Netizens are worried about HYBE disbanding SM groups that don’t make money

Does HYBE have the right to disband SM groups that don’t make money?

I’m curious

1. Are there any groups that don’t make money in SM?

2. Looking at GFriend, it’s just not renewing the contract

3. Didn’t HYBE disband GFriend?

4. If the shares of HYBE exceeds 40% as planned, they have the right to do anything

5. Where is SM group that doesn’t make money…?

6. But there’s no group that doesn’t make money..?

7. There must be groups that HYBE wants to disband

8. Are you serious..?

9. I don’t think HYBE will do that

10. I’m afraid they won’t renew contracts with groups that don’t make money

11. Do you think the contract is a joke?

12. All SM idols do well and are good at earning foreign currency

13. HYBE disbanded a group that was doing well

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rina

13. HYBE disbanded a group that was doing well

Let’s be honest here, even as a buddy I can admit gfriend wasn’t doing that well anymore. Source Music was the one who disbanded them so they could put all their time and money into le sserafim 🤷

goi

one of the girls moved on to be an actress, and two others didn’t stick with the remaining girls who wanted to promote as a group. i get that they have some solidarity to each other and they collectively will “always be gfriend” but the reality is that if they wanted to stay together, they didn’t have to wait on hybe hand them contract renewals. they made their choices, and surprisingly quickly for as “shocking” as the disbandment came to the public.

Geo | ❄️🌟

This forreal, if they really wanted to stay together, they would have stayed together somewhere else. Nothing was stopping them–the members that DID want to group together even grouped together. It just seemed obvious to me that Yuju wanted to go solo and Yerin and Sowon wanted to do solo activities too.

missy

i know soumu eating good and reaping the benefits of putting all their resources into le sserafim

yonyek

Tbh tho they are doing the worst of the 22 ggs…

Last edited 1 month ago by yonyek
nawel

not really they are charting high & doing fine

goi

are you forgetting the songs JYP is giving ITZMIXX???

ex-sogf

it’s 95%:

  1. Gfriend who’s 7 yr exp thinks they should get a pay raise
  2. But soumu who see’s gfriend as a sinking ship thinks they need to get a pay deduction (given they were at -7m)
  3. They quarrel & split.
  4. Le sserafim now starts at -7m & has to pay back gfriend’s debt.
  5. Le sse also has to pay all the garam costs, sakura’s contract, chaewon’s contract, their fearless sajaegi, mubank rigging bribe money~ 10m? before they earn the 1st dollar.
  6. le ssera will almost certainly be quite broke until 7 yr or may never earn. At most, the next grp will start from zero. At least not at -10m.
yonyek

The news came out that Mubank wasn’t rigged

nawel

this is pure bs 😂 they will be fine. they are under hybe

goi

why would a new group have to pay the debts off for other idols? and hybe does not give trainees debt, so point 5 is ludicrous too… what sad little corner of allkpop did you crawl out of?

JeanCarlo

From a business point of view disbanding a brand(group) whos more a lost than a win, its the right desition
And lets be honest Nuest is an old group and the members wanted to pursuit their own path, and Gfriend was flopping hard, they couldnt even win a music show award and both companies were in debt with Hybe

Last edited 1 month ago by JeanCarlo
Guest

Hybe gave gfriend chances during comeback before the contract ended and even with mago they didn’t do that well on charts. Like griend could’ve actually make a loss than profit so it makes sense. Also it’s not like they break the contract or anything. The contract ended and hybe just didn’t renew. Ppl just hate hybe for no reason and make them look like they’re destroying groups pleasee

Guest

for charts fromis9 also didnt chart well but the girls sell really well. meanwhile gfriend flop at both fatal area, charts and sales, their streams also really flop. so u understand why hybe didnt see them profitable

Grace Walker

Source Music, did not renew their contract.

hiiiii

also, are we forgetting it was happening during covid? a lot of businesses were struggling in some way

JeanCarlo

Specially small agencies like Soumu even Pledis were struggling with no resources and big debts
Hybe paid their debts and save them from shutting down

yonyek

True but GFriend was flopping for years already, and they only ever got a break because of the rain scandal.

RollingKelly

More like Gfriend & Nuest might disband even earlier if HYBE didn’t buy their label.

Gfriend was on a downward sliding before HYBE join the pic. Their comebacks after the purchase shows clearly HYBE did invest into them. But unfortunately, even till Mago, they wasn’t doing good.

+at leave HYBE wouldn’t prevent the ones who left from TV promotion. Viviz member also did a tiktok challendge with TXT member to promote very recently.

Pledis never managed Nuest properly. That’s why they got to where they were before Produce. Even after PD, it didn’t look like Pledis would do much than milking whatever they could.

+Pledis could have done what SM did to TVXQ. They got the patent of Nuest+2 members renew contracts. But we have all seen what that would cause, beefs between members, fanwar of fingerpointing…

missy

unfortunately, i really don’t think hybe will disband any sm groups (if they even have the power to do so). all of their groups are generally successful. aespa and rv are no question; they’re the only ones who give sm presence on the digital charts. and even if their boy groups chart badly, all of them make a good amount of money through physicals and concerts, even suju who i think everyone wants disbanded. i also don’t think hybe would risk angering sm fans even more lol i don’t want that because i know if hybe does anything out of line in their eyes, it’s bts they’ll immediately attack for no reason.

also, i think gfriend and nuest were gonna be disbanded anyways lol. kpop stans dead think hybe is the devil out to kill every mildly successful group in fear of them surpassing bts (LMFAO) but all of the artists under hybe seem to love it, even the remaining nuest members, like imagine how pissed they’d be seeing their fans trend #FREE_[GROUP]_FROM_HYBE. the only group who loses out under hybe is bts, and that’s because everyone else is using their money! and gfriend…i’d tell buddies to let them go but it seems they already have considering viviz streams and sales! what happened to buying and streaming the music?

nawel

sm has no fans stfup

busi

Disband SUJU, NCT 127 and keep NCT DREAM, NCT U, AESPA, REDVELVET.

Sssdw

They should disband all NcT units, suju, and keep all other sm groups. NcT is beginning downfall of sm. Before NcT all sm groups were doing well.

Aaa

You guys are delusional. NCT is making more money than any other SM group. All full album+repackage albums sell a minimum of 3 million. NCT 127 just finished their 700 thousand-person tour. Probably just the tour’s money brought in more money than all the other SM artists did during the year. SM is not in a downfall they’re doing so great that SM can spend money on the metaverse thing with NCT’s money.

Nova_REMIX

That would be stupid of them financially. You’re all saying this because of some dumbass fan war. NCT currently makes the most money out of all other SME groups whether you like it or not.

They would be more likely to stop GOT the Beat or Super Junior, over NCT.

It is what it is

That’s what made me worried the most about Hybe getting in SM business, groups like TVXQ, SuJu, SHINee, SNSD, even EXO and Red Velvet won’t see the light because they aren’t as profitable as new groups

JeanCarlo

Well Hybe is an ent. company not a charity ONG, they NEEDS products who can be profitable enough to save them from a decline, BTS whos hybe’ 80% earnings is not active rn, Hybe has to save face in front of shareholders and the industry

nawel

bts may not be active but still bts make a lot of cash for them

hiiiii

those groups are fine though because tvxq & shinee earns a lot in japan, suju in south America, exo idk but they still earned a lot while red velvet in south Korea… the only group fans should worry is wavyv since hybe doesn’t mess with china

Hello xd

True about Suju, but actually they have their own company and I doubt that it’s too profitable for Hybe to keep it in that way. Besides, I really hope that separate ways with Hybe. Their controversies and image can really damage other idols under their umbrella.

Logans

just admit it gfriend declining so hard, even after disbanded their sales, charts and stream are so fkin low even compared to others. but i find it amusing their fans keep throwing rocks at lesserafim saying the girls cant sing, all of lesserafim achievement are hybe payola?? lmao buddy are seriously moron and losers. they must be bitter seeing their junior success and their unnir keep flopping day by day.

jia

I think people are really misunderstood on this whole situation.

Gfriend disbanded because of Soumu, Hybe is not the one who told them to break apart Gfriend.

Nuest disbanded because the members wants to go on their own ways. Not that they are forcedly disbanded.

Gyuri didn’t renew her contract with Pledis because she wanted to be an actress fully.

I mean there are two ex-Pristin members that still in Pledis and they probably make money less than Gfriend as a group but they both are still under Pledis rn , people don’t know because pledis keeping them in the basement and we all know pledis sucks at managing their artists

Hello xd

Actually Hybe decided to don’t renew their contracts, but they still wanted to make money using their name. They failed 20 times to trendmark Gfriend and the girls can use their name freely, thanks to the law.

Even the leader of Gfriend had a meeting with Source Music CEO recently, so obviously that Hybe took the decision.

jia

Isn’t soumu the one who wanted to trendmark Gfriend ?

tini

People dont know how bussiness works smh. First of all hybe own 14% of LSM shares, not of the company, lets say LSM owns 50% of Sm then hybe owns 14% of the 50%, not an actual 14% Also the fact that hybe bought from LSM mean that they have some deal and cant move however they want. Hybe is not the main investor in SM, so even the news of Bang PD or Min Heejin being nominated to the board of director is an exageration, they dont have the power that yall think they do. The GF and Nuest situations are completly different because they were UNDER hybe and the company had the last word, but this is not the case

Lazy Banana

That is not the case… for now. There was an article published in SK saying Hybe intends to own at least a 40% stake of SM. More shares= more seats at the board= more votes. If that happens then, Hybe will have controlling interest of SM. But who knows.

spicy spice

gfriend’s peak was in Rough era, they went down after that and doesn’t make any progress. it’s make sense to disband them. business is about money after all.

Guest

I think hybe gives option to the company and its upto them what they want to do with the group. GFriend disbandment was because of soumu let’s be clear on that. Not gonna say hybe is also not responsible, yea they are. But if soumu had any kind of respect towards GFriend they wouldn’t have done it. GFriend made them and it’s clear they wanted to have a more successful ggp that GFriend but for that they shouldn’t have disbanded GFriend. They could have both lsf and gf under their label. But idk what was going through their mind. Now ppl often bring nuest too. Nuest was a grp which debuted near the same time as BTS. They were already a veteran group. And the decision must have been between them and pledis and decided to do what they found best at that moment. You cant be stuck on a grp for the rest of your life. Pledis also had seventeen which debuted at the same time gf did but pledis didn’t disband them. Fromis_9 was also an option they can disband but they are still out there. Gf and fromis_9 had different level of popularity. Gf definitely was more popular than them but it all fell upon the company at the end of the day. One company choose to disband other don’t.
So even if hybe takes over they will most certainly give the company if they want to disband certain groups or not. And then it will be upto them to decide what they wanna do.

yonyek

12. All SM idols do well and are good at earning foreign currency

This lie lmao, then why is SM literally in such bad shape it’s being sold off?

Guest

Cause of kwangya and metaverse. Lsm was literally spending the whole money on those two. And sm was not in a bad shape. Lsm shares were already up for sale since 2021. He wanted out but he wanted his vision to stay with the company. Sm new heads definitely didn’t want that. And they had some internal fights cause of it. Sm rn is suffering cause of lsm dream and nothing else. Sm was still a stable company. They weren’t bankrupted. Definitely you would know that if you will read all aspect and not only surface internet drama.

yiii

Actually it isn’t a lie.
If you go look at SMent financial statement you can see they are doing better than they have ever done. For example in 2021 SM net profit was 105 million USD. That is a lot of money to give you some context HYBE’s net profit in 2021 was 107 million USD.
So in moneywise SM is actually doing extremely well earning a lot more profit than JYP and many times more profit than YG.

Last edited 1 month ago by yiii
Lazy Banana

I don’t like SMEnt but yeah, they were very profitable in 2021, 2022 idk yet

Last edited 1 month ago by Lazy Banana
yonyek

At the very least, hybe please kick Lucas out 🤲🤲🤲🤲🤲 please please

Guest

Kay i agree on this one with you. Take this Sana pic for good luck as we both manifest for his good bye.

freeseungri

Disband aespa pls. Thx

Guest

Oooohhhhh for what exactly criminal stanner 🤣🤣🤣🤣😈

Eeemyumi

Pretty sure they just didnt renew, its not like they were kicked out and their comebacks werent charting well

Guest

Booo hooooo keep crying mf🤣🤣🤣😈

Lazy Banana

Istg you Gfriend stans are so bitter. I remember when LSF just debuted and Gfriend stans would just shit on them for being the new Soumu group as if LSF doesn’t get enough hate as it is.

Eeemyumi

I have some ideas on which sm groups to disband……

Guest

Good luck on manifesting for people to be layed off their jobs and I am not only talking about idols here but employees who work night and day to just get food on their plate. Karma will teach you don’t worry.

Guest

Who asked for your opinion nuguass mf🤣🤣🤣😈 even bangpd with stomp on your face with his million dollar shoes before you could even breath let alone speak🤣🤣🤣🤣😈

nawel

Are there any groups that don’t make money in SM?
shinee sj snsd exo red velvet tvxq exo and even nct !😂
they are all flops lmaoooo. nobody loves them

Guest

Oh they are more loved than you obviously let’s be clear about that first.

Guest

Nobody loves you for sure🤣🤣🤣😈

WhatsThe Point

Do it do it

Guest

Hope one day you get layed off from your livelihood with no future ahead of you and people cheer in front of your face.

Guest

Yeah let me call your parents just this moment. Maybe contact their companies to make them get fired how that sounds mf😈

Nobody

WayV of course and most NCT guys don’t have attention or popularity no new debut rip NCT Japan. Don’t forget Nuest are more Popular than half of NCT

Aespa concept will be cancel because it’s waste too much money for media play with little rewards

Last edited 1 month ago by Nobody
Guest

Stfu fvckface nobody

Nobody

Hybe relationship with China are not good since Chinese diplomat has brief with BTS for nationalism issue. WayV are on tour you better see them before Hybe get rid of them

Guest

Hybe is a company fvckass they ain’t gonna do nothing to Chinese if they are bringing money…why do you think hybe wrote the articles of nj taking over BTS and becoming new face of hybe at first place…BTS ain’t that important to hybe nowadays. As an army you should worry about that first before worrying about my faves disbandment. For that i am here to worry…

Guest

Nobody wants you that’s why your names nobody mf🤣

Lezana

Do people think Hybe bought sm shares for charity? This is a business and the group that is not profitable, is going to be disbanded and that’s fine with me, they used BTS money for this, they are not going to keep useless people.

Guest

Acting as if BTS and hybe money is yours broke ass mf. It’s crazy how those people you are cursing on make 100000x more than you. While you are stuck here cursing on them. Pathetic.

Lezana

You can rage all you want, they’re going to be disbanded anyway. 🤭😘

Guest

K mf we will c

Guest

Btw what money rn BTS ain’t giving nuts to sm groups now. Don’t worry once they start giving my faves their money. Let me go and spam their posts with complaints and ask about their solo music how does that sound 🤣🤣🤣😈

Nova_REMIX

I mean, GOT the Beat may disband. But their male groups sell pretty well. I don’t see a need for any of their groups to disband. At most maybe Super Junior, but they’re under their own label.

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