Why would BTS walk away from a multi-billion dollar company they built where they invested so many years and have sizable shares and voting rights on the board to open their own label? they have capital and authority in their current label, something that most idols don't have. Not the same situation for every idol. Mind you it is still possible that the members might still set up a company after returning from the military. It doesn't make sense to judge their moves in their current situation just because of what other idols are doing at this specific time.
BTS has a lot of power due to the strong and loyal fanbase that includes and extends through the entertainment industry. In reality the shares in the company are minimal. They have a contract they are obligated to fulfill like all other idols but the benefits negotiated may be better due to their power and popularity. Company Staff manage idol careers as brand ambassador, musician, actor and entertainers and hire security to keep idols safe. This allows them the freedom to create and develop as artists.
BTS are in an ideal situation as the company needs them more than they need the company at this point. So they have all the advantages of a company behind them, but far more authority and autonomy than most employees. Running your own business is a 24/7 thing and it’s hard to be management and the “product” at the same time. Risking your own money (apart from initial seed capital) is a precarious business. If your business plan is really sound then people will invest. If they don’t then your business plan may not be long term viable or attractive enough.
true i also think they set up some contract deals like if suga wanted to collab with someone the label don´t have a say in who it is. something like that. and i think they all have other things on their contract to make them more secure.
but if they invest their mind in business.....they don't focus on their own music. they have more liberty in HYBE than other artist. they enjoy HYBE Authority at some point.HYBE very well known about BTS worth i.e shows on JIN's arrival from military.
Chapter 2 is going to be fun to see what they boys do, because the fact that when they signed this new contract they had to go to the board for approval, that to me says they are going to have some control over things concerning them as a group or as individual's within the group, Yoongi as well as the other members are very intelligent, but especially Yoongi so they know what they are doing and yes they may have to do somethings they don't like, but that's business. Look what just happened with Jennie and her vaping controversy, whomever it was, whether her or the company let that video or pics of her vaping out into the public, we all know how other fandoms or just anti's jump on anything negative they can get to ruin someone, BTS went thru it as we all know and there was one fandom who hates us the most and that was EXO now we battle hate from within the fandom, it's only gotten worse with solo career, yes it's probably only a minority that are toxic, but still the guys see all this, I know some may like one member more than others, but that does not mean you have the right to talk bad about the others members, if you don't like one or more keep it to yourself, without all 7 we would not have BTS
@@Kookietaetan Some control? They've always had that control creative freedom etc etc. However I think the having to have something go to the Board was to do with the money side. They proberly due to their status have the best contract when it comes to money than any other group/artist within HYBE as a whole.
Bottom line is that the company’s goal is to make money. The music industry is a very competitive market and only a few artists are lucky enough to be surrounded by a supportive staff to be able to let their creativity flow. I do not think the added burden of being the CEO is for everyone.
They could. But why not? Cause they signed another contract. Why would they? Well they must have simply thought that Bighit is still the place that can support them the best. As long as the boys are happy, I'm happy Also... we are talking about hiring staff, managing taxes, money and such. BTS wants to make MUSIC
Sorry, guys, I am sidetracking the comment section. Please pay attention. BTS is about to fall below 10 million daily streams on Spotify for the FIRST time since 2019. So, please add OT7 songs to your playlist. Don't ignore this.🙁
You are a very rare( one of a few I can count on one hand) content provider that I trust 100%. I know if you make a mistake it will be genuinely that. It is a relief, frankly, to have a source of information that is reliable. So thank you.💜
Perhaps on the business side it’s true, but she only highlights jk, jm and Suga the most, she rarely highlights the others at the same level and her analysis of Layover turned me off. The words she used to describe this album comes across as a V anti, especially as she rarely mentions V’s successes.
@@CloudedLeopard8588 She's no V anti and she doesn't highlight or dunk on others. She just has some weird views all over. She's not even clout chasing. I guess it's just her views. I think if you know how to take it, it's a good addition. But I can't support these posts saying, yay, finally, I trust you 100%. PS: Please, stop liking your own posts!
@@Sherluck93 you have the right to your opinion and so do I. I said what I said after binge watching her content and that’s my view of what I saw. And not sure what you mean with your last comment about ‘liking your own posts’ if you mean me then not sure how you come to that conclusion when I haven’t done this and never do.
This was very informative. In my opinion, I feel like BTS already founded a label "Big Hit". As members of this organization they have responsibilites and as partial creators of the "inventory" they receive benefits and compensation. As adults, we are all aware that there is no situation financial or creative that is 100% perfect all the time. Also, as others have mentioned the boys re-signed to Big Hit, so currently they are satisfied and we support them in that. If the situation and their needs/wants change we will support them in whatever comes next.
They sitting comfortably knowing they’re taken care of. Having you own company isn’t easy you need make money which is coming out of your own pocket because it isn’t large enough to go public. BTS don’t have to worry about stressed
Thank you. I've said it repeatedly... If you want to destroy BTS... then put them (Even just 1 of them like RM) in charge of BigHit or their own company. They are sometimes struggling with just recording, performing, and all the other things involved with being BTS. Even if we ignore the money side of things... the time and pressure of running their own label directly would be tremendous. COULD they do it? Sure! They are all smart and industrious. But WHY would they want to? RM chaffed under leadership redponsibilities as it was. He's smart enough to run a company... but it wouldn't make him happy in his poets soul. They are already in a better situation than most, if not all, artists in the world. They control what they want to control and what is important to them. Their artistry. With their new contracts, they have that. No other label would be that free for them artistically. However, they still have in place people who pump the brakes when needed. Such as those that talked Jin down with regard to how many he could reasonably meet and hug just 1 day after being discharged. He still could have been stubborn and insisted, but they came to a reasonable compromise. BTS has been in the business long enough to know that only having "yes men/women" is a recipe for disaster. They COULD also micromanage everything... but anyone who has ever been even a manager in a small company knows that isn't a successful strategy in the long term. Hybe & BigHit aren't perfect, especially being so young as companies go... but much of what they are criticized for has to do with decisions by the artists. They got hammered by fans for JHope not having a physical CD for JIB, but that was his choice at first. Fans yelled about RM only doing the Rolling Hall venue. Again... his choice because he dreamed of performing there. We want the best for them... but we need to trust that they are in the best position to know if what is best... is also what will make them happy.
Bravo well said but we do have a lot of new and much younger people discovering BTS as group and as solo artist who really don't understand any thing about BTS relationship with their company.
Some Baby Army’s think they ate wisdom with a spoon. Solo Stan’s too - but they aren’t the smartest anyways. I wonder if it is cause they didn’t grow with bighit and Hybe like we did. They don’t see the good sides of Hybe or bighit at all. Like sure they wanna make money , that’s their ultimate goal. But what Army’s can’t say is that they don’t put Army’s interest as priority. Bighit always listened to what we fans want and gave us this. They look what army’s enjoy or what we think is funny and give back to us a lot. Them and the members plan a lot of stuff for us which makes us the most spoiled fandom ever. That’s not just the members, but every staff behind the scenes as well. We shouldn’t only see the negative stuff
There's some idols getting their own label and I find it so weird, some of these idols haven't finished high school or dropped out... Like, how are they going to manage a label of their own? I wonder how it will go for those idols... But that's not the case for BTS, since they all have master degrees and keep studying, they could have a label some day, but I think they feel just fine while being on bighit, they're given a lot of freedom when it comes to getting involved in music lyrics/production, their opinion as artists matter to the company, so they don't feel the need to leave and have their own label. They're given enough freedom, they voice their will to keep going as a group. That makes me think they'll keep working under bighit for a long time.
Yes they are intelligent and know what part of the business they want to be involved in. It's about not spreading yourself to thin. As we say in the UK 'They know which side their bread is buttered'.
I have a recollection of one member telling Jin that he was the only one who went to college. How do you know that other members have master's degree? When have they had time to pursue higher education? I'm not trying to be negative here. Just asking a serious question.
@@movalle22 The others went to an online college that most idols get their degrees from. Some of them have masters. I'm not sure if those degrees are that reliable, though. The college might be one that gives them credit for the work they already do as idols. Their majors are in entertainment or something similar. I don't think any of their majors would help in running a business.
Very well put together video. It must be spread among ARMYs, so that atleast some of the kids making so much noise on the internet saying some of BTS members should abandon their group or their company would come to their senses. They are thinking business is a game, and everything goes as you like however we want. After watching this atleast some of the fans would stop dividing the fandom. Mishaps happen as many people are involved in whole process, but doesn't mean anyone of BTS members are mistreated, and they know what is good for them, so just trust their judgement
Great analysis. BTS are smart men and since they have a say on what they release as far their music which is their main business they are in the Best position with BigHit. Perfect fit for each other.
Bora City Magazine also did a Video Essay on the very same topic and added some other points that they would also have to take into consideration. I think both Video Essays are top notch and bring it many of the different problems of artist's also being the company how ever the baby ARMY, non business people, and those not involved in the music industry have no idea about business and the quorks of the music industry so they don't really understand the topic. Big thank you for your quick points and conclusions.
I once worked at a small shop. Work pilled up and a lot was never done. It was in the middle of the city but they never went out or had a day off. They felt foreign in their own hometown. They didn't raise their son themselves and the boss tried to make his little grandchildren work or an employee's toddler. (Bringing stuff mostly but they refused understandbly) They were this foreign to the world. I'm sad for who they were and that they were not able to enjoy life. They barely made end meet and in the end - at an age where others had long retired - the shop had to close: too much debt. It cured me from any idea to want to own my own business.
*There will be people who will not agree with me but I think that BTS today still don't have the idea of opening their own company yet because they are still young and I think their priorities are making music and going around the world to do concerts.Owning a company involves not only investors but hiring people to do the day-to-day things i.e. management, finances e so on and involves being present almost always for signatures and other things that require the approval of the "boss". With Bighit they have had enough freedom to do as they want and I don't think they are stupid enough to let themselves be handled like puppets, surely all of us are rooting for a company founded by all of them and perhaps we will see it but later when they intend to appear less on screens and dedicate themselves to business.*
I'm thinking if we look at a group like the Rolling Stones, we may see a possible future for BTS. The members of BTS have all stated that they want to make music for a long time, and that they want to be together for a long time. From personal experience, when you live and work with someone 14 hours a day, seven days a week, you either love them, or don't want to see them anymore. While the Stones have done solo projects (in fact their leader insisted on it), and spent time apart, they always come back together and I believe their biggest accomplishment, and legacy, is as a group. I won't predict, but I could very much imagine BTS following a similar path. Watching them together, it seems clear they have a very deep bond, and a very deep love of music. I could see them, much like the Rolling Stones, continuing to let experts run the business while they work at their true joy, music. Maybe with new technology things will change though! The future holds so much that we can't see yet! ❤
I think they just don’t want to operate a business. Jimin with his dad and the restaurants, JK with his brother and the clothing etc. I think they just dabble which is fine. Imo
I think there is also the point where BTS criticize HYBE when they want to and support them when they want to. It shows that they and the company may not sometimes agree but they know to communicate instead of building resentment. It also shows BTS trusts HYBE not to stab them in the back. And BSH gifting all the members shares and keeping BH as the only private label under HYBE shows he and as an extension HYBE reciprocate the sentiment. BTS and HYBE have a very convenient symbiotic relationship that would be hard to cultivate again in case this goes south so I doubt either side wants to ruin it from a practical pov leaving aside any sentiments or loyalty they might feel for eo. It just makes sense for both parties to co-operate and co-exist. Since at this point, neither will go down under if they break the contract but both will suffer loss to an extent and they have been working together for more than a decade now its will be kind of hard to start anew if they break the contract.
@@theblackKatKuro This is main point. HYBE and BTS both need each other. HYBE wants to go big, and BTS has so much to achieve both as a group and soloists. For now BTS and Bighit are in good terms, so it's better to support them until the members decide something else to do in the future
@@saralaworld They also may want their own family, time with family and friends *and* off time. Bang is finally rid of the CEO position and look how much music he makes! He has written for TXT, Enhypen. Le Sserafim and Illit. He made sure that the new CEO does not only know what he does but also fits the company culture Bang wants.
I always appreciate your pragmatic approach. BTS have all studied the business aspects of the entertainment industry and I trust they understand what having their own label means. They already own a share of the compny and if they were to decide to take a more active role in the business side I'm sure it would be considered.
Even those so-called "nonprofits" need donations (money) to operate successfully. These young netezens need to understand that. It's a for-profit industry! They're in the business of making money in order to make music for the public to consume. Someone has to get paid even for a "free concert" to take place. That's called business. Folks need to take off the blinders and look at the real world. It's Very competitive and cutthroat to run your own business. Min hee-Jin is a perfect example of the lengths shady people will go to in order to minimize their risk and losses to make more money and try to do less! Those brainwashed girs and their parents better be careful or they'll end up broke like Kang Daniel.
Very informative video 👍👍👍 that is why people should stop asking (or demanding) BTS to get out of Hybe, there is so much more to running a business and so much more they're up against in the music industry (remember all the people who looked down on them coz they are from a small company?) I also believe this is reason they put up Hybe to go toe to toe against not just established ent companies at the same time something that could gain power (and capitalization) and has it's own autonomy that will not easily fall. I mean imagine if they remained as BigHit Ent and some witch (rofl) runs away with their biggest investor. BTS can focus on their creative work which is their forte and Hybe can do their post prod, admin work & get hated on.😅
Being your own boss when you are high level creatives like BTS won’t work. No high level creatives can manage the business as well. Each has very different roles and each are more than a full time job.
Thank you for this I am amazed in regard to the pitfalls involved. Perhaps many do not understand all this when they decide to start their own company! Even if you are rich enough to do it on your own you could end up losing more than you’re making. I think the best thing is to ensure you are with a good company with people who know how to handle business as well as the creative side.
I've noticed the difference in netizen's feelings about Hybe now that it's no longer considered being the underdog. Before, fans and citizens praised the company, now all people do is condemn it now that it's gotten so big and powerful. Damned if you do....no one is ever happy.
i already knew all of this not the cases you mentioned but why BTS don´t go in buisness on their own. also they never have any work in that appartment so they need to put all their trust in someone else. and at their level people will die to make money from them so it must be so hard for them to know who to trust. Just based in Rm and jimin´s lyrics we can already see how his has happened to them more than once
TY for explaining the financials of a music company. I was not aware of the costs of producing an album. The costs make it clear why artists who own companies work so hard to keep their companies afloat. The financials presented in this video were an eye-opener.
I'm not sure people have considered the most important part of BTS. Its BTS. They are aware as we should be aware: their creative output and everything about the all relies on the balance struck here. Bts wouldnt be able to continue without their legendary friendships and insulating layers between themelves and the money. For myself I would see it as a dark omen if we hear about them starting their own label. Change is good. Certain changes seem to herald doom more than others and pretty reliably. One of those is seeing how artists who create their own label seem to slide into obscurity more often than not.
I guess people don't get it at first because there are many artists that have more control over their brand like Beyoncé. But not everybody wants the burden of being a boss. Like another comment said, BTS is in a very favorable position. But since they started so young we can't help but feel protective over them. I truly hope Big Hit has BTS's best interest at heart. Personally, I'd love to see BTS winning by themselves and without help of sketchy western people.
5:34 every time a kpop fans mocks ARMYs determination to buy and stream calling us chart obsessed or streams obsessed... The only damaged are their faves. Army strong commitment= BTS freedom to pursue different paths as they did with their successful chapter 2. 💜
Big Hit mostly is BTS’s agency. They call the shots on their own careers there. They are surrounded with competent people that they trust. And they can concentrate on the parts of their careers that interest them, such as the creative input. I doubt they have any interest in profit & loss statements and balance sheets.
Some studied it but it is probably to understand what is going on with their finances and to see where stuff is going - maybe to try new stuff - who knows?
@@ruthfischer7615 yes it was very wise of them to do the degree's they did, it means they are more informed and can have really business discussions with the BigHit. They can see things from the artistic side and the business side without having all the pressure of running their own company.
BTS are already one of the artists who have the most artistic and expression liberties of the music industry but they are also caring a ton of responsibilities on their shoulders. They are the backbone of Hybe, they are the ambassadors of the Hayllu, they are responsable of 0.7 points of Korean GDP, etc They don't need to put more stress and anxiety on them by becoming CEOs 😭😭😭
It seemed like you were heading toward a calculation of the amount of $ needed in the bank at 3% interest to yield over a million dollars for a comeback. You skipped over that, but clearly only a huge endowment will yield continual cash flow in the millions. Companies as well as individuals would need financing in the form of loans or investments.
But you will be surprised to know that some of the people wanting BTS to leave Bighit and form their own label (because of mistreatment) are not even new baby Army. They are senior Army who've been in the fandom many years but are now turned solos after Chpt 2. They claim sabotage of their fav every day. But running own company is not so easy as they think. Also I can say that am very impressed by Zico, who seems to be doing well producing music, running his Co. BeLift and still able to release his own music. He is somehow able to juggle all these roles competently. Much respect to him 👏👏
I think maybe someday, somewhere very far down the road at least one of the BTS members may set up a label or focus more on producing instead of performing. Hopefully if that happens, luck will be on that guy's side.
How is it that American artists occasionally release music and seem wealthy, yet SK artists seem to be in dire straits if they have an inactive quarter?
Because idols have tons of debt before you even know they're debuting....and depending on company and success, that debt probably builds. Plus some companies rip them off. So not all come out 'millionaires' or 'rich' just because they wear branded clothing in public. 😭
Thank you again for taking the time to explain it. You are a lot better person than I am. Many fans, specially young ones, understandably do not know about things like this. What annoys me though is that they will insist on and spread ignorant narratives just because they saw some random person on the internet pushing it. I will try and be more patient, but it's honestly exhausting.
These Idols often had bad labels to begin with or at least they felt they were. I will also say that the members are likely financing their sibling/parents business at least in part for the start: Jin (quiet certainly for his brother), Namjoon (likely for his sister), Jimin (for his parents, perhaps his brother), JK (for his brother)... and that is on stuff I'm aware of and there is so much I don't know.
There's also a huge difference running a small business, like a cafe, and the kind of global scale business that BTS's activities require. And even so, I doubt members are anything other than simply investors, or advisors at most, in their families' businesses. I'd hazard a guess that none of the people clamouring for bts to set up their own label have ever studied business or worked at anything but the lowest levels of a large organisation, nor set up their own business with employees.
Muy bien explicado. Eres una persona muy preparada. Mis respetos. Ojalá más personas que se la pasan molestando e insultando a Hybe puedan entender. Para mi opinión considero que entre los muchos CEO de las compañías de entretenimiento BangPD se puede considerar inteligente y responsable. Sobre todo el y BTS se pueden considerar amigos, familia por tanto son leales y honrados entre ellos. Esa es una razón de su éxito. Muchas felicidades por ser una persona preparada y sobre todo compartir tus conocimientos. Saludos.🇲🇽
Can you react on BTS Jin at the Olympic in Paris and backed up by ARMY, impacting on world peace and social issues like mental health and self-love in our midst?
if Members of BTS invest their mind in business.....they don't focus on their own music. they have more liberty in HYBE than other artist. they enjoy HYBE Authority at some point.HYBE very well known about BTS worth i.e shows on WWH JIN's arrival from military.
This is how I know Blackpink Rose is the smartest in the group. I wish the other girls well but family run kpop companies like Jennie with her mother and Rose with her brother can be disastrous. Also the money is in producing and Blackpink members don’t produce music. I know BTS members will likely never leave Bang Sihyuk
So not sure who orchestrated this….if it was Bang PD or the BTS members…..but they all have college degrees in business ….with many still working towards or achieving masters degrees in marketing (I THINK JK did get his bachelors degree but not sure). THEN……isn’t it funny how they designed and developed their own merch to sell during the pandemic😳. They are all actively involved in the production side of their solo careers……so it appears that they have been gathering knowledge and education to eventually….if they choose….manage their own careers. For now…..as they are all building their solo careers they are clearly in charge of most of the direction with the support of Big Hit/HYBE……the company they built so why would they leave at this point. The future…….thats a different story. They are very very smart young men.
I would love to know more about how the IDOL industry works from an artist perspective, as opposed to the western music industry. In the West each artist has their own manager, agent, lawyer. Is that comparable to the IDOL industry? When organizing Suga's tour who paying for venue fees, sponsorships, rentals, etc. Is Suga doing all that or is Big Hit doing it and Suga negotiates a cut? Also I heard idols have to pay back training fees, is that accurate? I don't believe there is a western equivalent to that and I'm curious? Finally, who owns BTS's masters? Do they own their music or does Big Hit? And who owns the name BTS, can Big Hit (after the boys retire) have a new generation of BTS with different members or does the name need to change? Thanks.
The tour was organized by BH/HYBE. They offered him stadiums and he declined. I think that was in a recent Asian Entertainment and Culture vid. Since Idols are trained by the label - which includes housing and food - the label has a right to ask that back. Think of it as going to a school or university or ballett school. They still live at these dorms after debut at least till they are off-age/a few years in. It's also usually rather practical since the members almost always do stuff together in the beginning. Big Hit never asked the training cost back which is why e.g. NewJeans earned money from debut on. (I think to debut a group under HYBE it takes a few million USD. One of the Big3 labels said they need ca. 1 million USD to debut a 5 member group and that was a few years ago.) I'm told that neither do the Big3 but I'm not 100% sure. The members do get money for their song credits (the KOMCA tracks that) but i think technically everything else is owned by the label. Which does not mean that the members could not ask for the name and stuff GOT7 simply asked their old boss for their groupname. Using their BTS songs likely comes with a fee that needs negotiation if they leave. But it would likely be the decision of BH/HYBE. They have the copyright. If you think that anyone would let BTS get new members/or exchange them you are certainly crazy. These are not the background singers of Tina Turner when she was still working for her first (abusive) husband. It's also not NTC who technically had a graduation system that I don't think will happen. HYBE has business briefing on their channel. "The Rise of Bangtan"-series has also a lot of context. bby gang mag also made a few interesting video essays. So has boracity magazine (she is a little agressive but mostly right). Most other stuff was bits and pieces that I saw in different locations/vids but in some part can't quiet recall or are to toxic to interact with - especially for someone new.
@@ruthfischer7615 Thanks Ruth. I had so many questions and i appreciate your knowledge. If you happen to remember which Asian Entertainment video this was mentioned I'd appreciate it. I find her content very informative. 😃
There are Kpop Industry 'Norms' however BigHit kind of threw them out of the window. So When Bang PD gave that interview about the fact BTS have planned an album to celebrate one of their older albums he said with or without us they will still do it. This showed BTS own their name not BigHit also suggests not only do they get their royalitys via the fact they all have songs logged with the South Korean Copyright association be it lyric's, melodies and as Producers. It means they own a vast amount of their work. Many Kpop groups do not even own their own groups name so can't use it if they leave their company.
@@eileencritchley4630 Thank you Eileen for the info. I do remember that interview where Bang PD spoke about HYYH. At the time that statement gave me a lot of comfort, that even if things changed label-wise the boys were still planning as OT7.
What I'm questioning in terms of copyright is why did Taylor Swift have to buy back her Masters? I don't want the boys to ever be in that position. Perhaps since they all have songs logged with the South Korean Copyright association this happens by default in S. Korea. I just don't know enough about the different systems. I'm enjoying the discussion everyone. 😀
It already did rise when Jin got out. It going down recently is very much Min Hee Jin's fault, but all kpop companies' stocks have been going down since BTS went to the military.
Because it was considered hidden advertising. He may have admitted it was his brothers/knows that Army will find out and buy it. It was an anti and the investigation came back fast that it was a none issue. JK simply wore it. Idols have spoken about clothes (and how good they are) - getting a fee for it - without disclosing they were advertising - which is illegal.
There are BTS members who do have their own company, but because of their major company Hybe they cannot disclose this information due to the stock options and liability of what that will mean to Hybe.
They don't. They are on buisiness plans of family members as money giver most likely. That is pretty much all it is. It is likely they have invested money but that is different.
Honestly I've said many times before how I wish bts would leave that hellhole, but I knew well that it's NOT easy to establish a well-functioning company. They would've sacrifice some things when they choose to. So in the end I also wish they would NOT have to leave. As in I hope that Hybe will continue to treat them well in the future - even after they lost their spotlight. But can a money-grubbing company be that generous? Who knows. There are many bad-end examples of celebrities that set up their own companies. So I hope bts won't reach the stage where they need to leave and create their own. I dont trust BangPD or anyone. Bc they are all here purely for money. I doubt he truly cares for bts "like a son" 😂 that's the funniest crap. He cares cuz they are his cash cow. I hope bts also know this and treat every step carefully, especially about contracts. Btw thank you as usual for your insightful and logical video! 💜 Armys that wish they leave (like me lol) should watch this video.
wow.. You have no idea what you are talking about and are one of the reasons why this video essay needed to be made. It's not SM and not a hellhole at all. The industry itself can be toxic. But HYBE/BH is pretty transparent. Bang gave up his position as CEO to make music again which he did: for TXT Enhypen, Le Sserafim & Illit at least at first glance. It's fine to be sceptic but there is no proof that there is anything fundamentally wrong there.
