South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for control of one of the country’s most iconic music agencies. Kakao and its ...

But SM’s management opposed Hybe’s quasi-takeover and harnessed Kakao and its subsidiary Kakao Entertainment with a range of measures. These included a content distribution deal and the sale ...

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

South Korean billionaire and tech mogul Kim Beom-su was arrested Tuesday on allegations of manipulating the stock of a major K-pop firm SM Entertainment, in which his company Kakao gained a ...