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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.
HYBE, Warner Music Group, Live Nation and more stocks were all up this week on the companies' Q2 2025 earnings results.
The K-pop industry has been on a roll with a string of solid results, but a thawing of China-South Korea relations could supercharge growth.
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 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's shares fell 1.47% in Friday trading hours. With other industries under pressure from tariffs, a U-turn from China on its unofficial K-pop ban could inject fresh momentum into South Korea's ...
Hybe's shares fell 1.47% in Friday trading hours. With other industries under pressure from tariffs, a U-turn from China on its unofficial K-pop ban could inject fresh momentum into South Korea's ...
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.
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 ...
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.
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