Best TOP 50 Boards
Although they failed to secure the first victory in court, the fire of restraint against Hive's CEO Min Hee-jin did not die out. After the injunction was granted, CEO Min showed a 'gesture of reconciliation' toward Hive at the second press conference, but Hive does not seem to accept it.
Currently, Hive is said to be gathering additional evidence, observing the response of Representative Min, and preparing legal action. Considering that there is evidence that Hive has not yet disclosed, it seems that Hive will take its time and take out its 'counterattack card'.
An industry insider familiar with Hive's circumstances said, "CEO Min Hee-jin is fighting a lonely battle because she has no support within Hive, and Hive is planning to steadily take legal action against CEO Min Hee-jin in the future, although it will take time," adding, "It will no longer be easy for Hive to go forward with CEO Min Hee-jin, so I think they will eventually break up."
However, it is observed that it will not be easy for CEO Min Hee-jin to continue to belong to Hive. It is reported that most of Hive's executives, including Ithaca Holdings' Scooter Braun, are in agreement with Hive. Before the court's injunction decision, Hive's Chairman Bang Si-hyuk, BTS' producer Pdogg, Pledis founder Han Sung-soo who discovered Seventeen, and Source Music CEO So Sung-jin who produced Seraphim, submitted a petition from Hive.
https://www.investchosun.com/site/data/html_dir/2024/06/18/2024061880101.html
When I reach out to make up with you, you just grab it...