RBW Entertainment, once considered a rising force in the K-pop industry, is facing growing concern as its stock price has fallen to nearly $1 following multiple group disbandments and artist departures.
While the K-pop industry is dominated by the so-called “Big 4”: SM Entertainment, JYP Entertainment, HYBE, and YG Entertainment several mid-sized companies have also made a strong impact. RBW was one of them. Established in March 2015 through the merger of WA Entertainment and Rainbow Bridge Agency, the company gained early recognition after debuting MAMAMOO.
Over the years, RBW expanded its roster by debuting artists such as Vromance, ONEUS, and Onewe, and later grew through acquisitions. In 2021, RBW acquired WM Entertainment, bringing groups like B1A4 and Oh My Girl under its umbrella. The following year, DSP Media became a subsidiary, adding artists such as KARD and boy group Mirae.
However, the agency’s artist lineup has steadily shrunk in recent years. ONEUS most recently departed the company, while Purple Kiss, Mirae, and Vromance have disbanded. Subsidiaries have also seen notable exits, including B1A4 and soloist Lee Chaeyeon.
Although group activities for MAMAMOO and Oh My Girl continue under RBW, several members have signed with different agencies for individual activities, reflecting a shift in the company’s structure and influence.
RBW’s financial performance has mirrored these changes. After debuting on the stock market in 2021 at around ₩12,800 KRW (approximately $8.84 USD), the company’s share price fell to ₩1,890 KRW (about $1.31 USD) as of January 7, 2026.
The sharp decline has sparked discussion among fans and investors alike. A video by popular TikTok creator @DizZyPop drew widespread attention, with netizens questioning whether RBW can recover amid continued losses and restructuring.
Currently, MAMAMOO and ONF still have scheduled activities planned, but public sentiment remains mixed as uncertainty surrounds RBW’s long-term future in an increasingly competitive K-pop market.
Sources: Koreaboo