Music News - Two of South Korea’s biggest entertainment companies have been in the limelight recently, and it is not for their artistes’ latest music. Hybe, K-pop phenomenon BTS’ management agency, is looking at taking a controlling stake in SM Entertainment that could potentially. Read more at www.tnp.sg
When investor Lee Chang-hwan bought a 1 per cent stake in SM Entertainment to argue for corporate reform, it triggered a public row between its founder and a nephew that could see a rival music label take over SM.
It features HYBE, the agency behind the smash-hit group BTS, and tech giant Kakao in an A-list battle that could also determine the billion-dollar industry s future.