Can K-Pop Stars Have Personal Lives? Their Labels Aren’t So Sure

“Scandals involving drinking, drugs, or even dating not only make waves in the entertainment news section but also the finance news section because many of the biggest Korean music management companies are also publicly traded stocks on the Korean stock exchange. Sensational headlines can take a serious hit on the bottom line.”
This was the case for Cube, which saw its stock drop several points on the back of the news that made headlines both in South Korea and around the world.
“When we manage artists, we consider mutual trust and faith our top priority,” Cube said in a statement published by Korean media. “We decided the trust is broken beyond repair, so we are expelling the two from our company.”
Cube did not respond to multiple requests for comment.
While Hyuna and E’Dawn did suffer for coming forward about their relationship, they also saw a wave of support from a section of their fan base, which experts said is evidence of a gradual shift in attitudes, driven in part by a series of revelations about the tight controls and grueling work schedules K-Pop stars are subjected to.
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K-pop singer takes on Trump-Kim summit

K-pop singer takes on Trump-Kim summit

K-pop singer takes on Trump-Kim summit

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    K-pop singer takes on Trump-Kim summit

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