Hybe Co., Ltd. (; stylized as Hybe Corporation; commonly known as simply Hybe) is a South Korean
multinational entertainment company established in 2005 by
Bang Si-hyuk
Bang Si-hyuk (; born August 9, 1972) is a South Korean music executive, record producer and songwriter who is a founder the record label Big Hit Music and the chairperson of HYBE Corporation. One of the 50 wealthiest people in South Korea acco ...
as Big Hit Entertainment Co., Ltd.
The company operates as a
record label
"Big Three" music labels
A record label or record company is a brand or trademark of Sound recording and reproduction, music recordings and music videos, or the company that owns it. Sometimes, a record label is also a Music publisher, ...
,
talent agency
A talent agency is a company that represents actors, authors, musicians, model (person), models, professional athlete, athletes, writers, dancers, and other professionals in various industries. Talent agencies specialize, either by creating dep ...
, music production company,
event management
Event management is the application of project management to the creation and development of small and/or large-scale personal or corporate events such as festivals, conferences, ceremonies, weddings, formal parties, concerts, or conventions. ...
and concert production company, and music publishing house. It has multiple subsidiaries, including
Big Hit Music
Big Hit Music (, stylized in all caps), formerly Big Hit Entertainment (), is a South Korean record label established in 2005 by Bang Si-hyuk. It was re-branded and re-structured into an independent label under Hybe Corporation (formerly Big Hi ...
, Belift Lab,
Source Music
Source Music () is a South Korean record label established in 2009 by So Sung-jin. In July 2019, the company was acquired by Hybe Corporation, making the company part of the collective term "Hybe Labels". The company manages girl group Le Sserafim ...
,
Pledis Entertainment
Pledis Entertainment () is a South Korean entertainment company founded by Han Sung-Soo in 2007. The label is home to Bumzu, Hwang Min-hyun, and groups Seventeen and TWS. Its name originates from the Pleiades, a star cluster in the constellat ...
, KOZ Entertainment, and ADOR, collectively known as Hybe Labels.
History
2005–2021: Big Hit Entertainment Co., Ltd.
Big Hit Entertainment was founded on February 1, 2005, and signed the vocal trio
8Eight
8Eight () was a South Korean "hybrid" (meaning co-ed) trio group managed by Source Music and produced by Big Hit Entertainment, consisting of Baek Chan, Lee Hyun, and Joo Hee. Active from 2007 to 2014, their last single was "Don't Go Crazy".
H ...
in 2007.
In 2010, the company signed a contract with
JYP Entertainment
JYP Entertainment Corporation () is a South Korean Multinational corporation, multinational entertainment and record label Conglomerate (company), conglomerate founded in 1997 by Park Jin-young, J. Y. Park. Operating as a record label, talent ...
to jointly manage the boy group
2AM.
That year, Bang Si-hyuk signed
RM as the first member of
BTS
BTS (), also known as the Bangtan Boys, is a South Korean boy band formed in 2010. The band consists of Jin, Suga, J-Hope, RM, Jimin, V, and Jung Kook, who co-write or co-produce much of their material. Originally a hip hop group, they ...
and launched nationwide auditions to recruit other members for the group. BTS made their debut under Big Hit on June 13, 2013.
In 2012, the company signed
Lim Jeong-hee,
and formed the girl group
Glam
Glam is a shortened form of the word glamour.
Glam or GLAM may also refer to:
Film
* ''Glam'' (film), a 1997 experimental drama film
Institutions
* University of Glamorgan, founded in 1913 and merged into the University of South Wales in 2013 ...
as a collaboration with
Source Music
Source Music () is a South Korean record label established in 2009 by So Sung-jin. In July 2019, the company was acquired by Hybe Corporation, making the company part of the collective term "Hybe Labels". The company manages girl group Le Sserafim ...
. The group was active until 2014, when it was disbanded due to a controversy involving one of its members Kim Da-hee. Kim was sentenced to prison after being found guilty of blackmailing actor
Lee Byung-hun
Lee Byung-hun (; born July 12, 1970) is a South Korean actor. He has received acclaim for his work in a wide range of genres, most notably '' Joint Security Area'' (2000); '' A Bittersweet Life'' (2005); '' The Good, the Bad, the Weird'' (2008) ...
.
Following the end of the joint contract between Big Hit and JYP in April 2014, three members of 2AM returned to JYP.
Lee Chang-min remained with Big Hit to continue with his solo career and as part of the duo
Homme.
[ 8Eight disbanded later that year, after Baek Chan and Joo Hee's contracts with Big Hit ended.][
In May 2015, Lim parted ways with the agency, following the expiration of her three-year contract,][ and ]Signal Entertainment Group
Signal Entertainment Group Corp. (), founded in 1991, is a South Korean company specializing in the following businesses: show business, media and entertainment content, cosmetics and information technology.
History
Founded in 1991 as Sign ...
, a KOSDAQ
The Korean Securities Dealers Automated Quotations (KOSDAQ; ) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stock market from the Korean ...
-listed company specializing in artist management and television production, acquired Big Hit through a KR₩
The South Korean won (symbol: ₩; code: KRW; ) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange ...
6 billion convertible bond
In finance, a convertible bond, convertible note, or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in ...
. In early 2016, Big Hit ended their stake relationship with Signal and made a full settlement of the bonds.
In February 2018, Homme disbanded after member Changmin's contract ended. He left the company to start his own agency, while Lee Hyun
Lee Hyun (; born November 8, 1983) is a South Korean singer. He debuted in 2007 as a member of the co-ed vocal group 8Eight, which disbanded in 2014. He was also a member of the disbanded vocal duo Homme from 2010 to 2018. Lee is currently ...
continued on as a solo artist. In August, Big Hit and CJ ENM
CJ ENM Co., Ltd (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 1994.
CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ ENM Entertainment Division, CJ E&M and ...
released information stating plans to create a joint entertainment agency, with ownership split 52% to the latter and 48% to the former. Filed under the name Belift Lab, the agency debuted its first boy group Enhypen
Enhypen (; ; stylized in all caps) is a South Korean boy band formed by Belift Lab. Formerly a joint venture between CJ ENM and Hybe Corporation, the group was formed through the 2020 survival competition show '' I-Land''. The group consists ...
in November 2020. In October, BTS renewed and extended their contract with the agency for seven more years. Big Hit was voted Best Investment Company of the Year at the 2018 Korea VC Awards in December.
Big Hit debuted its second male group, Tomorrow X Together
Tomorrow X Together (; Tomorrow by Together, stylized in all caps), commonly abbreviated as TXT, is a South Korean boy group formed by Big Hit Entertainment. The group consists of five members: Yeonjun, Soobin, Beomgyu, Taehyun, and HueningK ...
(TXT), in March 2019. Also that month, former CBO Lenzo Yoon was appointed co-CEO alongside Bang. Yoon would focus on the business components of the company. while Bang's focus would be on creative production. In July 2019, the company acquired Source Music
Source Music () is a South Korean record label established in 2009 by So Sung-jin. In July 2019, the company was acquired by Hybe Corporation, making the company part of the collective term "Hybe Labels". The company manages girl group Le Sserafim ...
, and in August, the video game firm Superb. Thanks to the Weverse
Weverse () is a South Korean mobile app and web platform created by South Korean entertainment company Hybe Corporation. The app specializes in hosting multimedia content, the sale of artist-related merchandise, content subscription, and artist ...
and Weverse Shop apps developed by its subsidiary beNX, Big Hit was named the fourth most innovative company of 2020 worldwide by ''Fast Company
''Fast Company'' is an American business magazine published monthly in print and online, focusing on technology, business, and design. It releases six print issues annually.
History
''Fast Company'' was founded in November 1995 by Alan Webb ...
''.
In May 2020, Big Hit became the majority shareholder of Pledis Entertainment
Pledis Entertainment () is a South Korean entertainment company founded by Han Sung-Soo in 2007. The label is home to Bumzu, Hwang Min-hyun, and groups Seventeen and TWS. Its name originates from the Pleiades, a star cluster in the constellat ...
. The label would retain its independence; however, its artists would now receive greater financial support and global promotions. The Fair Trade Commission (KFTC) approved the acquisition in October. Big Hit acquired KOZ Entertainment, a record label founded by rapper Zico, the following month.
In January 2021, news media reported that Big Hit and beNX had invested a combined ₩70 billion (US$63 million) in YG Plus, acquiring a 17.9% stake in the company in a merchandising and distribution deal that would see YG Plus' artists join the Weverse social media and shop platforms. Naver Corporation
Naver Corporation () is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver. Naver established itself as an early pioneer in the use of user-generated content through the creation of the online ...
later invested ₩354.8 billion ($321 million) in beNX, acquiring 49% of the subsidiary. In return, it transferred its V Live
V Live (stylized as VLIVE), sometimes referred to as V App, was a South Korean live video streaming service that allowed celebrities based in the country to broadcast live videos such as live chat sessions with fans, performances, reality show ...
video streaming service to the latter for the development of a new integrated fan community platform. BeNX was eventually renamed Weverse Company Inc. as a result of the deal with Naver. The merger was approved by the KFTC in May. On February 17, Big Hit and Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, ...
(UMG) announced a strategic partnership between the two companies to collaborate on various music and technology-related endeavors. At the forefront of the partnership was a joint venture between Big Hit and Geffen Records
Geffen Records (formerly The David Geffen Company from 1980 to 1992 and Geffen Records Inc. from 1993 to 2004) is an American record label, founded in late 1980 by David Geffen. Originally a music subsidiary of the company known as Geffen Pi ...
, a UMG flagship label, that will debut a global boy group through a new, Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
-based label following a global audition program set to air in 2022. Big Hit would be responsible for selecting and training the artists, while UMG would be in charge of music production, global distribution, and marketing. Additionally, other UMG artists, including Yungblud
Dominic Richard Harrison (born 5 August 1997), known professionally as Yungblud, is an English singer, songwriter and actor. In 2018, he released his debut EP ''Yungblud'', followed by his first full-length album ''21st Century Liability''. In ...
, were set to join Weverse, already home to Gracie Abrams
Gracie Madigan Abrams (; born September 7, 1999) is an American singer-songwriter. The daughter of the director J. J. Abrams, she signed with Interscope Records in 2019, and gained recognition after releasing her debut extended play, '' Minor' ...
, New Hope Club
New Hope Club were a British pop trio formed in 2015, consisting of Reece Bibby, Blake Richardson, and George Smith. Their debut EP, ''Welcome to the Club'', was released through Steady Records/Hollywood Records on 5 May 2017; the band rele ...
, and Alexander 23. On February 25, Big Hit announced a ₩4 billion ($3.6 million) investment in a Korea-based AI company, Supertone, that specializes in creating hyper-realistic voices using technology.
2021–present: Hybe Corporation, expansions, and investigations
Big Hit announced its rebranding into an entertainment lifestyle platform company under the name Hybe Corporation in March 2021. The company underwent a complete organizational restructuring, which also saw the recording and management arm of Big Hit Entertainment spun off into an independent label named Big Hit Music
Big Hit Music (, stylized in all caps), formerly Big Hit Entertainment (), is a South Korean record label established in 2005 by Bang Si-hyuk. It was re-branded and re-structured into an independent label under Hybe Corporation (formerly Big Hi ...
under Hybe's new Labels division. The renaming was approved at a shareholders meeting on March 30. The company relocated to its new headquarters in the Yongsan Trade Center in Yongsan District
Yongsan District (, ) is one of the 25 List of districts of Seoul, districts of Seoul, South Korea. It has a population of 231,685 (2020) and has a geographic area of , and is divided into 19 ''Dong (administrative division), dong'' (administrati ...
on March 22, and the rebrand went into effect on March 31. Hybe acquired Scooter Braun
Scott Samuel "Scooter" Braun ( ; born June 18, 1981) is an American businessman, investor, and record executive. Since 2023 he has served as chief executive officer (CEO) of Hybe America, the North American subsidiary of South Korean entertain ...
's Ithaca Holdings and all its properties, including SB Projects and Big Machine Label Group
Big Machine Records is an American record label, distributed by Universal Music Group. Big Machine is based on Music Row in Nashville, Tennessee, Nashville, Tennessee. The label was founded in September 2005 by former DreamWorks Records executiv ...
, through its subsidiary Hybe America in April. The corporation invested $950 million (₩1.07 trillion) into the America branch to finance the buyout; $1.05 billion was paid to Ithaca shareholders and bondholders. BH Odyssey Merger Sub, a newly created subsidiary of Hybe America, facilitated the acquisition, and was later dissolved after the deal's finalization. The Carlyle Group, a minority shareholder and original investor, sold its stake in Ithaca as part of the deal. Braun joined Hybe's board, while Scott Borchetta
Scott Borchetta (born July 3, 1962) is an American record executive and founder of the Big Machine Records#Imprints, Big Machine Label Group. He started the label in 2005 with Taylor Swift as its first signed artist and 13 employees, he served ...
retained his position as CEO of Big Machine. That same month, ''Time
Time is the continuous progression of existence that occurs in an apparently irreversible process, irreversible succession from the past, through the present, and into the future. It is a component quantity of various measurements used to sequ ...
'' named Hybe one of the "100 Most Influential Companies of 2021", under the "Pioneers" section.
Japanese streaming platform Showroom
A plumbing fixture showroom, Canada, 1921
A showroom is a large space used to display products or show entertainment.
Marketing location
A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances ...
announced a business and capital partnership with Hybe in May 2021 to improve its domestic services and expand access to Japanese content in South Korea, the United States, and globally. Hybe was added to the MSCI
MSCI Inc. (formerly Morgan Stanley Capital International) is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and ...
Korea index on May 12, and the index updated on May 28. Following a second organizational restructuring, Bang resigned as CEO on July 1 to return his focus to music production. He was replaced by Park Ji-won but retained his position as chairman of the board of directors. In November, Hybe entered into an equity-based partnership with Korean fintech
Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...
company Dunamu to develop a joint venture NFT
A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchai ...
business for the creation of digital assets. It acquired a 2.6% stake in the company for ₩500 billion ($423.8 million), while Dunamu received a 5.6% stake in Hybe for ₩700 billion ($590 million).[ On November 11, Hybe won a ]Red Dot Design Award
The Red Dot Design Award is an international, annual design competition for product and industrial design, brand and communication design as well as design concepts, in which the Red Dot quality label is awarded to winners. The Red Dot Design A ...
in the Brands & Communication Design category at the 2021 Red Dot Design Awards for its new corporate identity
A corporate identity or corporate image is the manner in which a corporation, firm or business enterprise presents itself to the public. The corporate identity is typically visualized by branding and with the use of trademarks, but it can also i ...
(CI) design. The establishment of a new music label, ADOR, was announced on November 12. Chief Brand Officer
A chief marketing officer (CMO), also called a chief brand officer (CBO), is a C-suite corporate executive responsible for managing marketing activities in an organization. The CMO leads brand management, marketing communications (including adver ...
(CBO) Min Hee-jin was appointed as its CEO and tasked with overseeing the management of the label's first girl group, later announced as NewJeans
NewJeans (), also known as NJZ (), is a South Korean girl group formed by ADOR, a sub-label of Hybe Corporation, Hybe. The group is composed of five members: Minji (singer), Minji, Hanni (singer), Hanni, Danielle Marsh, Danielle, Haerin, and H ...
, which debuted in July 2022.
In January 2022, Hybe published a series of "original stories" featuring boy groups BTS, Enhypen, and Tomorrow X Together in collaboration with Webtoon
Webtoons () are a type of episodic digital comics that originated in South Korea usually meant to be read on smartphones
A smartphone is a mobile phone with advanced computing capabilities. It typically has a touchscreen interface, allo ...
and Wattpad
Wattpad is a website for reading and publishing originally written fiction and connecting with fellow writers and readers. Its most popular genres are romance, teen fiction, and fan fiction. As of November 2021, Wattpad had more than 90 mill ...
as part of a planned IP expansion. The BTS comic alone earned over 15 million views within two days of release and was the highest-viewed title ever launched by Webtoon. In March, ''Fast Company'' named Hybe the 11th most innovative company of the year globally on its annual top-50 list—ranking first in the Media category—while ''Time'' included Hybe on its 100 Most Influential Companies list for a second consecutive year. The company topped the "Leaders" category and was dubbed "The Pop Powerhouse" by the outlet for its acquisitions, expansion into the digital frontier, and transformative strides in the music industry during the pandemic era. The following month, Hybe won an iF Product Design Award for "Company Branding" in the Communication category at the International Forum Design Awards held in Germany. Hybe signed a multi-year deal with The Walt Disney Company Asia Pacific
Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.
Originally establis ...
in July 2022 to provide content showcasing the Korean music and entertainment industries to a global market. Five programs will be available worldwide on Disney+
The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Di ...
and other Disney streaming platforms—a 4K cinematic film of BTS' Permission to Dance on Stage concert in Los Angeles; '' In the Soop: Friendcation''; and ''BTS Monuments: Beyond the Star'', a docuseries
Television documentaries are televised media productions that screen documentaries.
Television documentaries exist either as a television documentary series or as a television documentary film.
* Television documentary series, sometimes called d ...
of BTS' history from debut to present set to premiere in 2023. Additional content featuring other Hybe artists will also be released.
Hybe became the largest shareholder of SM Entertainment
SM Entertainment Co., Ltd. () is a South Korean multinational entertainment agency established in 1995 by Lee Soo-man. It is one of South Korea's largest entertainment companies and has been responsible for fostering and popularizing the car ...
in February 2023, after it acquired founder Lee Soo-man
Lee Soo-man (, born 18 June 1952) is a South Korean business executive and record producer who is best known for being the founder of SM Entertainment, a multinational entertainment company based in Seoul. He has also been referred to as the "p ...
's 14.8% stake in the company for approximately ₩422.8 billion. The company subsequently acquired Galaxia SM
Galaxia SM (; stylized as galaxiaSM) is a South Korean sports marketing and management company under Trinity Asset Management and SM Entertainment with advertising, broadcast programming, content creation, digital marketing, event management, and ...
's 1% stake on March 3. On March 12, Hybe announced that they no longer planned to own the majority stakes of SM Entertainment, said that the bidding war with Kakao
Kakao Corporation () is a South Korean internet conglomerate headquartered in Jeju City. It was formed through the merger of Daum Communications and the original Kakao Inc. in 2010. The company was renamed Daum Kakao in 2014. In 2015, it was ...
could "damage shareholder value." On March 24, Hybe announced that it will sell its entire stake in SM Entertainment to Kakao by accepting its tender offer launched by Kakao. However, on March 28, Hybe instead sold half of its stakes in SM to Kakao, leaving it only for 8.81%. On May 27, 2025, Hybe announced it would sell all of its shares in SM Entertainment to Tencent Music
Tencent Music Entertainment Group (TME; ) is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million ...
.
On May 23, Hybe signed a music distribution deal with Chinese streaming platform, Tencent Music
Tencent Music Entertainment Group (TME; ) is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million ...
.
On August 10, Hybe announced its acquisition of the remaining 51.5% stake from CJ ENM in Belift Lab, making it as a wholly-owned subsidiary.
In November, Hybe confirmed the establishment of its Latin music
Latin music (Portuguese language, Portuguese and ) is a term used by the music industry as a catch-all category for various styles of music from Ibero-America, which encompasses Music of Latin America, Latin America, Music of Spain, Spain, Mu ...
division, Hybe Latin America, based in Mexico City
Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and finan ...
, Los Angeles, and Miami.
On August 27, 2024, Min was removed from her role as CEO of ADOR but remained on the company's board of directors and continued producing for NewJeans. Kim Ju-young, Hybe's Chief Human Resources Officer and a member of the board, assumed the position of ADOR's CEO. Min objected this decision, describing her as a "grave violation of the shareholders' agreement."
In December, it was revealed that the Financial Supervisory Service (FSS) was investigating whether Chairman Bang Si-hyuk had entered into secret shareholder agreements with STIC Investments, Estone Equity Partners, and New Main Equity without informing other shareholders or the financial regulator. These agreements allegedly allowed him to financially benefit misleading other shareholders into believing that Hybe would not pursue an IPO. On May 28, 2025, the FSS referred Bang Si-hyuk to the prosecution after concluding that the investigation met the threshold for charges. The following day, searched Hybe's headquarters connection with allegations of insider trading by an employee who allegedly used confidential information to profit from acquiring shares in YG Plus, based on prior of Hybe's planned investment in the company in July 2021.
On May 28, 2025, Hybe announced the sale of Big Machine Rock to Gebbia Media, followed the next day by the announcement of establishing a Chinese subsidiary.
Company value and investments
Big Hit Entertainment initially operated as a private company with Bang Si-hyuk as the largest shareholder of its stock. In March 2017, the Korean mobile gaming company Netmarble
Netmarble Corp. (Korean: 넷마블 주식회사) is a South Korean game developer and publisher, which was founded in 2000 by Bang Jun-hyuk.
History
Netmarble has its origins in the video game developer Ipopsoft (). Around the late 1990s, that ...
acquired the second largest percentage of the company, paying a reported ₩201.4 billion ($191.8 million) for 25.71%—its CEO Bang Joon-hyuk, and Bang Si-hyuk are relatives. In October 2018, private investment firm STIC Investments
STIC Investments Inc. is an international venture capital and private equity fund management firm.Youn, Jeong-He"국내 최대 창투사 STIC 인베스먼트(주) 부산사무소 개소식 (STIC Investments, No. 1 Domestic Equity Firm, Opens Busan ...
received an undisclosed share of Big Hit for an investment of roughly ₩104 billion ($93 million).
In 2007, Big Hit had four employees and was near bankruptcy, but Bang was able to keep the company afloat after the local success of 8Eight
8Eight () was a South Korean "hybrid" (meaning co-ed) trio group managed by Source Music and produced by Big Hit Entertainment, consisting of Baek Chan, Lee Hyun, and Joo Hee. Active from 2007 to 2014, their last single was "Don't Go Crazy".
H ...
's ''Without a Heart'' in 2009. Over the years, its value rose in tandem with the increasing global popularity of its first boy group BTS. In March 2018, Big Hit's earnings were publicized for the first time. The company reported revenue of ₩92.4 billion ($82 million) and operating profit of ₩32.5 billion ($29 million) for 2017. Initial estimates valued Big Hit at up to ₩700 billion ($624 million) if entered into an IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
that very month, making CEO Bang the richest in the South Korean entertainment business due to his large shareholding position, and leaving him with personal ownership value of roughly ₩350 billion ($314 million). By October 2018, the company was valued at more than ₩1 trillion.[
Big Hit's success has been attributed to its innovative management style, more like an IT company than an entertainment company, which has become the new standard in the K-pop industry; it includes a wide usage of ]social media
Social media are interactive technologies that facilitate the Content creation, creation, information exchange, sharing and news aggregator, aggregation of Content (media), content (such as ideas, interests, and other forms of expression) amongs ...
to capture people's interest and transform it into sales, the creation of artist-related multimedia content, and the full use of fandom
A fandom is a subculture composed of Fan (person), fans characterized by a feeling of camaraderie with others who share a common interest. Fans typically are interested in even minor details of the objects of their fandom and spend a significan ...
energy. Financials published in March 2019 for 2018, showed a 132% increase in sales compared to 2017, with Big Hit making approximately ₩214.2 billion ($189.38 million). Operating profit rose 97% to ₩64.1 billion ($56.72 million), while net profit rose 105% to ₩50.2 billion ($44.41 million). By June 2019, the company was valued between ₩1.28–2.22 trillion. As of March 2020, its total value was roughly ₩6 trillion ($5 billion). Big Hit commenced plans to go public on May 21, and applied for a pre-IPO consultation with the Korea Exchange
Korea Exchange (KRX, ) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.
History
The Korea Exchange was created through the integration of K ...
. This is required under South Korean law before a company can file paperwork for an IPO. One week later, the company filed for a preliminary review of their planned IPO. On October 15, Big Hit was listed in the KOSPI
The Korea Composite Stock Price Index or KOSPI () is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, anal ...
index and began trading stocks.
Per the company's 2020 annual report, its first since going public, Big Hit recorded net income of ₩86.2 billion ($77.6 million), a 19.1% increase compared to 2019's ₩72.4 billion. Operating profit rose 44.3% to ₩142.4 billion, while sales increased 35.6% to ₩796.3 billion[—bolstered in part by album revenue and various acquisitions—with the company experiencing its best quarterly performance yet in the fourth quarter of 2020.] Though concert revenue decreased in the wake of the COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, merchandise, fan-club, and online-content revenue increased 53%, 71%, and 66%, respectively. In 2021, Big Hit became the first South Korean music agency to surpass the ₩1 trillion ($838 million) benchmark. It recorded annual revenue of ₩1.2 trillion, operating profit of ₩190.3 billion, and net income of ₩141 billion ($118 million).
Divisions and subsidiaries
Hybe HQ
Hybe HQ is a wholly owned subsidiary of Hybe Corporation. The company comprises three divisions: Hybe Labels, Hybe Solutions, and Hybe Platforms. Under each division are wholly or partially owned subsidiaries of its parent corporation.
Labels
This is the entertainment and music production division. Prior to the rebranding, it was known as Big Hit Labels. Subsidiaries within the division operate independently of Hybe Corporation but receive support for creative activities.
* Big Hit Music
Big Hit Music (, stylized in all caps), formerly Big Hit Entertainment (), is a South Korean record label established in 2005 by Bang Si-hyuk. It was re-branded and re-structured into an independent label under Hybe Corporation (formerly Big Hi ...
** Lee Hyun
Lee Hyun (; born November 8, 1983) is a South Korean singer. He debuted in 2007 as a member of the co-ed vocal group 8Eight, which disbanded in 2014. He was also a member of the disbanded vocal duo Homme from 2010 to 2018. Lee is currently ...
** BTS
BTS (), also known as the Bangtan Boys, is a South Korean boy band formed in 2010. The band consists of Jin, Suga, J-Hope, RM, Jimin, V, and Jung Kook, who co-write or co-produce much of their material. Originally a hip hop group, they ...
*** RM
*** Agust D
*** J-Hope
Jung Ho-seok (; born February 18, 1994), known professionally as J-Hope (; stylized in lower case), is a South Korean rapper, singer-songwriter, dancer, and record producer. He made his debut as a member of South Korean boy band BTS in 2013, ...
*** Jin
*** Jimin
Park Ji-min (; born October 13, 1995), known mononymously as Jimin, is a South Korean singer, songwriter, and dancer. In 2013, he made his debut as a member of the South Korean boy band BTS, under the record label Big Hit Entertainment.
Jim ...
*** Jungkook
Jeon Jung-kook (; born September 1, 1997), better known as Jung Kook, is a South Korean singer and songwriter. He rose to prominence as a member and vocalist of South Korean boy band BTS. He has performed three solo songs as part of BTS' disc ...
*** V
** Tomorrow X Together
Tomorrow X Together (; Tomorrow by Together, stylized in all caps), commonly abbreviated as TXT, is a South Korean boy group formed by Big Hit Entertainment. The group consists of five members: Yeonjun, Soobin, Beomgyu, Taehyun, and HueningK ...
*** Yeonjun
*** Beomgyu
* Source Music
Source Music () is a South Korean record label established in 2009 by So Sung-jin. In July 2019, the company was acquired by Hybe Corporation, making the company part of the collective term "Hybe Labels". The company manages girl group Le Sserafim ...
** GFriend
GFriend (stylized in all caps; ) is a South Korean girl group formed by Source Music in 2015. The group consists of six members: Kim So-won, Sowon, Yerin (entertainer), Yerin, Eunha (singer), Eunha, Yuju (singer), Yuju, SinB, and Umji. They deb ...
(2015–2021; 2024–present)
** Le Sserafim
Le Sserafim ( ; ; stylized in all caps) is a South Korean girl group formed by Source Music, a sub-label of Hybe Corporation, Hybe. The group consists of five members: Sakura Miyawaki, Sakura, Kim Chaewon, Huh Yunjin, Kazuha, and Hong Eunchae. ...
* Belift Lab
** Enhypen
Enhypen (; ; stylized in all caps) is a South Korean boy band formed by Belift Lab. Formerly a joint venture between CJ ENM and Hybe Corporation, the group was formed through the 2020 survival competition show '' I-Land''. The group consists ...
** Illit
* Pledis Entertainment
Pledis Entertainment () is a South Korean entertainment company founded by Han Sung-Soo in 2007. The label is home to Bumzu, Hwang Min-hyun, and groups Seventeen and TWS. Its name originates from the Pleiades, a star cluster in the constellat ...
** Seventeen
*** BSS
*** JxW
*** The8
*** HxW
** Baekho
** Minhyun
** Bumzu
Kye Beom-ju (, born November 8, 1991), better known by the stage name Bumzu (), is a South Korean singer, songwriter, and record producer. Bumzu is best known for writing and producing much of the discographies of boy bands NU'EST and Seventee ...
** TWS
*KOZ Entertainment
** Zico
** BoyNextDoor
BoyNextDoor (; stylized in all caps) is a South Korean boy band formed by KOZ Entertainment in 2023. The group consists of six members: Sungho, Riwoo, Jaehyun, Taesan, Leehan, and Woonhak. Characterized by its eponymous 'wikt:boy next door, boy ...
*ADOR
** NewJeans
NewJeans (), also known as NJZ (), is a South Korean girl group formed by ADOR, a sub-label of Hybe Corporation, Hybe. The group is composed of five members: Minji (singer), Minji, Hanni (singer), Hanni, Danielle Marsh, Danielle, Haerin, and H ...
(''disputed'')
Solutions
The "solutions" division is made up of specialized business units for video content, IP, learning, and games. Secondary and tertiary businesses are created based on the creative output of each label. In May 2021, Hybe Edu signed a business agreement with the International Korean Language Education Foundation (IKLEF) to develop Korean-language textbooks for distribution to overseas elementary and secondary schools through the Ministry of Education beginning in 2022. Various other online and offline content will also be created using BTS IP in response to an increasing demand for Korean-language education in foreign countries. On July 2, 2021, it was announced that Hybe Solutions subsidiaries Hybe 360 and Hybe IP had been dissolved and merged into Hybe Corporation.
* Hybe Edu
* Superb
Platforms
This is the technology division. It manages the social networking and entertainment platform Weverse
Weverse () is a South Korean mobile app and web platform created by South Korean entertainment company Hybe Corporation. The app specializes in hosting multimedia content, the sale of artist-related merchandise, content subscription, and artist ...
, which serves as a hub for connecting and expanding all of Hybe's contents and services. In May 2021, Weverse Company invested in US startup
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to ...
Fave, an F2F platform for fandoms, as part of its plans to strengthen business opportunities in that territory.
* Weverse Company
** Weverse
Weverse () is a South Korean mobile app and web platform created by South Korean entertainment company Hybe Corporation. The app specializes in hosting multimedia content, the sale of artist-related merchandise, content subscription, and artist ...
Hybe America
Prior to the rebrand, the subsidiary was known as Big Hit America. Following the rebranding, Hybe Corporation bought over all ₩1.7 trillion ($1.5 billion) of Big Hit America's shares, making it a wholly owned subsidiary under the corporation, and it became Hybe America. This was in preparation for Hybe Corporation's acquisition of Ithaca Holdings through Hybe America. BH Odyssey Merger Sub was created as a subsidiary of Hybe America to facilitate its buyout of Ithaca. Once finalized, Ithaca would become a subsidiary of Hybe America, and BH Odyssey would be dissolved. The merger is assumed to have been completed in the first quarter of 2021 per quarterly earning reports published on May 14.
In July 2021, Yoon and Braun were appointed co-CEOs of Hybe America, and jointly managed US operations. Yoon was responsible for "the localization of Hybe's K-pop business model in the US" and "oversee ngthe training, production and marketing process through which new talent is discovered" while Braun focused "on solidifying Hybe's presence in the US music industry" and "cementing he company's
He or HE may refer to:
Language
* He (letter), the fifth letter of the Semitic abjads
* He (pronoun), a pronoun in Modern English
* He (kana), one of the Japanese kana (へ in hiragana and ヘ in katakana)
* Ge (Cyrillic), a Cyrillic letter cal ...
competitiveness in the stateside market." Chief Strategy Officer (CSO) Jaesang Lee, who led the Ithaca acquisition, was made Chief Operations Officer (COO). Plans for the launch of a new global girl group in collaboration with Geffen were announced on November 4; auditions closed on November 28. Braun became the sole CEO in January 2023, subsequently leading the acquisition of the American entertainment company QC Media Holdings in February.
* Hybe UMG
** Katseye
* Ithaca Holdings
** Atlas Music Publishing
** Big Machine Label Group
Big Machine Records is an American record label, distributed by Universal Music Group. Big Machine is based on Music Row in Nashville, Tennessee, Nashville, Tennessee. The label was founded in September 2005 by former DreamWorks Records executiv ...
*** Nashville Harbor Records & Entertainment
*** Big Machine Records
Big Machine Records is an American record label, distributed by Universal Music Group. Big Machine is based on Music Row in Nashville, Tennessee. The label was founded in September 2005 by former DreamWorks Records executive Scott Borchetta and ...
*** The Valory Music Co.
** Mythos Studios
** Raised in Space
** SB Projects
*** SB Consulting
*** SB Management
*** SB Ventures
*** Schoolboy Entertainment
**** Schoolboy Records
Schoolboy Records is an American record label established in 2007 by Scooter Braun, as an imprint of Universal Music Group's Republic Records.
Schoolboy Records' first success was with Asher Roth's 2009 single, " I Love College," along with his ...
(with Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, ...
)
*** Sheba Publishing
*** Silent Labs
* QC Media Holdings
** Quality Control Music
Quality Control Music, LLC (also known as Quality Control or QC) is an American hip hop record label founded by Kevin "Coach K" Lee ( COO) and Pierre "P" Thomas (CEO) in March 2013. The label's releases were distributed through Universal Music Gr ...
** Solid Foundation Management
** Quality Films
** QC Sports
Hybe Japan
Following Hybe's second leadership restructuring in July 2021, its Japanese subsidiaries, Hybe Solutions Japan and Hybe T&D Japan, were integrated to form a regional headquarters, Hybe Japan. The Japanese branch operates as an independent entity under CEO and former Hybe Solutions Japan CEO Han Hyun-rock. It oversees music production, music publishing, music copyright management, artist management, and talent scouting and development, as well as facilitates the entry of other Hybe artists into the Japanese market. Hybe Labels Japan debuted its first boy group, &Team
&Team (; , stylized in all caps) is a Japanese boy band based in Japan and South Korea formed by YX Labels. The group is composed of nine members: K, Fuma, Nicholas, EJ, Yuma, Jo, Harua, Taki, and Maki. They were formed through the reality/sur ...
, in December 2022. A collaboration with Hiroomi Tosaka of J Soul Brothers, announced in 2021, resulted in the creation of the girl group Moonchild, which debuted in 2023; Hybe Labels Japan co-produces the group with LDH Japan.
Labels
*
** &Team
&Team (; , stylized in all caps) is a Japanese boy band based in Japan and South Korea formed by YX Labels. The group is composed of nine members: K, Fuma, Nicholas, EJ, Yuma, Jo, Harua, Taki, and Maki. They were formed through the reality/sur ...
** Aoen
* Naeco
Solutions
* Hybe Solutions Japan
* Hybe T&D Japan
Hybe Latin America
In November, Hybe confirmed the establishment of its Latin music
Latin music (Portuguese language, Portuguese and ) is a term used by the music industry as a catch-all category for various styles of music from Ibero-America, which encompasses Music of Latin America, Latin America, Music of Spain, Spain, Mu ...
division, Hybe Latin America, based in Mexico City
Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and finan ...
, Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
, and Miami
Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
. Concurrently, they announced the appointment of Kah Jong-Hyun, former vice president
A vice president or vice-president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vi ...
of YG Entertainment
YG Entertainment () is a South Korean Multinational corporation, multinational entertainment agency established in 1996 by Yang Hyun-suk. The company operates as a record label, talent agency, music production company, event management and conce ...
, as the CEO
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of this division and the acquisition of the studio Exile Content. In March 2024, Kah Jong-Hyun appointed former EMI and Universal Music México executive Fernando Grediaga as general manager of the Mexico City-based Docemil Music. In June, it was announced that Exile Music would be changing its name to Zarpazo and would be based in Miami, in addition to the name change of its service from Exile Podcasts to Ajá Podcats.
* Zarpazo (previously Exile Music)
* Docemil Music
Hybe China
Hybe China was established on April 2, 2025.
Former artists
* Naeco
** Yurina Hirate
is a Japanese singer and actress. She is a former member of the idol group Keyakizaka46.
Early life and education
Yurina Hirate was born on 25 June, 2001. In March 2017, she graduated from junior high school.
Career
Hirate was the choreo ...
[
* ]Pledis Entertainment
Pledis Entertainment () is a South Korean entertainment company founded by Han Sung-Soo in 2007. The label is home to Bumzu, Hwang Min-hyun, and groups Seventeen and TWS. Its name originates from the Pleiades, a star cluster in the constellat ...
** NU'EST
NU'EST (; short for New Establish Style Tempo) was a South Korean boy band formed and managed by Pledis Entertainment. The group consisted of five members: Kim Jong-hyeon, JR, Aron (singer), Aron, Baekho (singer), Baekho, Hwang Min-hyun, Minhyu ...
** Fromis 9
Fromis 9 (; stylized in snake case) is a South Korean girl group. The group consists of five members: Song Ha-young, Park Ji-won, Lee Chae-young, Lee Na-gyung, and Baek Ji-heon. Originally a nine-piece group, Jang Gyu-ri departed the group in J ...
Controversies
Dispute with Min Hee-jin
On April 22, 2024, Hybe requested for Min Hee-jin, the CEO of their sub-label ADOR, to step down from her position following an audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing al ...
of the label amidst accusations of Min attempting to make ADOR independent. Min released a statement dismissing those claims and also accused Hybe of overlooking the similarities between NewJeans
NewJeans (), also known as NJZ (), is a South Korean girl group formed by ADOR, a sub-label of Hybe Corporation, Hybe. The group is composed of five members: Minji (singer), Minji, Hanni (singer), Hanni, Danielle Marsh, Danielle, Haerin, and H ...
and Illit, a girl group that debuted in March 2024 under Hybe's sub-label Belift Lab. In her statement she accused Hybe and Belift of refusing to acknowledge the claims of Illit plagiarizing NewJeans
NewJeans (), also known as NJZ (), is a South Korean girl group formed by ADOR, a sub-label of Hybe Corporation, Hybe. The group is composed of five members: Minji (singer), Minji, Hanni (singer), Hanni, Danielle Marsh, Danielle, Haerin, and H ...
' image from music to style, which caused confusion online amongst fans. The value of Hybe's shares fell by 8.03% following the news.
Hybe officially reported Min Hee-jin to the police for "breach of trust" on April 24 following evidence retrieved from the audit that she is attempting to gain management of the label. Hybe later released text messages between Min and ADOR's vice CEO listing a series of methods to take control of the label. Hybe has also stated that they plan to meet with the legal representatives of NewJeans' members to discuss providing them with psychological and emotional care to support them for a successful return in the future. It was also announced that NewJeans, who are set to release a new single in May, will carry out activities as planned.
On April 25, seven hours after the report was filed, Min held an emergency press conference to deny the accusations against her. During the conference, she shared text messages exchanged between her, Bang Si-hyuk, and Hybe's CEO Park Ji-won, some of which included Bang mentioning groups outside of Hybe. She accused Hybe of fabricating her words and revealed that she had filed an internal report in the past because the company failed to address her concerns over their treatment of NewJeans and her as a producer, however, this was ignored by the management. Issues regarding Hybe's leadership also came to light as Min accused Bang of trying to control all of Hybe's sub-labels and removing their uniqueness. Min also stated that she's willing to talk to either Bang or Park but they never agreed.
Hybe requested for ADOR to organize a board meeting on April 30. If the board members refuse to attend, then a request would be filed in court to open a shareholders' meeting for the label. The company also refuted all of Min's claims, additionally stating that she should respond to the audit and promptly step down from her position. Following a court case held on May 30, Min's injunction to stop Hybe from exercising their voting rights to dismiss her was accepted. If Hybe were to violate this and fire her, they would have to pay a compensation of .
On November 20, 2024, Min resigned from all her positions (including the board internal director) at both ADOR and Hybe.
On January 9, 2025, Chairman Park Jung-kyu of the tech company Davolink alleged in an interview that Min had made efforts to "poach" NewJeans. He also mentioned that there had been previous discussions between him and Min regarding potential investment and the possibility of NewJeans leaving ADOR to sign exclusive contracts with another company.
Insider trading
In June 2024, South Korean prosecutors charged three employees of Hybe subsidiaries with insider trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...
. They were accused of selling shares in the company before BTS members announced they were taking a break on June 14, 2022. Prosecutors stated that the employees acted with prior knowledge of the announcement, enabling them to avoid losses ranging from $24,000 to more than $108,000.
Leaked audit documents
On October 24, 2024, Hybe came under scrutiny during a National Assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repr ...
audit when Representative Min Hyung-bae of the Democratic Party questioned the company's COO, Kim Tae-ho, about controversial internal practices. Min revealed an internal Hybe document titled "Weekly Music Industry Report," reportedly spanning around 18,000 pages, which contained derogatory remarks about K-pop idols, unverified rumors, and harsh commentary, with parts of it being leaked online after the hearing. In response, Hybe CEO Lee Jae-sang issued a public apology on October 29, explaining that the document was "a compilation of public opinions and reactions related to K-pop trends and issues," shared with a limited number of executives to analyze market and fan sentiment. He acknowledged that the content was highly inappropriate and unacceptable, adding that Hybe was "reaching out to each agency individually to offer our apologies directly." Lee also apologized to the artists under Hybe who had been criticized as a result of the document.
Filmography
Documentary
* ''Pop Star Academy: Katseye'' (2024) (with Interscope Films ( PolyGram Entertainment) and Boardwalk Pictures)
Drama
* '' Begins Youth'' (2024) (with Chorokbaem Media)
Exhibitions
* "Hybe Insight" (2021) in South Korea
Reality and variety
* ''I-Land
''I-Land'' (; stylised in all caps) is a South Korean boy group reality competition series produced by Mnet and organized by Belift Lab, which at the time of airing was a joint venture between entertainment companies CJ ENM and HYBE.
Twenty-th ...
'' (2020, Mnet
M-Net (an abbreviation of Electronic Media Network) is a South African pay television channel established by Naspers in 1986. The channel broadcasts both local and international programming, including general entertainment, children's series, ...
) (with CJ ENM
CJ ENM Co., Ltd (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 1994.
CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ ENM Entertainment Division, CJ E&M and ...
and Studio Take One)
* '' &Audition – The Howling'' (2022, Hulu Japan
Hulu, known outside Japan as Hulu Japan, is a Japanese Subscription business model, subscription Streaming media, streaming service owned and operated by HJ Holdings, a subsidiary of Nippon Television, Nippon Television Network Corporation. Laun ...
& Hybe Labels YouTube Channel)
* '' R U Next?'' (2023, JTBC
JTBC (shortened from Joongang Tongyang Broadcasting Company; ; stylized in all lowercase) is a South Korean nationwide pay television network. Its primary shareholder is JoongAng Holdings, with a 25% stake. It was launched on December 1, ...
) (with Belift Lab, Studio JAMM and Mushroom Company)
Concerts and festivals
Philanthropy
On February 13, 2023, Hybe donated 500 million won through Save the Children to support the recovery of victims from 2023 Turkey–Syria earthquake
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious and cultural significance in many societies ...
.
On April 2, 2025, Hybe donated 1 billion won through National Cultural Heritage Administration
The National Cultural Heritage Administration (NCHA; ) is a national bureau managed by the Ministry of Culture and Tourism of China. It is responsible for the national protection of cultural relics and the regulation of museums.
History
After ...
and National Trust
The National Trust () is a heritage and nature conservation charity and membership organisation in England, Wales and Northern Ireland.
The Trust was founded in 1895 by Octavia Hill, Sir Robert Hunter and Hardwicke Rawnsley to "promote the ...
for Cultural Heritage to help repair and restore national heritage damaged by wildfires
A wildfire, forest fire, or a bushfire is an unplanned and uncontrolled fire in an area of Combustibility and flammability, combustible vegetation. Depending on the type of vegetation present, a wildfire may be more specifically identified as a ...
in the Ulsan, Gyeongbuk, and Gyeongnam regions.
Notes
References
External links
*
{{Authority control
2020 initial public offerings
Companies based in Seoul
Companies listed on the Korea Exchange
Electronic music record labels
Entertainment companies established in 2005
Music production companies
Music publishing companies of South Korea
K-pop record labels
Record labels established in 2005
South Korean record labels
Soul music record labels
Synth-pop record labels
Talent agencies of South Korea