News HYBE announce they've completed the acquisition of 14.8% stake in SM Entertainment (1 Viewer)

[Xeulgi]

 

[chiefchilly1]

Aww shit

 

[Deleted member 4423]

I just... am so concerned what they're gonna change...

 

[Selfmate]

interesting

 

[Day]

 

[ichigohon]

I expected that one to go through unfortunately, but I REALLY hope their additional plans to acquire a 40% stake are rejected.

 

[chiefchilly1]

and so the monopoly begins

 

[Lovely_Cornchips]

oh god

 

[StirFriedPanda]

At least it wasn't YG and Red Velvet wouldn't be heading to the dungeon. But I also hope they don't pull a Gfriend on RV...

 

[VillageIdiot]

Let the games begin

 

[The_LastRomeo]

No no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no

 

[the101]

 

[Abeamus]

"Hybe has been successfully operating its multi-label system by giving autonomy to respective labels"

I can tell any SM fan right now that this is a bare faced lie as even excluding how Gfriend ended because of Hybe there's also the little fact that they did not enjoy the year under Hybe and in terms of going back to a time would rather go back to 2019 before Hybe changed Source Music into something else.

 

[eclipsoul]

 

[cocomelon]

red velvet i love you forever even though they're gonna disband u

 

[cocomelon]

Let the games begin

yes like alice in borderland and squid games

 

[Moguri]

So what does this mean, is it legal now and all the SM employees can protest as much as they want?