[KN] HYBE x Source Music’s new girl group will have 2 or 3 members IZ*ONE including Kim Chae Won, HYBE’s performance director follows Sakura and Kim Chaewon on Instagram

[hee_woo]

13 minutes ago, satoori said:

Chaewon will fit in well.

 

OT: I do wonder what's happening at Woollin tho...

I feel like Woollim didn't know what to do with Chaewon since they just can't debut her in a new gg and adding her to Rocket Punch would have been a risky move (taking into consideration all other post-PD groups). Now I wonder if they might have possibly reached some kind of agreement with HYBE where they could share some of Chaewon's profit (similar to the agreement they made with CJ as an IZ*ONE member). That would explain why Woollim released Chaewon's profile pics recently, cause she would technically still be under Woollim. I still think debuting Chaewon and Eunbi as a duo would have been the best outcome. But who knows.

Edited August 17, 2021 by no_one

[hee_woo]

4 minutes ago, satoori said:

This type of deal would benefit Woollim the most. Hybe do majority of the work while Woollim profit off them.

Conspiracy theory - Hybe plans to aquire Woollim in the near future o.o This is just the start of the two companies building a good business relationship.

And HYBE will profit off IZ*ONE's fandom (especially the Japanese fandom).

[hee_woo]

3 minutes ago, satoori said:

I agree. But the point is why is Woollim needed then?

 

what do you mean? 

[hee_woo]

5 hours ago, satoori said:

Hybe could just buy out Chaewon fully? Instead of sharing.

 

but what if Woollim doesn't want to fully sell her contract?

[hee_woo]

28 minutes ago, satoori said:

Then that brings me back to my original point, the deal will benefit Woollim the most right now.

not if Hybe takes most of Chaewon's profit.

Why Woollim would do that? Because maybe they think they will earn more this way instead of fully selling Chaewon's contract. Let's say Woollim sells Chaewon's contract for 1 million (just an example), but Chaewon makes more that that in the next 5-7 years.

This kind of negotiations is pure speculation at the end of the day, just like when you buy a share from a company.

[hee_woo]

10 minutes ago, satoori said:

Even if Hybe takes most of the profit, Woollim is still making money for basically free. 

I agree it's all sepcualtion. 

well that's what happens when you sign up an artist under your company and the artist becomes popular, you basically win the lottery ticket. Woollim owns Chaewon's contract and they can decide to do what it's best for them.

Edited August 17, 2021 by no_one