HYBE Sells All Of Its Shares In SM Entertainment To Another Competitor

HYBE, the entertainment powerhouse behind global K-pop acts, has announced its decision to divest its entire stake in SM Entertainment, marking a significant move in the evolving landscape of South Korea’s music industry. According to a disclosure filed with the Financial Supervisory Service on May 27, 2025, HYBE will sell all of its approximately 2.21…

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