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HYBE to Sell Remaining SM Entertainment Stake to Tencent

HYBE Sells Remaining Stake in SM Entertainment, Home of NCT 127 & aespa, to Tencent Music

HYBE disclosed the sale of its remaining 9.38% stake in SM Entertainment to Tencent Music Entertainment, a subsidiary of Chinese tech giant Tencent.

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Tencent Music Buys $177 Million Stake In K-Pop Giant SM Entertainment

Digital Music News on MSN · 2d

Hybe to Sell Remaining SM Entertainment Stake to Tencent in $175 Million+ Deal

Korea JoongAng Daily on MSN15h

Police seek to raid HYBE's headquarters in chairman's fraud investigation

HYBE faces legal issues as police seek a search warrant related to founder Bang Si-hyuk's alleged fraud, following prior ...

Music Business Worldwide10h

HYBE launches subsidiary in China, as K-Pop giant’s global expansion continues

Credit: Kathy Hutchins/Shutterstock HYBE's move to set up a new office in China arrives in the same year that its flagship ...

1d

Tencent becomes SM's No. 2 shareholder

K-pop powerhouse Hybe is offloading its entire stake in industry rival SM Entertainment to Tencent, positioning the Chinese ...

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