Weverse is soon launching their services for SM Entertainment artists! On September 5, Weverse officially announced that 13 SM artists—Kangta, BoA, TVXQ, Super Junior, Girls’ Generation, SHINee, EXO, Red Velvet, NCT 127, NCT Dream, WayV, aespa, and RIIZE—will join the platform. Weverse is a platform that provides community services for artists and fans around the… Continue reading SM Entertainment Artists Join Weverse + Launch Date Confirmed
Tag: HYBE
HYBE To Launch New Girl Group Survival Show This Month
HYBE will be debuting a brand-new girl group through a survival program scheduled to kick off this month! On June 1, JTBC and BELIFT LAB announced that they have begun filming for the new survival program “R U Next?” “R U Next?” is a program that will determine the final lineup of BELIFT LAB’s next… Continue reading HYBE To Launch New Girl Group Survival Show This Month
SM Entertainment Artists Confirmed To Join Weverse
A new collaboration between SM Entertainment and HYBE is coming to light. On April 17, SM Entertainment stated, “By the second half of this year, we will open official communities for each of our artists on Weverse and manage official fan club services through membership services to interact with fans in various ways.” Currently, SM… Continue reading SM Entertainment Artists Confirmed To Join Weverse
Bang Si Hyuk Breaks Down HYBE’s Withdrawal From SM Acquisition, BTS’s Return From Hiatus And Contract Renewals, And More
HYBE’s chairman Bang Si Hyuk has recently discussed the agency’s recent battle with Kakao, BTS’s enlistments and contract renewals, and more. On March 15, Bang Si Hyuk attended the Kwanhun Forum where he shared an in-depth explanation of HYBE’s recent withdrawal from its acquisition of SM Entertainment and Lee Soo Man’s reaction. Last month, HYBE signed… Continue reading Bang Si Hyuk Breaks Down HYBE’s Withdrawal From SM Acquisition, BTS’s Return From Hiatus And Contract Renewals, And More
SM Entertainment Makes Statement Regarding HYBE And Kakao’s Agreement
SM Entertainment has released an official statement in response to HYBE’s announcement that it will no longer be attempting to take over the company. On March 12, HYBE announced that it had come to an agreement with Kakao regarding their highly public battle to secure management rights and control of SM Entertainment. In a formal… Continue reading SM Entertainment Makes Statement Regarding HYBE And Kakao’s Agreement
Breaking: HYBE Announces Withdrawal From SM Acquisition After Coming To Agreement With Kakao
HYBE has announced that it “will discontinue the acquisition process of SM Entertainment.” On March 12, HYBE released an official statement announcing the end of its highly public battle with Kakao over acquiring shares of SM Entertainment. Last month, HYBE signed a deal with SM Entertainment founder Lee Soo Man to acquire a 14.8 percent… Continue reading Breaking: HYBE Announces Withdrawal From SM Acquisition After Coming To Agreement With Kakao
Kakao Outbids HYBE With New Tender Offer To SM Stockholders In Attempt To Secure 35 Percent Share
Kakao has made a tender offer to SM Entertainment shareholders in a bold new bid to overtake HYBE as the largest shareholder of the company. On March 7, Kakao announced a new tender offer for SM Entertainment shares in an attempt to acquire a 35 percent stake in the company, marking the conglomerate’s latest move… Continue reading Kakao Outbids HYBE With New Tender Offer To SM Stockholders In Attempt To Secure 35 Percent Share
Watch: HYBE Launches “SM With HYBE” Campaign For SM Shareholder Engagement
HYBE has announced a new campaign for the engagement of SM Entertainment shareholders. On March 2, HYBE announced the “SM with HYBE” campaign in order to share its latest business strategy and plans to prioritize shareholders of SM Entertainment (hereafter SM). According to HYBE, the campaign “is to protect shareholder value from inappropriate actions by… Continue reading Watch: HYBE Launches “SM With HYBE” Campaign For SM Shareholder Engagement
HYBE Releases Open Letter Regarding Acquisition Of Lee Soo Man’s SM Entertainment Shares
HYBE has released an open letter to fans, artists, employees, and shareholders of SM Entertainment regarding their recent acquisition of Lee Soo Man’s SM Entertainment shares. Read their full letter below: Source (1)
Watch: SM Entertainment Releases Video Statement Regarding Their Stance Against HYBE’s Acquisition
SM Entertainment (hereafter SM) has released a lengthy video statement regarding HYBE’s acquisition. On February 20, SM Entertainment uploaded a video to their official YouTube channel titled “The reason why SM is against HYBE’s hostile takeover,” detailing at length the reason behind their opposition against HYBE’s M&A (mergers and acquisitions). In the video, SM Entertainment… Continue reading Watch: SM Entertainment Releases Video Statement Regarding Their Stance Against HYBE’s Acquisition