Hybe about to start handing out the payola packages like Oprah Winfrey
BangPD's master plan is to be the UMG of Kpop wbk. I think that's the only reason he went after SM. My guess is that he planned to bring them into the fold, keep the useful money making pieces and dismantle the rest 
. With SM under him, it would have only been a matter of time before JYP, YGE, Cube, Starshit and everyone else would be forced to choose - join Hybe as a sublabel or be thrown into Siberia 
Knetz love conglomerate.
We are in the dark times everyone 
Okaaaayyyy
Whats a
Conglomerate
As of now any korean company that reaches above 5 trillion Korean Won in assets gets automatically labeled as a conglomerate by the FTC. They were planning to change the criteria (which hybe wouldn't match) but it's still not enacted.
Hybe will now be obliged to disclose more company stuff like who are the major shareholders (some speculate also more info about artist's contracts) and limit the amount of internal transactions. But as it's the first Korean entertainment company to ever be labeled a conglomerate a lot is still unknown what exactly the FTC will demand of hybe.
This is a disgrace
As of now any korean company that reaches above 5 trillion Korean Won in assets gets automatically labeled as a conglomerate by the FTC. They were planning to change the criteria (which hybe wouldn't match) but it's still not enacted.
Hybe will now be obliged to disclose more company stuff like who are the major shareholders (some speculate also more info about artist's contracts) and limit the amount of internal transactions. But as it's the first Korean entertainment company to ever be labeled a conglomerate a lot is still unknown what exactly the FTC will demand of hybe.
so I assume hybe has more than 5 trillion won in assets
interesting
cheers mate
so they are a conglomerate
but in this case do we know if Bang PD still has most shares? because if yes then he is
CHAEBOL
xD
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