Seoul Shinmun Reporter Jang Hyung-woo Reveals ‘HYBE’s Media Control’ on CBS Radio Kim Hyun-jung’s News Show

2024-09-25 ← Back to List

🔗 CBS Radio “Kim Hyun-jung’s News Show” 9/25 (Wed) [Hook News] NewJeans Ultimatum D-Day… Pay Attention to the ‘Contract’ (Full Interview Transcript)

◇ Kim Hyun-jung:Hello. Actually, it’s not common at all for a reporter from a major newspaper to come forward and make a report like this. How did you come to think that you needed to bring this to public attention?

◆ Jang Hyung-woo:Actually, I’m an industry desk reporter who covers shipbuilding, aviation, defense, and similar sectors. On July 17th, I wrote an article about NewJeans’ Tokyo Dome concert, their performance in Japan, and HYBE’s stock price that has been struggling to rebound.

◇ Kim Hyun-jung:Because you’re an industry desk reporter.

◆ Jang Hyung-woo:Yes, that’s right. After the article came out, I received a call from HYBE requesting corrections to the article. Of course, requests to correct minor factual details should naturally be accepted. However, HYBE, under the guise of correction requests, made comments that distorted and disparaged NewJeans’ achievements in Japan, along with other statements that defied common sense. At the time, I just thought it was strange and moved on. But on the 11th, I watched the NewJeans members courageously express their position through a YouTube live broadcast, and I realized this can only be seen as unfair treatment. So I wanted to make the specific details known, which is why I decided to come forward with this report.

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The recording released on CBS Radio’s “Kim Hyun-jung’s News Show” was a conversation from a phone call received after this article was published.

As the possibility of new disputes grows rather than conflict resolution, HYBE’s stock price has failed to benefit from the ‘NewJeans effect.’ The double single “How Sweet” released in May sold 1.12 million copies, and the Japanese debut single “Supernatural” released on the 21st of last month sold over 1.02 million copies in just ten days, making NewJeans successful in selling over 1 million copies of every album released since their debut. HYBE’s stock price rose over 2% to surpass 200,000 won on the 28th of last month, right after NewJeans successfully debuted on the Japanese stage by filling Tokyo Dome including restricted-view seats. It also rose over 2% on the 4th when NewJeans was selected as the 2024 Korea Tourism Honorary Ambassador by the Korea Tourism Organization.

🔗 Reporter Jang Hyung-woo – HYBE PR Full Recording Original Tweet Link (Deleted)