Photo Credit: HYBE Four months after tapping Scooter Braun to lead its stateside operation, BTS agency Hybe is reportedly looking to raise almost $400 million to bankroll an acquisition-heavy global expansion. The Seoul-based company’s hunt […]
Photo Credit: HYBE At least three HYBE employees face an investigation for insider trading related to BTS’ hiatus due to members’ mandatory military service. Three HYBE employees are facing charges related to insider trading, financial authorities said […]
Photo Credit: HYBE Insight K-pop powerhouse HYBE has inked a music distribution deal with China’s Tencent Music Entertainment. According to reports from The Seoul Economic Daily, the deal will see HYBE artists available on streaming […]
Photo Credit: Hybe K-pop giant Hybe is turning to artificial intelligence for its new artists, capable of releasing albums in six languages at the same time. Midnatt is the alter ego of Lee Hyun, who […]
Hybe stock jumped today after acts including NewJeans (pictured) contributed to a Q1 2023 album-revenue improvement. Photo Credit: SBS Radio Despite the split of K-pop sensation BTS, Hybe (KRX: 352820) generated a cool $306 million […]
Seoul, South Korea. Photo Credit: Ciaran O’Brien 12 days after formally ending a much-publicized campaign to take over SM Entertainment, BTS agency Hybe is selling its stake in the rival K-pop company. This latest twist […]
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, […]
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 […]
Photo Credit: Kakao Entertainment Days removed from the official close of its over $320 million investment in SM Entertainment – one component of a “hostile takeover” effort, according to the latter business – BTS agency […]
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 […]
A war between two of South Korea’s biggest music companies, playing out over corporate filings, lawsuits and YouTube videos, could determine control of the enormous global K-pop market. The battle between HYBE, home to global […]
Photo Credit: HYBE Corporation Notwithstanding K-pop sensation BTS’ hiatus, Hybe achieved double-digit revenue growth – and suffered a more than $144 million net loss – during Q4 2022, according to a newly released earnings report. […]
(l to r) Hybe chairman Bang Si-Hyuk, Quality Control CEO Pierre “P” Thomas, QC COO Kevin “Coach K” Lee, and Hybe America CEO Scooter Braun. Photo Credit: Eric Ray Davidson. After spearheading a number of […]
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 […]
Hybe, the South Korean company that represents BTS, Tomorrow X Together, Lee Hyun, and more, has acquired the Atlanta hip-hop label Quality Control, The Hollywood Reporter and The New York Times report. The $300 million […]
Photo Credit: TechCrunch / CC by 2.0 Following the approximately $200 million sale of Justin Bieber’s catalog, Scooter Braun has reportedly become Hybe America’s sole CEO. Upon announcing its massive investment in the 28-year-old’s music […]
Photo Credit: HYBE Corporation HYBE pushes into gaming with a global publishing deal with developer Flint upcoming massively multiplayer online game, Dragon Blaze 2: Knights of Veda. The deal was signed between the game’s developer, […]
Photo Credit: Supertone.ai Hybe has acquired AI tech startup Supertone in a deal worth an estimated $32 million. Supertone synthesizes realistic voices that can sing. According to Korean media, the deal follows a 4 billion […]
Photo Credit: Supertone.ai Hybe has acquired AI tech startup Supertone in a deal worth an estimated $32 million. Supertone synthesizes realistic voices that can sing. According to Korean media, the deal follows a 4 billion […]