News HYBE inks music distribution deal with Tencent Music Entertainment Deal will see music from HYBE artists including Seventeen and Tomorrow x Together made available on QQ Music, Kugou and Kuwo
Analysis News HYBE’s revenues grew 44.1% YoY to $306m in Q1, driven by K-Pop stars Tomorrow x Together, Seventeen, Jimin and more HYBE’s revenues grew 44.1% YoY to 410.6 billion South Korea Won in Q1 2023, according to a new investor filing published on Tuesday (May 2)
News SM Entertainment HQ raided by financial regulator in South Korea (report) South Korea's Financial Supervisory Service is investigating suspected stock manipulation
News HYBE’s Weverse helped it generate over $50m from fan club activities last year. Now SM Entertainment artists are joining the superfan platform Platform brings together artist-related content such as music videos, teasers, movies and live streams
News Kakao launched a new virtual K-Pop group called MAVE, and the first single has already generated 20m streams on Spotify Virtual group also 172,000 subscribers on YouTube
News Kakao Entertainment plots global expansion via the US, strikes partnership with Sony’s Columbia Records Partnership includes 'global management' of rising K-Pop stars, IVE
News HYBE’s SM Entertainment takeover plan falls short, Kakao launches $960m offer for controlling stake SM Entertainment’s shareholders are not buying into HYBE’s plan to take control of its rival
News HYBE says it ‘has been considering the acquisition of SM Entertainment for a long time’ as it launches campaign to win support from SM shareholders HYBE says campaign was developed "to protect shareholder value from inappropriate actions by the current management at SM".
News HYBE warns of potential ‘legal measures’ against SM Entertainment over Kakao deal (report) Rift between K-Pop giants HYBE and SM Entertainment escalates
News HYBE says it ‘can stand shoulder-to-shoulder with the world’s major record labels’ as it secures stake in rival SM Entertainment HYBE completes deal to acquire 14.8% stake in rival SM Entertainment
Analysis News HYBE revenues soared 41.6% YoY to $1.37bn in 2022, surpassing the 1 billion dollar mark for the second straight year HYBE posts 2022 financial results
Analysis News HYBE has now spent $600m+ in one week, as it buys 14.8% stake in K-Pop rival SM Entertainment for $334m HYBE is buying a 14.8% stake in the company from SM Entertainment founder Lee Soo Man
Analysis News Over 1,000 songs with human-mimicking AI vocals have been released by Tencent Music in China. One of them has 100m streams. TME's Cussion Pang confirms firm has made a lot of progress with its Lingyin Engine
Analysis News HYBE generated revenues of $312m in Q3, up 30.6% YoY HYBE publishes investor filing for the three months to end of September