Tag: SM Entertainment

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

Lee Soo Man Shares Letter Explaining His Decision To Work With HYBE Following Court’s Decision To Ban SM From Issuing New Shares

SM Entertainment’s founder Lee Soo Man has shared his perspective in a detailed letter following the court’s decision to grant a petition for his injunction. In February, HYBE confirmed their acquisition of a 14.8 percent stake of SM Entertainment from Lee Soo Man for 422.8 billion won (approximately $334.3 million). Before HYBE’s acquisition, Lee Soo… Continue reading Lee Soo Man Shares Letter Explaining His Decision To Work With HYBE Following Court’s Decision To Ban SM From Issuing New Shares

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

Watch: SM Entertainment Outlines SM 3.0 Plans Including Artist Releases And Tours For 2023, The End Of NCT’s Expansion, And More

SM Entertainment (hereafter SM) has released a new video laying out their upcoming plans for SM 3.0! In a series of recent videos, SM’s executives detailed their “4 Key Growth Strategies” in implementing SM 3.0, from IP (intellectual property) strategy (multi production center/label system) and business strategy (music streaming, IP License, etc.) to global expansion and investment strategy.… Continue reading Watch: SM Entertainment Outlines SM 3.0 Plans Including Artist Releases And Tours For 2023, The End Of NCT’s Expansion, And More

Watch: SM Entertainment Executives Detail Global Expansion And Investment Strategies In New Video

SM Entertainment (hereafter SM) has released a new YouTube video on their plans for global expansion as well as their investment strategy. In the latest of their series of videos, SM’s executives COO Tak Young Jun, Inside Director Park Jun Young, CFO Jang Cheol Hyuk, and CEO Lee Sung Su discuss their global and investment… Continue reading Watch: SM Entertainment Executives Detail Global Expansion And Investment Strategies In New Video

Watch: SM Entertainment Explains The Meaning Behind Their Strategic Partnership With Kakao Entertainment

SM Entertainment (hereafter SM) has released a new YouTube video detailing the meaning behind their strategic partnership with Kakao Entertainment (hereafter Kakao) from the perspective of shareholders and fans. Earlier on February 22, HYBE released an open letter to fans, artists, employees, and shareholders of SM Entertainment regarding their recent acquisition of Lee Soo Man’s… Continue reading Watch: SM Entertainment Explains The Meaning Behind Their Strategic Partnership With Kakao Entertainment

Watch: SM Entertainment Details IP Monetization Strategy And Goals Under SM 3.0 In New Video Statement

SM Entertainment (hereafter SM) has released a new YouTube video detailing their IP (intellectual property) monetization strategy for SM 3.0. On February 21, SM released a follow-up YouTube video titled “SM 3.0: IP Monetization Strategy,” which is part of their second strategy to implement SM 3.0. SM Entertainment CFO (Chief Financial Officer) Jang Cheol Hyuk… Continue reading Watch: SM Entertainment Details IP Monetization Strategy And Goals Under SM 3.0 In New Video Statement

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

HYBE And SM Entertainment Respond To Each Other’s Statements Following SM CEO Lee Sung Su’s Video

HYBE and SM Entertainment have released consecutive statements to refute the other regarding the current situation involving the two companies. Following SM CEO Lee Sung Su’s first video on February 16, HYBE released a statement with the following main points: 1. Former chief producer Lee Soo Man can work abroad for his personal producing business… Continue reading HYBE And SM Entertainment Respond To Each Other’s Statements Following SM CEO Lee Sung Su’s Video

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