Kakao launches effort to control 40% of SME & HYBE plots response as a bidding war seems underway

Hype needs to sell and run. That’s a lot of profits.

Never thought SM would be worth that much.

I want all my favs to leave that circus.

If Kakao buys SM, Kakao's best known singer gets to lord over all SM acts

do you want that?

At this point hybe could be getting into more debt to buy shares at a premium only for a bunch of SM acts to abandon ship and not renew their contracts. It's insane to me that this is being done when majority of the acts there have contracts up for renewal this year or 2024. I'd say they should sell LSM shares to Kakao and bow out.

Quote from kpopnewbie32

At this point hybe could be getting into more debt to buy shares at a premium only for a bunch of SM acts to abandon ship and not renew their contracts. It's insane to me that this is being done when majority of the acts there have contracts up for renewal this year or 2024. I'd say they should sell LSM shares to Kakao and bow out.

I think few SM acts will want to treat the person on your avatar as their superior since she is likely to exercise her supremacy over the acts of the company she fought so ferociously for the last 13 years, so some of them will strike on their own.

Quote from kpopnewbie32

At this point hybe could be getting into more debt to buy shares at a premium only for a bunch of SM acts to abandon ship and not renew their contracts. It's insane to me that this is being done when majority of the acts there have contracts up for renewal this year or 2024. I'd say they should sell LSM shares to Kakao and bow out.

Hybe is really betting on taking all SM groups to the next level, which they will have to do as many of them are no longer on their first contract, which means they get paid more money than your recent debut group would.

More important, LSM really needs he's lunch money.