On May 16 KST, music production company ONE HUNDRED announced that it has acquired INB100, an entertainment label founded by EXO's Baekhyun.
INB100 is home to EXO-CBX members Chen, Baekhyun, and Xiumin. It will be joining ONE HUNDRED as one of three subsidiaries owned by ONE HUNDRED, also the parent company of hip-hop label Million Market and entertainment label Big Planet Made.
ONE HUNDRED was co-founded by musician/producer MC Mong and Cha Ga Won, president of real estate conglomerate p_Arc Group.
Meanwhile, in May of last year, Big Planet Made denied allegations that it had attempted to recruit EXO members who were facing contract renewal discussions with SM Entertainment. The label insisted that MC Mong had met with "his hoobae artists for a personal gathering."
Currently, Million Market is home to one artist, MC Mong. Big Planet Made, on the other hand, is home to Lee Mu Jin, VIVIZ, BE'O, Ha Sung Woon, Ren, Huh Gak, Kasper, Kany, SHINee's Taemin, Lee Soo Geun, and Lee Seung Gi.
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So it was true all along lol
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