JYP Entertainment has acquired 23.3% stake in SM Entertainment's...

JYP better not mess up SM tho

Is this the first time JYP and SM collaborated?

bartkun

They're coming for your title's ...

Quote from Kataphract

JYP better not mess up SM tho

I don't think they can mess anything. This is more of a collab with Dear U. A sub under SM. It's because of bubble. It only means good things for both if anything.

so its jyp/sm vs yg/bighit or dear u vs weverse

Quote from Yumeku

Is this the first time JYP and SM collaborated?

No, JYP, YG and SM have collaborated several times in the past, iirc about streaming and digital platforms and such. I think they also collabed to fight against even bigger fish, like CJ E&M?

I'm not familiar with Bubble and Dear You. It's a social media platform in SK?

ah the clickbait lol

Quote from bartkun

btw. to all asking about previous JYP and SM collabo

let me remember yall about this

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This collaboration was legendary

Quote from Zenning

No, JYP, YG and SM have collaborated several times in the past, iirc about streaming and digital platforms and such. I think they also collabed to fight against even bigger fish, like CJ E&M?

I'm not familiar with Bubble and Dear You. It's a social media platform in SK?

It’s a platform for artists to connect to their fans. It’s a fan cafe or fan board.

Quote from bartkun

btw. to all asking about previous JYP and SM collabo

let me remember yall about this

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Oh damn, I'd forgotten about this one!!

The SNSD-2PM group pairing was simply legendary in 2nd gen

Quote from Yumeku

Is this the first time JYP and SM collaborated?

BLC or Beyond Live Corporation is a joint project by SME, Naver and JYPE.

But the Article differs from that as it's JYPE buying Shares in a Company or a Subsidiary of SME

Quote from Artemosia

This is a logic continuation of their partnership with Beyond Live, at least JYP's huge profits because of their lack of investment will be redirected towards innovation this time, a win for the industry. From what I understood they spent 21 billion won for 23% of just dear u, or a market capitalization of roughly $82 millions for the service.. I'd say a bit overpriced but seems like the profit/earnings ratio is huge so makes sense

Dear U's Bubble is a platform for what JYPE Idols were already doing on V Live.

The other major attraction is SME's everysing as JYPE can set up the same structure being unique to JYPE