Regarding Kakao, which is becoming the second-largest shareholder through paid-in capital increase and issuance of convertible bonds, CEO Park said, “if the contents of the business partnership are helpful to SM on the premise that Kakao is not interested in management rights, we can fully consider it.”
He expressed his willingness to cooperate with the 'SM 3.0' strategy announced by the current management. CEO Park said, "The multi-label system was prepared by HYBE for over three years, and we share sufficient experience. It will also help SM grow."
He also emphasized that huge synergies can be created if HYBE acquires SM. In particular, while talking about the success stories of BTS and Ithaca Holdings' network and know-how, he said, "We can help SM artists advance into North America. On the other hand, SM's overwhelming infrastructure in Southeast Asia and China can help HYBE's artists enter those markets."
original post: here
1. SuperM and EXO are already doing well, thank you
2. This is hilariousㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
3. Stop being assh*les. Do they think that they were the ones who made Bangtan succeed in the US?? Bangtan did everything themselves. What did they do for Bangtan?
4. Are they in a rush? Why are they acting this way? They even want to hold hands with Kakao now
5. Their foreign promotions are f*cking tacky and they barely have any. It's true that their artists are successful so they are not totally wrong
6. Why am I getting embarrassed?ㅋㅋㅋㅋㅋㅋㅋ Haㅠ freaking embarrassing...
7. Huh??? Does SM even need HYBE's help....???????ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
8. Bangtan... didn't they basically hit big by themselves? I've never thought that they succeeded because of their company. Anyways, please just stop...
9. ㅎㅎ;;;
10. Their ego is huge
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