Por: WPLG Local 10 Entertainment February 22, 2023
SEOUL – Hybe, the South Korean entertainment company behind K-pop sensation BTS, said Wednesday that it has completed its acquisition of a 14.8% stake in rival SM Entertainment, making it SM’s largest single shareholder.The acquisition was finalized even as SM Entertainment accused Hybe staging a hostile takeover to control the firm by purchasing shares from Lee Soo-man, SM’s founder. Lee's influence in the firm has waned after an... + full article
ABC News USA Business March 07, 2023
HONG KONG -- South Korean technology firm Kakao launched a tender offer to buy up to 35% of K-pop agency SM Entertainment and become its largest shareholder, escalating Tuesday a battle with entertainment firm Hybe for control of the company.Kakao offered a tender price of... + más
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ABC News USA Entertainment March 07, 2023
WPLG Local 10 USA Politics March 07, 2023
HONG KONG – South Korean technology firm Kakao launched a tender offer to buy up to 35% of K-pop agency SM Entertainment and become its largest shareholder, escalating Tuesday a battle with entertainment firm Hybe for control of the company.Kakao offered a tender price of... + más
ABC News USA Entertainment February 22, 2023
SEOUL, South Korea -- Hybe, the South Korean entertainment company behind K-pop sensation BTS, said Wednesday that it has completed its acquisition of a 14.8% stake in rival SM Entertainment, making it SM’s largest single shareholder.The acquisition was finalized even as SM... + más
Korea's Hybe completes purchase of 14.8% stake in rival SM | ABC News
Korea's Hybe completes purchase of 14.8% stake in rival SM | Associated Press
Associated Press USA Entertainment February 22, 2023
SEOUL, South Korea (AP) — Hybe, the South Korean entertainment company behind K-pop sensation BTS, said Wednesday that it has completed its acquisition of a 14.8% stake in rival SM Entertainment, making it SM’s largest single shareholder.The acquisition was finalized even as... + más
Los Angeles Times USA Entertainment February 22, 2023
A war between two of South Korea's biggest music companies, playing out over corporate filings, lawsuits and YouTube videos, could determine control of the enormous global K-pop market. The battle between HYBE, home to global superstars BTS, and the South Korean agency SM... + más
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