HYBE plans on closing VLIVE I’m first quarter of 2022

HYBE acquired VLIVE Jan 2021, they will disintegrate VLIVE to create WeVerse + beNX platform

“As a result, the majority of artists and fans who are not affiliated with HYBE LABELS have simply been thrown into the air”

#GOT7 Image
*in first quarter of 2022
HYBE and Naver jointly made the decision after HYBE acquired 49% of beNX

Artists who are not affiliated with WeVerse through HYBE will likely create/use other available platforms (hopefully)

Artists associated w/ HYBE will continue to use WeVerse w/ added live video function
I can’t confirm yet whether the old vlive content will also be ported to the new app/WeVerse upgrade or not

I can speculate they would require the artists and their companies to buy membership of WeVerse to host the content. However, no confirmation yet.
In response, other big companies like SM, JYP have already talked about their own hosting platforms

SM will launch SMCU app/site (SM Original/HOME) to host all content under SME
JYP are looking into launching JYPE 360 to replace vlive

However, small artists/comp. will suffer ImageImage

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