There is exciting trending news that have recently come out from news outlet Sports DongA.
On January 13, Korean news outlet Sports DongA exclusively reported that Big Hit was in the process of acquiring Pledis Entertainment similarly to what it has done with Source Music (home to GFRIEND) last year.
According to DongA, Pledis will continue to operate as an independent label similarly to Source Music. However, it will be under the Big Hit umbrella. The report also suggests that the staff of Pledis will be moving to the new Big Hit building in May of 2020.
In response to those reports, Big Hit issued a short statement,
“Nothing has been decided yet.”
Since its not a flat out denial, fans are awaiting Big Hit official detailed response later on. If Big Hit acquires Pledis, it’ll become home to two million sellers under the same roof, Big Hit will become the same in size similarly to SM and JYP, it will further establish its presence as one of the biggest Korean entertainment labels.
Stay tuned for future updates.
What do you think of this? Do you think it’s a good idea?