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

Spotify's stock price hit a new high this week, crossing $700 a share on steady subscriber growth and improved margins.

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

Music earnings season Q1 2025 highlights include UMG's streaming growth, Tencent Music's subscription business and more.

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

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

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

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 ...

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 ...