The content originally appeared on: CNN Seoul/Hong Kong CNN - HYBE, the management agency behind superstar boy band BTS, will become the biggest shareholder of its K-pop rival, SM Entertainment. The move strengthens HYBE's dominance in South Korea's music industry, where it is already the biggest player, even as it seeks to expand abroad. The South Korean entertainment giants announced the deal Friday, with HYBE set to pick up a 14.8% stake in SM Entertainment for 422.8 billion Korean won […]
