I don't know. But there are/was more artists and groups under contract. Dreamcatcher Company seems to have sublabels (HF Music Company, D1CE Company...)
https://en.wikipedia.org/wiki/Dreamcatcher_Company
:dubuthink:
I've often wondered why Happyface Entertainment/Dreamcatcher Company only manages Dreamcatcher. My spontanous assumption was that the group members (or members of their families) own the company. K-Pop companies are profit-orientated - Economically it doesn't make sense for such company to have...
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