Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM Entertainment, the iconic K-pop music agency. The tech firm announced Tuesday that it would ...

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 ...

With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major ...

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

SM Entertainment, the K-pop powerhouse behind aespa and SHINee, will join forces with Tencent Music Entertainment to launch a ...

China's Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment, according to a ...

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 ...

Members of girl group Aespa participate in the 95th Annual Macy's Thanksgiving Day Parade on November 25, 2021 in New York ...

The warrant comes a week after Seoul-based prosecutors launched a probe into Kim’s involvement in the alleged manipulation of SM Entertainment’s share price. Kakao did not respond to a request ...

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.

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