Scooter Braun Sells Company to HYBE in $1 Billion Deal

  • 📰 papermagazine
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Chairman Bang is ballin'

. Braun is going to be joining the board of HYBE, while Scott Borchetta will still be the CEO of Big Machine.

"The inevitable joining of HYBE and Ithaca Holdings marks the start of a new adventure no one could have possibly imagined," HYBE Chairman & CEO Bang Si-Hyuk told."The two companies will work closely together leveraging our proven track records of success, know-how, and expertise to create synergy, transcend borders and break down cultural barriers.

The partners also said that the artists will also be benefiting from this, saying,"artists of both companies will participate in the capital increase of HYBE, to further strengthen the ties between the two companies." Though the specifics of the financial terms were not disclosed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'The inevitable joining of HYBE and Ithaca Holdings marks the start of a new adventure no one could have possibly imagined'... how is it both 'inevitable', and 'no one could have possibly imagined'...

🤭

Say thank you bts

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 409. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines