SM Entertainment Co., Ltd. (041510.KQ)
- CNW Group
SM Entertainment Holds 28th Annual General Meeting of Shareholders and the New Board Appoints Cheol-hyuk Jang as CEO
On Friday, SM Entertainment ("SM" or the "Company") (KRX:041510) announced that all agendas proposed by the Company's Board of Directors(BOD) were approved by its shareholders at the 28th Annual General Meeting of Shareholders(AGM) held at SM headquarter in Seongsu-dong, Seoul. With this, the foundation has been laid for implementing the SM 3.0 strategy, an essential element for the Company to move forward to a fan and shareholder-centered global entertainment company.
- Bloomberg
BTS Mogul Hybe Eyes US Targets After Failed Takeover Bid for SM
(Bloomberg) -- Hybe Co., the label behind global sensation BTS, is hunting new targets in the US after dropping a bid to acquire K-pop rival SM Entertainment Co. Most Read from BloombergCredit Suisse Fights to Win Back Confidence as Stock SlumpsBofA Gets More Than $15 Billion in Deposits After SVB Fails‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseRussian Fighter Jet Collides With US Drone Over Black SeaHybe’s billionai
- Reuters
BTS agency HYBE seeks U.S. deals after withdrawing bid for SM Entertainment
South Korea's largest music label HYBE, which manages hit boy band BTS, will announce a "substantial number of acquisitions and investments" this year as the K-pop giant looks to boost its U.S. presence, its chairman said on Wednesday. The company's efforts to expand its portfolio of music labels and fan community platforms come after HYBE on Sunday withdrew its plan to take over rival label SM Entertainment after a weeks-long battle with social media giant Kakao.
