HYBE to develop game biz further to cut reliance on BTS

HYBE to develop game biz further to cut reliance on BTS

South Korea’s HYBE Co. plans to accelerate the development of its game business by separating the unit as the entertainment giant aims to cut ...

KTCU posts highest investment return since 2009

KTCU posts highest investment return since 2009

Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, earned an 11.3% return from investment last y...

Time to buy Korean entertainment stocks?

Time to buy Korean entertainment stocks?

Hopes for a rebound in South Korea’s entertainment shares emerged as their earnings are expected to improve on new businesses and their valuat...

HYBE, Korea cryptocurrency exchange operator to co-launch BTS NFTs

HYBE, Korea cryptocurrency exchange operator to co-launch BTS NFTs

HYBE Co., the label behind BTS, is expected to launch non-fungible tokens (NFTs) for assets of the world’s top boy band alongside the operator...

Netmarble sells shares of Kakao units to raise $700 mn in August

Netmarble sells shares of Kakao units to raise $700 mn in August

South Korea’s Netmarble Corp. has earned 816.9 billion won ($703 million) so far in August alone by selling shares of KakaoBank Corp. and Kaka...

Naver to create webtoons of DC Comics' series, HYBE artists

Naver to create webtoons of DC Comics' series, HYBE artists

Naver Webtoon Corp., the digital comics platform of South Korea's top online portal, is collaborating with BTS' agency HYBE Co. and DC Comics Inc. t...

BTS producer tops the list of H1 highest-paid Koreans

BTS producer tops the list of H1 highest-paid Koreans

Senior executives of HYBE Co., South Korea's leading K-pop agency, topped the three spots on the first-half list of highest-paid South Koreans, with...

Lessons learned from Blackpink label's M&A flops

Lessons learned from Blackpink label's M&A flops

South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profitable golf business in...

STIC to cash in on Aug IPOs following HYBE block sale

STIC to cash in on Aug IPOs following HYBE block sale

South Korea's private equity firm STIC Investments Inc. is tipped to be one of the main beneficiaries of upcoming initial public offerings in the co...

HYBE CEO steps down to focus on music production

HYBE CEO steps down to focus on music production

BTS agency HYBE’s founder Bang Si-hyuk will resign from his position as CEO to focus on music production. HYBE said that Bang will remain as c...

HYBE's No.3 investor exits from BTS label in block deal

HYBE's No.3 investor exits from BTS label in block deal

Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block...

BTS label HYBE shares at highest close: Too late to chase it now?

BTS label HYBE shares at highest close: Too late to chase it now?

Shares in HYBE Co., the label behind BTS, hit their all-time high close on Tuesday, buoyed after the boy band's latest track "Butter" topped the Bil...

HYBE raises $400 mn in a move to diversify BTS-dependent portfolio

HYBE raises $400 mn in a move to diversify BTS-dependent portfolio

HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...

K-pop content platforms team up to take lead in community market

K-pop content platforms team up to take lead in community market

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

HYBE x McDonald’s: The BTS Meal launches globally

HYBE x McDonald’s: The BTS Meal launches globally

McDonald’s has launched The BTS Meal on May 26 in the first selected group of 12 markets including Brazil, Canada and the US. The BTS meal is ...

HYBE’s $400 mn rights offering for Ithaca merger to open June 1-2

HYBE’s $400 mn rights offering for Ithaca merger to open June 1-2

HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...

HYBE’s music unit split-off plan ignites shareholder concern

HYBE’s music unit split-off plan ignites shareholder concern

HYBE Co., the label behind BTS, will attempt to split off its music business as a separate entity at its general shareholder meeting on May 14. Acco...

Deep inside the deal: HYBE-Ithaca merger

Deep inside the deal: HYBE-Ithaca merger

The recent merger deal between two global entertainment powerhouses, HYBE Co. of South Korea and Ithaca Holdings of the US, will create a mega music...

BTS, Bieber, Lovato celebrate HYBE-Ithaca alliance

BTS, Bieber, Lovato celebrate HYBE-Ithaca alliance

HYBE Co. and Ithaca Holdings, the two entertainment powerhouses that recently joined hands to create the mega music label that will house BTS, Arian...

HYBE-Ithaca merger puts BTS, Justin Bieber under one roof

HYBE-Ithaca merger puts BTS, Justin Bieber under one roof

BTS, Justin Bieber and Ariana Grande will be under the same music label group through a historic M&A deal between HYBE Corporation, formerly Big...

Musicow sells out first US music equity offering backed by Kelly Clarkson hit S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit Korea’s retail giant E-Land mulls selling part of F&B brands Samsung to produce Apple’s next-gen chips at US foundry plant Hyundai, GM to co-develop five brand new vehicles, seek joint sourcing