Popular Company’s Stock Drops To Nearly $1 As Groups Disband And Disappear
While everyone knows the “Big 4” companies — SM Entertainment, JYP Entertainment, HYBE, and YG Entertainment — this does not mean that no other companies have made a name for themselves in the industry. For example, Starship Entertainment has debuted groups like MONSTA X and IVE, among many others.
One such company was RBW, established in March 2015 when WA Entertainment merged with Rainbow Bridge Agency. WA Entertainment debuted girl group MAMAMOO the year before, and following the merger, several solo artists signed with the new agency.
RBW then debuted Vromance in 2016, adding other artists, including Onewe (then known as M.A.S) and ONEUS, later on.
In 2021, the agency acquired shares of WM Entertainment, which subsequently made the company a subsidiary of RBW and added groups such as B1A4 and Oh My Girl to its roster of artists. DSP Media became a subsidiary in a similar way the following year, adding Kard and boy group Mirae as well.
However, in recent years, the number of groups under the agency has dwindled.
Oneus was the most recent group to leave the agency, while Purple Kiss, Mirae, and Vromance have disbanded. The subsidiaries have also lost idols, including B1A4 and Lee Chaeyeon.
The group activities of Oh My Girl and MAMAMOO have remained under the agency, although individual idols have left to join other agencies.
From their initial opening price at around ₩12,800 KRW (about $8.84 USD) in 2021, RBW’s stocks have fallen to ₩1,890 KRW (about $1.31 USD) as of January 7, 2026.
On a video from a popular TikTok user, @DizZyPop, netizens discussed RBW’s current status.
@dizzzys is this the end for RBW? #kpop #kpopnews #rbwentertainment #mamamoo #kpopcompany
Currently, MAMAMOO and ONF have schedules planned, though there are mixed feelings surrounding those.
