Hybe Becomes the Largest Shareholder of SM Entertainment, its Biggest Rival in Korea
Deal has the potential to put HYBE in the same league as the “big three” major record labels: Sony, Universal, and Warner Music.

Hybe is about to create a super large ‘dinosaur’ agency with its own BTS, Seventeen, Tomorrow X Together, Enhypen, NewJeans, and Le Serphim with SM’s BoA, Exo, Super Junior, Girls’ Generation, SHINee, NCT, and Espa under one roof.


Hybe said, “The acquisition of SM is to become a game changer in the global pop music market by concentrating the global capabilities of both companies.”

Hanyoo Park is a content creator for Best of Korea. She was born in Seoul, Korea, and currently lives and works in Manhattan. She is a mom to a middle schooler and a proud maximalist who loves everything about life.