Most likely big 3 company to be acquired by Hybe? 35
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SM (4) 11%
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JYP (14) 40%
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YG (17) 49%
It's no secret at this point Hybe is bigger than the big 3 combined. Just look at their stock prices. The combined stock price of the big 3 is 96k won, Hybe is 256k, meaning they are 2.5x ahead of three companies added together. Hybe stock price is currently over 8x higher than SM's. Could they buy any of them?
SM don't have much interesting assets, Hybe has much better things to do than overpaying actors and creating variety shows, their groups are easily replaceable by anything Hybe has currently under their control, BTS long surpassed Exo, Seventeen are bigger than NCT and they have TXT and Enhyphen on the rise. SM has nothing on the GG field anymore, RV are dying, Aespa struggling and there is more hype for Source's new GG.
The takeover of YG Plus could antecipate a takeover of YG, Yang brothers loyalists are leaving the company. Hybe, through Weverse, is already the second biggest YG Plus shareholder. Bighit isn't interested in actors, YG's biggest group is a popular GG but already old meaning they don't have much time left, their old groups are dead and Treasure doesn't have a leg up on any of Hybe's BGs.
JYP offers the most interesting set of assets, Twice are aging but still popular and sell a lot, Niziu are booming in Japan and Itzy still lead the generation, 3 of the 5 best selling GGs are under JYP, could see them buying it, then merging JYP and Source and letting that side take care of Hybe GGs while Bighit and Pledis take care of the BGs.