Read on Twitter
they don’t want to tell you bluntly but BH is now Plds’ parent company. Plds is now one of BH’s subsidiaries along with Source Music. the news bout CJ E&M acquiring over 50% shares of Plds now makes sense cos prior to that, BH&CJ E&M already planned joint company.
BH will create more business joint ventures while merging with other big corporations in the future so you can only imagine how influential & big they’ll become as business firm aside from being a merely K-agency.
BH being the majority shareholder means they own over 50% of Plds stock but doesnt mean they solely own Plds. Plds can still operate independently as before but ofc when it comes to final decision re the operation&direction of Plds as a whole, BH will have a say.
if a fan’s major concern is whether SVT will lose their creative freedom, I personally think “THEY WON’T” in fact they might even get a push. As for fan contents like GoSe, Inside SVT, etc. i think they’ll still be uploaded on SVT channel, not sure bout the upcoming MVs.
