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.

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

Advertisement. Scroll to continue reading.

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

Comments

You May Also Like

K-Pop

Big Hit Entertainment has officially canceled the admission of live audience for their year-ender concert

South Korea

Fans are saying many things about Big Hit's year-end joint concert

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!

Advertisement

Latest

K-Pop

It is now CRAVITY's turn to surprise you all with their powerful comeback!

Philippines

The Philippine telco will unveiling an ad campaign featuring BTS in the first quarter of 2021.

K-Pop

All hail Stray Kids' fennec fox and Maknae on Top, Yang Jeongin!

K-Pop

Here are the winners at the 10th Gaon Chart Music Awards! Congratulations!

K-Pop

“SHINee’s back”. This statement is not just a familiar track jingle, but the K-pop legendary boy band is back for real this time. SHINee...

K-Drama

The actors learned the instruments themselves and played it throughout the filming.

K-Pop

IU will be releasing her pre-release track from her 5th full-length album on January 27.

K-Drama

Park Shin Hye and Cho Seung Woo will live in a world with two futures to save the world.

K-Pop

The Produce-48 born group might be the first (and last) to get their contracts extended!

K-Pop

MLD Entertainment announced its plans to pursue strong legal action against the culprit.

Advertisement
Advertisement
X
X