Source Music is home to successful girl group GFriend
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29 Jul 2019 - 12:09 PM  UPDATED 29 Jul 2019 - 12:20 PM

Big Hit Entertainment has acquired K-pop entertainment company Source Music, home to girl group GFriend.

Big Hit and Source Music have a long history together, having previously worked together in promoting girl group GLAM who debuted in 2012.

Big Hit Entertainment officially announced the merger today, stating that Source Music will become a part of Big Hit Entertainment, operating as a subsidiary with its current management. Bang Shi Hyuk commented: "Because the two companies know each other very well, I expect this acquisition will be successful. I'm delighted that both sides will now be able to paint an even bigger picture".

Big Hit Entertainment is yet to debut a girl group, and this merger has now sparked rumours that the company may be looking into changing that, as they acquire a company that has both a successful girl group and many female trainees.

(Source)


 

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