However, losing New Jeans has proven to be disastrous for HYBE. HYBE’s market value took a significant hit after news of NewJeans’ alleged departure. Although ADOR, the group’s label ...

Hybe’s shares were up 1.8% by 2:25 p.m. local time, after rising as much as 4.4% on the ruling. The decision comes two weeks after the start of the trial, when the five women that comprise ...

A separate lawsuit to determine if NewJeans/NJZ can legally terminate its contract with ADOR begins April 3, but if the court sides with HYBE/ADOR and the group refuses to make new music ...

a subsidiary of the South Korean mega-label HYBE. The injunction temporarily prevents NJZ from performing or carrying out other commercial activities under their new name, with the judge saying ...

meaning the agency best known for handling BTS gets to remain NewJeans’ sole management company. Hybe’s shares were up 1.8% by 2:25 p.m. local time, after rising as much as 4.4% on the ruling.