Former ADOR CEO Min Hee Jin has reportedly made a substantial offer to HYBE worth β‚©25.5 billion KRW (approximately $18.5 million USD) as part of ongoing negotiations following her recent legal victory.

This development comes just days after the Korea Music Content Association (KMCA) publicly expressed regret over a first trial court ruling that sided with Min Hee Jin in her shareholder agreement dispute with HYBE. The court decision marked a significant turning point in the high-profile legal battle that has captivated the K-Pop industry.

While specific details of Min Hee Jin's offer remain limited, the substantial sum suggests a strategic move to potentially resolve the complex dispute that has dominated headlines since her departure from ADOR. The timing indicates that both parties may be exploring settlement options rather than prolonging the legal proceedings.

The ongoing case centers around shareholder agreements and business practices related to ADOR, the HYBE subsidiary that houses popular girl group NewJeans. Min Hee Jin's role as ADOR's former CEO and her creative influence over NewJeans has made this dispute particularly significant for both the business and creative sides of the K-Pop industry.

The β‚©25.5 billion figure represents a considerable amount in the context of K-Pop business deals, though it remains unclear what specific terms or concessions HYBE would need to meet in exchange. Industry observers are closely watching how HYBE responds to this offer, as the outcome could set important precedents for executive-label relationships in the K-Pop ecosystem.

Neither HYBE nor Min Hee Jin's representatives have provided official statements regarding the reported offer. The case continues to develop as both sides work through the complex legal and business implications of their dispute.