Hive - Min Hee-jin Timeline Summary

Summary)
2019 - Hired Min Hee-jin to develop girl groups
2020 - BTS's huge success on Billboard led to HYBE's IPO reaching 11 trillion won, a great success
In 2021, Min Hee-jin, wanting her own label, established the solo label Adore with Hype promising a 20% stock option.
In 2023, Source Music, which Min Hee-jin left, recruited Sakura and Kim Chae-won to debut Le Sserafim.
In 2023, NewJeans was a huge hit, and ADOR's sales nearly increased tenfold. To give stock options, they faced a tax bomb, so they adjusted to 18% through stock gifting (about 400 billion won).
In 2024, Min Hee-jin gathers major investors to secure shares, aiming for a 50% stake and control of management.
They are suspected of attempting to persuade the NewJeans members and their legal representatives here.
Parents request clarification from Hi-Ve about a similar concept group like AI-X.
Hybe requested an explanation and a meeting, but Hybe refused, claiming they were insincere (??)

Ultimately, Hybe has started an audit, accepting the impact on stock price (market cap of 850 billion won).

Can you believe someone could be like that even after receiving 400 billion won? Haha