The year saw K-pop companies making mega moves on a global scale, while the catalog market remained hot.
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Kakao chief investment officer Bae Jae-hyun is accused of inflating SM’s share price to thwart HYBE’s bid for a stake in the K-pop company earlier this year.
Kourtney Kardashian and Travis Barker welcomed their first child together, and Stormi Webster stormed the stage with a performance alongside her rapper dad Travis Scott. Dua Lipa teased a special “surprise launch event” in three different cities to celebrate the release of her new single ‘Houd
The remaining 10 girls will perform at the live finale, which is set to take place on Nov. 17.
The Billboard Global Music Index fell 3.1% to 1,313.44, lowering its year-to-date gain to 12.5%.
The Billboard Global Music Index dropped 1.5% to 1,355.65 this week, bringing its year-to-date gain to 16.1%.
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.
