Maniac :
PLEASE READ: HYBE and Geffen have decided to end their joint venture, HxG, after severely misaligned visions for the group. Hybe wanted the DA “Wannabe” performance group version of Katseye. Geffen wanted the DA “Buttons” performance group version of Katseye. In light of this dissolution, Geffen is wanting to reassign the girls’ contracts to their label, and HYBE wants to reassign Saint Satine. However, Geffen reallyyy didn’t want Manon in the group while HYBE did. So if Geffen is going to take full control of the group, they’re going to take the group they wanted to invest in to begin with. However, contracts cost money, T&D costs money, shows, staff, outfits etc. it ALL costs money. Hybe has been holding the wallet in HxG, and is not simply going to allow Geffen to take those contracts given the money HYBE has invested in the development of the group. Basically HYBE has been funding the wedding Geffen has been planning. Hence why we have more brand collabs and ads than music… they are trying to make their money back before allowing Geffen to reassign ownership. Once they are able to recover their debts, they can then begin work on transferring ownership of ALL of their contracts, including Manon. If they choose to not reassign her, that’s it. Either she’d have to go solo, continue with the group under new conditions, move on with her career, or whatever. But we will not get an announcement until BOTH hybe and Geffen have reached a resolution. This is my opinion. Joint ventures like HxG dissolve all. the. time.
2026-09-08 19:02:54