC Records, when that's also a dying label..because the City Girls ain't making no big moves together, Lil Baby music been mid, and The Migos clearly separated.
So another waste of money.
Now Bang PD tryna go the Spanish route
I wonder how much papa 🛴 gonna make him pay for some Latin labels...probably another $500 million bucks.
Keep listening to the White man..he gonna empty them damn pockets, watch
or at least till BTS come out the military lol
---------------------------------------------
Screenshot_20231115_150505_X.jpg