Posts by tafattsbarn
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This release is gonna be magical i can feel it
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MHJ is on that CBS radio program rn, i think it's prerecorded:
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!!!!!!!!!!!!!!!!!!!!!!!! so excited
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He's always been my favorite dancer in kpop v-v
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People are dumb. I mean there's even instances of high up government officials keeping similar illegal stuff on open word documents and the like. Wasn't there a case of Brazil's freaking (now ex) president storing his plans of a coup in the case he lost the election on a similarly unprotected computer? Power and greed makes people think they're invincible
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"Hybe secured a document titled <Project 1945> during the audit. In this, representative Min's plan is subdivided into subheadings such as complaints, civil lawsuits, and public opinion warfare. Hybe interprets the number 1945, which represents the year of our country's liberation, as representative Min's independence. This information was obtained from Vice President Ador's email." cr reddit
[단독]하이브, ‘프로젝트 1945’ 발견…민희진 ‘독립’ 해석걸그룹 뉴진스 소속사 민희진 대표와 모회사 하이브의 갈등이 격화하고 있습니다. 하이브 측은 민희진 대표의 경영 분리 시도 정황이 담긴 문건을 추가로 발견했다고 주장했습니다. <프로젝트 1945>라는 제목의 문건이라고n.news.naver.comI can't with these file names omfg
Edit: Apparently the post about this on the qoo got 850+ comments in 20 minutes like damn
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https://theqoo.net/hot/3198642993?filter_mode=normal
Translated with google:
According to the industry, after Belif Lab, another label under Hive, debuted the girl group Eyelet on the 25th of last month, the 'New Jeans copy suspicion' grew, and the parents of New Jeans members first raised the issue with Adore and started discussions with Hive. It is reported that a request was made to resolve the issue through . Accordingly, on the 3rd of this month, Adore sent a letter detailing the problem and requesting correction to Hive Chairman Bang Si-hyuk and CEO Park. In response, Hive reportedly sent a response requesting Adore to set up a meeting with the parents of New Genes members. However, it has been reported that parents who felt that Hive's response was insincere rejected this request. Adore believes that after this process, Hive began an audit on the 22nd.
They want to resolve the issue they themselves raised, but when the other party wants to hold a meeting to discuss things they refuse to attend because it didn't feel 'sincere'? And they came to that conclusion without even talking to the other party lol
Yeah it's clear they had already made up their minds from the beginning, bullshit that they wanted to resolve the issue. They just wanted to get their way.
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Some were wondering how exactly MHJ could get Ador out of Hybe with the current share structure. This is what kmedia is now saying:
Accordingly, in the industry, Adore executives, including CEO Min, are predicting the possibility of a third-party paid-in capital increase attempt. As Adore is an unlisted company, a third-party paid-in capital increase can be carried out with only a resolution from the board of directors. This is a picture of diluting Hive's shareholding through a large paid-in capital increase and then taking shares from friendly financial investors ( FI ).
An IB industry official said, "It is not easy to understand how CEO Min tried to take over management rights in a situation where the stake is only 18% and the largest shareholder's stake is 80%," but added, "The most likely scenario is a large-scale third party paid-in. “We will dilute our shareholding through capital increase and become the largest shareholder,” he said. He added, "If a large-scale paid-in capital increase is attempted, not only Hive's shareholding ratio but also CEO Min's shareholding will be diluted, but if FI is a friendly shareholder of CEO Min, it will be possible to raise sufficient shares through a side contract."
In a stock company, the composition of the board of directors is more important than the shareholding structure because management rights can be shaken by the decisions of the board of directors. Previously, in September 2023, Adore's board of directors was completely filled with 'Min Hee-jin's division'.
Can you link the article where this speculation is brought up? It's interesting
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Hybe needs another one of these
Just send all the labels and their CEOs into a retreat again.
External Content www.youtube.comContent embedded from external sources will not be displayed without your consent.Through the activation of external content, you agree that personal data may be transferred to third party platforms. We have provided more information on this in our privacy policy.The ironic thing is that if this had happened after Newjeans debut i highly doubt ADOR would've let the girls attend, MHJ has always been obsessed with making Newjeans seem separate from HYBE (as is evident now but was always the case based on previous statements and actions by her)
Edit: Lol
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FACE is still on heavy rotation for me so this is exciting! Jimin always delivers v-v
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Freaking love it, bop for sure
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It's still so crazy that he got into c-pop and music, love that for him though
Hopefully it'll at least qualify for the finals lol
