HYBE's record label BigHit Music named current general manager Seon Jeong Shin to be the next chairman, following approval at a shareholders' meeting and a board decision on Tuesday (November 26).
Shin, who was named to Billboard's 2022 40 Under 40 list for helping develop HYBE's artist training system, played a role in the creation and success of BTS. As head of training and development, he also helped launch many HYBE artists that followed BTS's global success, including TOMORROW X TOGETHER, ENHYPEN, Le Sserafim and &Team. Most recently, she helped expand HYBE's artist training and development system to North America, where HYBE and Geffen Records created global girl group KATSEYE. “I feel like understanding the evolving demands of audiences and fans is the most important trend for people in this business,” he said. Bulletin board in 2022.
HYBE has undergone a major organizational change in 2024 as it exports its K-pop business model and approach to artist development. In July, Jason Jaesang Lee was replaced Jiwon Park as CEO to lead the 'HYBE 2.0' global expansion strategy. And when the company revealed more details about its restructuring in August, the current president of BigHit Music Young Jae Shin appointed president of the newly formed HYBE Music Group APAC, overseeing the company's operations in Japan and South Korea.
The South Korean company is also moving into America. Following the acquisition of Exile Music Group in 2023, HYBE Latin America — led by CEO Jonghyun “JH” Kah — launched a new record label, DOCEMIL Music, and opened offices in Miami, Los Angeles and Mexico City. Additionally, CEO of HYBE America Braun scooter oversees all promotional and marketing partnerships between HYBE and its distributor, Universal Music Group, including assisting UMG artists on HYBE's Weverse social media platform.
from our partners at https://www.billboard.com/pro/hybe-bighit-music-promotes-seon-jeong-shin-president/
