Bang Si Hyuk reveals sadness over 'a good company like SM having such a poor governance structure' and sheds light on acquisition of SM: 'Not Monopolization' | allkpop

  • 📰 allkpop
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

Bang Si Hyuk reveals sadness over 'a good company like SM having such a poor governance structure' and sheds light on acquisition of SM: 'Not Monopolization'

In an interview withI think it's propagandistic to call it as a hostile deal." I believe it is crucial to clarify terms first. The term 'hostile deal' is not obscure, but it has a clear meaning. In economics, it basically refers to a case where a company is collected in the market against the will of a major or oligopolistic shareholder."However, we took over their stake with the consent of the major shareholder through due process.

The HYBE chairman then continued on to criticize the current condition of SM Entertainment management and stated," Rather I think it is a serious problem that management wants to run a distributed company as they wish without a major shareholder."I have long been sad that a good company like SM does not have a good governance structure. We have almost solved the governance problem through the stake acquisition this time. You can say that many people are looking forward to the effects of HYBE's acquisition of SM.

 

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

WOAHHH

bring back gfriend then we can talk

Lol what a hypocrite

buddha pagal ho gaya hai..

halah ntuttt

Yeah right

La verdad ya no se si reír o llorar, todos sabemos que SM ha tenido controversia con la forma que trata a sus artistas, a mí en lo personal no soportaba ver cómo el staff los trataba, solo espero que esto ayude y no perjudique....

Métete en lo tuyo

This man is lying. It is clear that it represents LSM. He bought the shares to help LSM stay on top of the whole thing. It's all a shame

He's right, but he's biting off more than he can chew and it is monopolisation.

Always with Sir Bang Si Hyuk ☺️

iye bang iye, udah tau poor masih mau di hap aja kan tapi 😑

HYBE exists because of BTS, and BTS military service… So everyone knows there will be days of stagnation, just don’t tell the truth…… Now HYBE MONOPOLIZATION DIVERSE K-POP

LMAO THIS NIGGA WENT ON CNN IM CRYINGGGFF

Aahhh I hate this man more and more

K-drama of the year and it's only March...

Oh, such 'genuine' concern...

Sorry but they picked such an ugly photo… it’s like the villain pic…

you're the new face of clown

karma is a bitch, darating din ang panahon mo

plastic mo, pareho lng kayo ng sm and other agencies, mga kapitalista ina nito

Sent this to my dad and even he agrees that this is all one giant lie proposed by HYBE. Big companies chase profits, not beneficial reorganizing of competitors.

Y'all think it's bad with Hybe?! Look at kakao they have more than 100 groups under their umbrella.

Fat Greedy Pig is the literal meaning of Bang Si Hyuk... Stream RedRubyDaSleeze

Kukira jyp yg paling buruk. Agensi it gk bs debut kn solo para seniornya sehingga bnyk yg memilih keluar

I follow Dana Starship on TT for the break downs about this whole thing. Everyone who thinks this is a 'hostile takeover' really needs to see her videos.

he is too hailey for us who is too selena 🤡😂

This is like the biggest bull shit ever HAHAHAHAHA There's something really wrong with people who actually believe this 😂😂😂

🤣🤣🤣🤣

This is literally monopolizing Kpop

I am wondering though if he'll be able to and/or would lift the ban they've got in JYJ members & Jessica so they can return to local music promotions

Whatever makes you sleep at night

This fatty is really disgust. He act like a glutton with his 'i want it all' behavior. His huge ass ego gonna be the fall down of his empire

These men are on sever drugs cause what are they even doing atp

I mean, two of the biggest companies in one sector merging is not monopolization ....

dude looks like a fucking villain in a Disney movie when they try to trick the protagonist, thinking they want to help.

Sure. Not monopolization.

does he think we’re idiots? do what ypu gotta do to secure money but DONT LIE TO US

He literally said SM ent current management is trash on live USA national news TV 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Ambil popcorn dulu, mau liat spombom sama patrick kelahi 🤣

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:

 /  🏆 573. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bang Si Hyuk personally addresses concerns of a 'monopoly' in the K-Pop industry in an interview with CNN | allkpopHYBE chairman Bang Si Hyuk has decided to address concerns over a potential 'monopoly' or 'oligopoly' of the K-Pop Indus… Idk like what they really wants? 💀 Kpop was k-pop until HYBE decided to take over 💀 💀
Source: allkpop - 🏆 573. / 51 Read more »