CNBC reported on a recent contract ruling favoring K-pop group New Jeans’ management agency, HYBE (formerly Big Hit Entertainment). The decision allows HYBE to retain the rights to New Jeans’ music and other creative content. This outcome is seen as a significant victory for the company, with estimated gains of around $630 million.
Source: https://www.cnbc.com/2025/10/30/newjeans-contract-ruling-valid-hybe-gains-almost-630-million-.html