The beef between Hybe and MHJ actually makes me think about something regarding BTS

    Hybe has become too big now, even with BTS as their main moneymaker and the face of the company. This situation make me question whether these men truly hold a lot of power in their company, as people like to say? Hybe seems more dangerous now than ever, so I hope these men renew their contracts because they want to, not because they're forced to. The situation with MHJ confirms that a certain someone is quite petty. And it still irks me that BH/Hybe always pushes the members to sign contract renewals years early. I saw some Armys saying it's because the company needs to book venues for their tours later, but sorry I didn't buy it.


    I remember what Tae said in Suchwita about what happened mostly in 2018. They were already very big at that time and were bringing in a lot of money for BH, but they were burnt out. The company didn't even give them enough rest; he even thought about hurting himself just to get a little rest. It's ironic that Bang Si Hyuk was captured on a trip with his 21-year-old girlfriend that same year. Also, in that same year, they renewed their contracts early, and the next year, they finally got their first-ever long hiatus (1 month) in their careers.


    This is one reason why I'm actually glad they chose to go to the military instead of getting exemption. Hybe will likely continue to overwork them. Seventeen sold more albums than BTS last year, but Pledis' profits are still not even close to BH's. Hybe needs them to work continuously to keep generating money so Bang Si Hyuk and his comrades can keep investing and buying useless things.


    I know many would say they're grown-ass men who can make their own decisions, but this industry is just different. I just hope their new contract will extremely favor them and will allow them to venture in whatever they want to try so they have time for themselves as individuals. Most importantly, they will not overwork anymore.

    I'm always suspicious of any company that is rushing to sign their popular artists years ahead of their contract expiration date. Sometimes that can work in idol's favor but if idol is on the rise, it may not be. Contracts signed later would mean they could demand higher compensation and put more conditions due to their level of success/profitability and also them having more options available to them.


    Also, why I agree that people should stan the idol, not a company. Idol's interest generally line up with corporate interest in that when they're successful, corporate makes money so they want their idols to be successful. But this does not mean that it always does nor that they have the idol's best interest at heart.

    They could not only work them to the bone but there could be clauses in there that could limit their activity and limit their behavior and freedom of choice (maybe for a long time). There could even be a clause in there that prevents them from ever disclosing "company matters" or other such clause that will prevent them from revealing negative things about Hybe.


    There are a lot of things that could have gone into it. I hope they had an independent counsel that had no connection to Hybe thoroughly review their contract to protect their interest.


    ---

    edit: negative things about Hybe could include mistreatments. Not that they do but that it could cover a lot

    Edited once, last by oldies ().

    looking at hybe fanacial report today, its extremely weird how net profit of hybe America is minus 142 billion. Why such a big loss. Some of these executives are definitely channeling money into their personal offshore accounts. And definitely a lot of money laundering too. Top of the list would be scooter because hybe America is under him.


    Tbh, I think the only reason they are renewing with hybe is that there is no other kpop company which could manage them properly (hybe does a pretty decent job) and boys clearly don't want to go to management and administrative side, I still remember suga saying that he doesn't want to debut a group because he dont want to take responsibility for someone else's life and dreams.


    And unlike how many non-fans think they are not money hungry or greedy, if they were they would be having much more shares in hybe then they have now & we will have some legal fights between boys and hybe management or situation like min hee jin because still even in hiatus and military, the net profit for bighit was 140 billion, almost half of total profit of hybe.


    There is also an aspect of loyalty, which they probably could have for hybe. All of their staff and producers are in hybe and have been with them since debut. And as much I dislike bang PD, they clearly respect him a lot.

    Quote from Kitty_Saurus

    They renewed their contracts early for the 2nd time. I wonder what goes on behind the doors.

    After Baekhyun exposed SM for pressuring him into renewing his contract, I've become more skeptical of Kpop companies, especially the big ones. Hybe's spending habits are worrying. Last year, 11 out of their 18 subsidiaries operated at a loss, with their China branch losing 300 billion and Hybe America 142.4 billion. Even though Big Hit made the most profit at 140.3 billion, it's not enough to cover these losses. This shows that Hybe would struggle if BTS left. They'll likely do everything to keep them, especially with all members in the military, they will go to great lengths to retain them and reassure shareholders. MHJ isn't perfect, but their attempt to kill her through the media with all the mediaplays they are doing now instead of using proper channels makes me concerned about BTS's safety under the company.

    Quote from Tr12345

    After Baekhyun exposed SM for pressuring him into renewing his contract, I've become more skeptical of Kpop companies, especially the big ones. Hybe's spending habits are worrying. Last year, 11 out of their 18 subsidiaries operated at a loss, with their China branch losing 300 billion and Hybe America 142.4 billion. Even though Big Hit made the most profit at 140.3 billion, it's not enough to cover these losses. This shows that Hybe would struggle if BTS left. They'll likely do everything to keep them, especially with all members in the military, they will go to great lengths to retain them and reassure shareholders. MHJ isn't perfect, but their attempt to kill her through the media with all the mediaplays they are doing now instead of using proper channels makes me concerned about BTS's safety under the company.

    Their chinese branch lost 300 million not 300 billion.

    Well, we can only speculate about things. But I just hope they're renewing their contract because they want to, not due to any force or pressure, as many idols have spoken out about. As a popular group it's their image and name that will be tarnished the most if something goes wrong, not Bang Si Hyuk, not Hybe. And I hope BSH stops overworking them if he truly respects them as much as they respect him. They have constantly voice out how tired they are, how crazy their schedules are, and how little sleep they get. Not only once or twice. If nothing improves with their third contract, I'll just form my own opinions about what's happening behind the door.

    Quote from Tr12345

    Well, we can only speculate about things. But I just hope they're renewing their contract because they want to, not due to any force or pressure, as many idols have spoken out about. As a popular group it's their image and name that will be tarnished the most if something goes wrong, not Bang Si Hyuk, not Hybe. And I hope BSH stops overworking them if he truly respects them as much as they respect him. They have constantly voice out how tired they are, how crazy their schedules are, and how little sleep they get. Not only once or twice. If nothing improves with their third contract, I'll just form my own opinions about what's happening behind the door.

    There were rumors about the contract but at the end of the day, they are speculation. For the next contract renewal, it would be for the best if they take their time.

    I remember in 2019, k-media reported that BTS was gonna sue BigHit for their contract. BangPD himself even called the member to confirm if they were suing. I wonder if there was some truth to it and both parties decided just to settle things.

  • AllKill VIP
    Quote from Kitty_Saurus

    There were rumors about the contract but at the end of the day, they are speculation. For the next contract renewal, it would be for the best if they take their time.

    I remember in 2019, k-media reported that BTS was gonna sue BigHit for their contract. BangPD himself even called the member to confirm if they were suing. I wonder if there was some truth to it and both parties decided just to settle things.

    Honestly, they're much better people than me. If it were me, after seeing BSH's net worth and how lavishly he lives with the money I bring in, freely going on holidays and buying expensive real estate overseas while I'm overworked and can't even sleep, I would riot. I guess that's why I'm not destined to become an idol.

    Quote from tetetete

    Lowkey don't think they are overworked since 2020 but who knows


    I think this min heejin debacle just makes BTS more important for hybe which would be a good thing for them when they comeback


    This is me trying to be optimistic though lmao

    i know you're trying to be optimistic but it means they're gonna be overworked and that future concert tickets are gonna be expensive. The price for Suga's concert was just a glimpse.

  • AllKill VIP
    Quote from tetetete

    Lowkey don't think they are overworked since 2020 but who knows


    I think this min heejin debacle just makes BTS more important for hybe which would be a good thing for them when they comeback


    This is me trying to be optimistic though lmao

    Because of the pandemic, they were supposed to go on a huge world tour, remember? 2020 was one of their busiest years. They released three albums, Mots7, Mots7: The Journey, and Be, while continuously promoting 'Dynamite.' Then, 2021 just went by like that. In 2022, they had a few things going on like the 'Permission to Dance' short tours and a few other activities, but mainly they started transitioning to individual activities. Then came enlistment. It's out of Big Hit/Hybe's control.


    But yeah, seeing how Hybe desperately using Bts to shield that company they really can't lose them.

    Quote from Kitty_Saurus

    i know you're trying to be optimistic but it means they're gonna be overwork and that future concert tickets are gonna bd expensive. The price for Suga's concert was just a glimpse.

    I bet all seats starting at $300 above. Can't imagine how much they will charge for the VIP seats.

    Quote from Tr12345

    Because of the pandemic, they were supposed to go on a huge world tour, remember? 2020 was one of their busiest years. They released three albums, Mots7, Mots7: The Journey, and Be, while continuously promoting 'Dynamite.' Then, 2021 just went by like that. In 2022, they had a few things going on like the 'Permission to Dance' short tours and a few other activities, but mainly they started transitioning to individual activities. Then came enlistment. It's out of Big Hit/Hybe's control.


    But yeah, seeing how Hybe desperately using Bts to shield that company they really can't lose them.

    The company is already expecting 80% when BTS come back. If things starting to move fast in June 2025, I wouldnt be surprise.

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