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HYBE to sell $435m stake in SM Entertainment - Music Business Worldwide

Music giant to sell 15.8% ....

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It's official: K-pop agency HYBE now the single largest shareholder in SM Entertainment – Manila Bulletin

HYBE, the parent company of K-pop acts BTS, Seventeen, TXT, ENHYPEN and NewJeans, is now officially the single largest shareholder in SM Entertainment, the agency that manages artists like EXO, NCT, Aespa, Red Velvet, Girls’ Generation, Super Junior and TVXQ.

(Clockwise from top) BTS, EXO, NCT 1 ....

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SM Entertainment smooths way for selling founder's stake

SM Entertainment smooths way for selling founder's stake
kedglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kedglobal.com Daily Mail and Mail on Sunday newspapers.

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CJ joins race for over $200 mn stake in SM Entertainment

CJ joins race for over $200 mn stake in SM Entertainment
Kakao, touted as the strongest candidate, proposes over a 70% premium for SM Entertainment
22 HOURS AGO
SM Entertainment founder and Chief Producer Lee Soo-man (left) and SM s latest group, Aespa
South Korea s entertainment- and food-focused CJ Group has emerged as a darkhorse to buy a controlling stake worth about 300 billion won ($260 million) in SM Entertainment Co., the label behind K-pop groups such as Red Velvet, NCT and EXO.
Jumping into the race for an 18.75% stake in the entertainment powerhouse, CJ Group Vice Chairman Miky Lee, who reportedly lives in the US Virgin Islands, recently took an abrupt trip to Seoul and met with SM founder and Chief Producer Lee Soo-man, The Korea Economic Daily TV reported on Aug. 3. ....

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