In 2021, HYBE acquired the US entertainment agency 'Ithaca Holdings' for 1.2 trillion KRW... This article raises suspicions about 200 billion KRW in net profit that vanished right before the acquisition. Various truths and allegations are surfacing, but it's surprisingly quiet here on Clien. ^^ The guy who had that messy mudslinging fight with Taylor Swift was Ithaca's CEO, Scooter Braun. Smells fishy, doesn't it? Hahaha. Check out the content if you're interested. Articles about HYBE and Bang Si-hyuk are always on the scale of hundreds of billions. Shocking... hahaha. I've only captured a portion of the article below. If you want the full text, check the link or the original YouTube video.
Article Link: https://www.spochoo.com/news/articleView.html?idxno=117329 Watch the original YouTube video if you have time. The detailed explanation is solid. * New Tamsa YouTube Title: Bang Si-hyuk's suspicious 1.2T KRW acquisition of US Ithaca, which sold off prime assets. Was he fooled by the notorious Scooter, or was there a secret agreement? (Bang Si-hyuk segment starts at 20:44)
I searched the exact article title on Naver, and the AI summary is actually quite helpful. lol
"Community members are sniffing out a potential financial scandal regarding HYBE's acquisition of Ithaca Holdings, suspecting that Bang Si-hyuk might have been played by Scooter Braun or involved in something shady. While the NewJeans drama is a separate thing, users are waiting for the hammer to drop on this financial mess."
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