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Thursday, May 2, 2024

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HYBE's CEO, Park Jiwon, Apologizes to Shareholders... Mentions Improvement on Multi-label System

by Reporter Kim Yujin

Park Jiwon, CEO of HYBE, personally addressed and apologized for the recent controversy involving Min Heejin, CEO of ADOR, during HYBE's First Quarter Earnings Conference Call 2024 held on the 2nd. 

He stated, "We have confirmed the facts through the audit process and will take necessary measures regarding this matter." Regarding the multi-label system, he added, "HYBE has grown through the multi-label system after so many trials and errors. While this incident may raise doubt about our multi-label system, we will continue to improve."

On the same day, HYBE stated, "The legal procedures related to recent issues are currently underway, therefore we will refrain from commenting on any related questions."

theqoo

-What, you're only sorry only to shareholders?

-Why did you deceive us? Did you mess up the gaming industry like this too?

-Don't ruin the entertainment industry and just go away.

-If you still think firing one person will solve everything, you're stupid for real.

-Seriously, get lost.

-Labels should be run like Kakao, you guys are failures.

-How can shareholders trust your label after seeing this mess?

-Instead of apologies, resign.

-Bang Sihyuk, Park Jiwon, and other executives should all leave.

-Honestly, what role does Park Ji-won have? What tasks are assigned to him? What did he actually do this time?

-If you're really sorry, resign.

-If you're sorry, show it through action... Leave.

-It would be better if you leave.

-Only caring about shareholders, huh?ㅋㅋㅋ

-Take responsibility and leave.

-Only shareholders matter for you?

-He's really ncompetent and have no conscience

-You really can't do your job, huh?

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