With today’s court ruling granting ADOR CEO Min Hee Jin’s injunction against HYBE, fans and netizens were divided on the trial’s outcome.
One online community post garnered much attention for an OP’s thoughts on all the things HYBE had lost while battling the HYBE and ADOR feud.
“How much has HYBE lost due to the feud with Min Hee Jin
- Ruining LE SSERAFIM’s image (no university festivals this year.)
- Ruining ILLIT’s image (gaining the title of copycat, image ruined even more overseas.)
- Exposed of sajaegi allegations (album sales from idols from labels acquired by HYBE)
- ₩1.00 trillion KRW (about $730 million USD) market capitalization lost
- BTS’s contract renewal after discharge is not transparent.
- Even with 80% of ADOR’s shares, they can’t kick out Min Hee Jin as they would have to pay her ₩20.0 billion KRW (about $14.6 million USD).
- Breach of trust is not transparent
- The Dahn World situation”
The OP added more, stating that the list was never-ending.
- Judgement on album sajaegi destroyed
- Executives who visit room salons (without doing their jobs properly)
- Reverse viral controversy
- Threatening media
- 100 reporters
- HYBE’s relationship with cyber wrecker
- LE SSERAFIM plagiarism issue in progress
- Bang Si Hyuk’s personality of not greeting NewJeans
- Former NEXON CEO Park Jiwon’s incompetence
- COO Park Taehee, who ruined the image of HYBE through media play
K-Netizens felt that this was karma at its finest and that they got what they deserved.
- “I don’t know what type of confidence they had to drop all this publicly. Did they think people would side with them because of their influence in media?”
- “Their image has hit rock bottom. I’ll wonder if they copied someone or how good their singing is every time they release something new, knowing it’s these guys behind everything.”
- “What was the root cause of this whole situation? Are the shareholders really letting everything get out hand? Why are they bothering someone that’s working hard.”
- “It’s the most shocking that they made these groups through sajaegi. This is national fraud.”
- “Throwing away the market capitalization is all HYBE’s fault. They did fix anything internally and just used media play and failed.”
- “They went overboard with the media play.”
- “They brought this upon themselves.”
- “I’m so happy that everything has been brought to light.”
- “They ruined this on their own.”
- “Isn’t it crazy to think that this all happened because of one man’s inferiority complex?”
- “Totally brought this upon themselves.”
- “They brought the downfall of HYBE on themselves.”
Take a look at the official statement released by Min Hee Jin’s lawyers below!
Min Hee Jin’s Lawyers Release Damning Statement Exposing HYBE’s Manipulation After Legal Win
Source: theqoo
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