Kakao becomes majority shareholder of K-pop agency SM Entertainment

South Korean internet company Kakao has become the majority shareholder of K-pop agency SM Entertainment, with a controlling stake of 39.9%....

HYBE expected to net $87 million after selling all of its SM Entertainment shares

K-pop company HYBE announced its intention to sell its entire 15.8% stake in rival talent agency SM Entertainment to South Korean internet g...

Kakao makes near-$1 billion tender offer for SM Entertainment in challenge to Hybe

South Korean tech giant Kakao has announced a bid to acquire up to 35% of SM Entertainment shares, which, if successful, would make them the...

SM Entertainment CEO releases video accusing uncle and company founder of tax evasion

SM Entertainment CEO Chris Lee has released a scathing video accusing the company’s founder of tax evasion and delaying Aespa’s comeback alb...