Hybe has officially moved to sell its remaining SM Entertainment stake – encompassing almost 10% of the rival K-pop agency – to Tencent for north of $175 million. The Big Hit parent disclosed ...

(LEAD) Hybe-SM stake SEOUL, May 27 (Yonhap) -- K-pop powerhouse Hybe said Tuesday it will sell its entire stake in rival SM Entertainment to Tencent Music Entertainment Group, a subsidiary of ...

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

HYBE has sold its remaining 9.38% stake in rival SM Entertainment to Tencent Music Entertainment for approximately $177 million, the company revealed in regulatory filing. The SM agency is home to ...

HYBE, Warner Music Group, Live Nation and more stocks were all up this week on the companies' Q2 2025 earnings results.

HYBE Corporation has sold its entire 9.66% stake in SM Entertainment, worth 243 billion KRW (around USD 178 million), to Tencent Music. This major move is reshaping the K-pop landscape and ...

South Korea's Hybe said in a regulatory filing that it plans to sell its 2.2 million shares in SM Entertainment to Tencent Music Entertainment for 243 billion won ($177 million) on May 30.

SEOUL, May 23 (Reuters) - South Korean entertainment company HYBE, home to K-pop superstars BTS, said on Tuesday it has signed a music distribution deal with China's Tencent Music.

Tencent will replace Hybe as SM’s second-largest shareholder with a 9.66 percent stake. Korean IT giant Kakao remains the largest shareholder, with 41.5 percent through itself and its content ...

HYBE has sold its remaining 9.38% stake in rival SM Entertainment to Tencent Music Entertainment for approximately $177 million, the company revealed in regulatory filing. The SM agency is home to ...

South Korea’s Hybe said in a regulatory filing that it plans to sell its 2.2 million shares in SM Entertainment to Tencent Music Entertainment for 243 billion won ($177 million) on May 30.

South Korean entertainment company Hybe, home to K-pop superstars BTS, has signed a music distribution deal with China’s Tencent, the Seoul Economic Daily newspaper reported on Tuesday citing a ...