Scary.
Industry Domination
Scary.
Pretty nuts truly.
A global conglomerate!
A global conglomerate!
BTS did that, took their company to these heights. Made a Korean company a global giant. They are Korea's pride for a reason.
BTS did that, took their company to these heights. Made a Korean company a global giant. They are Korea's pride for a reason.
Its insane really. BTS built a company big enough to buy out 3 of the biggest streaming artists globally.
Its insane really. BTS built a company big enough to buy out 3 of the biggest streaming artists globally.
They really did that..huh. Legends.
If its a monster, we should kill it
Not all monsters (and demons *cough*) are bad, dear peach
If its a monster, we should kill it
You can try, like many have before.
Wow. I guess this also shows how insane scooter has the industry in his hands. Damn him and his shitty connections 
ok im super confused
hybe merged with ithaca whose ceo is/was ariana+beiber+j balvins music manager
(i see articles about ariana firing him so idk if they still together)
but ariana is signed to republic, and beiber and balvin to subsidiaries of universal.
does this still mean they're under hybe or does that mean that theyre music manager is under hybe but they themselves arent?
Display Moreok im super confused
hybe merged with ithaca whose ceo is/was ariana+beiber+j balvins music manager
(i see articles about ariana firing him so idk if they still together)
but ariana is signed to republic, and beiber and balvin to subsidiaries of universal.
does this still mean they're under hybe or does that mean that theyre music manager is under hybe but they themselves arent?
They are managed by Hybe, so Hybe is their company just as it is of BTS. Ariana is still with Scooter, in fact probably as a shareholder of Ithaca her and Justin might get Hybe America's shares in a share swap. Their label distributes their music. Read this from the Variety article to understand what is happening.
"
HYBE, the company formerly known as Big Hit Entertainment, which is home to BTS, the South Korean pop group, has merged with Ithaca Holdings, the company led by SB Projects (SBP) founder Scooter Braun. In the deal, HYBE will acquire through HYBE America, its wholly owned subsidiary, a 100% stake in Ithaca Holdings and its properties, which includes SB Projects and management clients Justin Bieber, Ariana Grande and Demi Lovato, among others, as well as Big Machine Label Group.
Braun will join the board of HYBE and Scott Borchetta will remain CEO of Big Machine Label Group. Artists of both companies will participate in the capital increase of HYBE to further strengthen the ties between the two companies, according to a release announcing the deal. Financial terms were not disclosed.
In aligning the two entities, the newly combined HYBE is poised to be among the biggest entertainment companies with a music focus operating on a global scale. BTS and Bieber alone bring dedicated fanbases numbering in the hundreds of millions, while Ariana Grande recently surpassed 90 billion streams consumed worldwide, the most ever by a female artist — these accolades in addition to recent Grammy wins for Dan + Shay and Bieber for the song “10,000 Hours.” In what has been an especially busy month for SBP, today (April 2) also marks the release of Demi Lovato’s latest album, “Dancing With the Devil: The Art of Starting Over.” It arrives on the heels of a YouTube Originals docu-series."
Display MoreThey are managed by Hybe, so Hybe is their company just as it is of BTS. Ariana is still with Scooter, in fact probably as a shareholder of Ithaca her and Justin might get Hybe America's shares in a share swap. Their label distributes their music. Read this from the Variety article to understand what is happening.
"
HYBE, the company formerly known as Big Hit Entertainment, which is home to BTS, the South Korean pop group, has merged with Ithaca Holdings, the company led by SB Projects (SBP) founder Scooter Braun. In the deal, HYBE will acquire through HYBE America, its wholly owned subsidiary, a 100% stake in Ithaca Holdings and its properties, which includes SB Projects and management clients Justin Bieber, Ariana Grande and Demi Lovato, among others, as well as Big Machine Label Group.
Braun will join the board of HYBE and Scott Borchetta will remain CEO of Big Machine Label Group. Artists of both companies will participate in the capital increase of HYBE to further strengthen the ties between the two companies, according to a release announcing the deal. Financial terms were not disclosed.
In aligning the two entities, the newly combined HYBE is poised to be among the biggest entertainment companies with a music focus operating on a global scale. BTS and Bieber alone bring dedicated fanbases numbering in the hundreds of millions, while Ariana Grande recently surpassed 90 billion streams consumed worldwide, the most ever by a female artist — these accolades in addition to recent Grammy wins for Dan + Shay and Bieber for the song “10,000 Hours.” In what has been an especially busy month for SBP, today (April 2) also marks the release of Demi Lovato’s latest album, “Dancing With the Devil: The Art of Starting Over.” It arrives on the heels of a YouTube Originals docu-series."
so wait then what are republic and universal doing with ariana and bieber and what not?
im not tryna drag anyone, i just genuinely have no clue on how this works...
so wait then what are republic and universal doing with ariana and bieber and what not?
im not tryna drag anyone, i just genuinely have no clue on how this works...
Distribute their music.
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