BTS' Label Acquiring SEVENTEEN & NU'EST's Agency?
Karen Jane Ng
BTS' label Big Hit Entertainment is reportedly acquiring Pledis Entertainment which manages fellow K-Pop boybands Seventeen and NU'EST.
According to Sports DongA, the merger allows Pledis to run as an independent label under the support of Big Hit, a similar move they recently made with GFriend's label Source Music.
However, Big Hit said that "nothing has yet been decided."