Gfriend's "disbandment" is due to the agency going bankrupt??

[GetRapper]

2 hours ago, Yknocker said:

It is possible Hybe moved some of their bad debts to Source, intending to close it. Happens all the time.

 

So Sungjin (ex-owner of Source) already got paid and he would ride his way into sunset, and all trace of Source would be erased.

This is actually quite possible, I didn't think of this. Companies usually find ways to clear their liabilities and this is one of the methods.

[GetRapper]

1 minute ago, satoori said:

it's interesting people are turning the finger towards bh (hybe)...

i doubt this is the case. it doesn't add up. bh/hybe is one the most profitable entertainment companies right now in korea.

instead i can see somu throughout the years getting more into debt and now stuck. perhaps bighit thought they could bail them out but...welp..

@GetRapper @YeoChin Fairies

i wonder if somu will still be part of the upcoming girl group project o.o??

Entertainment is a business, HYBE probably realized after an earnings report that SoMu was a moneypit and decided to cut their losses. My hope is that GFRIEND is picked up by another company, maybe within HYBE itself.