SM Entertainment girl group Aespa. Photo Credit: 이터널 리턴 Though SM Entertainment has thwarted a takeover attempt from K-pop rival Hybe, the effects of the companies’ months-long dispute are still being felt, as South Korean […]
Seoul, South Korea. Photo Credit: Mathew Schwartz With a much-publicized ownership dispute between SM Entertainment and Hybe now (mostly) in the rearview, SM artists are set to join the BTS agency’s WeVerse social platform. But […]
Kristen Stewart is about to have the ultimate on-set reunion. On April 12, Deadline reported that the “Diana” actor is set to star in a new road-trip comedy called “Sacramento” alongside her former “Speak” co-star […]
Disney’s latest live-action riff on a classic is “Peter Pan & Wendy,” a new adaptation of the classic “Peter Pan” story. Ever since first taking center stage in J.M. Barrie’s 1904 stage play, Peter Pan […]
Ben Affleck is once again taking on the dual role of director and actor in his new film, “Air,” which hit theaters on April 5. The film, filled with a star-studded cast that includes Matt […]
Photo Credit: Kakao Entertainment South Korean company Kakao has obtained a controlling stake in K-pop agency SM Entertainment, leaving HYBE with 8.9% stake. Previous reports suggested HYBE hoped to sell its entire 15.8% stake to […]
HYBE aims to sell its entire 15.8% stake in SM Entertainment by accepting a tender offer from bidder Kakao, marking the end of the takeover battle SEOUL, South Korea – South Korean music label HYBE, […]
Photo Credit: Robert Matheu BMG, Fremantle Documentaries, and Warner Music Entertainment announce ‘DEVO,’ the first full-length feature film about the band, to be produced by Vice Studios and Library Films. BMG, Fremantle Documentaries, and Warner […]
Hybe’s Tomorrow X Together. Photo Credit: Dispatch After a much-publicized battle for control of rival K-pop company SM Entertainment, Hybe has officially opted to “discontinue the acquisition process” at once, citing the possibility that completing […]
Dutch Uncles release their sixth studio album True Entertainment Dutch Uncles image via Oliver Sangster Reviewed: March 10, 2023 On True Entertainment Manchester’s Dutch Uncles release their most collaborative album to date. Produced by: Henry […]
Photo Credit: Kakao Entertainment One day after the cancellation of a proposed deal for about nine percent of SM Entertainment, Kakao has moved to purchase approximately 35 percent of the company via a tender offer. […]
Seoul, South Korea. Photo Credit: Ciaran O’Brien Late last week, a South Korean court barred SM Entertainment from issuing more shares amid an ownership battle with Hybe. Now, SM has officially nixed a related agreement […]
Seoul, South Korea. Photo Credit: Mathew Schwartz As it looks to secure a controlling stake in SM Entertainment despite strong opposition, Hybe has rolled out an “SM with Hybe” campaign. Meanwhile, with Kakao working to […]
Photo Credit: Mathew Schwartz HYBE has completed its acquisition of a 14.8% stake in SM Entertainment, held by SM’s Founder and former Chief Producer, Lee Soo-man. HYBE also announced it resolved the ‘governance issue’ between […]
Photo Credit: HYBE / SM Entertainment Earlier this month, BTS agency Hybe (KRX: 352820) purchased nearly 15 percent of SM Entertainment (KRX: 041510) in a deal that was reportedly worth $324 million. Now, with Hybe […]
Photo Credit: Clay Banks Last summer, Alliance Entertainment announced plans to execute a special purpose acquisition company (SPAC) merger. Now, despite the SPAC sector’s relative collapse, the deal has officially wrapped. Alliance Entertainment, which bills […]
Photo Credit: Ken Lund / CC by 2.0 Earlier this week, Alliance Entertainment completed its merger with a special purpose acquisition company (SPAC) – while also revealing that it wouldn’t list on the NYSE after […]
Photo Credit: STX Entertainment Multimedia Music has reportedly purchased the music library of STX Entertainment in an eight-figure transaction. The deal between London- and Los Angeles-based Multimedia Music and Burbank-headquartered STX Entertainment just recently came […]
Madison Square Garden Entertainment (MSG Entertainment) has officially confirmed plans to spin off its live division by March’s end. MSG Entertainment (NYSE: MSGE) doubled down on the spinoff timetable in its newly published Q4 2022 […]
Photo Credit: HYBE / SM Entertainment HYBE acquires the 14.8% share in SM Entertainment previously held by SM’s founder, positioning itself as the company’s largest shareholder. HYBE has signed an agreement to acquire the 14.8% stake in […]