It was re-branded and re-structured into an independent label under Hybe Corporation (formerly Big Hit Entertainment Co., Ltd.) in March 2021.
[6] In 2012, the company signed Lim Jeong-hee,[7] and formed the girl group GLAM as a collaboration with Source Music.
[8] The group was active until 2014 when it was disbanded due to a controversy involving one of its members, Kim Da-hee—Kim was sentenced to prison after being found guilty of blackmailing actor Lee Byung-hun.
[14] As a consequence of this partnership, Big Hit reached an agreement in October for BTS to move its distribution in the U.S. and several other countries from Sony Music's Columbia Records and The Orchard to Universal.
[15][16][17] On March 19, 2021, Big Hit Entertainment announced that it had been renamed Hybe Corporation to emphasize its wider array of business units and ventures.