South Korea-headquartered leisure big HYBE has introduced a big management change for BIGHIT MUSIC, naming Seon Jeong Shin because the label’s new President.
BIGHIT MUSIC is HYBE’s flagship file label (HYBE was beforehand known as Massive Hit Leisure) and the label residence of Ok-Pop superstars BTS and Tomorrow x Collectively.
Seon Jeong Shin beforehand served as Common Supervisor (GM) of the label. The exec’s promotion was accredited at a shareholders’ assembly and Board of Administrators Decision right this moment (November 26).
The exec replaces Younger Jae Shin, who has served because the President of BIGHIT MUSIC since 2020.
Younger Jae Shin lately moved to the position of President of HYBE MUSIC GROUP APAC, overseeing all music label operations in Korea and Japan.
HYBE mentioned right this moment that he’s tasked with “optimiz[ing] regional operations, reallocat[ing] sources, and improve[ing] music service capabilities to raise the worldwide competitiveness of HYBE artists”.
HYBE MUSIC GROUP APAC was launched in August as a part of a brand new world construction on the firm, dubbed HYBE 2.0.
As an trade veteran with over 14 years of expertise at HYBE (previously Massive Hit Leisure), Shin is credited with taking part in an “instrumental” position within the creation and early success of BTS.
Serving because the Head of Coaching & Growth (T&D) middle most lately, she additionally performed a pivotal position in shaping and debuting different outstanding HYBE artists, resembling TOMORROW X TOGETHER, ENHYPEN, LE SSERAFIM, and &TEAM.
In line with HYBE, her “complete strategy has helped form well-rounded artists, contributing to their world success”.
Moreover, Shin performed an integral half in increasing HYBE’s coaching system into the North American market, serving to form the debut of KATSEYE, HYBE’s first world lady group in partnership with Geffen Data.
“Leveraging her in depth expertise and experience within the trade, Shin is poised to steer the continued progress of BIGHIT MUSIC.”
HYBE
In a press release issued right this moment, HYBE mentioned: “Leveraging her in depth expertise and experience within the trade, Shin is poised to steer the continued progress of BIGHIT MUSIC.
“With firsthand expertise navigating the challenges of a quickly scaling group, Shin will drive the label’s strategic initiatives, optimize its operations, and additional strengthen its world competitiveness.”
In recognition of her contributions to the trade, Shin was named to the 2022 Billboard 40 Below 40. She was moreover included in Billboard’s Ladies in Music in 2023.
Seon Jeong Shin’s promotion at HYBE marks the most recent management change on the firm.
Earlier this month, Min Hee-jin resigned as director of HYBE’s Ador label.
In July, Jiwon Park, who had served as HYBE’s CEO for the previous three years, resigned. He was changed by Jason Jaesang Lee, the corporate’s former Chief Technique Officer.
We additionally realized in July that Lenzo Yoon is leaving HYBE on the finish of 2024. The exec most lately held the title of Co-CEO of HYBE America, a job he shared with Scooter Braun till January 2023, when the latter exec turned sole CEO of HYBE America.
Bang Si-hyuk stepped down from his position as CEO of HYBE in July 2021 as part of a serious management shakeup on the firm, remaining on the Board of Administrators as Chairman.
Music Enterprise Worldwide