News about Lee Soo-man

What's Going On Between HYBE and SM Entertainment?Let's Break Down the Drama

www.popsugar.co.uk, March 10, 2023
Over the past few years, HYBE has increased so much. The South Korean entertainment company, which was established as Big Hit Music in 2005, was the only artist to work with BTS for a long time. But as the company grew alongside BTS' success, it gave Big Hit a subsidiary name and began acquiring other Korean companies like Pledis Entertainment, Source Music, and, most recently, Hip Control, a hip-hop company. Despite being dominant so much of the music market, HYBE isn't done growing yet. HYBE has also been keeping an eye on SM Entertainment since August 2021. Nevertheless, the company's attempts to purchase a majority stake have met with some controversies. Why? I'll break it down for you.