Suspicion of NewJeans fans sending funeral wreaths to celebrate the birthday of a LE SSERAFIM member?

As two girl groups under the same company, NewJeans and LE SSERAFIM are often compared. Recently, the kpop fan community was in a stir when fans of these two girl groups fought a war of words.

Recently, a user on Nate Pann shared a screenshot of a message from a NewJeans fan, revealing plans to send a funeral wreath to HYBE. This action was scheduled to coincide with the birthday of LE SSERAFIM member Chaewon. This caused a strong reaction among his fan community.

Some LE SSERAFIM fans were outraged that these funeral wreaths were sent on Chaewon's birthday and said this action was disrespectful. Others stood up to defend NewJeans and said that sending wreaths was to protest against the idol's management company, which is a normal and frequent occurrence in the Kpop fan community.

They even think it's unreasonable to expect fans of a group to keep track of the birthdays of all artists under the same company. NewJeans fans emphasized that this was an act of protest against HYBE, not against Chaewon.

In response, LE SSERAFIM fans expressed their discontent, calling for legal protections. It is known that August 1 is Chaewon's birthday.

NewJeans and LE SSERAFIM are two groups under HYBE, but they are treated completely differently. Because of this, fans on both sides have little sympathy for the other.

Specifically, president Bang Si Hyuk used to use his own car to transport LE SSERAFIM's albums to replenish the group's store.

Contrary to accusations of ignoring NewJeans, Chairman Bang has put a lot of effort into LE SSERAFIM, from the music to the group name, he personally chose it.

Previously, the audience also discovered that Bang Si Hyuk has never had a photo taken with NewJeans, while almost all other groups in the company have. NewJeans is also a rare group in HYBE that does not have a debut event.

However, New Jeans brings in twice as much profit as LE SSERAFIM.

Koreaboo has shared a summary of the revenue and net profit of each subsidiary of the HYBE Labels group in 2023.

HYBE is known as the largest multi-brand entertainment group in Korea. But in addition to subsidiaries specializing in Kpop artist management such as Big Hit Music, Pledis Entertainment, ADOR, Source Music, HYBE group also has many subsidiaries focusing on other fields such as management, games and IT.

In the report, there are a total of 17 listed subsidiaries, but what is surprising is that the total number of subsidiaries with negative net profits in 2023 is nearly double the number of companies with positive net profits (6 company).

The 11 companies with negative net profits are mainly companies in other fields, without entertainers. Among them, HYBE America has the worst profit with a negative figure of 142.4 billion won; HYBE UMG LLC (management company) negative 23.4 billion won; HYBE IM (developing and providing game software) negative 20.9 billion won...

When adding up all the net profits of 17 subsidiaries, HYBE's total net profit for 2023 is 65.4 billion won, only about half of the total net profit earned by BigHit Music (140.3 billion won ).

Although BTS members took turns participating in military service, their solo music products were still released regularly during this time. That leaves BTS as the main pillar of HYBE, with an estimated contribution of around 60%.

NewJeans' profit also caught attention with the figure of 26.5 billion won. NewJeans earns this amount of money mainly through music products and advertising, without concerts or tours.

While LE SSERAFIM brought in 12.1 billion won in profits, including the "Flame Rises" tour starting in August 2023. Seventeen also has a "Follow" tour taking place from July 2023, bringing in good profits.

NewJeans won the contract by LE SSERAFIM, but the other party is just an attachment? Bảo Nam10 months agoDuring the conflict with CEO Min Hee Jin, HYBE filed a lawsuit accusing Min Hee Jin of violating trust, revealing ADOR's trade secrets to the outside. However, the truth was exposed after the court's ruling.