ADVERTISEMENT
Manila Bulletin devider Entertainment devider Music and Concerts devider Korean entertainment company HYBE reveals next CEO

Korean entertainment company HYBE reveals next CEO

Published Jul 24, 2024 12:56 pm

Leading Korean entertainment company HYBE announced on July 24 the appointment of a new chief executive officer (CEO) who will replace Park Ji-won. 

In a statement, HYBE said it will appoint current Chief Strategy Officer Jason Jaesang Lee as the company’s next CEO, following approval at a shareholders’ meeting and board of directors resolution.

HYBE1A.jpeg

Incoming HYBE CEO Jason Jaesang Lee (HYBE)Parkjiwon1A.jpg

Outgoing HYBE CEO Park Ji-won (HYBE)

It said the transition has been part of HYBE's ongoing leadership initiative since the start of 2024, positioning Lee as the central figure for the forthcoming ‘HYBE 2.0’ strategy rollout.

“Jason is an entertainment industry veteran with vast experience in strategic planning and operations across both domestic and overseas businesses. Under his new leadership, we are looking forward to advancing as a global entertainment lifestyle platform company,” said HYBE. 

Lee will replace Park who stepped down from the position. 

Since joining HYBE (formerly Big Hit Entertainment) in 2018, Lee has been instrumental in shaping business strategy and investments, holding key positions including Chief Innovation and Growth Officer, Chief Strategy Officer, Chief Operating Officer of HYBE America, and president of HYBE America. 

HYBE said with his extensive experience across the entertainment industry, Lee notably structured HYBE’s three-pillar business model—label, solution, and platform—while spearheading the company’s IPO and number of mergers and acquisitions.

Lee, an alumnus of Yonsei University in Seoul, previously worked with Monitor Group, Hyundai Motors, and Google prior to joining HYBE.

Park, who served the CEO for the past three years, decided to step down, facilitating a strategic shift aimed at fostering HYBE’s global expansion and its new growth strategy. 

During his tenure since July 2021, Park has led HYBE through unprecedented growth recording more than doubled consolidated revenue and operating profit. 

He received recognition as the first CEO in Korean entertainment history to lead the company to surpass 2 trillion won (about $1.44 billion) in revenue, laying the foundation for HYBE’s multi-label system and global expansion. 

The company said Park will continue to contribute to the company’s growth strategy, by leveraging his expertise in the intersection of entertainment and technology. 

HYBE uses a multi-label system. Agencies under it are Bighit Music, Belift Lab, Source Music, Pledis Entertainment, Koz Entertainment, Ador, Hybe Labels Japan and Naeco.  

On the other hand, HYBE America manages its affiliate labels including Big Machine Label Group and Quality Control. 

HYBE also established an integrated structure with its solution business that creates concert, video content, game, original story and retail, as well as a platform business through Weverse, a global fandom platform. Composed of its global offices based in Korea, Japan, the US, and Mexico, the company works towards bringing innovative change throughout the global music industry.

K-pop artists under HYBE include BTS, Seventeen, ENHYPEN, and Tomorrow X Together. 

Related Tags

Hybe
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.