South Korean entertainment company HYBE, home to K-pop superstars BTS, has signed a music distribution deal with China's Tencent, the Seoul Economic Daily newspaper reported on Tuesday citing a ...

SEOUL >> China’s Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment, according to a South Korean filing on Tuesday. South Korea’s Hybe said in ...

Hybe's China office, launched on April 2 and announced on Thursday, is its fourth overseas branch. ... Hybe announced plans to sell its entire stake in SM Entertainment to China's Tencent Music.

HYBE has sold its remaining 9.38% stake in rival SM Entertainment to Tencent Music Entertainment for approximately $177 million, the company revealed in regulatory filing. The SM agency is home to ...

SEOUL, May 23 (Reuters) - South Korean entertainment company HYBE, home to K-pop superstars BTS, said on Tuesday it has signed a music distribution deal with China's Tencent Music.

South Korea's Hybe said in a regulatory filing that it plans to sell its 2.2 million shares in SM Entertainment to Tencent Music Entertainment for 243 billion won ($177 million) on May 30.

South Korea's largest K-pop agency Hybe has established its first office in China — amid signs that Beijing is lifting its unofficial ban on K-pop shows. Stream Philadelphia News for free, 24/7 ...