HYBE stock was up this week amid talk of a BTS reunion, while Chinese streamers Cloud Music and Tencent Music added to their ...

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 ...

Tencent Music becomes the second-largest shareholder in SME, after Kakao. By Marc Schneider Industry News Editor HYBE has disclosed the sale of its remaining 9.38% stake in rival SM Entertainment ...

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 ...

Chinese tech giant Tencent denied reports Thursday that it was considering acquiring stakes in Korean firms Nexon and Kakao ...

Tencent Music has partnered with K-pop companies such as Hybe and Cube Entertainment by distributing their digital music. A separate subsidiary under Tencent holds stakes in major K-pop labels, ...

In a significant reshuffling of K-pop industry stakes, HYBE has officially ended its two-year-long investment in SM Entertainment by selling its remaining shares to Tencent Music Entertainment ...

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.

With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major K-pop acts such as Aespa and NCT. Tencent Music Entertainment Group ...

SEOUL >> China’s Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment, according to a South Korean filing on Tuesday.