K-pop giant HYBE drops bid for SM Entertainment, ending takeover battle

Korean entertainment powerhouse HYBE withdraws its plan to take control of SM Entertainment. The move is seen as the end to a weeks-long takeover battle between HYBE and social media giant Kakao Corp. Full story: https://www.rappler.com/entertainment/korean-popular-music/hybe-drops-bid-sm-entertainment-ending-takeover-battle/ Subscribe: https://bit.ly/RapplerYouTube More videos on Rappler: https://www.rappler.com/video Follow Rappler for the latest news in the Philippines and around the world. Support independent journalism. You can help power our investigative fund by donating to our crowdfunding: https://donate.rappler.com/