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Reply to "For all the DCUMers who think Dynamite is an accurate representation of BTS"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You have valid points but BTS’s owners just purchased Ithaca Holdings (Bieber, Lovato, Grande). It’s a big deal in the world of music that even older DCUMers cannot ignore. At this point this discussion might belong in the thread about finances as it looks like HYBE is going to go public: https://www.billboard.com/articles/news/international/9551706/bts-justin-bieber-j-balvin-celebrate-hybe-ithaca-holdings-deal https://variety.com/2021/digital/news/hybe-formerly-big-hit-entertainment-acquires-scooter-brauns-ithaca-holdings-bringing-together-bts-justin-bieber-big-machine-1234943092/ [/quote] I don't care about BTS but I'm a little nervous about what this might do to Justin's brand and more specifically that he will just walk away from making music when his best is yet to come. :x [/quote] I’m don’t think your intention was bad but this comment is bugging me. Why would Bieber walk away from a merger? He will be worth even more: “ As part of HYBE’s $1.05 billion deal to buy Ithaca Holdings, Braun is paying more than $40 million in equity to artists and staff members out of his stake. A total of 39 people will receive shares about $161 million , based on the current exchange rate, while Braun gets 462,380 shares ($86.2 million). Of his artists, the company filing states Grande and Bieber will each receive 53,557 shares, or almost $11 million apiece.” [/quote]
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