BTS agency HYBE seeks to take over K-pop rival SM Entertainment

South Korean entertainment company HYBE says it will buy shares worth 423 billion won or $335 million in rival SM Entertainment, seeking management rights to strengthen its position in the K-pop industry. Full story: https://www.rappler.com/entertainment/music/hybe-seeks-take-over-k-pop-rival-agency-sm-entertainment/ 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/