On May 16, KST, ONE HUNDRED announced their acquisition of INB100, an entertainment label originally founded by Baekhyun from EXO.
INB100 is recognized for housing talented artists such as Chen, Baekhyun, and Xiumin from EXO-CBX. With this acquisition, INB100 will become one of the three subsidiaries under ONE HUNDRED, joining Million Market, a hip-hop label, and Big Planet Made, an entertainment label.
ONE HUNDRED was co-founded by musician/producer MC Mong and Cha Ga Won, president of the real estate conglomerate p_Arc Group.
Meanwhile, in May of the previous year, Big Planet Made refuted allegations claiming that it had sought to recruit EXO members amid their contract renewal discussions with SM Entertainment. The label clarified that MC Mong had merely convened with "his junior artists for a personal gathering."
Korean netizens reacted to this news in a popular online community and commented:
"What is this?"
"I wonder how much MC Mong said he would give them."
"Hul..."
"They made the fans who were shielding them into clowns."
"He made such a dumb decision."
"I knew this would happen."
"He was denying the allegation that he was trying to pouch the EXO members."
"Of course."
"This is whack."
"Thought MC Mong's investment wasn't true..."
"SM... SM..."
"I guess what SM said was true, now that all the articles are being released now."
"This is comical."
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*After rereading some of the old article, MC Mong was a part of BPM but later depart the agency as per his law firm statement. He was threatened and had dispute with "Ahn" (an acquaintance, related to be'o issue?) who later released the 2 year old recording of him talking to CBX. Which is where the allegations of poaching came from but he was not even part of the company anymore during the controversy. SM also later released a statement that the poaching dispute was a misunderstanding.