SM Entertainment will respect HYBE’s decision to halt its takeover of SM, as agreed upon by Kakao and HYBE.
SM will use this agreement as an opportunity to push forward at full speed with our “SM 3.0” strategy that we promised to our shareholders, company members, fans, and artists; and we will...
Mess
Kakao reportedly plans on becoming SM Entertainment‘s largest shareholder by buying up to 35% of SM Entertainment’s shares at a price of ₩150,000 KRW (about $116 USD) per share. The price is 25% higher than the ₩120,000 KRW (about $92.40 USD) HYBE paid last month. If Kakao succeeds, it...
To my SM family whom I love, and the many people who love SM,
Ever since becoming a bushy-haired ballad singer in the 1970s, I have lived my entire life with the public. I received more than enough love as a singer and as an MC, and the singers I produced after becoming a producer have also...
“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...
https://koreajoongangdaily.joins.com/2023/02/07/business/tech/Korea-Kpop-SM-Entertainment/20230207140807750.html
Well ain't this a hot mess.
To catch you up on the story:
LSM has been trying to share off his large shares in SM for about a year now and every time a deal falls through. Part...
its kinda crazy since Levelup is not there nor is the bulk of the variety content.
8 years and 197 vids ya can see why folks do complain about support for the older groups.
honestly EXO is in the same boat. years more active and less stuff than nct units.
Most watched SM artists...
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