[NB] Big Hit claims "nothing has been decided" on acquiring Pledis

[My Everything]

 

 

 

Article: [Exclusive] BTS to become family with NU'EST and Seventeen

Source: Sports Donga via Naver

1. [+635, -30] Big Hit needs to start filing lawsuits for their artists instead of adding more on their plate like this

2. [+579, -50] What a joke, they can barely handle BTS as it is

3. [+487, -27] Big Hit, please focus on protecting the artists that you have before expanding your company ㅋㅋㅋㅋㅋㅋㅋ they're obsessed with going public ㅋㅋㅋㅋㅋㅋㅋ

4. [+355, -80] Big Hit can't even manage one group with BTS and are getting hate from their domestic fans already, why would they add more to their plate? Stop sending BTS overseas all the time and alienating domestic fans.

5. [+286, -81] Big Hit can't even do their jobs but they're so blinded by the prospect of going public that they're picking all the things that fans don't want. I hope Big Hit goes bankrupt before they're able to go public.

6. [+170, -7] Big Hit has the perfect environment to train their own rookie groups, why keep acquiring companies? How are they going to fit them all under one building? When is BTS going to comeback when they add all these other artists to their line-up? We're barely going to get one comeback a year if they're going to avoid overlaps. Why are we sharing what BTS has achieved with other companies instead of our own rookies? Stop testing BTS fans like this.

7. [+141, -7] They're barely managing their own artists, Big Hit is expanding without knowing their limits. I hope they realize who helped them get this big in the first place.

8. [+132, -5] I will kill Big Hit if they even try having some kind of collab concert with all the Big Hit labels

9. [+129, -5] Big Hit is nothing without BTS, they can barely manage BTS as it is but all they're doing is adding more to their plate

10. [+114, -13] Big Hit probably realized that they're not talented enough to train their own rookie groups so they're just doing crap like this... They lucked out with BTS, especially when you see the way they're handling business lately;; it's just fans who are ending up with frustrations like this while the company is making the type of money they don't even know how to handle

11. [+93, -5] Agh ㅜㅜㅜ BTS shouldn't have renewed... what is this

12. [+76, -2] I wish BTS would cancel their 7 year contracts, Big Hit is going crazy

-

Source: Nate

1. [+156, -7] I guess expanding his own body wasn't the only expansion Bang Shi Hyuk was doing

2. [+96, -10] SM acquired a few labels too but they haven't done much with them either

3. [+91, -13] I support all three teams... but I think fans are worried that a bigger company will mean less attention for their bias groups... I personally think Big Hit needs to pay more attention to protecting their artists right now but instead they're so focused on adding new content like this... sigh

4. [+13, -2] Big Hit, worry about the artists you have now

5. [+10, -4] Increase security for BTS and start suing the hate commenters!!!! ㅡㅡ

-
 

Article: Big Hit reps, "Acquiring Pledis? Nothing decided" [official statement]

Source: X Sports News via Naver

1. [+151, -2] Thank goodness, don't do it

2. [+77, -0] Please don't do it, please

3. [+70, -1] ㅋㅋㅋ Yes, they're denying it for now... these two companies better stick to doing their own jobs for now

4. [+70, -4] Please don't do it, BTS fans don't want it, neither do NU'EST or Seventeen fans

5. [+48, -0] It does sound like Big Hit is denying it just to calm the fire ㅋㅋㅋㅋ I hope that they aren't thinking of acquiring them in the future

6. [+16, -0] Please don't test us, don't do it for real

7. [+15, -0] Please, please, please, please, please, I'm begging you, I'll never hate on Pledis again, so please don't merge with Big Hit. Bang Shi Hyuk-nim, please don't acquire Pledis ㅜ please look at all the hate this has caused on Twitter and article comments ㅜㅜㅜㅜㅜㅜ

8. [+14, -0] Pledis, we'll do better, I promise

9. [+11, -0] Don't do it, focus on BTS and TXT, don't think of expanding

10. [+9, -2] They're denying it for now but I feel like it's in the works

Source

[lllll]

just curious, but why so many fans think BH can't manage BTS? did something happen?

[blossoms]

the knetz views are very different from international fans hmm

[coval]

The Source Music merge made sense

But Pledis is in shambles, they disband their rookie gg, and start managing a temporary one. Kept artists in the dungeon years. I saw the other week 17 fans are mad at their treatment and lack of content/communication. Nu’est were lucky Broduce saved them they would’ve had the same fate as Pristin. Idk why Bighit would want tot get involved in such a poorly managed company

 

Maybe it’s just the business major in me jumping out. As long as it doesn’t postpone or clash with BTS content knetz will prolly get over it too.

 

 

Edited January 13, 2020 by BTS Anti

[Gene_e]

5 minutes ago, blossoms said:

the knetz views are very different from international fans hmm

Indeed. I'm shocked lol

[classiq]

11 minutes ago, lllll said:

just curious, but why so many fans think BH can't manage BTS? did something happen?

More so, malicious comments than management on actual schedules.

Bts get hate on a daily basis on online communities as well as false articles (eg. Jungkook "mocking" the actress and etc) and domestic fans feel like BH is lax on hate comments. 

Edited January 13, 2020 by classiq

[Mees Madds]

I will never get over the "I made you, I will break you" attitude korean fans have because they bought something from the company. I bought a Galaxy S7 once so now Samsung has to listen to my opinions on how to do their business.

[Pyron]

13 minutes ago, BTS Anti said:

The Source Music merge made sense

But Pledis is in shambles, they disband their rookie gg, and start managing a temporary one. Kept artists in the dungeon years. I saw the other week 17 fans are mad at their treatment and lack of content/communication. Nu’est were lucky Broduce saved them they would’ve had the same fate as Pristin. Idk why Bighit would want tot get involved in such a poorly managed company

 

Maybe it’s just the business major in me jumping out. As long as it doesn’t postpone or clash with BTS content knetz will prolly get over it too.

 

 

Pledis in shambles would make a good sense to invest in as well. They have some name recognition and being in bad shape would mean their price could be pretty good to acquire. Of course, without numbers and whatever concession BH gives to Pledis, it's hard to judge.

Also, Pledis seems good enough for training trainees and scout talents, so there is some value in that as well. Tweaking their management could improve their internal works and image. Also, BH may just want to turn $$$ into market share.

[Acer]

Whew the overreaction lol 

 

Pika is so cute UwU. I need to buy Pikachu merch.

[soman]

36 minutes ago, BTS Anti said:

The Source Music merge made sense

But Pledis is in shambles, they disband their rookie gg, and start managing a temporary one. Kept artists in the dungeon years. I saw the other week 17 fans are mad at their treatment and lack of content/communication. Nu’est were lucky Broduce saved them they would’ve had the same fate as Pristin. Idk why Bighit would want tot get involved in such a poorly managed company

 

Maybe it’s just the business major in me jumping out. As long as it doesn’t postpone or clash with BTS content knetz will prolly get over it too.

 

 

Theyre not tho? If you mean fromis, theyre with OTR now and theyre not temporary

[MissBlack]

I don’t even care for BH and there are definitely things they can improve on but acting as if they can’t manage BTS is pure delusion.

[fairy eunha]

31 minutes ago, soman said:

Theyre not tho? If you mean fromis, theyre with OTR now and theyre not temporary

izone

[KhepriRa]

47 minutes ago, BTS Anti said:

The Source Music merge made sense

But Pledis is in shambles, they disband their rookie gg, and start managing a temporary one. Kept artists in the dungeon years. I saw the other week 17 fans are mad at their treatment and lack of content/communication. Nu’est were lucky Broduce saved them they would’ve had the same fate as Pristin. Idk why Bighit would want tot get involved in such a poorly managed company

 

Maybe it’s just the business major in me jumping out. As long as it doesn’t postpone or clash with BTS content knetz will prolly get over it too.

 

 

Saying Pledis is in shambles is quite an exaggeration lmao. Their biggest problem is just managing their artists, and except for Pristin (where it still isn't completely clear what caused their disbandment) and After School, I feel like things haven't been as bad with their management of NU'EST and Seventeen as of late. I'm not even really sure what you mean by carats being upset at Pledis recently because I honestly haven't seen any major complaints in the past couple of weeks. Unless you're talking about S.Coups and Jeonghan, which I thought was handled fine. I didn't see anything other than concern for their well-being from carats.

Pledis' whole thing with fromis_9 and IZ*ONE is a completely different beast. I'm pretty sure it's just a deal Pledis has with CJ E&M where Pledis lends them some managers/resources/training rooms in return for... something we don't know about. I haven't seen any big complaints from their fans about their management, except for when they'll comeback (fans of them can correct me on this).

Again, besides their girl groups, Pledis is doing well (business-wise) with NU'EST and Seventeen. Both of them are making tons of money, especially Seventeen in Japan and China. It's not really that hard to believe that BigHit might want a piece of the pie; it seemed more believable to me that BH would acquire Pledis than any other company people were coming up with when the rumors first came out. It's not like they're suddenly going to change how everything works in Pledis. They'll lend some money/resources if needed and nudge things in certain directions if they feel like it's warranted, but I'm sure they'll mostly keep their hands off and watch the money pour in.

[blah.blah.blah]

1 hour ago, BTS Anti said:

The Source Music merge made sense

But Pledis is in shambles, they disband their rookie gg, and start managing a temporary one. Kept artists in the dungeon years. I saw the other week 17 fans are mad at their treatment and lack of content/communication. Nu’est were lucky Broduce saved them they would’ve had the same fate as Pristin. Idk why Bighit would want tot get involved in such a poorly managed company

 

Maybe it’s just the business major in me jumping out. As long as it doesn’t postpone or clash with BTS content knetz will prolly get over it too.

 

 

"business major" lmao. Then I'm sure you're familiar with the concept of value investing???

[hella]

2 hours ago, classiq said:

More so, malicious comments than management on actual schedules.

Bts get hate on a daily basis on online communities as well as false articles (eg. Jungkook "mocking" the actress and etc) and domestic fans feel like BH is lax on hate comments. 

i feel like i see notifications from bh they're suing people all the time, way more frequently than other companies

[coval]

1 hour ago, blah.blah.blah said:

"business major" lmao. Then I'm sure you're familiar with the concept of value investing???

Yep just as I’m sure you’re aware of plain old uncertainty.

Seventeen haven’t even renewed yet, what if in 2022 they decide to leave?

Worse case scenario:

If they don’t renew that leaves Nu’est (who did renew) as the only cashcow left but they’re not bringing half  as much sales.

With them all except Aron being 95’ liners that’s gonna be no source of income for 2 years in 2024. In 4 years do you think they’ll have  recreated a group as successfully and profitable as 17? It’s risky to bet so heavily on 17 members renewing.

 

[Ynez the Splendid]

7. [+141, -7] They're barely managing their own artists, Big Hit is expanding without knowing their limits. I hope they realize who helped them get this big in the first place.

......

They do realize, lol. You just don't understand. Sorry, I'm about to go on a long tangent here.

Sometimes I think Koreans forget that the majority of them mocked and ignored BTS before they blew up. Like, that block of time no longer exists?

BTS, almost from the beginning, had a stronger international following long before kfans finally rushed in to even it out. And Koreans even admitted it. (i.e. "How can you be a top group when you're only popular outside Korea?", "You're just trendy.", "Can they truly be considered top rookies when they can't be recognized?", "Nugu?").

Their popularity was hilariously lopsided and the few early karmys in those days hated or didn't care about us (that tune changed a couple years later).

Stateside, BTS were popular rookies and if you asked any kpop fan's top 5, BTS (circa 2014-15) was usually among them. Even the boys noted with shook surprise that they were being recognized internationally when they were "nugu" in Korea.

We basically became #1 hated ifandom for "any armies here", memes and crack parody videos anywhere you went online. Despite that support, ifans have had to struggle with BH's lack of consideration for years, while they gave preferential treatment to the smaller concentration of domestic fans vs larger expanse of global fans (i.e. lack of official translations, international un-friendly Army kits, and the Cafe back in the day). While doing a lot of heavy lifting, ifans were treated as second rate citizens in the fandom and not "true" fans (as if only Koreans could be true fans).

The Korean fans complain about jfans, they complain about ifans, they complain about expansion. They can go to a music show, year end festivals, year end awards, concerts, pop-ups, etc and they will still complain. They're spoiled to the core and still complain.

......

As long as Big Hit can hire enough support and administration staff, don't neglect their original groups, be mindful of the big pictures, then I have no problem with the acquisition.

[Viki131988]

Its more mantis+kantis comments(Same comments before source acquisition ) Some people don't understand what acquisition means, others just want to drag bh

 

[HB23]

17 minutes ago, Viki131988 said:

Its more mantis+kantis comments(Same comments before source acquisition ) Some people don't understand what acquisition means, others just want to drag bh

 

yeah exactly this is comeback period, antis are out in full force so ppl need to start realising that and not confuse with these comments being of the majority opinion of knetz/fans/whatever

[Poetry]

I feel bad for laughing more than I should at one of these comments.

[blah.blah.blah]

14 hours ago, BTS Anti said:

Yep just as I’m sure you’re aware of plain old uncertainty.

Seventeen haven’t even renewed yet, what if in 2022 they decide to leave?

Worse case scenario:

If they don’t renew that leaves Nu’est (who did renew) as the only cashcow left but they’re not bringing half  as much sales.

With them all except Aron being 95’ liners that’s gonna be no source of income for 2 years in 2024. In 4 years do you think they’ll have  recreated a group as successfully and profitable as 17? It’s risky to bet so heavily on 17 members renewing.

 

The whole business of business is managing uncertainty. Which industry in the world is completely risk-free? And even if it is risky, with high risks comes high returns.

Besides, acquisitions are not necessarily about expanding the profit base. Pledis can give BH the diversification necessary to get listed, more room to grow since BTS can't grow forever, and as someone pointed out, a much more mature casting & training system that BH can learn from.

I'm sure BH would have factored your concerns in and they probably understand the situation better than us.

[hynapia]

Saying BH is not managing BTS well is a total joke

[Gerimolda]

I woder how this will affect the groups

[lighterxx]

Odd idea considering %51 of Pledis belongs CJEM o.o

[johnnyrose]

?