In case you missed it... HYBE just launched a label services business in the US
Tuesday 01 October 2024
In case you missed it HYBE just launched a label services business in the US
HYBE, the South Korean music company behind BTS and SEVENTEEN, has launched a new label services division in the US. This move is part of HYBE's global strategy under newly appointed CEO Jason Jaesang Lee, who succeeds Jiwon Park.
The label services business will focus on providing distribution and services for independent artists, entering a highly competitive and lucrative sector in the music industry. The new venture will be overseen by HYBE's US division, HYBE AMERICA, led by CEO Scooter Braun.
HYBE generated $1.66 billion in revenue last year and is aiming to expand its presence in the US market through this new initiative.
