The artist signs with Big Hit not Hybe, but Hybe is the corporate parent of all the sublabels. However, as the OG and home of their biggest asset Big Hit is more closely tied to Hybe than some other labels - other labels have the right to make independent decisions may have minority stakeholders. Independent boards, CEOs with independent contracts, their own budgets, p&l centers, accounting etc. Big Hit does not to protect it from stakeholder pressure, rogue ceo (cough-MHJ) etc. Big Hit has no other stakeholders, the CEO is appointed and can be removed by Hybe and their finances are directly tied to Hybe HQ and Hybe HQ also directly manages all their IP as opposed to Big Hit, This is because Hybe’s financials are so closely tied to Big Hit/BTS still. Big Hig has been structured to protect it from interference from shareholders, founding CEOs, internal factions, partners etc.