Big Hit's acquisition: What do you need to know about the relationship of the 'sibling' companies - Big Hit and Source Music
Big Hit Entertainment has just announced over a press release today (31 Jul) that the company has acquired Source Music as part of a subsidiary under Big Hit. This news is no surprise to the fans of BTS and GFriend as both companies have strong ties since the formation of the boyband , 8eight in 2007 and GLAM under the management of Big Hit and Source Music in 2012. Unfortunately, GLAM disbanded due to several reasons, including a member's scandal with all the members ending their contracts on January 15, 2015. It was on that same day that GFriend debuted with their first EP "Season of Glass". That said, other than the agency collaboration of creating GLAM, the relationship between Big Hit and Source Music has always been a mystery to many as zero to no interactions are made between the artists of the companies. Below are some interesting facts about Big Hit-Source Music which will be important to know, especially with the recent close managements of both agencies. ...