Tag: Ithaca Holdings

Ithaca Holdings

Latest News

Lee Jae-sang, the chief strategy officer (CSO) of HYBE designated as the company's new CEO at left, and Min Hee-jin, CEO of HYBE label ADOR [HYBE]

HYBE stock hits 18-month low after announcement of incoming CEO

HYBE shares closed at 170,300 won on Thursday, a day after announcing a new CEO, who is accused to threatening an ADOR executive amid the bust-up between the labels.

2024.7.25

Ariana Grande is reportedly parting with Scooter Braun after a decade-long partnership. [SCREEN CAPTURE]

Ariana Grande's exit rumor leaves HYBE in pickle

Billboard on Monday reported that Grande split with Braun, ending a decade-long partnership that began since her debut in 2013. Braun is the CEO of HYBE America, the U.S. branch of the K-pop agency that bought Ithaca Holdings for $1 billion in 2021.

2023.8.24

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Scooter Braun, founder of Ithaca Holdings and CEO of HYBE America [SCREEN CAPTURE]

Ithaca Holdings founder Scooter Braun is new CEO of HYBE America

Scooter Braun, founder of Justin Bieber’s agency Ithaca Holdings, has become the sole CEO of HYBE America. According to a report by U.S. entertainment news outlet Variety on Wednesday, HYBE America’s former co-CEO Lenzo Yoon, or ...

2023.1.26

HYBE has a blowout quarter with an assist from Justin Bieber

HYBE reported a record profit in the second quarter driven by album and concert ticket sales. The entertainment company, which created, trained and managed BTS and manages Seventeen, logged 93 billion won ($71 million) in net profit during the ...

2022.8.3

HYBE net profit rises 11 percent in the first quarter

HYBE’s net profit rose 11 percent in the first quarter on year to 15.8 billion won on 178.3 billion won of sales, up 29 percent. Operating profit for the lifestyle and entertainment company came in at 21.7 billion won, up 9 percent on ...

2021.5.5

BTS at the Grammy Awards held last month [YONHAP]

HYBE's billion-dollar bet trades mixed on first day

HYBE's latest effort to diversify away from its over-dependence on BTS, from which it derives about 85 percent of revenue, received a mix review from the market.

2021.4.5

Big Hit Entertainment's new headquarters building in Yongsan, central Seoul. The company officially started using its new name HYBE from March 30. [BIG HIT ENTERTAINMENT]

HYBE takes over Big Hit America, will also merge with Ithaca Holdings

HYBE is set to grow its stake in the U.S. music market, as the company made a public announcement on Friday that it has taken over Big Hit America and will also merge with Ithaca Holdings, a major U.S. investor whose chairman manages pop ...

2021.4.2

Tag: Ithaca Holdings

Ithaca Holdings

Latest News

HYBE stock hits 18-month low after announcement of incoming CEO

Ariana Grande's exit rumor leaves HYBE in pickle

Most popular

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

Evan opens up about cancer, new beginning after Enhypen

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

Former Enhypen member Evan kicks off solo career — as it happened

Ithaca Holdings founder Scooter Braun is new CEO of HYBE America

HYBE has a blowout quarter with an assist from Justin Bieber

HYBE net profit rises 11 percent in the first quarter

HYBE's billion-dollar bet trades mixed on first day

HYBE takes over Big Hit America, will also merge with Ithaca Holdings