HYBE Minority Shareholders Speak Out

In a dramatic turn of events, the minority shareholders of HYBE have broken their silence after witnessing the company's reputation come under fire in recent months. For a while, they chose to remain quiet despite enduring negative media portrayals involving the former CEO of ADOR, Min Hee Jin, which they claim contributed to declining stock prices and other significant repercussions.

In a statement that has stunned both fans and industry insiders alike, the shareholders expressed their deep concern about the ongoing attacks directed at HYBE—a respected titan in the K-Pop industry that has helped elevate Korea's national prestige through music exports. The association articulated several key points that they feel are crucial to restoring balance and protecting the brand.

Reflect and Reform

The shareholders urged HYBE to seize this moment as an opportunity for introspection, calling for improved communication and transparency from the company. They believe that it's vital for the corporation to evaluate its internal processes and address perceived "unreasonable aspects" that may have contributed to the current turmoil.

Cease the Internal Conflicts

One of the striking elements of their statement included a direct call for Min Hee Jin to stop entangling K-Pop artists, notably the highly popular group NewJeans, in her personal disputes. This highlights a growing frustration among shareholders and fans alike over how internal conflicts can adversely affect the broader K-Pop ecosystem.

Stop the Slander

The shareholders also called on politicians to refrain from unfairly attacking HYBE based on biased claims from certain fan communities. The intersection of fandom and politics has become increasingly charged, and the shareholders believe it's detrimental to the music industry at large.

A Plea for Harmony Among Fandoms

In addition, the statement urged certain fandoms to discontinue unnecessary lawsuits and petitions that contribute to fatigue among both Korean and international K-Pop enthusiasts. The growing conflicts within this vibrant community are seen as a major hindrance to its enjoyment of the music and artists they love.

Demanding Balanced Reporting

The shareholders expressed a strong desire for media outlets to cover the situation surrounding HYBE and Min Hee Jin impartially—stressing the importance of reporting based on facts and unbiased perspectives. This plea underscores the significant role that press coverage plays in shaping public perception.

A Warning and Commitment

As a final note, the HYBE minority shareholders announced their readiness to pursue legal action against anyone who perpetuates harm to the company's reputation, including Min Hee Jin, certain fandoms, and political influencers. Despite the turmoil, they reassured fans that they will continue to advocate for the growth and integrity of HYBE, emphasizing their shared passion for the artists and the music that has captivated millions worldwide.

The shareholders concluded their statement by reaffirming their dedication to safeguarding the corporate value of HYBE and ensuring that K-Pop remains a source of pride for Korea, echoing the sentiments of many fans who view music as a unifying force in challenging times.

Stay tuned as this story develops, as the stakes are high for HYBE, its artists, and the colorful world of K-Pop!