In a move that has sent ripples through the Korean entertainment industry, C-JeS Studios, the agency representing popular actor Ryu Jun Yeol, has finalized the acquisition of Creative Group ING, home to the beloved actress and singer Hyeri.

This strategic merger, valued at ₩1.30 billion KRW (approximately $963,000 USD), marks a significant development in the careers of both artists.

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Reactions and Speculations

While the news of the acquisition initially sparked curiosity and concern among fans, netizens quickly pointed out that both agencies had shared common ownership in the past, framing the move as more of a merger than a hostile takeover.

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Reacting to the news, fans emphasized the long-standing ties between the two agencies and speculated on the potential implications for Hyeri and Ryu Jun Yeol's careers.

"I was going to freak out, but the report explains that (Hyeri's) company had been like a subsidiary and that they are now simply merging," one netizen commented, echoing the sentiments of many others who found reassurance in the merger's context.

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Another netizen highlighted the evolution of C-JeS Studios, noting, "Wow, C-JeS has gotten much bigger. In the beginning, the agency only had JYJ, but now they have a lot of actors."

READ MORE: Girl's Day Hyeri Fans Slam Han So Hee's Agency For Attacking The Idol in 'Desperate' Bid for Publicity

Industry Observations

The merger comes amidst a backdrop of controversy surrounding Hyeri and Ryu Jun Yeol, who have recently been embroiled in a highly publicized scandal.

As speculation swirls regarding the impact of the merger on both artists' careers, industry observers are keenly observing how this strategic move will shape the future landscape of Korean entertainment.

Looking Ahead

With C-JeS Studios expanding its roster of talents and Hyeri poised for new opportunities under a larger agency, the merger signifies a significant chapter in the careers of these two beloved stars, leaving fans eager to witness the next stage of their artistic journeys unfold.

Unbothered Response: Hyeri's Dance Collaboration Amidst Controversy

In another article, Hyeri's recent dance collaboration with Girls' Generation's Taeyeon, coincidentally posted after Han So Hee's Instagram letter, garnered attention as fans interpreted it as a humorous response to the actress.

The choice of Taeyeon's song "To.X," about breaking free from a toxic relationship, for the dance challenge added to the amusement, although some fans dismissed it as merely coincidental timing.

READ HERE: Girl's Day Hyeri's Hilarious Indirect Response Following Han So Hee's Letter

KpopStarz owns this article.

Written by Cassidy Jones