MBC and the music agency HYBE, who had been in conflict for nearly four years, have reached a dramatic reconciliation.
Bang Si-hyuk, chairman of HYBE, is attending the Kwanhoon Forum held at the Press Center in Jung-gu, Seoul, delivering the keynote speech. Photo by Dongju Yoon doso7@
According to industry sources on the 30th, MBC President Ahn Hyung-joon and HYBE Chairman Bang Si-hyuk held a cordial meeting at the MBC headquarters in Sangam-dong. At this meeting, President Ahn expressed regret for the artists who may have been hurt due to past flawed and outdated production practices. He also proposed a dialogue with HYBE to establish advanced production practices.
The two exchanged opinions on the development of K-pop and K-content and plan to jointly announce specific cooperation measures in the near future.
Since 2019, there have been ongoing rumors of discord between MBC and HYBE. HYBE-affiliated artists have not appeared on MBC’s music program "Show! Music Core" and have also abstained from year-end events such as the MBC Gayo Daejejeon.
Following this meeting between President Ahn and Chairman Bang, it is expected that HYBE artists will return to appear on MBC’s music programs.
Chairman Bang said, "I deeply appreciate MBC’s consideration to enhance the rights and interests of K-pop artists," adding, "I hope this meeting will serve as an opportunity for advanced production practices to be newly established not only between the two companies but throughout the domestic entertainment industry."
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