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Discord hits BTS agency Hybe's shares, as subsidiary feud festers

TOKYO -- Stock in Hybe, the company behind K-pop sensation BTS, has plunged as a feud with one of its powerhouse subsidiaries sows disharmony at the entertainment giant and signals a new risk to its ownership of several music labels.

Hybe's stock has dropped by 11%, or more than 1 trillion won ($727 million) since the saga spilled into public last week, according to Korea Exchange data.

Read more on asia.nikkei.com