In a significant development in the music industry, music production company ONE HUNDRED announced on May 16 KST that it has officially acquired INB100, an entertainment label established by EXO’s Baekhyun.
INB100, home to EXO-CBX members Chen, Baekhyun, and Xiumin, will now operate as one of the three subsidiaries under ONE HUNDRED.
The parent company also oversees the operations of hip-hop label Million Market and entertainment label Big Planet Made.
ONE HUNDRED was brought to life by the collaborative efforts of musician/producer MC Mong and Cha Ga Won, the president of real estate conglomerate p_Arc Group.
In related news, Big Planet Made refuted allegations last May that it had attempted to recruit EXO members who were in the midst of contract renewal discussions with SM Entertainment.
The label maintained that MC Mong had met with “his hoobae artists for a personal gathering.”
At present, Million Market houses one artist, MC Mong. Big Planet Made, on the other hand, boasts a diverse roster of artists including Lee Mu Jin, VIVIZ, BE’O, Ha Sung Woon, Ren, Huh Gak, Kasper, Kany, SHINee’s Taemin, Lee Soo Geun, and Lee Seung Gi.
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