News

With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major ...
China's Tencent Music , is expected to become the second-largest shareholder of major K-pop agency SM Entertainment , ...
A 10% share valued at about US$180 million marks a rare Chinese investment in a South Korean firm in recent years.
K-pop agency HYBE will sell its entire 9.38 per cent stake in SM Entertainment to China’s Tencent for 200 billion won (RM618 ...
Tencent has acquired a 9.7% stake in one of South Korea's largest entertainment companies, SM Entertainment from Hybe.
K-pop powerhouse Hybe is offloading its entire stake in industry rival SM Entertainment to Tencent, positioning the Chinese ...
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.
SM Entertainment, the K-pop powerhouse behind aespa and SHINee, will join forces with Tencent Music Entertainment to launch a ...
The 9.7% stake will position Tencent Music as the second-largest shareholder in SM Entertainment, following the 42% controlling stake held by Kakao Corp and its affiliate Kakao Entertainment ...
Tencent Music, a subsidiary of Chinese tech giant Tencent Holdings, is set to acquire a 9.38 percent stake in SM from rival K ...
The deal marks the latest K-Pop partnership for NetEase Cloud Music, following the company’s deal with Starship Entertainment ...