K-netizens are saying that HYBE will basically have a monopoly on the album market if they absorb SM | allkpop

has grown to become the biggest entertainment agency in the industry, housing the top idol groups in this generation.

It is not an exaggeration to say that the two top Entertainment labels that dominate various music charts in South Korea are HYBE and SM Entertainment because most of the idol groups that fill the top rankings of album sales are from these two companies. Now Korean netizens are foreshadowing that HYBE will monopolize the album market if it absorbs SM Entertainment. This prediction came about after HYBE

that it is looking to acquire an additional 25% stake in SM Entertainment for 900 million USD, bringing its total stake in SM to 40%.

Bruh.. that means SM won't be having those iconic SMTOWN stages😭😭

Y'all don't even talk about KAKAO at this point and how their leaving their artists under the grates, and y'all be under estimating HYBE!?

How it it such a huge takeover with 34 percent? Is this just speculation? This like putting the cart before the horse?

woah what's cooking

Physical albums, maybe. But Digitals in Korea - not while there is IU.

The picture though

Tell me you suck at economics without telling me you suck at economics

But if kakao takes over SM, its over for kpop industry, they easily used media play against hybe and jyp, I can't imagine if they managed to take over SM..

So if it's JYP Entertainment then okay, but if it's HYBE then it's not?

I wanna remind you all that all the labels under hybe are all still partially or largely independent!!All the artistic decisions would all still be on SM!And I don't wanna be that person,but PEOPLE decide which album to buy, it's not like y'all are forced with a gun to the temple

🤔

don't be jealous🤣

Best selling artist is monopoly 😂😂😂😂 well they want to flop forever to avoid monopolize then

HYBE…… 👹

He's named Bang the Conqueror not for nothing.

I definitely think kakao taking over SM would have been the end of it all like they would have sucked the soul out of everything

As long as JYP doesn't enter Weverse, JYP is the only Big 4 survivor

funny how no one had a problem with it when sm ent bought up so many companies & from different sectors also. it’s only a problem when it’s hybe. how dare a nugu company build itself from the ground...

Are they forgetting that Pledis does what it wants with their artists? Do they think this won't apply to SM artists too? I got beef with Pledis over NU'EST, but, Hybe let Pledis decide if NU'EST would continue. That would apply to all the other labels too. Ppl freakin over nothin

Idk… but so far (expect for a few occasions) I have like how HYBE has managed most of their groups and partnerships. I can’t think of one group under HYBE that isn’t doing well.

I hate to see small agencies muscled out, but it isn't illegal. Maybe some of my favs will sign on to international labels.

More info about Kakao (They will not acquire more of SM)

luckily, kakao will not continue their buy if SM.

Those Cheekbones are Amazing!

LSM knew this and still preferred to sell to Hybe over kakao, he must know more about kakao that we don't 👀

And how is that different from literally every other korean conglomorate? Their entire country was built on that idea after the korean war.

SKSKSHDBD THE PICTURE

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Source: Reuters - 🏆 2. / 97 Read more »