“Bankruptcy” — Netizens Point Out Red Flags A Popular Company Is “Going Broke” Following Group’s Disbandment Announcement

Some feel like the signs have been there for a while.

Earlier this month, it was announced that girl group Purple Kiss would disband in November.

PURPLE_KISS_I_Miss_My..._group_concept_photo_1
Purple Kiss | RBW

The announcement shocked fans, who criticized the RBW for its treatment of the group throughout the years. Before their disbandment, Purple Kiss will have more activities, including an album and tours of Korea and the United States.

These details, and others brought up by fans of groups under the agency, have led some to believe that the company is heading towards or already in financial ruin.

According to fans, ONEUS‘s activities are one sign that the company is struggling for money. ONEUS is believed to be holding a concert in Russia sometime this year, and due to the country’s invasion of Ukraine, this has not been well-received.

The willingness to accept “blood money,” as protesters have referred to it, has given some the impression that RBW is desperate for money.

Another indicator netizens have pointed out was the attempted AI chatting program RBW attempted to launch earlier this year. The program allowed individuals to chat with idols and included an 18+ spicy mode.

As minors were included in the app, this left many uncomfortable and led to protests against it.

These decisions, and others, including Purple Kiss’s final activities, have served as proof to netizens that RBW is on a financial decline.

Scroll to top