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[Alpha Biz= Reporter Kim Minyoung] HYBE saw its stock price plunge nearly 13% over the past week until the previous trading day, amid a revelation battle with Min Hee-jin, CEO of Adoor, NewJeans's agency and label. During this period, the market capitalization increase exceeds 1.2 trillion won.
The popularity of the idol group "NewJeans," which was at the center of the dispute between the agency and its affiliated labels, still remains.
The music video for the new song "Bubble Gum," released by NewJeans on the 27th, exceeded 13 million times this morning. As of 10:02 am on the day, the video has 13.25 million views.
Seventeen, a group affiliated with HYBE label Pledis Entertainment, will also make a comeback on the same day with its best album "17 17 IS RIGHT HERE."
알파경제 Kim Minyoung Reporter(kimmy@alphabiz.co.kr)
