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Digital Music News on MSNHybe to Sell Remaining SM Entertainment Stake to Tencent in $175 Million+ DealHybe has officially moved to sell its remaining SM Entertainment stake – encompassing almost 10% of the rival K-pop agency – ...
HYBE disclosed the sale of its remaining 9.38% stake in SM Entertainment to Tencent Music Entertainment, a subsidiary of ...
With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major ...
HYBE has sold its remaining 9.38% stake in rival K-pop powerhouse SM Entertainment to Tencent Music Entertainment for ...
Hybe expands into China with a new office, marking a key step in its global K-Pop strategy amidst industry challenges.
Members of girl group Aespa participate in the 95th Annual Macy's Thanksgiving Day Parade on November 25, 2021 in New York ...
China, which has never officially acknowledged the ban, has more confidence in its own entertainment now and is looking to ...
Early in 2023, a K-Pop takeover battle was raging as South Korean firms Hybe and Kakao vied to acquire majority stakes in SM Entertainment.
The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music ...
SEOUL >> China’s Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment, ...
A Tencent Holdings Ltd. subsidiary is snapping up a nearly 10% stake in SM Entertainment Co. Ltd. valued at about $180 ...
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