HYBE, previously known as Big Hit Entertainment, buys ... - UnitedKpop On April 2nd, HYBE revealed the subsidary Big Hit America accquired a 100% stake in Ithaca Holdings whose chairman manages major pop stars such as: Ariana Grande and Justin Bieber. Bang Si Hyuk, chairman of HYBE issued a statement, "This new partnership with Ithaca Holdings is a new challenge that no one could have imagined.