SM Entertainment In The News

China's second-largest music streaming company more than doubled its net profit year on year

The acquisition comes amid legal problems for the founder of KakaoBank's parent company

JYP Entertainment has published its financial results for the three months ended June 30

However, the company's bottom line was dragged down by weak performances at subsidiary businesses

Numerous Kakao executives have now been indicted in relation to the telecom company's takeover of SM Entertainment last year

Company launches HYBE MUSIC GROUP APAC, reorganizes three core 'pillars' of its business, and plans to make investments in gen AI, gaming and more

The arrest jeopardizes the future plans of Kakao, one of South Korea's most prominent tech giants

The biggest stories from the past week – all in one place…