Connect with us

Hi, what are you looking for?

News

Big Hit Entertainment reportedly acquiring Pledis Entertainment

Big Hit is reportedly acquiring another agency less than a year after acquiring Source Music

Korean news outlet Sports DongA exclusively reported on January 13 that Big Hit Entertainment, home of K-Pop stars BTS and TXT, is acquiring Pledis Entertainment, in a deal similar to Big Hit’s acquisition of Source Music last year, the agency of the girl group GFRIEND.

Pledis Entertainment houses multiple K-Pop acts, such as SEVENTEEN, NU’EST and After School.

The report continues by saying that Pledis Entertainment will continue to operate as an independent label just like Source Music, and is likely to move into Big Hit’s new building in Yongsan.

Advertisement. Scroll to continue reading.

However, Big Hit Entertainment later responded by saying “Nothing has been concluded on acquiring Pledis Entertainment.” 

Pledis Entertainment also shuns reports by saying nothing has been decided about Big Hit’s acqusition of the agency, and that untrue things are published on the articles.

Big Hit’s acquisitions are expected to continue as the agency is also reportedly planning to expand its business areas into the scope of film, drama production and publishing business. -HallyuLife.com

Advertisement. Scroll to continue reading.
Bryan Snow
Written By

Bryan "Snow" Osorio is a technology and entertainment journalist, editor-in-chief of Revealed.com.ph & HallyuLife and CEO/Co-Founder of AstPro Media Group (AMG). An award-waiting journalist who writes articles that have no discretion, he loves to listen to K-Pop and also making his own music. He is also a technology, audio, car, and gadget geek so when he's not working, he just watches Korean shows, or videos on YouTube. Unfortunately, despite being a CEO, he's always on a budget.

Comments

You May Also Like

News

Ever dreamed of becoming the next global K-pop star?

News

After rumors of acquisition, the deal was finally settled in.

News

The reality survival show's name is similar to (G)I-DLE's world tour.

K-Pop

The boys are making a comeback this spring!

News

They stated that it was all groundless rumors.

News

Their dreams are finally coming true one by one!

Advertisement