Justin Bieber, Ariana Grande & J Balvin to Reap Millions in HYBE Deal to Buy Ithaca Holdings

This isn’t the first time artists have received shares from HYBE. When the company went public last October on the Korean stock exchange, the seven members of BTS each got shares valued at $8 million. But sources say the equity being awarded to Ithaca’s artists is coming out of Braun’s stake. HYBE, the company behind powerhouse K-pop group BTS, said Friday (April 2) that it would pay $1.05 […]

source https://michaelantonio.biz/2021/04/02/justin-bieber-ariana-grande-j-balvin-to-reap-millions-in-hybe-deal-to-buy-ithaca-holdings/

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