
Recently an article by Sports World a respected Korean media featured the news of Billboard World Albums Chart Top 3 Artist 4MINUTE‘s disbanding in their [★BEHIND] section. This article discussed the truth behind their disbandment.
The article states that iHQ was the reason behind the disbandment of 4MINUTE.
The reporter, states, “The answer to the question of why 4MINUTE disbanded lies with iHQ. In 2013, 50% CUBE Ent was bought out by iHQ at 16.5 Billion won and the final decision in all things lay with CUBE.”
The article goes on to state that with the recent failures of 4MINUTE’s album, 4MINUTE was seen by iHQ as a non-profitable group and as profit took priority over music, became an “unnecessary” group to CUBE.
Hyuna who was successful as a solo artist was able to resign but the rest were abandoned.
The members, according to this reporter, wished to resign with the company but no one could help them. CEO Hong who discovered 4MINUTE loved 4MINUTE as his own and CUBE suffered great pain through this incident. Much like Cube Entertainment's stocks which have become more volatile than ever since the disbandment news broke. They've fallen to new lows of nearly 9% even after Cube attempted to appease investors by rushing the release of BEAST's comeback news.

Many entertainment personnel stated, “If this was CUBE run by CEO Hong, a different outcome would have been reached..” Meanwhile Cube's rookie group CLC has failed to place on Gaon chart five times in a row since debut, BTOB has been a "rising" boy group since 2013 and BEAST's contracts are up in October which could leave a gaping hole in the Korean music industry for racists, body shamers and sexists.

a stressful and hostile situation that cannot be discussed at this time does not negate nearly 8 years of friendship! we trust 4minute~
Sources: koreaboo, instiz, onehallyu, bloomberg, sports world
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Date: 2016-06-17 03:29 am (UTC)no subject
Date: 2016-06-17 04:31 am (UTC)no subject
Date: 2016-06-17 05:49 pm (UTC)but i was blind for 4minute
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Date: 2016-06-17 03:40 am (UTC)i still believe they're friends. :)
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Date: 2016-06-17 04:05 pm (UTC)no subject
Date: 2016-06-17 03:39 am (UTC)): i want clc to happen in korea
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Date: 2016-06-17 04:16 am (UTC)no subject
Date: 2016-06-17 04:19 am (UTC)no subject
Date: 2016-06-17 05:49 am (UTC)no subject
Date: 2016-06-17 07:01 am (UTC)no subject
Date: 2016-06-18 02:01 am (UTC)(no subject)
From:no subject
Date: 2016-06-17 03:47 am (UTC)but thinking again, its just logical: agencies can refuse to resign with artist that are not profitables for them , that was always a real posibility .... after all their a company not a make-a-wish fundation
sad but true :/
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Date: 2016-06-17 03:51 am (UTC)i don't even like 4 minute but damn
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Date: 2016-06-18 03:13 am (UTC)no subject
Date: 2016-06-17 03:59 am (UTC)no subject
Date: 2016-06-17 04:04 am (UTC)cube's handling of it before, during and now after the fact is despicable.
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Date: 2016-06-17 04:11 am (UTC)no subject
Date: 2016-06-17 06:00 am (UTC)no subject
Date: 2016-06-17 09:29 am (UTC)Bc I kinda do not believe they would be pissed at her just bc she resigned, probably some personal thing happend, we will never know what it was etc.
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Date: 2016-06-17 04:19 am (UTC)if i was their company i would resign them because who do they have now to headline a cubeconcert? just beast. 4 minute are at least seen in a headliner status.seeing that canvass mv, how expensive would it be to keep them while they try to do solo stuff?
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Date: 2016-06-17 04:21 am (UTC)no subject
Date: 2016-06-17 05:19 pm (UTC)no subject
Date: 2016-06-17 04:28 am (UTC)"BTOB has been a "rising" boy group since 2013" What?! They debut in 2012. 4 years has gone by and they are still a "rising" boy group. They aren't rookies. They aren't looking like good replacements if Beast were to split up in October. CUBE needs to figure out the direction they want their groups to go and stick with it.
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Date: 2016-06-17 04:44 am (UTC)If Cube knew what direction they wanted to go with BTOB and CLC, then at least for BTOB, they could have gotten to where they are now a few years earlier. Majority of people don't check out the album if they don't like the title track, so their singles have to be strong if they want to bring in money.
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Date: 2016-06-17 05:02 am (UTC)People will be hating on Hyuna for renewing her contract, but at the end of the day how can she possibly give up her career like that? It's a though industry for females tbh, Idk she has gone through a lot, and lets not forget 4minute was basically made for Hyuna.
IDK where i'm going with that but it is kinda sad they ended in a bad note.
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Date: 2016-06-17 05:24 am (UTC)no subject
Date: 2016-06-17 06:25 am (UTC)and that BTOB comment really is so true. they've been "up and coming" for years now.
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Date: 2016-06-17 06:50 am (UTC)no subject
Date: 2016-06-17 06:50 am (UTC)CLC in all honesty from the get go I was highly doubtful about their success and I was right. BTOB is finally making some sort of success but still they're a bit shaky and BEAST I guess is the only solid one but what am I saying? I'll wait until October for their contracts to expire.
I'll laugh if they leave and open their own agency cause they're rock solid with each other, right?
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Date: 2016-06-17 08:22 am (UTC)ugly laughing rn
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Date: 2016-06-17 09:26 am (UTC)i'm always laughing at these remarks on omona, but for different reasons than others... i find it really naive that people think that beast is any worse than other idols. others just have much better pr staff.
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Date: 2016-06-17 04:58 pm (UTC)You're right, but I find it funny when fans use it as a semi-defense for their favs' shitty behavior.
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From:no subject
Date: 2016-06-18 02:44 am (UTC)no subject
Date: 2016-06-17 08:27 am (UTC)no subject
Date: 2016-06-17 09:29 am (UTC)no subject
Date: 2016-06-17 09:31 am (UTC)7 years of stanning and it ends like this. why does kpop always do this to me??
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Date: 2016-06-17 12:19 pm (UTC)no subject
Date: 2016-06-17 12:39 pm (UTC)4minute's been featured in CNN, TIME, SPIN magazine, Billboard, etc.
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Date: 2016-06-17 03:32 pm (UTC)no subject
Date: 2016-06-17 04:31 pm (UTC)as the article says, the "old cube" had a close relationship with their artists, considering that they had hands on picking members/creating the group. but the company who bought a big part of the agency doesn't have anything with them and will only look for numbers. I agree that 4minute had potential to make more money with their last two comebacks, but ihq probably thought it was better to focus on new teams, esp considering that kpop as a whole is going through a change of generations. keeping the other members costs money even if they're not promoting...
it's sad, but I accepted that it's an end of a whole generation and this kind of news will be more frequent with groups that I used to love.... =/
I think the girls were close to each other, but they're probably hurt by the whole situation and maybe directed the blame to hyuna. idk if they will ever have a close tight without the group daily life, but they can have a friendly relationship when all of this settles down...
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Date: 2016-06-17 05:54 pm (UTC)i'll say again, 4minute is my favorite group and i didn't know i would care so much about they disbanding but i'm still not over this
huh, crazy, volume up and hate to me were fierce on a non-male gaze way
their strong dance was so good
if hate was released by any basic boyband out there it would've been a hit
seriously, i'm so sad with this
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Date: 2016-06-18 02:46 am (UTC)no subject
Date: 2016-06-17 09:57 pm (UTC)I wasn't a 4minute stan or fan really, but I appreciated the variation they gave and were at least one of those girl groups I could recommend in an attempt to convert boy group stans to the darkside.
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Date: 2016-06-17 10:34 pm (UTC)LMAO!!
back to topic, if this is true then i'll forever hate cube. 4minute were still their second biggest cashcow after beast. this company is crazy to drop them. they really want to ruin themselves right?
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Date: 2016-06-18 03:37 am (UTC)no subject
Date: 2016-06-19 02:03 pm (UTC)no subject
Date: 2016-06-18 07:55 pm (UTC)Jiyoon could have done what Yezi had (Rap solo promotion) with the attention she gained from Unpretty Rapstar, but she got nothing.
Jihyun could have become the actress member of the group, Cube did give her some acting gigs, but now there isn't much.
I wish they pushed the Maknae a bit more, she is the one who dances at full energy at the performances when you compare to the other members. They could have given her a duet with some variety show or something.