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Tencent Music, SM Entertainment and K-Pop

Tencent Music Buys $177 Million Stake In K-Pop Giant SM Entertainment

With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major K-pop acts such as Aespa and NCT.

Reuters on MSN · 2d

Tencent Music to become second-largest shareholder in K-pop agency SM Entertainment

China's Tencent Music 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 a regulatory filing that it plans to sell its 2.

Music Ally · 2d

Tencent Music buys Hybe’s remaining stake in SM Entertainment

Early in 2023, a K-Pop takeover battle was raging as South Korean firms Hybe and Kakao vied to acquire majority stakes in SM Entertainment.

Music Earnings Season Q1 2025 Highlights: Biggest Revenue Growth, Most Impactful Quotes & More

Music earnings season Q1 2025 highlights include UMG's streaming growth, Tencent Music's subscription business and more.

Seeking Alpha1d

TME Tencent Music Entertainment Group

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China.

Devdiscourse1d

Entertainment News Highlights: Pardons, Accusations, and Entranced Shares

President Trump plans to pardon reality TV stars Todd and Julie Chrisley; Sean 'Diddy' Combs faces serious allegations during ...

Music Business Worldwide1d

HYBE launches subsidiary in China, as K-Pop giant’s global expansion continues

Credit: Kathy Hutchins/Shutterstock HYBE's move to set up a new office in China arrives in the same year that its flagship ...

12d

Tencent Music: Hitting A High Note

Tencent Music posted strong Q1 results with margin gains and subscription growth, and M&A could boost long-term value. Find ...

Devdiscourse1d

Stars, Scandals, and Shares: A Riveting Rundown in Entertainment News

A roundup of notable entertainment news includes Trump's plans to pardon reality TV stars Todd and Julie Chrisley, the ...

Yonhap News Agency on MSN1d

SM to boost cooperation with China's Tencent Music

SM Entertainment will expand its strategic partnership with Tencent Music Entertainment Group, following the Chinese ...

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