Will min heejin's Ador label ever be able to escape the clutches of Hybe ?
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HYBE owns 80% of ADOR.
Used to be 100, but they sold 20% to Min Heejin last year so she can feel she has some footing in the company.
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But all she is- is the appointed CEO of ADOR lol, she doesn't own it and never did.
HYBE made ADOR in 2021 for Min Heejin and let her be able to run it as her company, but it's initially HYBEs.
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Far as in her one day taking NewJeans and the new ADOR boy group And kicking rocks to build their own establishment???? I don't know if she could do that.
She herself can leave when her contract up, but I doubt she can take the groups with her out of HYBE.
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7 year contracts, so maybe in 5 more years.
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Why would she tho? Like she can basically do whatever she wanted with unlimited money
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Why would she tho? Like she can basically do whatever she wanted with unlimited money
Pretty much
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If they have a huge cash inflow and profits but to get from 20% to more than 50% of shares is not easy
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