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.