Everyone knows and loves BTS, who is now the biggest boy boyband in the world. The success they have is an inspiration to many artists around the world. But the force that strived for and supported them is the giant music label, HYBE LABELS.
How and When did it start?
But originally, it wasn’t so successful when it started in 2005. Bang Si Hyuk, the founder of BigHit Entertainment opened this label to get the people and make them grow into their best idol selves. Though the label was quite small, it strived to be one of the best entertainment companies in Korea.
The company behind BTS
This dream was set into motion when BTS came into the company. Hardworking, young and talented, BTS changed the tide of k-pop. The company supported them throughout their debut and made sure that they try their best to provide the group with everything they could. Bang Si Hyuk especially made it a point that they get the best resources and exposure. Due to this, BTS is now the biggest boy band in the world. And hence, as time passed, BigHit grew along with BTS. And now, it has become such a huge corporation that it has artists like Justin Bieber, Ariana Grande, J Balvin, and Demi Lovato under them.
Recent Changes
Despite the new changes, including their name from BigHit to HYBE, the core of the company stays the same. HYBE still tries its best for its artists and supports them. Besides BTS, they have debuted groups like TXT, ENHYPEN, LE SSERAFIM, and talented solo artists like Lee Hyun. It has also included groups like GFRIEND, PH1Harmony, and SEVENTEEN.
Hence, after the company got big, the other companies under the corporation are BigHit MUSIC, BELIFT LAB, SOURCE MUSIC, PLEDIS Entertainment, KOZ ENTERTAINMENT, HYBE LABELS JAPAN, ADOR (“All Doors One Room”) Ithaca Holdings
You can read more about them here:
BigHit was a private company but it went public on Oct. 15, 2020. Since then, people have been investing in the company to support their favorite artists. It also changed its name to HYBE, and moved to a new building (which is no less than MAJESTIC) On July 1, it was announced that founder and CEO Bang Shi Hyuk also called Bang PD has stepped down from the company’s CEO position. He will now focus on his role as the chairman of the board of directors and also dedicate more of his efforts toward music production. Park Ji Won will replace Bang PD as HYBE’s new CEO. Though he resigned as the CEO, he would always be the cute, caring, and supportive father figure for every group included in the HYBE family.
BigHit has gone a long way to achieving what they have right now, but the way they rising is nothing but the skies for them.