There is trouble brewing for two of the most prominent companies in the K-Pop industry, despite their growth and global expansion. The post Contracts and insider-trading charges spell trouble for K-Pop firms appeared first on Music Ally. Source: Music ally

SM Entertainment has published its latest financial results. They’re the first since it fended off an attempt by rival HYBE to take control. The post SM Entertainment revenues grew 20.3% in first quarter of 2023 appeared first on Music Ally. Source: Music ally

The dust is settling from K-Pop firm Hybe’s attempt to become the largest shareholder in rival SM Entertainment. The post Hybe to sell SM Entertainment shares while Kakao plans global expansion appeared first on Music Ally. Source: Music ally

A sudden peace has broken out in the battle for control of K-Pop music company SM Entertainment, as Hybe abandoned its efforts to buy 40%. The post Hybe abandons its efforts to buy a 40% stake in SM Entertainment appeared first on Music Ally. Source: Music ally

Things are moving fast in South Korean tech company Kakao’s efforts to buy a stake in K-Pop firm SM Entertainment. The post Kakao wants to buy a bigger stake in K-Pop firm SM Entertainment appeared first on Music Ally. Source: Music ally

We wrote about tech firm Kakao buying a stake in Korean music company SM Entertainment earlier this week, but now it’s been joined by Hybe. The post Now Hybe moves to take a stake in K-Pop firm SM Entertainment appeared first on Music Ally. Source: Music ally

Fresh from selling a 4.2% stake to mobile games firm Com2uS in November, South Korean music company SM Entertainment now has another investor. The post More K-Pop consolidation as Kakao buys into SM Entertainment appeared first on Music Ally. Source: Music ally

K-Pop giant Hybe has published its financial results for the third quarter of 2022. The post Hybe revenues grow and Com2uS buys stake in SM Entertainment appeared first on Music Ally. Source: Music ally

K-Pop firm SM Entertainment has unveiled its latest group, and Aespa promises to be a fascinating project. The group will include both human and virtual (avatar) singers, who’ve been introduced to fans one by one to build anticipation. Yesterday saw a teaser interview posted with human member Karina and her virtual version ‘æ-Karina’. SM Entertainment’s founder […]

Korean music company SM Entertainment has announced a partnership with Marvel Entertainment, with K-Pop group SuperM first to benefit – just in time for the release last Friday of their debut album ‘Super One’. There’s a range of dual-branded merchandise available from the SuperM online store: t-shirts, hats, luggage stickers, and special packages with the album and various […]

Well, it’s actually SM Entertainment, Capitol Records AND Caroline who are working together on a new K-Pop supergroup. It’s called SuperM, and will feature members drawn from existing Korean bands SHINee, EXO and NCT 127, as well as Chinese band WayV. And, following the recent Stateside success of BTS and Blackpink, SuperM is very much aimed […]