On, K-pop sensation NewJeans held an emergency press conference to announce their decision to terminate their contracts with HYBE subsidiary ADOR. The shocking announcement has sent ripples… The post NewJeans Exits HYBE’s ADOR: Here’s What Fans Need to Know appeared first on Where Is The Buzz | Breaking News,

The sudden exit of K-pop group NewJeans from ADOR has caused HYBE's market value to drop by over $423 million, according to CNBC.

NewJeans terminated its contract with ADOR on November 28, Soon after, its parent company HYBE started facing the heat. As per Korean media, the shares of HYBE plummeted drastically leaving it losing nearly half a billon dollars in the market,