NJZ Updates and Discussion

[hoary frost]

truckjeans newtrucks

[half goblet]

kpop maybe, others no, especially rock

[snow turtle]

hell yeah, finally some protest trucks

[fierce cloak]

it seems k-tokkies send 2 trucks tmr and 4 trucks on friday
Combine with c-tokkies 3 extra trucks, we gonna have 7 trucks on friday
It wont be able to impact on court decision but still good morale support

[buoyant hamlet]

truck stocks going through the roof

[acoustic valve]

letsgooo PRC bunnies on the move 🫡

[tiny peak]

yeah I don't know how the actual "takeover" happens, nothing ever adds up and we now know how often they stretch the truth

[tawdry vessel]

njcord truck when

[acoustic valve]

I find it funny how everytime Ador is forced to refute an allegation from Hybe that they publicly leaked to the media, Hybe's retort is always "We hope representative Min will stop dragging things into the public, it's harming the value of Ador".
And then the next day, Hybe will drag some random ass allegation back into the public. Fck, I hate this company

[valid sierra]

*x https://twitter.com/haerinskumu/status/1790525765031018835

[harsh dove]

@haerinskumu <t:1715729583:d>

[short laurel]

that's so isnulting to original. belift should be ashamed.

[opaque torrent]

There she is. I’ve been waiting for this drop the whole day 🥲 not even Buddha can stop HYBE

A few weeks ago they leaked that MHJ was asking for 30x operating profit and today they acknowledged it was a negotiation tactic for 20x

[short laurel]

can u tldr that article? i can't understand google translation

[hoary frost]

papago

[opaque torrent]

basically arguing the kakao chats can be a breach of trust bc they contain steps that can be put into action and ador was already doing it by renegotiating contracts, manipulating parents into filing a complaint, selling stocks to buy a house, predicting an audit on the 22nd, etc. etc

these are new:

Hive believes that Mr. A has △provided review opinions regarding the seizure of management rights, △proposed conditions for revising the shareholder agreement signed by Hive and CEO Min Hee-jin, and △arranged meetings with foreign investors to sell Adore shares. [...] It is known that Mr. A arranged a separate meeting with Adore management prior to the Hive meeting for a foreign investor who visited Korea to invest in Hive on April 17. This contradicts CEO Min's claim that he has never met any investors.

they're saying one of ador's execs sold their stocks (yesterday's news) but they were advising a foreign investor to buy hybe stocks. blah blah this is insider trading

[hoary frost]

no this is about ador meeting A (analyst) from foreign securities firm. they're saying that this A gave MHJ all advices about contracts and such. this A made purchase report which analysts do like predicting company's future stocks and whether it is worth buying. hybe claims their report negatively affected company's value as they used undisclosed information for their personal gain

[opaque torrent]

oh maybe idk i am half asleep

[opaque torrent]

oh you are right lol i am more awake now

[hoary frost]

hybe thinks this can establish mhj's breach of trust

[opaque torrent]

i think its another case of 'its all perfectly legal, but since it's going against hybe they consider it breach of trust'

for insider trading, dont you have to prove that the trade or whatever did enough damage to cause some sort of ripple affect on their stocks? vp shin made a 14k usd profit to pay off his house and no one else? lol and dont they need their shares to take over ador? lol

[hoary frost]

also it says A arranged meeting with foreign investor, which MHJ denied before

[opaque torrent]

knowing hybe, they're just twisting facts like maybe the foreign investor is her shaman who's actually chinese or something

[hoary frost]

[opaque torrent]

Hive believes that Mr. A served as a de facto advisor in connection with the takeover of management rights from Adore management. Mr. A even proposed specific action plans, including civil and criminal measures against other labels and Hive.

In particular, Mr. A also advised on the put option conditions in the shareholder agreement signed between Hive and CEO Min, which was pointed out as the core of this conflict. In December of last year, CEO Min requested Hive to revise the agreement between shareholders regarding the disposal of Adore shares. In the contract, CEO Sang-min was able to transfer his 13.5% stake to Hive through a put option, at which time he requested that Adoor's corporate value be changed from 13 times operating profit to 30 times.

Mr. A believed that the standard for determining Adore's corporate value could be up to 35 times operating profit. Accordingly, he reportedly advised Representative Min that the put option standard should be around 30 times operating profit and proceed with the goal of agreeing to 20 times the level of operating profit in the final negotiations.

Hive claims that Mr. A's collusion resulted in business losses, including a loss of reputation for the company and the artist in general. CEO Min made claims about Hive with content similar to Mr. A's advice, and as these content became an issue, Hive's stock price fell.

lol but what ultimately led to their stock falling is their decision to make the audit public and their smear campaign against her

[hoary frost]

probably hybe is claiming that this is mhj's attempt to make ador empty shell. drop stock value and make other company take over or whatever

[waxen musk]

It's such a simple thing to say "if you didn't make this public your stocks wouldn't have fallen" but it's bloody true!

[hoary frost]

genuine stocks were just fine before audit was announced idk how mr A report affected hybe

[opaque torrent]

if this is solid proof, hybe could've handled it internally and forced a quiet resignation

[hoary frost]

i wish i knew the date that report was published to see the change in stocks

[opaque torrent]

something (a lot) is missing lol... but most of this is what hybe shared with the public when they first did mediaplay along with the kkt chats. many lawyers looked at it and said it doesnt constitute breach of trust. even if they were to take action and commit hostile M&A, it is legal

[hoary frost]

hybe filed application to FSS to investigate this A and also ADOR i think

[opaque torrent]

this article also implies that if mhj were able to get the current 13x to 20x, she would've been satisfied and kept tolerating hybe... i dont see the issue?

hybe acted like 20x was unreasonable but its not

[hoary frost]

i think point here is that

1. MHJ met foreign investor with intent of taking over management rights (but it is impossible to do this without gaining control over extra 31% and forcing hybe to sell that 31%. is it crime to meet investor?)
2. MHJ's advisor was A from foreign securities firm who used undisclosed information for personal gain which affected hybe value. i think hybe wants to claim this is MHJ's attempt to make ador empty shell and drop the value of shares so hybe is forced to sell it

[hoary frost]

exactly

[opaque torrent]

oh maybe this is her venture capitalist friend who's trying to help her lift the non-compute

[tiny peak]

right, I think she explained a lot of this already, HYBE recycling their media play

[opaque torrent]

2. Regarding the claim that the monetary compensation was not enough

CEO Min claimed that her salary is 2 billion won (approximately $1.45 million). More accurately, the incentive for her 2023 performance is 2 billion won, and her salary and long-term incentives are calculated separately. This salary is the highest by far among all individuals who work at HYBE headquarters and the Korean subsidiaries.

HYBE also provided substantial stock compensation apart from the salary. The value of her stocks is very large to the extent that cannot be imagined by normal people. Nevertheless, CEO Min proposed an amount that the company could not possibly accept and led the conversation to a disaster. We see this process as her setting up a pretext to gain independence of management rights. https://www.soompi.com/article/1657474wpp/hybe-releases-new-detailed-statement-as-refutation-of-ador-ceo-min-hee-jins-claims-at-press-conference

and then they leaked that she asked for 30x and ador countered that it was a negotiation tactic.

[hoary frost]

ador will probably refute. they should start statement with "Even God rested"

[heady gate]

https://x.com/CakeDegg/status/1790588646057271364

Cake🍀 (@CakeDegg) on X

A company like this accused a man of manipulating a trillion stock market with just 100,000, and accused a woman with an 18% share of attempting to seize the management they hold 80% of
SHAMELESS

Twitter · May 15, 2024, 3:42 AM

[short laurel]

comments are funny. now it's f both mhj and hybe. everyone forgot mhj words not to blame idols.

[opaque torrent]

(also from their rebuttal to her presscon)

If the compensation request is accepted, it’s good, and if not, they intend to use it as a pretext to end the relationship.

yeah, and? thats the point of negotiations lol that's not breach of trust

[short laurel]

it's so silly. now that people are figuring out hybe is bad. so they gonna hate on boht but nvr admit that hyeb aloen can be bad.

[hoary frost]

which comments

[short laurel]

soompi posts

[hoary frost]

ah lol

[opaque torrent]

like they admit that they know she was ready to compromise at 20x, which is reasonable amount based on their operating profit AND ador was debuting a boy group, but they purposely said she was asking for 'more than half' or '30x' otherwise she would go rogue aka do something perfectly legal and seek investors

on one hand they're admitting she was negotiating in good faith while trying to accuse her of trying to run away with ador lol

[hoary frost]

yeah

even if A dude used undisclosed info for personal gain, how can MHJ be blamed? its not illegal to seek advise from others, how can she be responsible for someone's actions

[opaque torrent]

yeah this whole thing has been trying to take the "wrongdoings" of others and blame it on mhj

[hoary frost]

we will see how it plays out. FSS will def get involved

[short laurel]

FSS should investigate Hybe too.

[waxen musk]

I keep reading it as ffs which seems more appropriate.

[hoary frost]

yes, it would be more appropriate to launch complete investigation on HYBE

including ador, belift and whoever

[short laurel]

investigate on everything there is to investigate by all the authorities who handle all the things. they gonna find sooo much

[opaque torrent]

they are doing this to fuck with her, that is all

[hoary frost]

its wishful thinking to assume that hybe does not have some sort of substantial evidence as they are summoning FSS. they summoned them during Kakao-SM and sent Kakao executives in jail

[short laurel]

one of scenario. hybe already showed they don't know whats legal or illegal. their evidence could be poor again

[opaque torrent]

Internet giant Kakao won a controlling stake in SM after an intense bidding battle with Hybe Co., the label behind boyband sensation BTS. Financial regulators accused the executive, along with two others working at Kakao and Kakao Entertainment Corp., of buying 240 billion won ($178 million) in shares of SM in an attempt to disrupt Hybe’s offer.

178 million vs 14k tho 🥴

[short laurel]

10$ xD

[hoary frost]

their PR game is poor but they have top lawyers, i assume they know better

[short laurel]

again top lawyers doesn't mean they are always right. mhj side's lawyers are good too

[half knot]

yeah I don't know if the top lawyers part will help if they aren't in solid legal ground with good evidence. this was the same lawfirm that was active during the HYBE-SM-Kakao fiasco, and MHJ/Ador's lawfirm are the ones who were working for Kakao on that case.

[opaque torrent]

but some kakao execs went to jail 🥹

are we gonna have a jail-off?

[half knot]

I mean some HYBE execs also went to jail over selling before BTS hiatus announcement crash

shit happens. lol

[short laurel]

we don't know what'll happen until invtestigation by FSS is over

[opaque torrent]

bye vp shin

im jk lol i hope ador rises

[short laurel]

vp shin could be safe too. so don't lose hope

[opaque torrent]

it seems like hybe is throwing more hail mary's than ador is

https://www.instiz.net/name_enter/92162761

hybe has an exclusive artist elevator so bang pd has been committing psychological warfare against htem

[short laurel]

dude that doesn't matter. if someone greets u, especially a kid is greeting an adult. it's good manners to greet them back. it's not just an east only thing. it's common practice through out the world.

bang meanwhile couldn't recognize face, couldn't c them bowing and couldn't hear them greeting him in a small place the elevator.

[opaque torrent]

Mr. A is translating into Anal 🫠

[gaunt flame]

hybe is indeed pain in the ass

[dry atlas]

i've been away

do i need to pin anything

[opaque torrent]

@dry atlas

[dry atlas]

According to the music industry on the 15th, Hive submitted a petition to the FSS the previous day, requesting an investigation into alleged violations by management of Adore, an affiliated label, such as spreading false information, market manipulation, and stock trading using undisclosed information. It is reported that Mr. A, an analyst at a foreign securities company, is also included.
https://isplus.com/article/view/isp202405150126

[hoary frost]

what news will hybe drop on may 24. perched to see

[old cypress]

no holiday for hybe

they're projecting again lol

[old cypress]

if I was ador's lawyer i'd keep receipts asf. But IMO 20x is still unreasonable.

[short laurel]

i didn't know countries celebrated buddha's birthday on different dates

20x from start of ador. how is it unreasonable ?

newjeans value has increased. inturn shares value increases too

[old cypress]

no it's 20x of the 2year operating profit average

HYBE has to pay for it, from their POV it's a dealbreaker since it represents several years of newjeans activities. They will basically make 0 from ADOR

[short laurel]

then how much do u think is appropriate ?

[old cypress]

no put option at all

because the problem with ADOR is everyone will leave once newjeans contracts are over

so the company future value is 0

[fierce cloak]

I actually can see that the lawfirm advise MHJ/ ador to focus on their work and ignore Hybe, and only respond if hybe accuse something new, but wont do any "counter" attack or arguing coz it just frame Ador/ MHJ as "breach of trust" by attack Hybe. Meanwhile Ador able to gather more evidence of hybe behavior and intention without being the "aggressor" and still able to show they are truthful and consistent. They use Deflect and defense rather than head-on agaisnt hybe

[old cypress]

Yeah most likely

Hybe is contradicting themselves through the various reports ADOR will use that to show that hybe is spreading false information

[short laurel]

that's why ador was looking to make boygroup. and the way mhj was handling things i doubt nj would've even had thoughts of leaving as contract ends but we don't know that. and well hybe made things bad. but still i m saying the company makes more group when 1 group grows older so company value doesn't jsut becomes 0. besides the company still owns the copywrites over content that they released and trademark for group name.

but well that's if hybe wasn't playing bad. too late now

[fierce cloak]

also it seems today Hybe officially become a conglomerate in kr standard and will have public audit? Im not so sure about this information but would be interesting if they got audit by gov for real without ador even do anything

[old cypress]

I don't think the BG is happening as relations between hybe and ador completely soured. Copyright and trademark on old songs are not enough to justify the amount needed to acquire the remaining 18% of ADOR

[short laurel]

and put option is normal tactic. not having any at all would be hard in many company for people of mhj level. problem here was how logn hybe was makign it for her.

[short laurel]

yea that's the case now. i m just trying to explain why 20x wasn't excessive and why company's value won't be 0 if members leave(if hybe wasn't playing their nonsense)

that's the scenario where hybe was a nice comapny

[old cypress]

Relations already soured when they started negotiating. The company's value will be 0 if newjeans and mhj leave. 20x is definitely unacceptable from HYBE's pov

especially since they got scammed in the ithaca deal

Also put option doesn't mean that mhj is obligated to sell her shares back to hybe. She can always sell to outside investors (13.5% of them)

[short laurel]

yea u are talking about now. but we are talking about when it all started negotiating. to hybe 20x seems bad but it's less than what she deserves. for ithaca deal. that was hybe's fault anyways. hybe pov is just bad pov but speaking of whats deserved 20x is not excessive.

[old cypress]

It was already bad, didn't you see how they treated mhj? And how park jiwon scammed her by telling her to sign the agreement?

[short laurel]

ofc it was bad. u are talkign about what hybe thinks. hybe thinking form business stand point has been stupid. i m talking about whats deserved.

[old cypress]

Of course MHJ deserves more, she even deserves 80% of ador. But that's in a perfect world

[fierce cloak]

now we just wish they even pay the money, otherwise the worst case she being lock in hybe basement and not get pay a dime

[short laurel]

i was tlaking about why u said in your opinion 20x is unreasonable

[old cypress]

The worst case is she gets fired, and hybe exercises their call option to buy MHJ shares for 2B won instead of 72B+

since MHJ spent 2B to acquire these shares, she will be left with nothing pretty much

[short laurel]

worse. she loaned it from bang didn;t she ? she'll be pennyless

[old cypress]

she'll repay him with the share sale obviously

[short laurel]

that's why she'll be pennyless.

but hybe need valid reason to buy them for 2b. so far hybe has not produced any valid reason

[lucid yarrow]

now i think about it ador boy group trainee parents must be super piss off at hybe thier careers in limbo

[old cypress]

No they just need mhj to leave her CEO tenure before the due date

[old cypress]

not exactly, she has money from other sources but yeah she will make nearly nothing from her shares

[short laurel]

and they need a valid reason to fire her since she wouldn't leave own her own and it's illegal to do so without.

[short laurel]

ofc i m talking about ador only here

[old cypress]

They don't need a valid reason to fire her, they own 80% of ADOR which is why they're firing her on may 31st

[short laurel]

hybe will be in loong term case if she's fired without reason.

[old cypress]

Maybe, there no way to tell

CEOs being fired without reason happen all the time so it will be a bit complicated

[short laurel]

no. jsut cuz they own majority doesn't mean they can do whatever. there are laws protecting against unfair termination. it will be long term lawsuit. which will eb annoying to both sides.

[leaden igloo]

ok to summarize hybe is going after everyone around mhj bc going after her directly is bad pr

[short laurel]

everything hybe doing at this point is bad pr

[old cypress]

CEO is a different position than your average employee, it's pretty much an ejection seat. Arguing for unfair termination is a probably lot harder for a CEO position than for any other position. It's not impossible but it's hard. But what do I know, I'm no lawyer

[short laurel]

but that doesn't mean she won't go after it. she probably will.

[leaden igloo]

I wonder if ador can file for breach of trust against hybe

[old cypress]

Is there any legal commentators arguing that MHJ could sue back for wrongful termination ?

If so, if you have a link that'd be nice I'm curious

breach of trust yeah i've seen that take a few times

[short laurel]

people were talking about it here. many people came here said hybe can do whatever and fire anyone. but everyone else point that she can file a lawsuit for it. and from what i checked online she can. as for what u requested. there was one but hard to find @acoustic valve probably knows?

[leaden igloo]

someone sent that screenshot but I can't find the link

#1231839760759263232 message

[acoustic valve]

the specific relevant law, but there's probably more clauses included in both ador's bylaws and mhj's individual contract that cover wrongful termination, but what the law stipulates should be the bare minimum #1231839760759263232 message

[old cypress]

that's about the injunction

Also, since HYBE's justification for terminating mhj is "breach of trust", if the police doesn't charge MHJ then maybe she can argue towards wrongful termination

[short laurel]

yes that's where everything hinges on.

the justification hybe gave so far atleast in public has been too weak. other than that we don't really know anything.

also #gaming-chat abotu the game company park jiwon used to be in.

[hoary frost]

i just realized that was gaming channel....

[short laurel]

that was kinda unrelated so i thought gaming channel was best to put it in.

[opaque torrent]

does anyone know whats going on here? https://theqoo.net/hot/3231663941?page=2

[short laurel]

from google img translator. it sounds like lovingg oooo n trash talking on mhj n they seem to not like nj.

why the put the conclusion in image too.

[opaque torrent]

https://cdn.discordapp.com/attachments/1231839760759263232/1239986392822583386/Screenshot_2024-05-14_123637.png?ex=66459391&is=66444211&hm=b98b97229f6f1ed663bdc5eab257fe8d5afc0686a2cbbb94538f9b30e0530211&

[hoary frost]

they think its hybe employee or someone paid by hybe to stir public opinion by bashing mhj/nj and praising ooo

[hoary frost]

they're also saying its so obvious that getting her to read malicious comments was set up on purpose, all the korean comments are bashing hybe/belift staff

companies often use company staff to write comments on forums. they also buy "water army" to direct public opinion

[opaque torrent]

gosh even pannchoa/dailynaver/pannatic/koreaboo/akp/soompi took the day off HYBE lol no translation of hybe's new accusation. or maybe they're waiting for ador's rebuttal to put it all in one post lol

i dont think they even bothered with the insider trading presser

[hoary frost]

they should stop media fight

its exhausting and comeback is coming up. you have proofs? go and show it in court.

[opaque torrent]

right why are they trying so hard to win over the public now? winning the court battle will win over the public!

this all just proves they're sabotaging newjeans and ador

[arctic sky]

except tmikpop

https://fxtwitter.com/tmikpop/status/1790713778616623544

[hoary frost]

i hope at least bongo pays her

[opaque torrent]

that was a good translation. i wish she'd do the same for ador's pressers lol

[hoary frost]

if that person is really employee, u can see hybes intention to paint nj as 5050 bc they knew nj and parents support mhj.

this only further convinces me that hybe never had intention to spare newjeans since day 1

[acoustic valve]

ironically, like many things, the ones that fight for free always fights harder than the ones being paid... the trick is to get people to do it for free. Hybe kinda mastered that with army

[hoary frost]

yea, brainwashing is the most effective

[acoustic valve]

yep, exactly

[opaque torrent]

but k-armys arent doing this?

[acoustic valve]

nah, k-army hate bsh's guts, most of them anyway. I'm sure there's a tiny handful of delulu ones

imagine being a woman in korea and siding with BSH on this case against MHJ...

[hoary frost]

https://theqoo.net/hot/3232071411?filter_mode=normal

knetz digging up mhj posts from 2001 when she was student 😂😂 her tone and way of writing: ^^ 00; ~! lmfao i cant imagine

[hoary frost]

we need to bury this LOOOL this is so embarrassingly cute.. 2001.. jesus..

bossa nova fanclub ...

[opaque torrent]

Working with stinky men killed her spirit

[acoustic valve]

20 years from now some of the NJ girlies may become no-bs women that call out the gaejussi just like her in a press conference... hard to imagine, but possible

[tiny peak]

VPs of ADOR

[serene cloud]

Does anyone have a summary of the latest thing with the foreign investors

[old cypress]

I can see that in Hyein

[opaque torrent]

@serene cloud here lol

[short laurel]

the 2nd pic. that would only bring more hate to ooo. why they self sabotaging.

[hoary frost]

their plan mostly worked imo - the inital kr reaction was feeling sorry for them/itl fans are still eating this up well

[short laurel]

dam

nj management do so much to hide bad comments from NJ. while oooo's staff showing them the comments. which is better it's clear

[leaden igloo]

it doesn't seem like belift is doing much to protect 000

this contrasts with source, which is flooding my feed with videos of their artists being good at dancing and having positive interactions with fans

[opaque torrent]

Comment 115:

The general public believes that because they don't know much about the governance structure. So it seems like they are pushing it. To secure control of a company, you must secure 50%+1 share or more. In other words, you must have a majority stake, which means that no matter what you do, it is impossible to take over unless you give up 30% of the shares that Hive owns. Then, the only possible way is to turn Adore into an empty shell and seize it, that is, to store Nugenes and reduce the value of Adore's share to shit so that Hive gives up its share. However, in that case, it seems that the company is leading the collection of Newgenes. Because this is also running, it is difficult to see. Well, let's say that Min Hee-jin's side increased the value of the stake by up to 30 times by making a lot of concessions. Even so, if you don't sell your shares in Hive, it's impossible to acquire shares in Adore in any way, and you can buy Hive shares after lowering Hive's stock price, right? If so, Hive's market capitalization is over 5 trillion won, so I would like to tell you that Min Hee-jin has no choice in becoming a major shareholder with the amount of money she has..^^ Oh, by the way, the reason why it is said to be control rights, not management rights, is because the management rights belong to CEO Min Hee-jin in the first place. Imda^^ In other words, the wording of usurping management rights is also a word with a lot of intention.

https://theqoo.net/hot/3231340930?m=0&page=5

Can someone put it in human English?

[short laurel]

koreans are smart.

[acoustic valve]

didnt steve jobs have some classic quote about it

[hoary frost]

Think they're basically saying that it's impossible for her to take over the company, asserting that it was all part of a planned media play from the beginning. The accurate terminology should have been 'takeover of control rights' instead of 'takeover of management rights' as Hybe used in the articles, since she always had management rights.

Apparently they were misled by the articles so initially they weren't on her side, but after properly analyzing the stake relationship and shareholder contract, they realized it was a misunderstanding. + They claim they work at a securities firm

[acoustic valve]

i hope they're right

[opaque torrent]

This is me

So when MHJ and Mr. ABC concocted this plan, they fully anticipated HYBE to audit them publicly, run a smear campaign and then saw MHJ’s triumphant press conference that would win over public opinion and drive down their stocks further? lol

If they didn’t make the audit public, HYBE would’ve agreed to every proposal and take it lying down bc they’re poor naive victims.

[acoustic valve]

likewise, like, I don't really care whether she's trespassed corporate law... it's clear what's going on here whether or not laws were technically broken

[short laurel]

i checked hybe's stocks. it was falling even be4 this drama started.

[copper jetty]

Where did hybe's stock closed at today?

[copper jetty]

Well it's stable rn.

Unless something happens again or hybe makes another comment

[half knot]

from the audit announcement until now, they lost nearly 19% stock value.

[hoary frost]

will probably increase it mhj loses injunction

[half knot]

stock market is unpredictable, positive or negative news doesn't always correlate with a respective movement

I suspect a significant part of their value loss right now is their earnings two quarters in a row being priced in

they really underperformed.

and the potential of one of their only positive cashflow assets being disrupted or interfered with probably isn't playing very well to the confidence of investors and their algorithms.

and overall it shows a significant weakness in their prized multilabel system

[hoary frost]

imo it will most likely bounce back either way - if they lose, bts is soon to be back + hybe will work their other idols to the bone. If mhj wins, then newjeans activites are a plus

[half knot]

that hasn't really reflected in their stock price either. their idols have been working to the bone for the past 2-3 years too, but their stock price kept declining from their pandemic highs

HYBE artists have been super active this year even, and the price just kept falling from early Jan

but that's the case for all kpop companies and most of korean entertainment as a whole, confidence is very low, as this is not a stable market anyway, it's a relatively high risk high reward market.

[hoary frost]

True, but I put much more emphasis on bts returning

[half knot]

given that they weren't able to confidently announce all BTS renewed past 2025, I don't know how much of a boost BTS will give them in the long run.

[hoary frost]

i pray they dont

yeah, analysts were talking about stagnation of kpop's growth globally. plus Chinese market contribution also decreased significantly. there is not much expectations for kpop rn thats why everyone is exploring USA

[old cypress]

nah stock market reflects future expectations

[half knot]

^ it's all priced in well ahead of time.

of course BTS will continue to be popular and huge moneymakers if they stay with HYBE or not, but the overall trend of artists returning from enlistment and remaining as relevant over a long period of time is pretty grim in kpop.

[old cypress]

JYPE stock has been crashing since last year

[half knot]

the boys are kind of getting shortchanged with their solos being released while they are away or as they are going away, like HYBE is just trying to get that out of the way for the group comeback with american pop slop.

[hoary frost]

but hybe stocks in this case is fluctuating due to scandal mainly and shareholders room on naver (idk if they are actual shareholders) just wants ador to be cleaned up and mhj gone.

[half knot]

then HYBE should pay her the severence and put options promised so she'd leave peacefully lol

instead they are trying to shortchange her too with all kinds of nonsense accusations.

[hoary frost]

they dont want hybe to spend money. like bongo like shareholders

[old cypress]

HYBE can't, it's up to MHJ to exercise her put option

[half knot]

yeah but they are trying to dismiss her so she'd be unable to exercise them when she isn't fulfilling her part of the contract as CEO.

[serene cloud]

If they fire her, they would have to pay her a tiny sum

[hoary frost]

just wicked

hybe also knows that regardless of how this ends newjeans will be the one who will take the most damage yet they dgaf

[half knot]

you imagine that's a side-effect and not one of the main intents.

I think damaging NJ brand, future, influence, etc. is one of their primary goals in all this.

[old cypress]

idk about that, if anything newjeans is more popular

[half knot]

that's HYBE's PR incompetence at even smearing and tarnishing something lol

but there clearly was an attempt at ruining the person responsible for NJ and NJ by association with all the mentions of parents and all that.

[old cypress]

yeah for sure

their next plan seems to be shelving newjeans until OOO cements itself as a newjeans group. And perhaps giving a different concept to newjeans so OOO would be the one with the newjeans concept.

[copper jetty]

Thing is can they keep up with the concepts though?

[hoary frost]

didnt they get laptops to secure data

im sure they will use it well ~

[copper jetty]

They did. Thing is it's just concepts for now. The problem are songs.

Compare NJ songs to 000 songs there's only one song that broke through. So concept wise they could've gotten things but I doubt the songs though.

[short laurel]

concept of NJ is not something they can just understand with notes alone. there are alot of little things that made nj so popular. things that people in high position often miss easily.

[copper jetty]

True.

[short laurel]

NJ has been very involved in everything they release so far. and in so many mv's they look like they are genuinely playing around and they just took clips from that. can hybe do all this ?

[copper jetty]

And I would say kudos to MHJ for this. She really chose the members and their personalities kind of shines through every song and MV they do. And even in their contents.

The way the bg vocals in bubblegum is vocaling whoever those are.

[short laurel]

• future planning that MHJ done for NJ were probably not set in stone but left alot of room for changes depending on how they grow and how world around grows. this is very important for every industry. so if hybe thinks they can jsut take whatever is writen in notes and apply to any group. they are gonna find out how stupid that thinking is.

[hoary frost]

music, concept, branding and marketing - ador is simply unmatched

newjeans has everything unique to them and made for their own style including choreography.

[short laurel]

personally i think NJ done little too many ads.

[hoary frost]

this is the brand ador built and ador knows the best how to develop it. removing people who create this very brand identity is just killing half of what contributes to group's success.

[copper jetty]

I think that's the actual plan this year though. That's why Newjeans are everywhere

[half knot]

fair, but it allowed very positive cashflow for ador

[short laurel]

yea.

[half knot]

and it established individual members with various brands so their futures would be secure even after NJ

[copper jetty]

And if hybe didn't interfere that could've been fund for ador new BG

[half knot]

as opposed to say the JYP approach of being afraid of a Suzy repeat for example

[hoary frost]

twice and bp at their peak had a lot of ads too. CFs earn the most money after touring. more than album sales, more than streams. also ADOR uses it smartly. how do u think NJ achieves visual albums? they are only group that has MV for every song. MVs are not cheap, imo thats the reason they are utilizing advertisements this way

[half knot]

yeah ador was clearly trying to have enough money to not depend on HYBE investment.

but yeah I think I get namiko's point, NJ could have done more music too with all this ad money 😦

[short laurel]

yea. and i n me got tired of bp and twice with soo many ads. i worry same might happen with nj.

[short laurel]

i m not worrying about music. their music pacing is fine. i prefer this way. enough breaks and when CB it is good with proper planning and not rushed.

[half knot]

all those endorsement deals though will be very expensive to break for HYBE if they wanted to bury NJ, so at least from that perspective the girls will be around a while.

[hoary frost]

i think mhj had a uh what do u call it? quirk? habit? she wants every song to be showcased equally bc she thinks all songs she picks is worthy of being a single. hence, she focuses on small projects to make this happen. full albums are full of fillers, especially in kpop. i think she hates it, just a hunch 😭 but yeah, nj also gets nice breaks and vacations. it is shame that we might never witness full album done by current ador management bc i feel like it would be groundbreaking

i feel like someone like her would pick full album songs very meticulously and might have even done visual album

[orchid field]

daily prayer for tmikpop to get hit by a truck

[short laurel]

actually yea. soo many people have no idea that B side exists. so her way of doing things is better. though it not be financially good idea. people know every song NJ put out. while for other groups people only know the A side and few B side that got too big hit.

[copper jetty]

True. I pray that bunnies will see that album at the end of 2024

[hoary frost]

i think NJ album that was planned for 2nd half of the year had most of the songs picked already. HYBE is really sabotaging them. i hate it

[short laurel]

don't be liek that. just pray the account is banned

[short laurel]

why i feel like those songs gonna end up with ooo

[copper jetty]

Also you might get timed out lol.

[hoary frost]

MHJ said during press con "newjeans has plans until the end of this year with me." labels work on projects months in advance... to think that all will be thrown in water

[hoary frost]

its impossible. BANA is NJ's A&R and producers

even HYBE cant use their production

[short laurel]

oo yea nice. but hybe is bound to take some thigns from them.

[copper jetty]

Yeah. And I doubt BSH ego would want other producers to get that 000 hit

[heady gate]

I am sure BSH has other plans.

[leaden igloo]

hopefully they didn't get any songs during the audit

[heady gate]

Are you talking about the Master record of the new songs?

[short laurel]

i might forget 000 groups original name and end up using 000 everywhere 💀

[leaden igloo]

yeah and other unreleased music

[short laurel]

songs that are planned for album planned for end of the year which might not happen cuz of hybe

[copper jetty]

Imagine talking on stan Twitter and using 000

[heady gate]

It is 3:14am KST.

[copper jetty]

Please let this peace last.

[short laurel]

1 more day dam

[copper jetty]

I hope hybe keeps it's mouth shut and just release evidence in court.

It's annoying already.

[short laurel]

would be funny if FSS find fraud in hybe instead of ADOR.

[heady gate]

I thought there would more news release daily in the late afternoon.

[copper jetty]

That would be funny

But I doubt it since I think hybe has been preparing for this

[short laurel]

Hybe was the 1st to spread false information though. lawyers even pointed it out how hybe is framing totally legal things as illegal.

is there no legallity around this? hybe were straight up making their own laws

[copper jetty]

I mean hybe has been preparing for the FSS audit

[short laurel]

yea. i have no reply to that and hoping FSS finds nothing

[hoary frost]

praying for the best outcome for newjeans 🙏

[acoustic valve]

found a good reddit comment on the legal situation surrounding Hybe's allegations against MHJ, take it with a pinch of salt as always, but it does sound fair and echoes many of my thoughts... but from a far more knowledgeable standpoint
https://www.reddit.com/r/NewJeans/comments/1crhymz/comment/l46qtel/

[dry atlas]

get them here lmao

[opaque torrent]

do you think we'll get a new accusation today?

the last three days were like a trilogy. i wonder if they will build onto it or throw in a completely bonkers one like mhj is a marxist or something

[dry atlas]

ador update

Adore side, “Hive, dust-up kind of instigation... Better say you don’t like Min Hee-jin” [Full text]
https://isplus.com/article/view/isp202405160036

i like this site. google translate plays good w them

LMAO

park jiwon recommended analyst A to mhj

[opaque torrent]

ahahaha

[opaque torrent]

her complexion is so nice. esp in front of so many flashes

[dry atlas]

lol

In addition, at the time of the conversation, on April 17th, just 5 days before Hive's audit, we can see that he was looking forward to the growth of New Jeans and the future boy group, but it is claimed that he encouraged the termination of the contract. What kind of nonsense is it that the circumstances of the usurpation of management rights have been discovered?

[opaque torrent]

shes gonna come out of. this with sulwahsoo contract

[dry atlas]

What kind of breach of trust did CEO Min Hee-jin commit to Adore as its CEO? Are you saying that by committing an act of breach of trust, you achieved the ‘highest performance in the shortest period of two years in the 30-year history of the industry’?

Vice President L has been at Adore for a little over three months. Expressing Vice President L as 'Min Hee-jin's right-hand man' is a childish and unnecessary statement that appeals to an extremely emotional imagination without any basis, and is an expression that accurately reveals Hive's intention to be a leader.

[opaque torrent]

shes dragging park ji won all over the place in this

[dry atlas]

maybe it's true that this guy was a hybe plant

The evidence that Hive has is nothing more than a KakaoTalk conversation that was obtained by surprise and coercion and whose use consent has now been withdrawn.

this is aligned with the earlier articles about consent being withdrawn

i like ador press releases

[waxen musk]

What's that?

Ador hits back every single time but it seems exhausing lol

[opaque torrent]

a luxury kbeauty brand

its what she deserves 🙂

[timber shell]

ador even described that in above article

[opaque torrent]

the articles are getting less and less comments too. less than 300 comments at theqoo for Mr. A. ppl are over it

[opaque torrent]

mhj's rebuttal already has more comments than hybe's smear from buddha day at theqoo

all eyes on tmikpop lol

[old cypress]

damn ador is mad

that statement

[timber shell]

like ador is tired of hybe's media play

[old cypress]

The evidence that Hive has is nothing more than a KakaoTalk conversation that was obtained by surprise and coercion and whose use consent has now been withdrawn.

it's what we thought, hybe has no evidence

[twin cypress]

Makes sense cause hybe dragging it with petty shhh. When they first announced the audit they said there was so much proof of her betraying them and that she spread rumors about other idols and we like 2 months in with no proof for either claim besides what mhj has showed the world

[ruby garden]

If expressing dissatisfaction with HYBE is problematic, then it should be noted that CEO Min was not the only one dissatisfied with HYBE. Does that mean everyone who had complaints is at fault? It's common sense to express dissatisfaction and seek improvements when there are company issues. Even CEO Park Ji-won expressed his grievances about HYBE to CEO Min and others. Why is it that Park's grievances are acceptable, but Min's are considered acts of betrayal?

this is why

[serene cloud]

https://tenor.com/view/scream-kevin-home-alone-scared-gif-14735390

[outer canopy]

What happened today? Last thing I heard was Hybe accusing her of meeting with investors hence lying during the press conference. Did Ador respond?

[dry atlas]

yes

[outer canopy]

what did they say/ is there a trans?

It's a bit troublesome to translate articles from my phone

[heady gate]

2 more days to Injunction?

[half knot]

possibly less than 24 hours depending on what time the hearing is on the 17th

[dry atlas]

there's a hybe response

[waxen musk]

Didn't someone say we would likely not know the result of tomorrow until maybe next week?

[dry atlas]

hybe response

Hive: “Min Hee-jin, talk about taking over management rights = tongue in cheek? He deceived the entire nation” (full text)
https://www.joynews24.com/view/1720039

[dry atlas]

bruh what does saddam mean

사담

[waxen musk]

I feel like Hybe didn't put much effort into this response.

[opaque torrent]

hybe's going to leak pics of mhj vaping next

[snow turtle]

씨발

[opaque torrent]

side conversation?

[outer canopy]

I don't really feel like reading Hybe's statement...they're probably just saying whatever 😭

[twin cypress]

are they really comparing her to saddam hussein............

[opaque torrent]

- We also strongly urge Representative Min not to use the expression ‘Adore’s side’ when announcing his position to the outside world. This theft of management rights is an incident caused by 'Min Hee-jin', in which some executives participated in an incident that had nothing to do with the company called Adore, but stemmed from CEO Min's personal greed.

it's like arguing with a petulant child?

[opaque torrent]

it means side conversation or small talk. they cannot treat her casual jokes about escaping hybe and running away with ador as merely side conversations

[twin cypress]

i hope the courts side with her cause whatever hybe says doesnt make sense logically or business wise. like how was she planning a hostile takeover with only 18% and also when all her future plans seem to be staying inside of hybe like releasing 4 singles, a full length album, a world tour, and a new boy group.

[vale grove]

If it is found she didn't stage a coup, what is the course of action mhj can take?

[opaque torrent]

she would probably sue for defamation and maybe get the court to lift the non-compute; she could be reinstated if she were wrongfully dismissed

[ruby garden]

sue for the full amount she is owed for the remainder of her term plus additional damages

[vale grove]

And what course would NewJeans have to take from there to become independent from hybe?

[ruby garden]

File an injunction to terminate their contract

[opaque torrent]

if she leaves nj under hybe for enough time and they were kept in the dungeon, i wonder if they could get an injunction and contract termination without the huge penalty fee

to go from 150 to 0 is a good case for mistreatment, esp after usurpation of their CEO

but i am not a lawyer let alone a korean entertainment lawyer

[ruby garden]

yeah honestly i think they have proof of hybe's neglect and mediaplay to tarnish nj brand and image

even now they are doing mediaplay saying "the hate for newjeans is growing"

[dry atlas]

fuck hybe

[opaque torrent]

if we learn anything from 5050's case, it's that you need to give the company time to fuck up legally. unfrotunately newjeans has been thriving under hybe and were a project of hybe's investment. there is no cause for concern, etc. etc just like you need mhj to actually take action to charge her

[quaint crest]

question, if Ador/MHJ were to be removed from Hybe, would Ador be an independent company? or it would just straight up dissapear

and if it actually became it's own company, would NWJNS be under the ownership of Ador or Hybe?

[hoary frost]

impossible to separate ador/newjeans from Hybe due to shares/contracts.
what Hybe wants is MHJ being fired from Ador, then putting newjeans on a hiatus

[quaint crest]

oooooooo I see

wait how does that work, like if MHJ were to be fired from Ador would hybe get permissions to decide what happens on newjeans?

like does Hybe not have permissions right now since MHJ is still on Ador?

[hoary frost]

yup, she has control over managing newjeans as long as she's ceo of ador

[quaint crest]

ahaa

then what abt firing MHJ, if MHJ is Ceo of ador, how are they gonna get her fired? Do they have permission since they have 80% of the company? or through stocks sum like that

everything is super confusing to me right now

all I know is\ MHJ claimed that other groups copied nwjns and Hybe wants MHJ/Ador gone then putting nwjns on hiatus

[hoary frost]

basically yeah, but MHJ is asking the court on the 17th to block Hybe from using their 80% shares to fire her. If they reject her request, then she'll most likely be fired at the end of the month

[heady gate]

It is 12:43pm KST. Any new development?

[quaint crest]

Oh damn….

thats actually bad bruh 😭

wait that’s actually scary

[valid sierra]

https://fxtwitter.com/NewJeansSTRM/status/1790950546586935345
get up 🦅

[quaint crest]

the fate of nwjns will be decided tmr 😭

[quaint crest]

can s1 translate pls

[dry atlas]

*x -c https://twitter.com/CakeDegg/status/1790953595371954241

[harsh dove]

@CakeDegg <t:1715831586:d>

Ktokkis ATE

[quaint crest]

thankss

[dry atlas]

damn it's actually playing get up

[opaque torrent]

https://www.pannchoa.com/2024/05/theqoo-hybes-side-min-heejins-lies-will.html

As HYBE holds 80% of the shares, it was common knowledge that there were no separate investment avenues for ADOR, making such discussions irrelevant. While there was discussion about assessing ADOR's value for market trends, it was not a serious evaluation or negotiation, as indicated by the subsequent conversation in undisclosed Kakao messages: "It's difficult to see ADOR's value doubling or tripling with the growth of NewJeans and the launch of future boy bands, but the problem is there is no way to invest." When viewed in context, the dialogue proves that HYBE's claim of attempting a management takeover is unfounded, as everyone knew it was not possible.

[Text sent from ADOR VP to Min Hee Jin after the meeting

I shared insights about the current situation regarding ADOR's performance, Hee Jin's style, NewJeans plans, and the true face of HYBE. I didn't delve into too much detail about the current situation. He discussed ADOR's value, suggesting that with a value of USD 1 billion (approximately 1.4 trillion KRW) at present, many investors would be eager to invest. He also mentioned that the growth of NewJeans and the potential value increase with the emergence of a boy band could lead to a 2-3 times increase in value, but the problem lies in not having a way to invest.]
https://img4.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202405/16/mydaily/20240516090054773fbgo.jpg

[quaint crest]

thats actually crazy

I honestly also want both sides to fail and eventually end up on good results

but that’s just impossible at this point lol, nothing is confirmable right now and each side is just relying on the fame they get and the support from fans

[serene cloud]

And hybe hasn't refuted that pjw knew about the meeting correct

[quaint crest]

at this point, the more fame = winner lol

why is Hybe doing this again? Wouldn’t putting newjeans on a hiatus make Hybe’s revenue change?

the money newjeans make goes to Hybe anyways right

[torn edge]

can i request a pin for this?

[twin cypress]

hybe saying a whole lotta nothing

[twin cypress]

Also why they spell ador wrong 😂

[timber shell]

translated wrong

[lucid yarrow]

i think hybe is running on spite not money right now...they rather destroy what MHJ built and remake it then continue on and give her any credit for nj success

[stone grotto]

Poor girls. That’s all I care about. Through all this they still are going to their schedules as if nothing happened

[opaque torrent]

literal psychopaths

[grizzled oxide]

is there a livestream people are watching?

[arctic sky]

what livestreaming?

[grizzled oxide]

i dont know if there is, but i read some comments and i thought maybe something was going on with the current mhj vs hybe thing

[serene cloud]

The court won't be streamed

[grizzled oxide]

oh okay, guess ill get my updates here or twitter

[half goblet]

their number one goal is to kick mhj out, the 1.6y hiatus is probably to calm things down

(or to push other groups)

[dry atlas]

hahaha find me in baemoncord

[snow turtle]

sheesh

[neon kelp]

knetizens lol

they don't know how to spell

[short laurel]

"we believe in music" "only 1 person with experience in music industry and that too is mostly copy"

[short laurel]

"However, the lies are being revealed one by one by evidence and facts" does hybe not realise that it's their lies that's being revealed. non of their evidence has been evidence 😂

[sterile umbra]

|| https://www.allkpop.com/article/2024/05/bang-si-hyuk-officially-named-head-of-a-major-corporation-as-hybe-becomes-first-entertainment-company-designated-as-a-major-business-group ||

[acoustic valve]

Don't make me like MHJ even more...

[sterile umbra]

wait, does it mean that ador/mhj will be highly favored and a high chance that she won't be removed from her position?

[opaque torrent]

during the fake ETA scandals where ppl were inadvertently defending ||fascism|| i was like 'i kinda wish lol hybe isn't that cool'

[dry atlas]

[opaque torrent]

this is the text vp shin sent mhj after his meeting with anal A

[grizzled oxide]

wow they wanted to debut a boygroup under ador as well huh

[half goblet]

what the hell they are so good

[grizzled oxide]

time to go to twitter

[half goblet]

shooting themselves in the foot

[quaint crest]

of course its my favourite group that gets into this problem 😭

[sterile umbra]

that sounds exciting, if i'm not spoiling the mood. tomorrow will be one of the days, next is on may 31

[quaint crest]

I dont know what to do with newjeans gone for a year and a half

[opaque torrent]

wait the part about ador having a bg in the works is true... but i dont think that meeting was what it was about

[acoustic valve]

don't even get me started on the chats I had on this very discord about it... drove me insane

[opaque torrent]

2. Min Hee-jin, the CEO, received advice from Director Park Ji-won to consult Analyst A regarding the review of the shareholder agreement.

On December 9, 2023, during a KakaoTalk conversation between CEO Min Hee-jin and Director Park Ji-won, while discussing the details of the shareholder agreement,

23.12.09 Sat

Jiwon: If you can't trust that, then work with that person instead.
Jiwon: I won't stop you.
Jiwon: You decide for yourself.

Director Park Ji-won stated, "If you can't trust that, then just do business with that PE guy" and "I won't stop you" and "Decide for yourself," urging Min Hee-jin to seek a fair valuation from an external consulting firm if she did not trust him. Min Hee-jin, having observed Director Park Ji-won changing his statements multiple times, became distrustful of him and, due to the conflicting interests between HYBE and the labels, as well as the lack of legal and financial expertise within ADOR, sought assistance from her long-time acquaintance, A, to review the contract.

[sterile umbra]

that's a pretty big controversy right there

[grizzled oxide]

boyjeans 🤭 but ya, imma guess mhj wanted to focus on nj more than divert attention to debut a second group

[quaint crest]

if the members were actually put on a hiatus, they wouldnt be making any money except money from sponsors rite?

[quaint crest]

I guess she prefers quality over quanity

[acoustic valve]

sponsors would dip, they wouldn't make any money full-stop

[quaint crest]

thats gonna be rough for the girls, especially 18s

[grizzled oxide]

well personally im not that interested in boy groups so it doesnt bother me. Hopefully this all gets resolved soon so NJ can get back to work and not be put in the dungeon

[sterile umbra]

i thought that they'll be allowed to have sponsors even if they'll be put to hiatus?

[acoustic valve]

yes, which is why it shouldn't surprise anyone if the girls get involved to prevent Hybe from getting what they want

[quaint crest]

I think what TaroBoba meant is the sponsors will take back their deals

[opaque torrent]

we dont know we are speculating

[sterile umbra]

oh

i get it now

[snow turtle]

Were gonna get through this ezpz

[opaque torrent]

i guess what good thing about debuting minors is if their career is stalled, they can go to college instead and not feel like it's too late? 😅

[quaint crest]

nj is the very first group I actually stanned man 😭

[acoustic valve]

The sponsors would not renew contracts for a group that is effectively disbanded

[quaint crest]

I dont think thats possible in Korea

[snow turtle]

keep supporting them then, they arent going anywhere

[quaint crest]

well for college than maybe, but I dont think Hyein can just jump into a class to continue her studies

[opaque torrent]

many idols have gone back to college....

[dry atlas]

the only way i can stomach a hiatus is if they went on a roadtrip across australia or something

go to antartica film vlogs or some shit

[quaint crest]

thats 12th grade to college, Hyein is still in homeschool

[half goblet]

minji flipping burgers in mcdonald

[sterile umbra]

is the hiatus confirmed already or are we just making assumptions right now?

[dry atlas]

she's already working in nike

[opaque torrent]

i think they will be ok. the more hybe mistreats them, the more ground they will have to get an injunction for contract termination

[half goblet]

its foreshadowing

[snow turtle]

they are doomposting again

[quaint crest]

and going to college/school as a famous person would be really tiring as with fans and people just pressuring you since you have the title of " kpop idol "

[opaque torrent]

what is your point? lol

[dry atlas]

they should just enroll in that brain cyber university

[quaint crest]

Hyein will most probaly not go back to school

[half goblet]

ceo of hybe said that, so if mhj loses, its most likely going to happen

[sterile umbra]

idk, it depends on what they prefer and other concerns as well

[quaint crest]

I dont know about Korea/NJ

but for where I live, it's an actual problem

[opaque torrent]

are you saying someone is 'done' at 16-20 years old? 🙃

[quaint crest]

basically yeah, she already has homeschool

[opaque torrent]

anyway

[half goblet]

i mean she already has a bunch of experience modeling, why would she go back to school

[quaint crest]

its not really easy to just quit a career for school

[sterile umbra]

-rule3

[tall dew]

Keep channels on topic. Each channel has a description; please follow it.

[half goblet]

sowwy 🥺

[quaint crest]

my bad I forgot we were in threads

[sterile umbra]

i'm the new johny now lol. let's bring back the topic

[quaint crest]

https://www.youtube.com/watch?v=D8OSSB1GuMA

[dry atlas]

no cult stuff

it's low hanging fruit that is irrelevant to this issue

[opaque torrent]

oh i meant that thread on theqoo earlier where they found someone planting negative stories, was it related to a reporter or a hybe staff member?

im still personally unclear on that discourse

[dry atlas]

i saw that and i think it's a reporter

on hybe's payroll as usual

https://twitter.com/Koreaboo/status/1790945281653244015?t=0WyVC5BNaAW8YF5zhWs2dg&s=19

Koreaboo (@Koreaboo) on X

Reporters Under HYBE Payolla? Netizens Find “Evidence” That HYBE Staged Hate Against NewJeans
https://t.co/RratfJ5tZk

Twitter · May 16, 2024, 3:20 AM

is this related to your thing

[opaque torrent]

im not sure. this post has almost 700 comments and has captures that don't match any of the translated articles that could be related https://theqoo.net/hot/3231663941?page=2

[half goblet]

kalguksu...

[short laurel]

a company whose main profit is based on jsut 1 group. this doesn't look good business wise.

[short laurel]

i read that an doubted if i m even in the same world

[half goblet]

https://www.koreaboo.com/news/illit-hybe-wonhee-livestream-false-newjeans-ador/

[short laurel]

wasn't bg adro's plan ?

[half goblet]

this one is interesting lol

[short laurel]

people have gone to college. they can even opt for international schools and colleges. it's not that hard even in korea.

[dry atlas]

from what i've learned so far, hybe requested ador to make bg, so mhj is asking motivation hence the 30x something (put option? idk) in the contract negotiations

this may be all bullshit

the motivation line was from the presscon iirc

[opaque torrent]

i remember that but i attributed to hybe's constant interference

[hoary frost]

[ocean arch]

https://twitter.com/Koreaboo/status/1790969189433577929?t=QDSu0gvu543WQ5aS2w-vDA&s=19

Koreaboo (@Koreaboo) on X

ADOR CEO Min Hee Jin's Correctly Translated Press Conference Has International Fans Switching Sides
https://t.co/dR0Jyh8kjd

Twitter · May 16, 2024, 4:55 AM

Did Koreaboo mean tikkitokki's video?

They linked the video at the end lol

[short laurel]

why do i always bother to read replies. people still stupid

[ocean arch]

I read a few and instant regret

And why are they all army 😭?

[half goblet]

children

they have too much free time to argue

[short laurel]

ooh is this true ??/

[ocean arch]

That's probably why he's paying dispatch

[mild mist]

"bad translation leads to people being dumbasses"

[ocean arch]

Even with good translation some people lack comprehension skills

[mild mist]

Some people will always be dumbasses

[vapid bronze]

This is facts.

[dry atlas]

saw theqoo post about hybe employees on blind

they're anticipating public opinion shift tomorrow after the hearing

because of evidence i think?

[heady gate]

*x https://twitter.com/Maliz011/status/1791016982332297674

[harsh dove]

@Maliz011 <t:1715846698:d>

[half goblet]

😨

pack the bag it might be over

[half goblet]

ion get it

[dry atlas]

it's mhj posts from when she was 20 yo

[ocean arch]

https://twitter.com/gomdorichick/status/1790946190487347691?t=wfV26-TdaBi-40beCOl13g&s=19

steph (@gomdorichick) on X

Oh the copycats has no original ideas left in them

Twitter · May 16, 2024, 3:23 AM

[half goblet]

yeah i get its mhj, but idk what the post is about

[ocean arch]

I'm convinced that armpits have no brain

[half goblet]

the what now 😭

its not even ador who picked the stage bruh

[ocean arch]

And they are calling nj copycats just because they got the same commercials .I can't 😭

[lucid yarrow]

the title said first girl group to perform there lol i think they have nothing better to do unless bts was doing cwy in nj clothes back then then they got them....

[dry atlas]

army found a new target

blinks can sleep well nowadays

[ocean arch]

BSH was right about one thing army are jealous

[half goblet]

not a dance expert, but doesnt it take 2 examples (the hand and the footwork which doesnt even look alike) to form the mcdonald dance. And the other examples are just common dance moves found literally anywhere else

this opinion isn't biased!

maybe not the hyein one i havent seen that elsewhere

wasnt the "easier said than done" part already debunked

they sampled it or whatever

[hoary frost]

insecurity runs deep there even if u stan biggest group

https://theqoo.net/hot/3233048251?filter_mode=normal

lets sue Netmarble for stock price manipulation ~~~

[fierce cloak]

https://www.pannchoa.com/2024/05/theqoo-kim-yerang-journalist-dahnworld.html

[half goblet]

lol the more post they publish, the more hate they get

stay away from the keyboard bruh

[fierce cloak]

ngl i kinda fascinating with the amount of self hatred from misogynistic army

[short laurel]

these people have no idea what they are talking about.

[short laurel]

it's not about just taking 1 or 2 moves. 000 has too many moves that NJ has some of them being main choreo's. it's crossing the line. ofc twter users not even see the full thing and made whatever they want. and "easier said than done" wasn't even the sample. it's completely different from bubble gum. idk how it works but that's what experts said.

[novel pebble]

I need confirmation, is Attention MV inspired from the japanese group's Speed MV?

like they have permissions

[acoustic valve]

it's the same cognitive dissonance that causes kpop fans to virtue signal against the practice of minors debuting, yet they're the same people that will bully young idols indiscrimnately if it benefits their favs

[hoary frost]

its not even similar 💀

it does pay homage to speed, cheetah girls and tcl as thats the whole point of bringing back y2k/nostalgia.

but thats it. armies can use same screenshot again and again and still it wont be same

[acoustic valve]

1. Probably not, but they also probably did have similar inspirations, which explains the similarities
2. Permission is not needed lmao

nor is asking for "permission" normal...

[novel pebble]

whos cheetah girls and whats tcl

[novel pebble]

Yeha i dont even think it needs permissions, people keep saying its a straight up copy it, looked more like a inspo for me

[acoustic valve]

if you just want a simple answer: No, it's not

[hoary frost]

i love how they are just using attention ss over and over again fkdkkskdkd

[novel pebble]

whats tcl

[hoary frost]

movie and american girl group

[snow turtle]

*tt https://vm.tiktok.com/ZGeC7hENJ/

[hoary frost]

its a reach anyways lol paying homage to something from 20 years ago as the part of y2k concept and copying someone who is your contemporary under same label is different issues. they can keep gaslighting but it wont work

[snow turtle]

Now even the tiktok edits are doomposting, wtf is this 😭

[harsh dove]

@keisxi_

[acoustic valve]

also; even if Speed was an inspiration (which I still don't think it was directly); it's like the difference between doing a remake of the Barbie movie for 2025 vs doing a remake of Breakfast at Tiffany's for 2025.... it's not the same thing at all

[hoary frost]

its just the attempt to gaslight us and discredit the actual issue on hand

[acoustic valve]

pretty much

[hoary frost]

anyways newjeans is mortal enemy of hybe fandoms now. i want them to get away from hybe more than ever.

[snow turtle]

theyll be fine, gwenchanaa

[acoustic valve]

ador unironically needs to implement their 1945 independence plan, an amended version

[hoary frost]

https://x.com/cakedegg/status/1791046492259582049?s=46&t=lncf7vo09FEx5ZDvXg81LA

Cake🍀 (@CakeDegg) on X

ctokkis 🚛 👏👏👏

Twitter · May 16, 2024, 10:02 AM

im hollering

[dry atlas]

lmao

[steep torrent]

is appearing on variety shows usually only done when a group is promoting?

https://x.com/Koreaboo/status/1791027068395991105

Koreaboo (@Koreaboo) on X

HYBE Slammed For Allegedly Sabotaging NewJeans After Major ILLIT Announcement
https://t.co/3o8dqgpn4h

Twitter · May 16, 2024, 8:45 AM

[hoary frost]

no, it can be after too

[half goblet]

newjeans is just the friends we made along the way

[hoary frost]

but it is also true that groups do variety shows mainly during comeback to promote songs. aespa ive etc always record shows during cb.

[steep torrent]

isnt knowing bros known for being weird too tho why would they send them there..

[hoary frost]

i dislike knobros tbh

[neon kelp]

so they meant to say that newjeans copied?

[neon kelp]

they first told her to meet up with a investor

and then they accused her of meeting up with investors

[short laurel]

and even then she wasn't the one who meet investors.

[short laurel]

hybe doesn't realise they are harming illit too. truely nvr let hybe make a gg

[dry atlas]

what's the other show

[arctic sky]

https://fixupx.com/koreaboo/status/1791027068395991105?s=46

Smh hybe

[sterile umbra]

oh, that's a new news right there

[short laurel]

replies to that are still bad

[sterile umbra]

it's may 16 yet, but hybe already feel the uno card reverse, and the hypocrites are turning sides or should i say that some blind ones can now see the truth.

[short laurel]

nha most turned to "both are bad" which doesn't help

[sterile umbra]

): i will not be expecting more worser than today's news about it

[sterile umbra]

what a messy drama coming from hybe

[leaden igloo]

hybe is not even trying to be discreet about it's sabatoge

[dry atlas]

brace yourselves thread

[sterile umbra]

he must be impeached from his position if that's his current situation

[sterile umbra]

i might get my jaw dropped

[leaden igloo]

does anyone know how long it typically takes for a court to rule on injunctions?

[snow turtle]

like, to the better or worse in our view

[dry atlas]

well they're anticipating public opinion shift

it's currently on mhj side

[acoustic valve]

i think people need to brace themselves for when mhj is removed, because that's likely when the real battle starts

[snow turtle]

maybe they thing its on hybes side currently

[dry atlas]

i take it one day at a time

[snow turtle]

stop being so goddamn negative pls

[dry atlas]

-newjeanslife

[tall dew]

[sterile umbra]

[sterile umbra]

nice

[leaden igloo]

all we can really do rn is boost their next cb and make it a historic smash!

[acoustic valve]

just realistic, stopping MHJ from being removed was always a bit of a longshot... but it's by no means the end of this dispute, and it doesn't mean the girls, or even MHJ have "lost" yet... but the mediaplay will likely get worst since their side won't even have ador's limited resources to use for mediaplay...

[snow turtle]

Hybe will start a press conference saying "This truly was an ADOR Audit" and then bang pd and mhj will hug and laugh it off, before walking hand in hand into the sunset

[short laurel]

to their honeymoon

[snow turtle]

yall laughing now but this will turn out true, just wait

[arctic sky]

What r u smokin'

[short laurel]

smokin a special powder that sends u to alternate dimension.

[tawdry vessel]

no way mhj's taste is that bad

[snow turtle]

optimism.

[short laurel]

this will be the plot of new kdrama coming in few years.

where bang and mhj end up together.

[sudden frigate]

What's the latest news? Why there's a sudden hashtag movement as below for the past hour?

#하이브_언플중단해
#STOP_MISTREATING_NEWJEANS

[short laurel]

hybe said they'll put nj on "vacation" for 1.5 year after tokyo dome. so that hashtag

[regal frigate]

What

[short laurel]

that is why mhj winning is alot more important now.

[sudden frigate]

It's always been her. It's gotta be her.

If she's out, it's over

[snow turtle]

I've been saying that since the beginning

[snow turtle]

Thats why yall gotta trust me on this one

[short laurel]

bridge has long been burnt. the character assassination of mhj was too brutal to solve the situation now.

so finix dream scenario won't come true 😦

[silk skiff]

this "vacation" makes zero financial sense for hybe though, are they really that petty 😦

[snow turtle]

they are professionals, if the terms get set right after this scandal

[silk skiff]

is it so that hybe can hire new staff and install a new board of directors since they're probably firing everyone there

[short laurel]

someone will have to take the blame for all this drama though. who will go under the bus ?

[short laurel]

yea and "hiring "grammy award winning producer gonna take 1.5 year" are hte words of hybe ceo

[snow turtle]

why would someone have to take the blame if they can come to an agreememt?

[short laurel]

stock market, public defamation, and all that stuff.

[snow turtle]

im waiting it out, excited for the future

[dry atlas]

finix has the highest levels of tokkium rn

good job

[short laurel]

non of this made sense financially from the start

[dry atlas]

keep it up

[short laurel]

i wonder how bang's american 000 doing.

[silk skiff]

true, going through allat just for your stock price to tank

[snow turtle]

trying to cancel out your lack of it

[regal frigate]

I don't want newjeans to be in a hospital

[drowsy crypt]

Damn, I just realized why there are no posts about Lee Hyein's gifts from several brands
https://twitter.com/LeeHyein_ID/status/1791071505360830476?t=7fp88XfEIVvZiwvzCuAJHA&s=19

HYEIN INDONESIA 🇮🇩 (@LeeHyein_ID) on X

Umm, where is Hyein’s post with birthday gifts from brands? Is she didn’t took a pics or you forgot to post it or something? 🥲🥺 @alldoorsoneroom

Twitter · May 16, 2024, 11:41 AM

[dry atlas]

oh her bday live was awkward time then

during a shoot

maybe they were away from hq the whole day

but still

[hoary frost]

im not ready for tomorrow

https://tenor.com/view/girl-girl-faint-faint-dramatic-faint-fainting-gif-6531763909556435917

[timber shell]

calamity friday

[hoary frost]

this is so funny. knetz calling bsh and mhj thousand years enemies. bsh said he admired duran duran when he was young, it was billboard artist, etc, and then there is student mhj's post that bjork's music and mv is so good and duran duran is rusty https://theqoo.net/hot/3233274930?filter_mode=normal&page=2

[stone grotto]

How many trucks will be sent to hybe today

[vale grove]

Whatttt lmao this is crazy. Does this mean she has a fighting chance in court against hybe?

[stone grotto]

lol I just read an article that said hybe just separated elevators for staff and artists

Maybe so they don’t run into and ignore them haha

[vale grove]

I guess but I got into NewJeans because of the music, no music would literally kill off the fandom idk why hybe is thinking with their ass.

[vale grove]

I'll set up a ad in times square if I have to 😭

I'll set it up in front of the line friends too, any way to protest the hiatus

[stone grotto]

Honestly, if they do put them on vacation for new music, at least let them still shoot content. Let hyein go into variety shows, let minji act, etc. just so that they’re not just wasting swaying their penthouse jailed by their contract

[vale grove]

Yeah that's true. I just feel like this is the WORST possible time in their careers to go on hiatus

[arctic sky]

lmao im amazed by knetz sometimes the amt of dedication to went in deep into a rabbit hole was something to behold

[stone grotto]

You can say goodbye to all the collabs they do because hybe is gonna muscle in illit to do them instead

[arctic sky]

n its true Bjork > duran duran

[vale grove]

😞 and if illit doesn't reach the level of success NewJeans has what will they do then?

[dry atlas]

they will say this drama sabotaged illit and blame nj as usual

[copper jetty]

I'll donate for that lol

[stone grotto]

Even now, only magnetic has seen popularity

[copper jetty]

I mean, I listened to their album

[stone grotto]

I’m not trying to trash talk Illit but newjeans had multiple songs pop off at debut

[hoary frost]

10 trucks in front of hybe tomorrow. i love how direct and savage c-bunnies are

[copper jetty]

They all gonna play get up too??

[copper jetty]

Idk, music wise for me newjean is greater

[hoary frost]

all 4 songs of new jeans ep were hits. hurt even went viral in thailand

[stone grotto]

100%. My friend who doesn’t even like kpop is now a super fan of newjeans after I introduced them to him because of the styles and genres they explore

[copper jetty]

True. I've been listening to kpop before but I've never been deep like this too

Nj album actually is the very first album I've bought

[arctic sky]

https://fxtwitter.com/soyamoyas/status/1791096839598686623

I just saw this wow

[stone grotto]

I’ve been into kpop since like 2004 when you had rain, hyori, vos, etc

And then when 2nd gen groups came out is when I really got into more of it

I kinda strayed away from it for 3rd gen and newjeans brought me back

[dry atlas]

wow will he replace mhj

[arctic sky]

https://tenor.com/view/copium-cat-gif-27161395

[short laurel]

everyone's conclusion is probably the same. ||not his group so he don't care n u knwo replace them with...||

[short laurel]

i have a strong feeling that him liking duran duran is more cuz they were popular at the time than actually liking them? After seeing how he does things it feels that way to me

but idk who duran duran are. :v

[copper jetty]

Who is duran duran?

[short laurel]

someone bang likes

[dry atlas]

the stinky fruit

[short laurel]

the stinky fruit atleast tastes good

[copper jetty]

I tried listening to one song of his. Bolted out at the first rift of guitar. Lol

[copper jetty]

Candy made from those are good too

[short laurel]

yea cuz they taste good 😄

i never ate duran be4 but irene says they taste good.

[copper jetty]

I've only tasted the candy and not the fruit.

[arctic sky]

its called durian ok its off topic now

[sterile umbra]

i find this funny to be exact since hybe might think that someone trolled at them for a short while

[dry atlas]

woosh

[upper solstice]

It was a good run..

maybe it’s for the best to end at their peak.. i wouldnt want to see them fall off like redacted redacted redacted

[short laurel]

no. that is only if they get out of hybe debt free. hybe still keepign them and might ruin their style.

[fierce cloak]

https://x.com/137846865/status/1791078575770316957

Haotian Tu (@137846865) on X

Just made a brief translation of the messages on trucks led by C-bunnies tomorrow. The detail of trucks is introduced by @NewJeans_R . Please check it.

#NewJeans #BUNNIES_SUPPORT_NWJNS
#Minji #Hanni #Danielle #Haerin #Hyein

Twitter · May 16, 2024, 12:09 PM

they are so savage i hope the amount of trucks enough to get the into the news

[dry atlas]

what time will those be up

[hoary frost]

8am i think

need full footage of it

[hoary frost]

“His” lmao

[ruby garden]

Apparently BSH sold 200B KRW worth of shares ahead of the court battle

I don't see any articles about it though

[short laurel]

FSS should investigate Hybe seriously.

[ruby garden]

it could very well be a scheduled transaction but it's very convenient to happen right before the court hearing

[leaden igloo]

he doesn't know if he's going to lose the case or not, so I don't think it's insider trading

[tiny peak]

the fake protest trucks sent by HYBE (when they started their smear campaign) made the news of course

[leaden igloo]

im pretty sure international army are the only ones on hybe side rn

[ruby garden]

yeah that's true but he reduced his stake by 3.4% which is pretty significant

[leaden igloo]

while hes at it, he should give off his ownership of ador

[ruby garden]

his ego won't let him do that

[short laurel]

dam hybe stocks riized by 0.26%

why did jyp's stocks get such hard hit past 6 months. was there a drama in jyp ?

[ruby garden]

it looks like foreign investors have been selling it like crazy for few months

[short laurel]

that's for when all ok kpop industry's stocks fall. but jyp got hit the hardest

[mild mist]

Many Lia stans

[serene cloud]

yeah entertainment stocks have been falling in general... think there's general malaise about kpop's growth driving it

[steep torrent]

anyone korean

wonder how true this is
https://x.com/jeanieyoonsa/status/1791081716578234449

지니 (@jeanieyoonsa) on X

nothing to be shocked about when you learn what their fans are doing

Twitter · May 16, 2024, 12:22 PM

[hoary frost]

lmfao what a bs

whole korea is bunnies i guess 50M sales for how sweet secured

[short laurel]

What they forget to mention is strawberry incident was mostly kpop fandom. Mhj hybe issue is all of korea. Scale is different

[opaque torrent]

So going by their argument if there are more support for HYBE on Korean forums, it’s actually not a reflection of reality? lol

[short laurel]

As for 2nd pic. Hybe fandom doing same at bigger scale. Yet writer in pic attack only nj side

[opaque torrent]

That’s why I personally don’t try to argue with ppl based solely on public opinion. It has its limitations.

Even people who agree with me can be suspect and I don’t rely on them to inform myself on where I should land on issues. Like I wish tokkis just focused on HYBE and its minions instead of belift staff/illit

[short laurel]

Belift staff i get it. They crossed a moral line after all. 000 members is too much though. They are innocent kids.

[opaque torrent]

Tomorrow we will find out if ethics and logic can beat legality, not whether someone is guilty or not

Belift staff =/= belift CEO to me

[short laurel]

Idk. The bad comment incident n choreography incident blame goes to staff. Especially bad comment one

N that noodle incident.

[mild mist]

what on earth was so wrong with eating a strawberry?

strawberries are great

[steep torrent]

was noodle incident really that big for belift should have known about it?

is it like expected from the labels to know whats going on in others

[ruby garden]

lol they use DC. litearlly the equivalent of 4chan. there's lots of rumors that start from DC but ends up going nowhere because of how badly moderated it is. A lot of hate and anger against idols usually start from DC and it's the best platform for antis to gather

[short laurel]

Regarding that. Minji's noodles incident is even more ridiculous than starwberry incident. Both is almost like someone forced it.

[half goblet]

they were shaming her for the way she ate it

eating it with 2 hands or sth like that

i wouldnt last a day being an idol

[hoary frost]

nowadays i hate going to twitter to check updates. bunnies are really strongest soldiers out there. idk how anyone can deal with massive hate every single comeback. the fact that hybe fandoms gaslight the amount of hate nj receives from them. lack of self awareness really. i hope our girls are staying away from sns and i hope everything turns out the best for them. they dont deserve this

[half goblet]

til this day i still see them deny the mistreatment

its like talking to a flat earther, they refuse to look at the incident in another perspective

[hoary frost]

denying that is okay but their vile and disgusting tweets that casually get 10-20k likes is what baffles me.

i just cope by thinking that this will also somehow pass

[half goblet]

i have never seen this kind of corpo shill before its kinda crazy

[hoary frost]

right i have no words for their actions.

im sorry for using this place to rant. unreasonable hate that's accumulating towards nj on twt and reddit is just too much.

i hope injunction answer is not today. let me be on tokkium for few more days @judge

[short laurel]

Hybe mistreating like every group under them but they are all mistreating in different way. Cuz of mhj girls were not mistreated physically but hybe didnt provide ads n support. Type of mistreatment is different. But to intl kpoopies they can't understand the difference n fail to understand what mistreatment everyone is talking about. Really shame of them for supporting a company that plays favourite n overwork their artists to the point n harming them physically

I learned a bts member had issue with arm or shoulder? N wasn't able to get treatment for it for months cuz company didn't allowed it n could only get it cuz of covid. N his own fandom support that company

[steep torrent]

this is my first time being on the receiving end of army attacks. i always heard stories outside kpoptwt and spectated their fanwars against blinks but i didnt know they were this crazy man..

[short laurel]

Like do people understand that for a dancer that could've been very fatal if covid didn't happen

If nj was under hybe's management instead of ador. They wouldn't have allowed hyein to rest for her foot injury

Hate on nj if they want but they supporting the company who r harming their own favourite oppa is shameful

[steep torrent]

saw recently that winter was struggling to breathe at a music show and they had to stop filming, if hybe actually do shelve the girls for 1.5 years at least they wont be overworked but still

[hoary frost]

fire broke out during mcountdown recording. winter just came back from collapsed lung surgery too, so maybe thats why. hope she is alright

[acoustic valve]

this legit? I can't wait, you know it's real when K-fans and C-fans join hands https://x.com/CakeDegg/status/1791087617917817144

Cake🍀 (@CakeDegg) on X

There will be 10 trucks outside the hybe building tomorrow
🚛🚛🚛🚛🚛🚛🚛🚛🚛🚛
#하이브_언플중단해
#STOP_MISTREATING_NEWJEANS

Twitter · May 16, 2024, 12:45 PM

[hoary frost]

yes, 6 from cbunnies and 4 from kbunnies

[acoustic valve]

enemy of my enemy 🥲

[mild mist]

so protip for anyone working in that area: bike

[hoary frost]

https://pannative.blogspot.com/2024/05/chinese-bunnies-plan-to-send-rally-of.html?m=1

really love slogans lol fkkdkskdkdkd its so on point.

[acoustic valve]

yeah, and knowing how petty and sensitive BSH is. I just know this stuff legitimately hurts him

remark about face-blindness is hilarious, but oh so true

[hoary frost]

[buoyant hamlet]

my conspiracy theory is part of BSH/Hybes media smear was to turn BTS army against NJ

[acoustic valve]

that's not a conspiracy... it's just fact
BSH/Hybe has a well-known history of weaponizing fan activism for their own corporate PR goals

[short laurel]

There's a reason why every fandom hates hybe lol

[twin cypress]

kinda off topic but outside of bts are ggs on average more popular than bgs?

[hoary frost]

with public, yes

[short laurel]

Atleast from SM bgs seems more popular than ggs. I thought it was same for all kpop

[ruby garden]

bgs and ggs have different areas of popularity. bgs cultivate a more loyal fandom that predominantly caters to female fans which translates into higher album sales, making it almost impossible for ggs to compete in this area. But ggs appeal to a broader audience including both male and female fans and their songs generally have more public recognition

The hearing is happening in 4 hours and we likely won't know the result for another ~2 weeks.

we have to make this comeback their biggest

[bronze jetty]

not me thinking we were gonna hear the audit result today/tomorrow

[leaden igloo]

according to chat gpt, injunction hearings can take multiple days because they conduct more than one interrogation

especially in complicated cases

[ruby garden]

it's not an audit but yeah it usually takes some time for the court to rule on an injunction

[bronze jetty]

oh makes sense, thanks for the clarification guys!

[ruby garden]

but because ador scheduled the general shareholder meeting on the 31st, it's assumed that the result should come before then

[upper solstice]

we’re cooked

[dry atlas]

hi guys

what did i miss

[quick wadi]

is it wraps

[buoyant hamlet]

[tawdry vessel]

https://tenor.com/view/clownmiracle-miracle-comebackmiracle-gif-21158462

[old cypress]

2 weeks?

[ruby garden]

yeah it usually takes that long

[old cypress]

well we'll see tmr

[upper solstice]

NO MORE NEWZIPS NO MORE BYJEANS NO MORE JEANSZINE NO MORE ABOUT JEANS NO MORE NEWJEANS

[old cypress]

i assume the media will be giving more information in some way

[old cypress]

no jeans, no hair, no tee

[ruby garden]

all the legal opinion from korean lawyers say that in any situation this injunction would be dismissed 100% of the time because you can't block a majority shareholder from exercising their voting rights. Hybe would have to have fucked up big time. But I don't think they're considering the fact that NJ is making a comeback soon and tokyo dome is next month. Ador could make an argument that replacing management during this time will disrupt their flow and will negatively impact NJ, which will also affect ador's performance

[opaque torrent]

judge might tell them to kiss and make up

[ruby garden]

lol if bsh wants to regain some trust back from the kroean public he should hold a presscon, make a grand entrance by dancing to hype boy and apologize to mhj and nj

[opaque torrent]

https://www.yonhapnewstv.co.kr/news/MYH20240517000200641?input=1825m

apparently hybe is presenting the results of their audit today

[dry atlas]

oh she won't attend

[ruby garden]

yeah only their lawyers will attend and present their case

[opaque torrent]

The issue is expected to be which is more significant: the damage that will be suffered if CEO Min is dismissed or the rights that Hive has as a shareholder.

However, Representative Min will not appear in person at the interrogation.

As the results are usually released within two weeks after the hearing, it is expected that the court will make a decision before the general shareholders' meeting.

<Kim Han-byeol / Attorney> "If the decision to cite is made, Hive will no longer be able to exercise its voting rights, so it is impossible to dismiss CEO Min as per the original plan. If it is rejected, I think the process for dismissing CEO Min Hee-jin will take place."

[snow turtle]

bro shut up

[upper solstice]

im grieving

[opaque torrent]

i think hybe has been off the rails bc they know this injunction hearing is in their favor. i think most people who are casually following the feud will confuse this hearing for an actual verdict on mhj's alleged crimes rather than on shareholders' rights to fire someone, at any given moment, without proof. the headlines will be 'mhj lost her injunction' and most ppl won't read beyond it and it might sway a lot of ppl

they've ben throwing out a lot of salacious accusations lately, counting on people to remember the salacious headlines + her losing this injunction hearing

[opaque torrent]

Source?

[leaden igloo]

lol it sounds like chat gpt wrote this

[sterile umbra]

1 hr left before the event

is it 7am right now in sk?

here is 8:10am

[silk skiff]

it is 9am in sk

[sterile umbra]

oh

[waxen musk]

I mean if you write it like that it sounds like there's some chance...

[sterile umbra]

might be a bit late, but still an official source coming from inquirer * https://pop.inquirer.net/362156/hybe-allegedly-conducts-coercive-audit-on-adors-style-team-director

[valid sierra]

https://fxtwitter.com/MarkJP1008/status/1791271294144757984/photo/1
is this connected to the hearing or other plans?

[ruby garden]

oh yeah forgot to add it's chatgpt. i asked how mhj can prove right to preservation and need for preservation as well as imminent danger according to commercial act law and civil execution act of korea

hearing soon

[serene cloud]

is there anything else known to be happening today group wise?

[waxen musk]

Hal Myungsoo is the only other thing we know is happening today for NewJeans

[ruby garden]

double meaning

[dry atlas]

that's definitely for hal myungsoo. that pic is from the recording

[waxen musk]

Yeah. I don't know why she'd be excited for today for what you're suggesting (hearing) lol

So are we expecting to know anything today or not?

[ruby garden]

The hearing starts at 10:25 AM KST

[waxen musk]

in 10 minutes

[ocean arch]

But the results will be announced after 2 weeks right?

[ruby garden]

yeah usually takes that long

almost never on the same day as the first hearing

[waxen musk]

almost?

[vale grove]

😞 stressed

[ruby garden]

I think I read one case out of a lot that happened within few hours of the hearing

a case more than a decade ago though

a lot of expert legal opinions are saying ~2 weeks

[twin cypress]

are there not going to be like reporters inside to say what went down like american cases?

[ruby garden]

yes there should be news articles about what went down today

[serene cloud]

i would wager she will have another press conference after the hearing since hybe will present their audit

[quaint crest]

so like 8-9 minutes ago just started?

[serene cloud]

i guess so - maybe they will be updating as it goes

[opaque torrent]

https://twitter.com/NewJeansSTRM/status/1791251783807107299 they should've sent these to the court house

뉴진스 음원총공팀 (@NewJeansSTRM) on X

📌 트럭총공 2일차 (05.17) 현장
5톤 2대, 3.5톤 2대. 1톤 3대 공유합니다.

#NewJeans

Twitter · May 16, 2024, 11:37 PM

[dry atlas]

Min Hee-jin met with Naver and Dunamu, asking them to take over Adore.
https://n.news.naver.com/article/366/0000993168?sid=101

it's over

[opaque torrent]

we gotta hear both sides

[quaint crest]

huh

[ruby garden]

lol now it's naver and dunamu

hybe keeps accusing her of meeting xx investor

[dry atlas]

ador: it was sadam

[serene cloud]

it says that naver and dunamu allegedly admitted that they met with her - so we'll see what she says

[quaint crest]

so its going a bad way..?

[opaque torrent]

if this turns out to be a line pop up collaboration....

[tiny peak]

who knows, HYBE has been lying or stretching the truth for weeks, so we need to wait and see

[opaque torrent]

i think they are trying to ruin her relationship with everyone she's met with

Representative Min said, “Song Chi-hyung doesn’t even understand what I’m saying. XX ” and “Naver still understands it rather well”

that could be related to everything

just like they tried to play CYM and MHJ against each other by leaking the convo of MHJ saying CYM 'likes to cosplay being antisocial' or w/e

and again, hostile M&A is still legal

[ruby garden]

dunamu and hybe have a joint venture and naver is close with hybe. does it make sense for her to to ask them to pressure hybe in order to take over ador

even if she proposed such idea, it wouldn't be breach of trust because it never happened and affect HYBE negatively

It's just another HYBE mediaplay

[opaque torrent]

According to the investment banking (IB) industry and legal circles

damn korea's elite boys club out to get ha

is anyone a member of theqoo?

[heady gate]

https://www.youtube.com/watch?v=N28SwQsAq1Q

[opaque torrent]

i dont think they can livestream this hearing lol

https://www.chosun.com/english/market-money-en/2024/04/15/ZWHX7RH3UFCBHFES33QKEDJ3WI/

[serene cloud]

oh it's a nft/blockchain business

[short laurel]

Ofc she meet naver dunamu. 2 companies who are not any better n even close to hybe. Hybe that's not evidence. N even if she did that's not illegal. Besides hybe was the one who asked her to meet investors whoch she herself didn't. Naver meeting is most likely related to pop up store if hybe gonna stetch that.

Well need actual proof but that article just "hybe says it so it's true"

[hoary frost]

sigh... this media play by hybe is effective. if she can't refute this, public opinion is going to sway heavily... theres already so many people convinced she made the public look dumb by playing their emotions

[short laurel]

His face makes me wanna punch him. XD

[opaque torrent]

In response to this, Hive said, “Specific conversations with those in the investment industry cannot proceed if it was Saddam who took over management rights,” and added, “CEO Min said at a press conference on April 25, ‘Bring before me who the investors were and what they were conspiring with.’ He deceived the entire public by pretending that he had never met the investor, but the lies are being revealed one by one by evidence and facts.”

MHJ said she never met with an investor to conspire usurpation. Hybe is saying she lied for saying she never met with an investor, period.

[short laurel]

Where's the evidence n facts though

[opaque torrent]

another kkt log w/out context

[serene cloud]

yeah the article said they found more kkt chats

[opaque torrent]

https://www.instiz.net/name_enter/92181993

instiz isnt buying it

[timber shell]

WTH IS THIS TRUE

[hoary frost]

the fuck is wrong with hybe honestly

[short laurel]

Nj are amazing oscar winning actors if that's the case

[tiny peak]

wow HYBE, really

[waxen musk]

oh god what now (havent read, just see ur reactions lol)

[short laurel]

Hybe projecting

[serene cloud]

is that a new article?

[hoary frost]

they're going full out on media play today

[opaque torrent]

i also meant to link this https://www.instiz.net/name_enter/92181557?page=2&category=2&srt=3&k= instiz doesnt buy hybes PR. they even said bang seems closer to the nft guy

[waxen musk]

now that's the type of shit you just cannot say without hard evidence because it's so ridiculous

[tiny peak]

so disgusting, this smear campaign against NJ needs to stop, wtf is wrong with them

[waxen musk]

what even made hybe say this (source/proof, i dont understand)?

[timber shell]

now im confused af what is happening now 😭

[ruby garden]

hybe has lost so much trust no one is buying it except intl kpop stans

[hoary frost]

no sadly there's plenty of koreans who never liked mhj and are equally just believing these articles

[upper solstice]

[ocean arch]

That's low

[ruby garden]

Min Hee-jin's side stated, "The creditor's actions are to defend against interference with Ador NewJeans' exclusive contract. Even if there is an agreement among shareholders, HYBE needs to be informed. The creditor's actions did not violate any regulations," and emphasized, "A NewJeans album is scheduled for release in 2024 and a world tour is planned. NewJeans members have said they can't do many things without the creditor and want to stay with her. This is acknowledged by NewJeans fans as well." They added, "Since April 16, HYBE has mentioned giving NewJeans an extended break. The members and their legal representatives are fearful. Min Hee-jin's dismissal would cause irreparable damage not only to her but also to NewJeans, Ador, and Min Hee-jin herself."
https://v.daum.net/v/20240517112812940

Members of the group NewJeans directly spoke about HYBE Chairman Bang Si-hyuk and defended Min Hee-jin, CEO of Ador.

[tiny peak]

no matter what happens I will never support HYBE until the end of time, it's 100% boycott for me (except NJ of course), there's no defending them at all

[opaque torrent]

the "close associate" is it the mole who was with her for three months?

[waxen musk]

oh god they actually did that!?

[hoary frost]

"In addition, referring to the earlier report that 'Bang Si-hyuk did not receive greetings from NewJeans', he revealed the contents of the messages sent by each member, saying, "It is also true that he did not receive greetings. This can be seen from the contents of the KakaoTalk messages revealed by the members."

[snow turtle]

thats nice, NewJeans definitely picked a side and told him

[ruby garden]

Hybe is so dirty omg

HYBE's side claims, "Min Hee-jin disparaged NewJeans, saying 'I'm disgusted with taking care of them... their success is thanks to me.'"
https://www.hankookilbo.com/News/Read/A2024051711030000623

[waxen musk]

I still want to know where they found that quote, because if it's literally something from chat logs then wtf

[ruby garden]

They further claimed, "Min Hee-jin said, 'If it weren't for me, NewJeans wouldn't have been able to debut, but I couldn't help feeling sorry for them.' However, in reality, she told her close associates, 'It's hard to treat NewJeans members as artists. It's disgusting, but I'm putting up with taking care of them. NewJeans' success is not because of them, but because of me,' thus disparaging and belittling them."

[hoary frost]

doesn't say much about this in the article, sejong lawyers only got the members katalk chats it seems like

[serene cloud]

i'll be honest but this greeting thing is not going to be enough imo

[ruby garden]

no evidence provided just he said she said

[waxen musk]

hybe "claimed"... still i want to know where they got these quotes from mhj

[snow turtle]

The fuck is that 😭😭😭

[tiny peak]

can we say fuck HYBE in here?

[hoary frost]

this can be so easily framed this way by editing her chat logs too

[snow turtle]

LMAOOOOO

[waxen musk]

editing chat logs is a waste of time by hybe lol so easy to disprove but yeah i wanna know what the hell they're doing

[serene cloud]

just an article so far

[heady gate]

don't say it. It doesn't help Ador situation.

[upper solstice]

fuck hybe

[waxen musk]

not harsh enough words

[ruby garden]

yeah HYBE didn't show any evidence of the stuff they claim mhj said

[waxen musk]

they literally just said "she said this" with no proof? HUH

[hoary frost]

same as when they released articles claiming MHJ said "bts copied me"

[quick wadi]

all caps please

[short laurel]

Mhj is amazing oscar winning actress if that's true. We've seen her with members enjoying her time.

[snow turtle]

FUCK HYBE

[ruby garden]

they claim she said it to her "close associates." Literally could have just made it up

[waxen musk]

i just dont get it. need proof or fuck off.

[quick wadi]

just some insane mediaplay

[ruby garden]

it's such a ridiculous claim after what we've seen of them and NJ praise her

[silk skiff]

straight up defamation

[hoary frost]

hybe is really disgusting

[opaque torrent]

wait i thought they were going to show evidence today

[ruby garden]

they want to destroy MHJ any means possible

[opaque torrent]

just more baseless accusations and out of context kkt's?

[short laurel]

She the only ceo in kpop industry who trearts teenagers as teenagers. N hybe dared to say that. It's just disgusting

[opaque torrent]

that accountant they planted! lol

[serene cloud]

the news about the hearing haven't come out yet - these are just articles being released

[ruby garden]

like why would she fight for nj debut to just act like that

[opaque torrent]

the funny thing is theyre not even denying that they wanted to scrap newjeans - they know the parents and other witnesses will fight back

[waxen musk]

i still feel like the irreperable damage to newjeans and ador is so true and easy to explain

[ruby garden]

I am now 80% sure nj will file an injunction to suspend activities and terminate their contract with hybe if mhj is fired

[opaque torrent]

ok i was expecting more from korea's top law firm than a fucking food fight

[ruby garden]

prepare for the absolute worst