CEO Cheol-hyuk Jang said SM aims to create “a comprehensive idol success model” in partnership with Tencent Music.

SEOUL, May 27 (Yonhap) -- K-pop powerhouse Hybe said Tuesday it will sell its entire stake in rival SM Entertainment to China's Tencent for 200 billion won (US$145.5 million). In a regulatory ...

Closer to 2025’s beginning, reports pointed to “extended” licensing negotiations between Chinese streaming service NetEase Cloud Music and K-pop giant SM Entertainment. Now, these evidently fruitless ...

NetEase Cloud Music’s lawsuit against SM Entertainment, one of South Korea’s biggest K-pop companies, became a trending topic ...

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.

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

In January, NetEase Cloud Music secured a temporary deal to keep SM’s catalog available beyond the January 31 contract ...

Hybe, the group behind K-pop superstars BTS, said Tuesday that it will sell its remaining stake in competitor SM Entertainment to Tencent's music unit. Hybe has a nearly 10% stake in SM Entertainment.

Once completed, Tencent Music will become SM Entertainment’s second-largest shareholder after Kakao, replacing HYBE, which previously held a 9.66 percent stake.

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 ...

SEOUL (Reuters) -China's Tencent Music is expected to become the second-largest shareholder of major K-pop agency SM Entertainment, according to a South Korean filing on Tuesday. South Korea's ...