HYBE Denies Rumors Of Acquisition And Merger With Trot Singer Lim Young Woong’s Agency

HYBE denies rumor’s of acquisition and merger with trot singer Lim Young Woong‘s agency, Mulgogi Music.

On September 3, a representative of HYBE’s side stated, “It is not true” about the rumors of a merger with Lim Young Woong ‘s agency, Mulgogi Music.

Earlier on the same day, a media reported that the merger and acquisition movement of Lim Young Woong’s agency Mulgogi Music and BTS’ agency HYBE had been caught, but both HYBE and Lim Young-woong denied this.

Lim Young-woong appeared on TV Chosun’s ‘Mr. Trot’ last year and took first place, receiving a lot of love. He developed activities with New Era Project, a TV Chosun consignment management.

Lim Young Woong’s contract with New Era Project expires on the 12th, and he will return to his original agency, Mulgogi Music, to resume his activities.



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