HYBE Turns Focus To U.S. Market After Withdrawing Bid For SM Entertainment

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Korea’s HYBE, which manages K-pop band BTS, says it’s planning a series of acquisitions and investments in the U.S. entertainment market this year, after withdrawing from a heated battle with inter…

HYBE founder and chairman Bang Si-hyuk said the company will announce a “substantial number of acquisitions and investments within this year as part of our efforts to widen our presence in the U.S.”

HYBE announced on March 12 that it was pulling out of its takeover bid for SM Entertainment after “observing that the market has been showing signs of overheating due to competition with both Kakao andA few days previously, Kakao had made an offer close to $1BN to acquire up to 35% of SM Entertainment and prevent HYBE from taking control.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

HYBE needs to change their name to HAS BEEN

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wild Isles review: David Attenborough turns focus to UK and IrelandWild Isles, a new BBC nature documentary, has spent a Planet Earth-sized budget a little closer to home. Some of its footage even managed to surprise the show's host, David Attenborough, despite all his experience, finds Bethan Ackerley inkerley And the Tories tried to stop the BBC showing it, so they didn’t offend their fossil fuel funding source. Scumbags BBC Thats cool, we often forget there are any wildlands left in the UK's purview. BBC Wild Isles a must watch series
Source: newscientist - 🏆 541. / 51 Read more »

HYBE Says There Is No Set Date for BTS Comeback, Asks for Respect for Members’ PrivacyBang Si-hyuk revealed that there is no set date for BTS’ comeback as a group, and requested respect for the band’s privacy regarding military service and their plans for their careers. So stop asking You know what just trust bts...... and the media should finally stop asking on this matter. There are tons of things going on and this is headline.... 😑
Source: billboard - 🏆 112. / 63 Read more »