CEO Cheol-hyuk Jang said SM aims to create “a comprehensive idol success model” in partnership with Tencent Music.

SEOUL (Reuters) -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 ...

Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of ...

Once completed, Tencent Music will become SM Entertainment’s second-largest shareholder after Kakao, replacing HYBE, which previously held a 9.66 percent stake.

Tencent Music Entertainment Group on August 12 reported revenue of RMB 8.44 billion ($1.16 billion) in the second quarter of ...

Q2 2025 Earnings Call Transcript August 11, 2025 Millicent T.: Good evening, good morning, and welcome to Tencent Music Entertainment Group’s Second Quarter 2025 Earnings Conference Call. I’m ...

SEOUL, May 27 (Yonhap) -- K-pop powerhouse Hybe said Tuesday it will sell its entire stake in rival SM Entertainment to China's Tencent for 200 billion won (US$145.5 million). In a regulatory ...

Tencent Music Entertainment Group reported second-quarter revenue of $1.18 billion, up 17.9% from a year earlier, fueled by ...

Hybe, the group behind K-pop superstars BTS, said Tuesday that it will sell its remaining stake in competitor SM Entertainment to Tencent's music unit. Hybe has a nearly 10% stake in SM Entertainment.

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 ...

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.

Hybe, the group behind K-pop superstars BTS, said Tuesday that it will sell its remaining stake in competitor SM Entertainment to Tencent's music unit. Hybe has a nearly 10% stake in SM Entertainment.