On Tuesday, Bang Si Hyuk (CEO of HYBE) and Lenzo Yoon (Global CEO of HYBE) were listed in BillboardŌĆÖs ŌĆ£International Power Players for 2021.ŌĆØ This is the third time that Bang was named on the list, following the years 2018 and 2019, while Yoon newly joined the list this year. Billboard wrote, ŌĆ£BangŌĆÖs South Korean entertainment company HYBE (formerly known as Big Hit Entertainment), the home of BTS, announced in March that itŌĆÖs acquiring Scooter BraunŌĆÖs Ithaca Holdings. The deal brings under common ownership K-pop groups BTS, TXT, and Seventeen, and U.S. pop stars Justin Bieber, Ariana Grande, and Demi Lovato, among others.ŌĆØ On the same day, TIME also named HYBE on its ŌĆ£TIME100 Most Influential CompaniesŌĆØ list, alongside Google, Tesla, Apple, and Samsung. This list ŌĆ£highlights businesses making an extraordinary impact around the world.ŌĆØ TIME introduced HYBE as a K-pop label that ŌĆ£was once an underdog talent agency in South KoreaŌĆÖs competitive music industry.ŌĆØ But as they wrote, the company is now in rarefied air thanks to the supergroup BTS. The magazine then wrote about their recent glowing achievements. ŌĆ£At the end of January, HYBE and its subsidiary invested over $60 million in its former rival, K-pop entertainment company YG. And in April, HYBE purchased U.S.-based media group Ithaca Holdings in a $1 billion deal, adding pop stars like Justin Bieber and Ariana Grande to its roster.ŌĆØ ┬Ā Source (1, 2, 3, 4) ┬Ā
