interesting
HYBE'S CASH FLOW PLUMMETS... HOW WILL THEY GENERATE REVENUE IN THE US?
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HYBE buying that dying label for 300m USD was one of their mistakes alongside the overpriced acquisition of Ithaca. They have been making so many bad investments that they thought they could afford because they have BTS.
The only way they can earn huge money is if BTS tour which can gross around 300m-500m USD.
Probably for money laundry or something.
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Like SM, HYBE was made just to legitimatize the embezzlement their cash cow. At least SLM had the creativity to keep the grift going, looks like BSH will just squeeze BTS to the last drop and then settle in LA with his streamer female friends. Armys are going to have to work overtime to make the juice worth the squeeze for BSH.
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