Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block deal before Tuesday's market open.The divestment, at a 9% discount to Monday's closing level, generated 814.1 billion won ($720 million) in proce
Shares in HYBE Co., the label behind BTS, hit their all-time high close on Tuesday, buoyed after the boy band's latest track "Butter" topped the Billboard Hot 100 songs chart for its fourth consecutive week, the longest week for an Asian pop group.HYBE soared 5.36% to finish at 324,500 won ($2
HYBE Chairman Bang Si-hyuk (center) with BTS members. HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion won ($400 million). According to the investment banking industry on Jun. 3, the company s
Butter, the latest global hit by BTS, is a YouTube sensation HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won ($400 million). HYBE will be issuing 2,227,848 new shares, about 6.2% of more than 35.6
BTS released its latest single, Film Out, in Japan on Apr. 2 (courtesy of HYBE Labels) BTS, Justin Bieber and Ariana Grande will be under the same music label group through a historic M&A deal between HYBE Corporation, formerly Big Hit Entertainment Co., and Ithaca Holdings. South Korea&rsq