Jonathan Majors is opening up about the impact his father’s absence has had on his life.
14.02.2023 - 10:59 / nme.com
HYBE, which is moving to become the largest shareholder in SM Entertainment, has reportedly said the latter label will be able to retain its independence.Last week, HYBE announced that it had struck a deal to buy 3.5million shares in SM Entertainment from its founder Lee Soo-man and therefore acquire a 14.8 per cent stake in the agency, which is one of K-pop’s longtime “Big Three” labels alongside JYP Entertainment and YG Entertainment. The deal, once finalised on March 6, will make HYBE the largest shareholder in rival label SM.HYBE has also offered to purchase another 25 per cent of SM from minority shareholders.
However, SM’s top executives, including its co-CEOs, have stated their opposition to any “hostile takeover from outsiders, including HYBE”.At a briefing session held for HYBE employees on Monday (February 13), CEO Park Ji-won reportedly shared that SM Entertainment would be able to retain its independence following its acquisition by HYBE.“We respect SM’s legacy. We’ll ensure SM’s independence… HYBE has already proved the value of its multi-label system,” Park said, as reported by Yonhap News Agency.There are several labels currently operating under HYBE, including Big Hit Music, Pledis Entertainment and Source Music, the latter two of which were acquired by HYBE.
Through these labels, HYBE’s current roster includes artists like BTS, Tomorrow X Together, SEVENTEEN, LE SSERAFIM and more.The Yonhap report cites industry sources who also claim that Park said HYBE intends to help SM “keep and expand” its own value. Park also reportedly announced that SM founder Lee Soo-man, from whom HYBE had agreed to buy shares, will no longer participate in the company’s management and production and “take no more
.Jonathan Majors is opening up about the impact his father’s absence has had on his life.
Despite the ongoing rift between Prince Harry, Meghan Markle and the royal family, one royal expert strongly believes that the couple will still be welcomed at King Charles III’s coronation.
The sibling rivalry continues. Prince William has some strong feelings regarding his brother Prince Harry’s decision about whether to attend their father King Charles III’s upcoming coronation.
Che Lingo has released new single ‘Out The Blue’ and shared details of his sophomore album ‘Coming Up For Air’.The album follows his critically acclaimed debut ‘The Worst Generation’, and will see the AIM Award-nominated south Londoner talk about mental health and anguish to the full extent“CUFA is an intimate and personal look at myself and the people like me who find it hard to see themselves sometimes,” said Che Lingo. “The CUFA album in my own way is to let people know that they aren’t alone in these trials”.In anticipation of his follow-up record, Lingo has released ‘Out The Blue’; a sombre track to help “break out of the cycle of pressures, inherited and personal, that he and so many suffer from”.Speaking of what inspired the song, Lingo talked of “Times where I felt like I was drowning, fighting things, emotionally and mentally I couldn’t even see and repeating that cycle…This is a story about times like that and how I sung and rapped my way through it.
Krapopolis could spawn Fox’s next iconic animated figure to sit alongside Homer Simpson, Bob Belcher and Peter Griffin, according to the network’s President of Scripted Programming Michael Thorn.
Naman Ramachandran Kevin Lygo, managing director, media and entertainment at ITV, has revealed what he thinks are the key ingredients to the success of the upcoming revival of “Big Brother” on the U.K. commercial broadcaster this fall. The British version of the iconic reality TV series is set to return to screens this year after what will be a five-year hiatus on network ITV2 and streaming platform ITVX. From its launch in 2000 until 2010 the show aired on Channel 4 before moving to Channel 5 in 2011. It ran there for seven years until Channel 5 finally retired the format in 2018. Speaking to the media during an earnings call after ITV declared its 2022 financial results, Lygo said: “The key to ‘Big Brother’ is to keep it like it was in its golden period – to have it more interesting, intelligent, upmarket etc. than other reality shows. It’s a great addition to have in the autumn [fall] period.”
Sharing the love. Prince Harry gushed over his wife, Meghan Markle, while recalling the early days of their relationship.
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Zack Sharf Digital News Director Bryan Cranston said in an interview with CNN’s Chris Wallace that Donald Trump’s “Make America Great Again” slogan could be received as a “racist remark,” and he asked both Wallace and viewers at home if they’ve ever taken time to consider why that is the case. “The ‘Make America Great Again’ – my comment is: Do you accept that that could possibly be construed as a racist remark?” Cranston said. “And most people, a lot of people go, ‘How could that be racist? Make America Great Again?’ I said, ‘So just ask yourself from, from an African American experience, when was it ever great in America for the African American? When was it great?’”
SM Entertainment, HYBE has criticised a recent partnership the K-pop agency has forged with South Korean tech giant Kakao.Earlier this month, Kakao shared that it had acquired a 9.05 per cent stake in SM, which would have made it the second-largest shareholder of the company after founder Lee Soo-man. HYBE later announced that it had struck a deal to acquire a 14.8 per cent stake in SM from Lee, thus becoming its biggest shareholder.
SM Entertainment boyband NCT’s “infinite” expansion will come to an end in 2023, the K-pop agency has confirmed.On February 25, SM Entertainment shared the latest in its series of videos about its new ‘SM 3.0’ strategy. In this video, SM’s co-CEOs Chris Lee and Tak Young-jun answered fan questions and also announced the end of boyband NCT’s expansion in 2023.
EXCLUSIVE: Oscar season used to boil down to one main thing for Condé Nast: Vanity Fair‘s party. While the famed bash is back this year, there’s also a more consequential reason for the company to feel festive: The New Yorker‘s record five nominations across all three short film categories.
classic. “I’d flown out to LA for the first time with my mother.
HYBE Labels CEO Park Ji-won has issued a new open letter addressing the K-pop company’s recent acquisition of the majority stake in competing label SM Entertainment.The statement was published in Korean, English and Japanese earlier today (February 22) via HYBE’s official Twitter. It announced the completion of HYBE’s acquisition of a 14.8 per cent stake in SM, a deal which the company struck with SM founder and former chief producer Lee Soo-man earlier this month.This officially makes HYBE, home to the likes of BTS, SEVENTEEN, NewJeans and more K-pop acts, the single largest shareholder in SM.
SM Entertainment and its founder Lee Soo-man has widened further with the release of a video by the K-pop label’s CEO Chris Lee, in which he accuses Lee Soo-man of greed and airs suspicions that he attempted offshore tax avoidance, among several allegations.Chris Lee, who is also known as Lee Sung-soo and one of two current CEOs at the South Korean label, took to his personal YouTube channel to upload a 30-minute-long announcement regarding the current status of the company on February 16. The video was labelled the first part of a series of videos explaining why SM decided to sever ties with its founder Lee Soo-man (also Chris Lee’s uncle).In the video, Chris Lee accused Lee Soo-man of pushing SM to make unusual contract arrangements with a company he established overseas in a bid to avoid South Korean taxes.According to Chris Lee, Lee Soo-man had launched a new business in Hong Kong called CT Planning Limited, which Chris Lee claims is an offshore version of Lee Soo-man’s separate Korea-based consulting business, Like Planning.
SM Entertainment CEO Chris Lee (also known as Lee Sung-soo) has claimed the label’s founder Lee Soo-man is the reason why aespa’s new music has been delayed.On February 16, Lee, who is one of the K-pop agency’s two current CEOs, released a 30-minute statement regarding the company. In the video, which is the first part of a series, Lee made several allegations about SM’s former chief producer Lee Soo-man.According to Chris Lee’s video, Lee Soo-man was the reason why aespa’s music has been delayed.
The Hundred Acre Wood has seen some pretty unsettling things over the years. A honey jar shortage. Rather blustery days. The omnipresent threat of a Heffalump.
EXCLUSIVE: Blumhouse/Sony/Depth of Field’s They Listen has added Greg Hill to the Chris Weitz written and directed feature. The pic reps Hill’s second collaboration with director Weitz, having worked with him on MGM’s post-World War II thriller Operation Finale, as part of the ensemble cast that included Oscar Isaac, Ben Kingsley, Melanie Laurent and Nick Kroll.
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