News HYBE Confirms It Is Considering The Acquisition Of A Stake In SM Entertainment (1 Viewer)

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“We are continuously reviewing matters related to purchasing SM Entertainment shares…”

On February 9, in response to market inquiries, HYBE confirmed it is currently looking into the purchasing shares of the company.

We are continuously reviewing matters related to purchasing SM Entertainment shares through the open market as well as acquiring shares. At this time, there are no confirmed matters.

— HYBE

The label then stated that it would “Release another announcement after reviewing the matters related to (the purchase) in detail, or within a month.”

The news is a blow to Kakao, which has been working with the company’s management executives and recently purchased a large share in the company, although Lee Soo Man is disputing the legitimacy of the sale of shares.

Source: https://www.koreaboo.com/news/hybe-confirms-considering-acquisition-stake-in-sm-entertainment/
 
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I hate it I dont want hybe messing with their current artists, but i guess hybe is better than kakao :pepecry2:
i think it's worse ngl
this just sounds like lsm is letting his ego take control of his decisions and that he's been backed into a corner so he's now willing to sell to anyone so that his personal production revenue funneling company can stay along with his status within sm
kakao might screw things up but at least it means that sm probably negotiated some other ip deals on top of the seoul arena promise
all in all, aespa probably will get the brunt of any changes; they compete too much with hybe's ggs if they were to get rid of the lsm kwangyaverse influence and will probably continue getting these cb delays, but if lsm doesn't maintain his sway then no one really wants to continue his vanity project
 
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i think it's worse ngl
this just sounds like lsm is letting his ego take control of his decisions and that he's been backed into a corner so he's now willing to sell to anyone so that his personal production revenue funneling company can stay along with his status within sm
kakao might screw things up but at least it means that sm probably negotiated some other ip deals on top of the seoul arena promise
all in all, aespa probably will get the brunt of any changes; they compete too much with hybe's ggs if they were to get rid of the lsm kwangyaverse influence and will probably continue getting these cb delays, but if lsm doesn't maintain his sway then no one really wants to continue his vanity project
I agree with what youve said. SM is in a really iffy situation and i hope whatever happens doesnt hurt the artists of sm but i feel like theyve gotten themself in a situation where there will be some harm done whatever they choose. I also dont like hybe and their way to buy the competition so this really pains me.
 
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“We are continuously reviewing matters related to purchasing SM Entertainment shares…”

On February 9, in response to market inquiries, HYBE confirmed it is currently looking into the purchasing shares of the company.

We are continuously reviewing matters related to purchasing SM Entertainment shares through the open market as well as acquiring shares. At this time, there are no confirmed matters.

— HYBE

The label then stated that it would “Release another announcement after reviewing the matters related to (the purchase) in detail, or within a month.”

The news is a blow to Kakao, which has been working with the company’s management executives and recently purchased a large share in the company, although Lee Soo Man is disputing the legitimacy of the sale of shares.

Source: https://www.koreaboo.com/news/hybe-confirms-considering-acquisition-stake-in-sm-entertainment/
so what does this mean exactly?
i dont underxtand bifg words:pandashrug: despite almost being an young adult
 
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so what does this mean exactly?
i dont underxtand bifg words:pandashrug: despite almost being an young adult
basically, a publicly traded company sells portions of itself as shares that can be bought and resold at higher or lower costs; decision making rights about the company are (for the most part) proportional to the amount of shares owned
sm is one, and lsm is the biggest shareholder amongst them all
he's been looking to sell off some of his personal shares for a while
enter align partners who basically went "hey we know your personal company is funneling a lot of sm's revenue, we need to get external auditors (people who verify that the math is mathing and legal basically) to check over sm's financial reports (to pressure lsm's personal company out of sm)" mainly ig so that the financial reports look better then they can sell off their stocks at a higher price than their buying price to make that money
so they got together a coalition of smaller shareholders to do that, and kakao came in buying a significant amount shares -> kakao gets sm shares and in return sm gets some deals off kakao like the seoul arena still being built and possibly more to come
with the align partners coup and the kakao entry, they've backed lsm into a corner if he were to continue working in sm as before
and so ig lsm has reached out to hybe again to see if they'd be interested in buying off some of his shares, so maybe smt like hybe gets the shares and they use their decision making rights to ensure that lsm's position remains untouched
the hybe share buying was a rumour and they've now confirmed that they are looking into buying sm shares
 
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I agree with what youve said. SM is in a really iffy situation and i hope whatever happens doesnt hurt the artists of sm but i feel like theyve gotten themself in a situation where there will be some harm done whatever they choose. I also dont like hybe and their way to buy the competition so this really pains me.
svt being shipped off to the us despite their domestic momentum :yolk:

I think the signs were already there though with all the longtime staff leaving sm: mhj, hitchhiker, all those nct managers

especially aespa, they truly are a project made by and for lsm and eat up a lot of money with their concept

the main area i'm curious about is how it'll affect the trainees and a&r side, the waning yyj influence is a given but idk apart from that
 
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basically, a publicly traded company sells portions of itself as shares that can be bought and resold at higher or lower costs; decision making rights about the company are (for the most part) proportional to the amount of shares owned
sm is one, and lsm is the biggest shareholder amongst them all
he's been looking to sell off some of his personal shares for a while
enter align partners who basically went "hey we know your personal company is funneling a lot of sm's revenue, we need to get external auditors (people who verify that the math is mathing and legal basically) to check over sm's financial reports (to pressure lsm's personal company out of sm)" mainly ig so that the financial reports look better then they can sell off their stocks at a higher price than their buying price to make that money
so they got together a coalition of smaller shareholders to do that, and kakao came in buying a significant amount shares -> kakao gets sm shares and in return sm gets some deals off kakao like the seoul arena still being built and possibly more to come
with the align partners coup and the kakao entry, they've backed lsm into a corner if he were to continue working in sm as before
and so ig lsm has reached out to hybe again to see if they'd be interested in buying off some of his shares, so maybe smt like hybe gets the shares and they use their decision making rights to ensure that lsm's position remains untouched
the hybe share buying was a rumour and they've now confirmed that they are looking into buying sm shares
okay:naeunshock:
 
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basically, a publicly traded company sells portions of itself as shares that can be bought and resold at higher or lower costs; decision making rights about the company are (for the most part) proportional to the amount of shares owned
sm is one, and lsm is the biggest shareholder amongst them all
he's been looking to sell off some of his personal shares for a while
enter align partners who basically went "hey we know your personal company is funneling a lot of sm's revenue, we need to get external auditors (people who verify that the math is mathing and legal basically) to check over sm's financial reports (to pressure lsm's personal company out of sm)" mainly ig so that the financial reports look better then they can sell off their stocks at a higher price than their buying price to make that money
so they got together a coalition of smaller shareholders to do that, and kakao came in buying a significant amount shares -> kakao gets sm shares and in return sm gets some deals off kakao like the seoul arena still being built and possibly more to come
with the align partners coup and the kakao entry, they've backed lsm into a corner if he were to continue working in sm as before
and so ig lsm has reached out to hybe again to see if they'd be interested in buying off some of his shares, so maybe smt like hybe gets the shares and they use their decision making rights to ensure that lsm's position remains untouched
the hybe share buying was a rumour and they've now confirmed that they are looking into buying sm shares
The big issues is that sm created new shares and bonds to issues to kako , thus diluting the existing shares. all in the goal of adding hip hop ect and the 5 different production center crap. Yes there was new money supposedly added but its pretty clear that SM broke rules doing this.

The march dead line is going to be mess if LSM and Hybe work together and the kakko deal get killed. the ceo's the coo and assorted others will all be fired also.
 
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svt being shipped off to the us despite their domestic momentum :yolk:

I think the signs were already there though with all the longtime staff leaving sm: mhj, hitchhiker, all those nct managers

especially aespa, they truly are a project made by and for lsm and eat up a lot of money with their concept

the main area i'm curious about is how it'll affect the trainees and a&r side, the waning yyj influence is a given but idk apart from that
i think it was more like ppl didnt like teh new managenemt.
birthday and got the beat are on the new ppl if lsm was gone in sept so that also does not bode well for whom ever is still in a n r.

Remember ppl call NCT a vanity project too.. that worked.
I thought they had dropped the ball with NCT but i was wrong too ..
i dont like Aespas music much but see above :)
 
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i think it was more like ppl didnt like teh new managenemt.
birthday and got the beat are on the new ppl if lsm was gone in sept so that also does not bode well for whom ever is still in a n r.

Remember ppl call NCT a vanity project too.. that worked.
I thought they had dropped the ball with NCT but i was wrong too ..
i dont like Aespas music much but see above :)
mhj and co left quite a while ago though, like at least 2/3 years if my nwjns/pgngg clowning days are still clear so when the old mgt influence was still quite strong and if anything, she seemed more frustrated with the status quo internally than anything
I think lsm still had influence in sm though, I think got was very much still a yyj-led project that I doubt would continue if the nepotism nephew were to continue
the thing about nct is that it took a long time for them to make it work… dream being the most successful unit idt was anything like what they had planned for and took a long time responding to
also helps that they have a lot of request content and tour a lot in comparison to their other acts
but yeah, birthday rollout was a mess
 
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mhj and co left quite a while ago though, like at least 2/3 years if my nwjns/pgngg clowning days are still clear so when the old mgt influence was still quite strong and if anything, she seemed more frustrated with the status quo internally than anything
I think lsm still had influence in sm though, I think got was very much still a yyj-led project that I doubt would continue if the nepotism nephew were to continue
the thing about nct is that it took a long time for them to make it work… dream being the most successful unit idt was anything like what they had planned for and took a long time responding to
also helps that they have a lot of request content and tour a lot in comparison to their other acts
but yeah, birthday rollout was a mess
He should have just put sunny in charge :)

As to NCT SM has typically been a build slow kinda company unlike say yg who has to blow up out of the box.
And NCT was a huge uphill battle getting that concept to fly at all.

Heck i cant believe they are still pouring money into station. Has anyone but Taeyeon had a hit?
 
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