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HYBE Confirms BTS Members Haven’t Sold Any HYBE Stocks

HYBE Corporation, the entertainment behemoth behind BTS, recently stepped forward to clear up a significant misunderstanding about the K-pop group’s stock ownership. A now-deleted report inaccurately claimed that all seven BTS members—RM, Jin, SUGA, j-hope, Jimin, V, and Jungkook—had sold all their stocks, causing confusion among fans and investors.

In reality, owning stocks means holding a part of the company, and each BTS member has a stake in HYBE Labels. Reports emerged suggesting that the septet had put their HYBE Labels stocks on the market back in September. The reported selling amounts, based on the September 20 closing price of 243,000 KRW, were substantial, with each member allegedly selling shares worth billions.

Additionally, HYBE’s chairman Bang Si Hyuk reportedly reduced his shareholding significantly. This reportedly coincided with BTS signing new contracts with HYBE, adding to the public’s confusion.

@chimchimbeth2013

Replying to @chimchimbeth2013 According to Yonhap, South Korea’s largest news agency: “The special relationship between seven members of the group BTS and Hybe Chairman Bang Si-hyuk, the agency’s founder and largest shareholder, has been resolved.” Hybe said, “The members did not sell their shares, and as the contract between Chairman Bang Si-hyuk and the BTS members as shareholders has ended, they are no longer considered special parties,” adding, “It is not related to the sale or change of shares.” it is known that BTS members have been specially related according to individual shareholder agreements with Chairman Bang Si-hyuk and have delegated voting rights. Accordingly, it is expected that the seven members of BTS will be able to exercise Hybe voting rights according to the stocks they own in the future.” That means despite BTS being shareholders, due to the old contract, it was BangPD who still represented them and voted for them. But now with the renewal of the new contract BTS members can vote individually.” #news #info #btsrelated #related #bangpd #hybe #latest #news #update #btsarmy #army #wow #congratulations #thelegend #chimchimbeth2013 #chimchimmybethpark2013 #chimmybethpark2013 #foryou #hallyutalkph #xyzbca #trend #trending #fyp #fypシ #fypシ゚viral #fypage #kpop #kpopfyp #edit #btsarmy #bts #hybe #bighit #army #fandom #kpopartist #btsxarmy #방탄소년단 #bts_official_bighit

♬ like by bts – keehoswife⁷

HYBE clears the air

However, HYBE has since clarified the situation. The agency stated that the BTS members had not sold their stocks. Instead, their special status as shareholders simply ended. HYBE explained that the change was due to the end of their individual shareholder contracts with Bang Si Hyuk. Those agreements delegated their voting rights to the Chairman.

When they signed new contracts with HYBE, these individual agreements were rendered null and void. That means all seven BTS members can now exercise their voting rights as shareholders of the company.

BTS’s impact on HYBE’s success can’t be overstated. The group’s temporary hiatus announcement in 2021 led to a significant drop in the company’s stock value. This highlights their integral role in HYBE’s prominence. The company‘s future is closely tied to BTS‘s continued involvement, underscoring the importance of their relationship for the business’s sustainability. – K-Pop News Writer

Featured Image: The rumor that BTS sold their stocks was much ado about nothing. Source: X/@bts_bighit.

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Jungkook’s Sweet Treat: The ‘GOLDEN’ Maknae Unveils Godiva Collab

Earlier this month, BTS‘s Jungkook announced a collaboration with the Belgian chocolate brand Godiva. This collaboration coincides with the promotions of his debut album GOLDEN, which was released on November 3, 2023. The album has been received with enthusiasm by fans, media, and critics globally.

@faehoseok

Stage by Godiva’s Limited Edition Collection. GODIVA GOLDEN COLLECTION ⭐️ 11/20 – 12/31 📍15, Dosan-daero 49-gil, Gangnam-gu, Seoul 서울 강남구 도산대로49길 15 1층 #godiva#jungkook#goldengodiva #고디바 #정국 #bts #seoul #dosan #jungkookliveonstage #winter

♬ Yes or No – Jung Kook

Chocolate-y goodness

For the past month, Jungkook has been doing various promotional activities. He appeared on talk shows, did interviews, and of course, performed songs from GOLDEN live. This collaboration with Godiva takes these activities a step further, aligning the album with a premium brand. 

Jungkook‘s partnership with Godiva introduces a limited edition chocolate and dessert menu, designed just for ARMYs. It includes products like the Golden Choco Rexa, Golden Dark Chocolate Mousse Cake, and Golden Double Chocolate Soft Ice Cream. Moreover, customers who make a purchase at the Godiva Cafe or on the official website will get a special golden postcard.

The brand and the “Standing Next to You” hitmaker also came up with the GOLDEN Edition chocolate, which went on sale starting November 20. It’ll be available in all its chocolate-y goodness until December 31 at Stage by Godiva, a cafe in Dosan, Seoul.

@kc_uaenarmy

Hotel Room unboxing of Golden with Godiva 20231120 #BTS #Jungkook #goldenbyjungkook

♬ Yes or No – Jung Kook

A ‘golden moment’ with Godiva

A brand official stated, “This collaboration was organized to communicate Godiva’s brand values through the ‘Golden Moment,’ inspired by Jungkook’s solo album GOLDEN.” They added, “Godiva will continuously strive to offer customers a ‘golden moment’ through top-quality chocolate.”

In simpler terms, it’s as if Jungkook is suggesting that if GOLDEN were a food product whose taste one could savor, it would be the premium chocolate brand Godiva. Fans noted that Jungkook had hinted at this collaboration in a Weverse live broadcast. During that broadcast, he compared a box of chocolates to the packaging of his album.

ARMYs are in awe of the golden maknae’s business-savvy mind and generous heart in curating amazing presents for fans. – K-Pop News Writer

Featured Image: Don’t these look delicious? If you’re in Seoul, try them while supplies last! Source: X/@HYBE_MERCH.

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Jungkook Interacts With Fans in Exclusive SiriusXM Q&A

In an engaging and insightful Q&A session with SiriusXM, BTS‘s Jungkook offered fans a glimpse into his creative process, future plans, and more. The interview was filled with questions submitted by fans. It gave Jungkook a unique opportunity to connect with his audience on a deeper level.

Jungkook began by talking about what it was like to listen to GOLDEN for the very first time. He expressed his eagerness to hear the album ASAP. “So, when you feel that your recording went well, you naturally want to listen to the final version as soon as possible. I asked for it right away. The first time I listened, the schedule was tight and I didn’t have much time. I thought about revising some parts, but overall, it was better than I expected. I was amazed; it was fun and a little strange too.”

When asked if the order of the album’s tracks meant anything, he said yes. “They’re all love songs. We arranged the album based on the content, details, and properties of the songs. Eventually, we noticed there was this connection or flow going through it.” That was how they fixed the order of the tracklist.

https://www.youtube.com/watch?v=qGAu_Trc038

Jungkook Full Interview with Morning Mashup SiriusXM #jungkook

Significant challenges

One of the most significant challenges for Jungkook was recording in English. He candidly shared, “The pronunciation was difficult, and it was actually more like psychological pressure than I thought to have the songs in English.” Despite these challenges, the positive reception of the album has given him a sense of relief and satisfaction.

When asked by a fan which song he’d recommend to someone new to his music, Jungkook chose “Hate You.” He reasoned that it’s easy to listen to and fitting for the chilly weather. Another fan inquired about how the album helped Jungkook express his colors to the world. He responded, “From ‘Seven,’ ‘3D,’ and up to this album, I think the balance was great with the songs.”

Jungkook also expressed a desire to explore different genres and instruments, starting with the bass. “I really, really want to try, and when I get a chance, I want to try everything,” he said.

Jungkook looks ahead

Looking ahead, Jungkook talked about the future. “Frankly speaking, I cannot imagine myself in ten years. And it’s true that I was always considering the future as I pursue all of this,” he admitted. “But I do not have any particular image of me in ten years, but one thing that’s clear is I’m always aspiring to be more like a cool person every day.”

On a lighter note, Jungkook revealed his favorite version of the album is the one featuring his photo. The interview concluded with a question from Billie Eilish, asking what Jungkook misses the most. His answer tugged at ARMYs’ heartstrings. “The one that I miss the most is, because I’m now working as a solo artist, so I think of my members from time to time, and also the moments when we’re performing on stage.”

Jungkook‘s SiriusXM interview not only showcased his thoughtful approach to music but also his reflective and ambitious nature. As he continues to evolve as an artist, his journey remains a source of inspiration for fans worldwide. – K-Pop News Writer

Featured Image: This was just the latest in a series of interviews Jungkook did with this outlet. Source: X/@BTS_2015_ARMY.

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Exploring Bungeoppang, the Treat Mentioned by BTS’s Jin

In a video message posted on Weverse, BTS‘s Jin highlighted a traditional Korean snack that holds a special place in the hearts of many. The video was titled “Jin’s Message from Jin: Nov 2023,” and in it, Jin expressed his fondness for bungeoppang, a type of street food known for its sweet taste and unique shape.

@mengtaeshii

Message from Jin: Nov 2023 #bts #jin

♬ original sound – 𝐌𝐞𝐧𝐠⁷⟭⟬💜 – 𝐌𝐞𝐧𝐠⁷⟭⟬💜

Jin shared, “The weather gets really cold in November, and isn’t it the season to eat bungeoppang while carrying around 1,000 won somewhere in your heart? I will be praying that you can enjoy warm bungeoppang in the winter.”

Bungeoppang, which means “carp bread,” is made by pouring a simple batter of baking powder, flour, sugar, and water into a fish-shaped mold. The traditional filling is a sweet red bean paste. This paste is added before the mold is closed and cooked until it turns golden-brown. This process results in a crispy exterior and a soft, sweet interior, making bungeoppang a sought-after treat in the winter.

Bungeoppang is more than a snack

Originating in Korea in the 1930s, bungeoppang is more than just a snack; it has become a part of Korean culture, often linked with childhood memories and evocative of winter street scenes. It’s a common sight at street markets and winter festivals. Over time, bungeoppang has evolved, with modern variations including fillings like custard, chocolate, and cheese, and even some savory versions. Its popularity extends beyond Korea, with variations found in other East Asian countries. Each variation puts a local twist on the recipe.

@allstreetfoodie

#bungeoppang #streetfood #streetfoodkorean #fyp

♬ Milk Tea – Official Sound Studio

In his message, Jin also expressed his affection for fans, urging them to stay healthy as the weather gets colder. “As it gets colder in November and it’s practically winter, please be careful not to catch a cold and stay healthy. If you are sick, it really hurts my heart too. November is close to the end of the year. I hope you finish November well and spend the end of the year well. I’ll say goodbye for now and come to see you all again next time. Eat a lot of bungeoppang.”

Jin is currently serving in the military, yet he continues to connect with fans through different types of content. – K-Pop News Writer

Featured Image: Like many South Koreans, Jin loves this delicious treat. Source: X/@jinxjoyxjoon_7.

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BTS’s Jungkook Designs Custom Perfume for Fans

Recently, BTS‘s Jungkook left fans in awe during an M Countdown stage for his newest title track, “Standing Next To You.” Given that music shows often gather many Korea-based fans, several ARMYs were present in the audience. The idol showed off his generosity as he presented ARMYs with a unique gift in line with the yeok jo gong trend, where idols give “reverse tributes” to fans to thank them for their support.

Jungkook, known for his attention to detail and deep connection with his fans, went above and beyond with his gift. Attendees were gifted with exclusive GOLDEN perfumes, not just any ordinary fragrance, but one infused with 24-carat gold flakes. The perfume’s significance was further enhanced by its focus on the Tiger Lily, Jungkook‘s birth flower, symbolizing the unique bond he shares with his fans.

The perfume is a complex, harmonious blend of Tiger Lily, Suede, and Amber, which embodies the essence of the golden autumn season. The Tiger Lily’s sweet, floral fragrance, which symbolizes vulnerability and yearning, takes the lead. Suede brings sophistication and depth, while Amber rounds out the scent, adding warmth and a golden allure.

@ddayjk

24k gold flake🫠🥹 RILLLL GOLDEN BUKAN SEMBARANG PARFUM 😭 #jungkook #btsarmy #bighit_official_bts

♬ Yes or No – Jung Kook

Jungkook put a lot of effort into the perfume

The packaging revealed Jungkook‘s attention to detail. It came with a note that read, “Blooming splendidly in a resplendent display, just like the flower language that means ‘Love Me,’ it resembles autumn, melancholic yet filled with brilliant GOLDEN moments, all captured within.” The message ended with “ONLY FOR ARMY,” emphasizing that the perfume was specifically for them.

The internet reaction was immediate and intense, with fans who couldn’t attend expressing a mix of admiration and yes, envy. The effort Jungkook put into preparing such an extravagant gift did not go unnoticed. Fans were visibly moved by the symbolism and the personal touch embedded in this gesture, interpreting it as a reflection of Jungkook‘s deep appreciation and love for his fans. 

In other news, Jungkook recently made history on multiple charts, both in the U.S. and his native South Korea. – K-Pop News Writer

Featured Image: Fans wish Jungkook would sell the perfume on the Weverse Shop. Source: YouTube/@Mnet.

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BTS’s Jimin and SHINEE’s Taemin Team Up for the ‘Guilty’ Challenge

The K-pop community went wild when BTS’s Jimin did the “Guilty” dance challenge with SHINee‘s Taemin. Posted on SHINee‘s official TikTok account, the video features the best friends grooving to the title track of Taemin’s fourth solo EP, Guilty. He dropped the EP on October 30, 2023, after he was discharged from the military.

@shinee_official

❤️‍🩹Guilty & Two MIN 🐥🐥🩵💜 #TAEMIN #태민 #SHINee #샤이니 #Guilty #TAEMIN_Guilty #Guilty_Challenge #길티챌린지 #SHORTee #Jimin #지민 #BTS

♬ Guilty – TAEMIN

The album, consisting of six tracks, has been making waves. But that’s nothing compared to how fans reacted when they saw Jimin dance to “Guilty” with Taemin. The video began with the two artists giving the camera a smoldering look then segueing into the perfectly synchronized routine. The highlight for many was when they showed off their six-pack abs. After dancing, they began mugging for the camera. Jimin giggled as Taemin picked him up and swung him around the studio.

This collaboration isn’t the first time Jimin and Taemin have performed together. Their friendship and synergy were first made evident during a Gayo Daejukjae performance in 2016. They’ve also done other TikTok videos together. This new one only reinforces their strong bond and exceptional dance skills.

The ‘Guilty’ video is more than a collaboration

[슈취타] EP.20 SUGA with 태민

Their camaraderie was further highlighted in a Suchwita episode, where BTS‘s SUGA discussed their similarities, including the unique charm they both bring to their stages. SUGA said that both Jimin and Taemin have a way of making those around them feel comfortable, a sentiment echoed by Taemin. The SHINee singer also pointed out their shared “gender neutral” appeal and the delicate yet powerful nature of their performances.

The episode took an exciting turn when Jimin made a surprise appearance. Jimin was somewhat shy at first but loosened up eventually, teasing SUGA about his own growing friendship with Taemin. SUGA joked that he’d take Jimin’s comments as a challenge, vowing to become even closer to Taemin than his fellow BTS member.

TAEMIN (SHINee) & Jimin (BTS) – SHOWDOWN

Taemin looked back on their 2016 KBS Gayo Daejukjae “TWO MIN” stage, a memorable event for both BTS and SHINee fans. He praised Jimin‘s dedication and skill, while the latter admitted to a case of stage fright. Luckily, it was alleviated by the encouragement of the other BTS members.

The “Guilty” dance challenge video is more than just a collaboration; it’s a testament to the enduring friendship and mutual respect between Jimin and Taemin. Their ability to blend their unique styles and personalities, both on and off the stage, continues to captivate and inspire fans worldwide. – K-Pop News Writer

Featured Image: The best friends’ chiseled abs drove fans absolutely wild. Source: X/@pjmpoems13.

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BTS Dance Trainer Fired by HYBE Over Massive Fraud Allegations

A dance trainer affiliated with HYBE, recognized for working with BTS, has been abruptly terminated amid allegations of fraud exceeding 5 billion KRW (approximately 3.9 million USD). In addition to the massive fraud allegations, the former HYBE employee is facing criminal charges for the deceit.

Former BTS Dance Trainer Faces Massive Fraud Allegations

The individual, associated with HYBE’s label, BigHit Music, faced dismissal on November 20, following accusations of involvement in fraudulent activities totaling tens of billions of KRW, resulting in criminal charges. The allegations suggest that the dance trainer, posing as an investment opportunity, collected significant sums from victims but failed to return the funds, leading to their termination and legal consequences.

Since then, HYBE issued a statement about the former employee. “As soon as we became aware of our member’s misconduct and the damage it caused to the company, we promptly initiated an impartial investigation through an external law firm. After undergoing the dismissal process by the Disciplinary and Personnel Committee, we terminated the individual’s employment,” it read.

“This case involves the individual’s misconduct, which violated internal rules, regulations, and employment rules,” the statement continued. “We strictly prohibit members from exploiting internal information, positions, etc., for personal gain and engaging in illegal and unfair activities.”

“To prevent fraudulent actions, such as leveraging connections with the company or its artists for personal gain, and to mitigate the likelihood of future incidents, we are committed to offering external guidance on fraud prevention. Additionally, we will strengthen our governance system for ethics education and fair trade for all our members, taking substantial steps to enhance our internal control systems,” the statement added.

The incident has garnered widespread public attention due to the individual’s association with HYBE and their prominent role in the entertainment industry. For now, the agency has confirmed that they will proceed with proper legal procedures.

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Style Republik Highlights Jimin’s Impact As a Brand Ambassador

According to a report by Style Republik, the right ambassadors can elevate a luxury brand’s status, as seen in Dior’s campaign with BTS member Park Jimin. Contrary to the belief that big brands are self-sufficient, the reality is that alignment with customer desires and continuous evolution are key to success.

Dior, ranked second in the world’s luxury brands by Luxe Digital Magazine in 2022, appointed Jimin as its ambassador. This announcement, coinciding with Paris Fashion Week on January 16, catalyzed Dior’s rapid ascent to new market heights, both socially and financially, as reported by Style Republik.

Social media platforms like Twitter and Instagram saw record-breaking engagement for Dior’s announcement posts featuring Jimin. Financially, the impact was equally impressive. Investing.com reported that Dior’s stock price soared to a 31-year high of €789.00 EUR just two days after the announcement, highlighting Jimin‘s influential presence.

Jimin boosted Dior’s market appeal

Choosing idols as brand ambassadors, as observed by Style Republik, is a strategic move to attract a younger market. K-pop’s global popularity, especially among Gen Z and Millennials, makes it an ideal way for luxury brands like Dior to connect with them. The loyalty of K-pop fans is the kind of energy luxury brands seek to harness.

This trend is not unique to Dior. Style Republik notes that other luxury brands like Chanel, Gucci, Louis Vuitton, and Prada also embraced K-pop idols as ambassadors. Consequently, they saw significant boosts in their stock values and market appeal. Louis Vuitton’s appointment of all seven BTS members as global ambassadors, for instance, led to a remarkable increase in their stock value.

In today’s market, as Style Republik reports, the right ambassador can enhance a brand’s popularity and credibility. The association with popular figures like Jimin goes beyond mere product endorsement; it creates a deeper connection with the brand. Fans, in their admiration for their idols, extend their support to the brands these idols represent. They end up becoming brand enthusiasts themselves. – K-Pop News Writer

Featured Image: Dior made the right call when it chose Jimin. Source: X/@mhereonlyforbts.

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Fans Protest BigHit Music’s Alleged Neglect of BTS’s Jimin

Fans of BTS’s Jimin are taking a stand against what they perceive as neglect from BigHit Music, the agency managing the global superstar’s career. They sent protest trucks to the agency’s building in Yongsan-gu, Seoul, demanding explanations, plus better communication and improved care for him.

The DC Inside BTS Jimin Gallery and the Twitter Jimin Support Team have been orchestrating these protests since November 13. Their actions indicate a deep dissatisfaction with the agency’s handling of Jimin‘s career and well-being. They’re determined to see significant changes in the way he’s managed.

@pablosb19_jiminbts

Thank You KPJMs! Fighting! #hyberespectjimin #thisisjimin #jimin #parkjimin #jiminpark #btsjimin #jiminbts #jiminie #jiminshi #jiminah #mimi #mochi #지민 #박지민 #ジミン #جيمين #bts #weloveyoujimin #withjimintilltheend #wearealwaysproudofyoujimin #jiminstanforever

♬ Face-off – Jimin

Key issues raised by the fans

The key issues raised by the fans are diverse and significant. First, they’re concerned about the lack of RIAA Platinum certification for Jimin‘s “Like Crazy,” which surpassed one million unit sales in the U.S. in August 2023, a first for a K-pop solo artist song. Despite this achievement, it has yet to be registered for RIAA Platinum certification, leading fans to demand proper recognition for this milestone.

Another issue is the separation of streaming counts for the English and Korean versions of the song on Spotify. After it hit number one on Spotify’s Global Chart, streaming counts for the two versions were separated for unknown reasons. This could put the song at a disadvantage when it comes to various year-end tallies. Fans seek an explanation from BigHit Music, as a Spotify rep said the separation was at the agency’s request.

Additionally, fans are upset about what happened to the “Like Crazy” CD single in the US. The CD hasn’t been restocked since the first batch sold out. Fans think that’s strange, especially since the song is up for the Top Selling Song trophy in the Billboard Music Awards. Lastly, fans urge BigHit Music to take legal action on his behalf. Despite fans providing evidence of netizens writing malicious comments about Jimin, the issue remains unresolved to this day.

Breaking Down Jimin’s Massive Year on The Charts | Billboard Music Awards 2023

Jimin continues to make waves

Meanwhile, Jimin continues to make waves. He earned nominations in four categories at the Billboard Music Awards. He was the first Korean solo artist nominated for the Top Selling Song category. Finally, he has also been actively engaging in campaigns as a global ambassador for luxury brands Dior and Tiffany & Co., and he recently released a vlog documenting the production process of his debut solo album FACE.

This situation involving BigHit Music, Jimin, and the fans highlights fans’ growing concern about the care and management of their bias. It remains to be seen how the agency will respond. – K-Pop News Writer

Featured Image: The fans say they won’t allow Jimin to be treated poorly anymore. Source: SBS Inkigayo.

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BTS’s Jungkook Debuts at No. 2 on Billboard 200 With ‘GOLDEN’

BTS‘s Jungkook earned another remarkable achievement when his album GOLDEN debuted at No. 2 on the Billboard 200. GOLDEN came in second to Taylor Swift‘s 1989 (Taylor’s Version), which retained the top spot for the second consecutive week.

The Billboard 200 ranks the most popular albums in the United States, combining traditional record sales, streaming equivalent albums (SEA), and track equivalent albums (TEA). GOLDEN amassed a total of 164,800 traditional album sales and 29,800 SEA units, which translates to 41.59 million on-demand audio streams. The album also racked up 15,600 TEA units in its first week.

With a total of 210,200 equivalent album units during the week ending on November 9, GOLDEN had the biggest week ever achieved by any Korean solo artist. Its physical sales were listed as the best-selling during the chart aggregation period. Jungkook has now tied the record for the highest ranking ever achieved on the Billboard 200 by a Korean soloist, a record he shares with his bandmates Jimin, SUGA, and V.

GOLDEN also debuted atop Billboard’s Top Album Sales chart, making it the best-selling album of the week in the United States. This is Jungkook‘s first charting album on the Billboard 200, and he has become the sixth member of the septet to have an effort chart in the Top 10. BTS itself has logged seven Top 10 hits, including six No. 1s.

BTS’s Jungkook debuts at No. 2 on Billboard 200 chart with “GOLDEN”

Jungkook made history on multiple charts

Jungkook made history on more than one Billboard chart this week. His single “Standing Next to You”GOLDEN’s title track—debuted at No. 1 on both Billboard’s Global 200 and Global Excl. U.S. chart, making him the first Korean soloist ever to top either chart with three different songs. He hit No. 1 on both charts with “Seven (feat. Latto)” and “3D (feat. Jack Harlow).” Notably, “Standing Next to You” is also Jungkook’s first No. 1 entry without a featured artist.

Meanwhile, “Standing Next to You” debuted at No. 5 on Billboard’s Hot 100, marking Jungkook’s sixth solo Hot 100 entry and his third solo song to enter the Top 10. With this new entry, Jungkook broke two of PSY’s records on the chart. He has now overtaken PSY to become not only the Korean solo artist with the most Hot 100 entries but also the Korean soloist with the most Top 10 hits.

In Jungkook’s homeland of South Korea, GOLDEN sold more than 2 million copies in less than a day, eventually becoming the most-sold album by a K-pop soloist in the first week of its release. 

Congratulations to Jungkook on his historic achievements! – K-Pop News Writer

Featured Image: ‘GOLDEN’ missed out on the top spot because of Taylor Swift. Source: Weverse.

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