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 ...

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

HYBE has sold its remaining 9.38% stake in rival K-pop powerhouse SM Entertainment to Tencent Music Entertainment for ...

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

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

Tencent has acquired a 9.7% stake in one of South Korea's largest entertainment companies, SM Entertainment from Hybe.

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.

South Korean and Chinese stocks led music stocks to a 0.2% gain for the week ended May 23, 2025, the seventh consecutive ...

A roundup of notable entertainment news includes Trump's plans to pardon reality TV stars Todd and Julie Chrisley, the ...

President Trump plans to pardon reality TV stars Todd and Julie Chrisley; Sean 'Diddy' Combs faces serious allegations during ...

A Tencent Holdings Ltd. subsidiary is snapping up a nearly 10% stake in SM Entertainment Co. Ltd. valued at about $180 ...