Label will also continue its individual partnerships with all seven members of the group.
HYBE is the second-largest single shareholder in SM, following a failed bid to take over the company earlier this year.
The Billboard Global Music Index rose 4.7% as 12 of its 21 stocks posted gains this week.
The 20 contestants were split into four teams, including two vocal teams and two dance teams.
Amendments to the deal made three years ago extended the agreement through 2027 – presenting a puzzle for both parties.
Ariana Grande and Demi Lovato have split from manager Scooter Braun. Rihanna & A$AP Rocky have reportedly welcomed their second child together. Justin Timberlake is showing off his acting chops in the trailer for Netflix’s ‘Reptile,’ as *NSYNC is rumored to reunite in ‘Trolls Band Back T
HYBE, SM Entertainment, YG Entertainment and JYP Entertainment have collectively added $4.7 billion in market capitalization in 2023.
He is the recipient of the inaugural accolade following three rounds of voting by his peers.
The Billboard Global Music Index dropped 3.5% with 16 of its 21 stocks in negative territory.
The K-pop juggernaut is in talks with strategic and financial partners exploring equity stakes, according to a new report.