SM Entertainment

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

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".

HYBE warns of potential ‘legal measures’ against SM Entertainment over Kakao deal (report)

Rift between K-Pop giants HYBE and SM Entertainment escalates

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

SM Entertainment, the company behind K-Pop stars EXO and Aespa, generated revenues of $198m in Q4 2022, up 18.2% YoY

SM Entertainment posts Q4 financial results

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

South Korea’s Kakao buys 9.05% stake in K-Pop giant SM Entertainment worth $172.8m

Capital raised through the deal will fund new multi-label system, SM 3.0

Prime Video documentary about SM Entertainment founder Lee Soo-man in the works

Film will reportedly be produced by production company This Machine

South Korean game publisher Com2uS buys $47m worth of shares in K-Pop giant SM Entertainment (report)

Com2uS reportedly bought the shares between October 12 to October 31

K-pop giant SM Entertainment forms JV with AmazeVR to produce immersive VR concerts for the metaverse

Studio A will be based in Seoul, South Korea

aespa and SM Entertainment ink global deal with Warner Records

Apple Music recently announced aespa as its newest global 'Up Next' artist