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News
Posted by Janie-Reign Sunday, August 8, 2021

No, HYBE isn't closing VLIVE

AKP STAFF

HYBE Labels has no plans to close down 'V Live.'

Contrary to the misinformation currently spreading online, HYBE has no plans to close down the popular Naver application. Earlier this month, a piece of false information began circulating on Twitter, spreading misleading information based on a screenshot from Namuwiki, a public wiki where anyone can edit.

According to the excerpt on Namuwiki, HYBE would "disintegrate VLIVE to create WeVerse + beNX platform through an acquisition from January 2021," and that as a result, the majority of artists and fans who are not affiliated with HYBE LABELS have simply been thrown into the air."

However, an insider with further knowledge of the situation responded to allkpop that Naver does not plan on closing down the app. However, the insider mentioned that artists could be leaving 'V Live' as more companies launch their own video platforms. Hence, there is a possibility that new platforms may naturally drive artists away from 'V Live,' but neither HYBE nor Naver has the intention to shut down the artists' channels.

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HSK
HSK4,667 pts Sunday, August 8, 2021 2
Sunday, August 8, 2021

And that's why you should always take information that some random person posted on twitter with a pinch of salt 🤷‍♀️

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Lunelvr
Lunelvr1,756 pts Sunday, August 8, 2021 1
Sunday, August 8, 2021

I remember how a person in twt made a fuss about this and other fandoms attacked hybe groups...

Society come to the point that they will believe everything you say as long as they benefit from it too

Other than that Hybe isn’t dumb..they damn well know that all fandoms will throw them under bus if they do anything to the only place they can communicate with their idols freely

Vlive as a whole holds a lot of memories for many fandoms..especially disbanded groups so who will replace all those memories? Hybe might not think emotionally and just business wisely but they still care about the fact that no one will look at their way if they mess this up

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