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Big Hit Entertainment officially becomes Pledis Entertainment's biggest shareholder

AKP STAFF
Posted by jennywill Sunday, May 24, 2020

Big Hit Entertainment has officially acquired Pledis Entertainment.


Despite denying reports that they had acquired Pledis Entertainment, Big Hit Labels is now the majority owner of Pledis Entertainment. This adds NU'EST and Seventeen to Big Hit Entertainment's already impressive boy group line up.

Pledis Entertainment's Han Sung Soo said, "We are happy to be together with Big Hit Entertainment, who is leading the Korean entertainment industry. It will be a step for Pledis artists and employees to step up another level. Pledis Entertainment's creative and Big Hit Entertainment's best points and we are looking forward to the future. We will give back to the fans with better content and bigger success for our artists."

Big Hit Entertainment's Bang Si Hyuk said, "We are glad more than anything to be with Han Sung Soo and Pledis Entertainment's creative industry. We will work together through music, grow together, and make a big synergy."

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  1. BTS
  2. NU'EST
  3. Seventeen
  4. TXT
144 75,900 Share 67% Upvoted
 
nina97x
nina97x13,058 pts Monday, May 25, 2020 3
Monday, May 25, 2020

This is good news for Pledis artists. They finally have the financial support to match their talent. I would love to see a collab between them & BTS.

29 (+39 / -10)
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naazy
naazy5,323 pts Monday, May 25, 2020 0
Monday, May 25, 2020

Lets do our best to support them

22 (+38 / -16)
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