Fanomenon company launches with W4b, board seats for Hybe, SM, JYP, YG

The joint venture formed by Hybe, SM, JYP and YG Entertainment to run Fanomenon, the government-backed K-pop festival slated for December 2027, was officially registered on Oct. 26, according to its corporate registry. Fanomenon Co. was launched with 4 billion won ($3 million) in paid-in capital, consisting of 800,0…

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