Some good news for the Presley family!
24.03.2023 - 09:01 / nme.com
HYBE, home to K-pop superstars BTS, is set to sell off its entire stake in SM Entertainment.Today (March 24), HYBE announced that it would accept a tender offer by South Korean internet giant Kakao and sell its 15.8 per cent stake in K-pop agency SM Entertainment, as reported by Reuters.HYBE’s share of SM Entertainment is worth about ₩564billion (roughly US$437million), based on Kakao’s March 7 tender offer to buy up to 35 per cent of SM Entertainment for ₩150,000 per share.According to Reuters, the planned sale of SM Entertainment shares by HYBE would net the K-pop giant a profit of around US$87 million, which is roughly 25 per cent higher than the price the company originally paid for the shares.Following the announcement, shares of both Kakao and SM Entertainment companies went up about half a per cent, as of 1:30pm KST.
Meanwhile, in the same time, shares of HYBE went down about half a per cent.Earlier this month, HYBE announced it would drop its bid to acquire SM Entertainment after striking a deal to “cooperate” with Kakao on “matters related to their platforms”.That statement came after SM Entertainment released a statement in support of Kakao’s tender offer, saying that the deal would “ensure autonomous and independent management of the company”.HYBE’s planned acquisition of SM Entertainment had been met with push back by SM leadership and staff, with SM CFO Jang Cheol-hyuk describing the situation as a “hostile takeover”.Meanwhile, HYBE founder Bang Si-hyuk recently revealed that the company had tried to acquire SM Entertainment two other times prior to 2023.
.Some good news for the Presley family!
The Strokes’ Albert Hammond Jr has announced a new solo album ‘Melodies On Hiatus’ and shared lead single ‘100-99’. Check it out below.The LP marks the fifth solo album for the guitarist and songwriter, following on from his 2018 release ‘Francis Trouble’.
Mijoo of girl group Lovelyz is set to make her solo debut.On April 3, Mijoo’s agency Antenna announced to South Korean media in a press release that the 28-year-old singer will be releasing solo music next month.“Mijoo is making the final touches to her solo debut in May,” said the agency, per KoreaJoongAngDaily. “We ask for your love and support for the new side of Mijoo that will show through her as a solo singer.”The announcement comes almost a year after Antenna first confirmed that Mijoo would make her solo debut.
Thania Garcia Jimin of BTS has become the first South Korean soloist to lead the singles chart with “Like Crazy” off his debut solo album “Face,” which starts at No. 2 on Billboard’s albums chart. The six-song EP, which incorporates songs in English and Korean, debuts with the equivalent of 164,000 sales in the U.S., including 124,000 copies sold as a complete package and nearly 20 million streams. The new release scored the second-biggest opening week for an album this year after Morgan Wallen’s “One Thing at a Time” broke through with half a million units. “Face” was preceded by Jimin’s first top 40-charting song as a soloist on the songs list, “Set Me Free, Pt. 2″ (debuted at No. 30). Meanwhile, “Like Crazy” tops this week’s Hot 100 chart, sliding Miley Cyrus’s “Flowers” to a No. 2 slot.
Suga of K-pop boyband BTS has announced his debut solo album under his alias Agust D.Big Hit confirmed in a tweet today that the album will be called ‘D-Day’ and is set to land on April 21 at 1pm Korean time and at midnight Eastern time.Solo music from Suga had been anticipated for some time following BTS’ hiatus. He had already announced back in February that he will be the first member of BTS to go on a solo world tour.
K-pop giants BTS may be on hiatus, but its respective members continue to make their mark on the charts as solo artists. Today, Jimin claims the band’s biggest individual Official Singles Chart success to date, as Like Crazy becomes the first-ever solo BTS Top 10 track.
EXCLUSIVE: Actor Laurence Fishburne will present a workshop of his new solo stage show Like They Do In The Movies this July as part of the New York Stage and Film Summer Season at Marist College in Poughkeepsie, New York.
Kang Daniel is opening up about his life.
John Mayer is continuing his successful acoustic tour!
Tunnock’s Caramel Wafers have been found for sale in their most remote location yet – a tiny village shop accessible only by a dirt road deep in a South American savannah.
Just weeks after bandmate j-hope made UK Official Chart history, BTS star Jimin scores the group's biggest solo success to date.
TWICE member Chaeyoung has hinted that there might be more solo projects from the group’s members in the future.In a new interview with Newsweek, the K-pop idol touched on future projects for the girl group. Chaeyoung mentioned the upcoming Japan-based sub-unit MISAMO – comprising the members Sana, Momo and Mina – but also seemed to hint to even more different sub-unit combinations.“[The three of them] are planning on working as a unit in Japan, so that’s something that’s very new in our next chapter,” she says.
Nick Cave will be embarking on a run of North American tour dates later this year.The tour will kick off on September 19 in Asheville, North Carolina before making stops in another 18 cities throughout the US. Cave will then sign off at the end of October with a pair of shows at LA’s Orpheum Theatre.The pre-sale for tickets will go live on Monday (March 27) at 10am local time, before the general sale commences on Friday (March 31), also at 10am local time.You can see the full list of dates below and buy your tickets here.SEPTEMBER19 – Asheville, NC – Thomas Wolfe Auditorium21, – Durham, NC – DPAC23 – Washington, D.C. – Lincoln Theatre25 – Cleveland, OH – Playhouse Square27 – Milwaukee, WE – Riverside Theater29 – Chicago, IL – Auditorium TheatreOCTOBER2 – Minneapolis, MN – State Theatre6 – Brooklyn, NY – Kings Theatre7 – New York, NY – Beacon Theatre10 – Boston, MA – Wang Theatre12 – Montreal, QC – Salle Wilfrid-Pelletier14 – Toronto, ON – Massey Hall15 – Detroit, MI – Masonic Cathedral Theatre17 – Nashville, TN – Ryman Auditorium20 – Atlanta, GA – Atlanta Symphony Hall22 – Dallas, TX – Majestic Theatre23 – Austin, TX – ACL at The Moody27 – Los Angeles, CA – Orpheum Theatre28 – Los Angeles, CA – Orpheum TheatreCave recently made headlines when he described the late poet and novelist Charles Bukowski as “the bukkake of bad poetry.”“I just don’t like Charles Bukowski.
Paul McCartney has long since stepped out of the shadow of The Beatles, but he’s now looking back at a moment when the idea of embarking on a solo career after the Fab Four’s breakup was seen as a huge risk.
Seal is a doting father to four children, but during the week it was a different member of his family that he ended up leaving a cute message for.The 'Kiss from a Rose' hitmaker shared a loving tribute to his adorable pet Labrador in a serene black-and-white photo. In the snap, the pup had its best puppy-dog eyes on display as it stared wistfully into the camera.
Roger Federer is investing in young tennis talent!
Flag is also available to charter at a cost of about $402,000 to $444,000 per week for summer cruising in the Mediterranean and about $450,000 to $476,000 per week for winter cruising in the Caribbean.For those of us who can only imagine what it is like to be able to afford that level of luxury, American content creator Enes Yilmazer has given us a sneak peek.Yilmazer was invited aboard Flag for four days in the Bahamas and in a 51-minute YouTube video has given fans a detailed look at the yacht Hilfiger previously described as his “most prized possession”.“I was chartering yachts for many years,” the fashion icon told Yilmazer.“My friend built a yacht and the yacht was pretty fantastic, so I bought it. It was called Faith before and now I changed it to Flag.“The reason I changed it to Flag is because my logo of my company is a red, white and blue flag and actually because of my company I was able to buy the yacht.”The yacht, built in 2000 by Feadship and bought by Hilfiger in 2017, has four decks and seven guest cabins.It is advertised to sleep 12 guests for charter, but in the sale listing, Flag is said to comfortably sleep 18 guests.
Riley Keough walks the red carpet for the premiere of War Pony during the 2023 SXSW Festival in Austin, Texas on Thursday night (March 16).
EXCLUSIVE: Riley Keough and Gina Gammell’s feature directorial debut War Pony has seen its US and Canadian rights acquired by Momentum Pictures.
HYBE founder Bang Si-hyuk has opened up about its battle against Kakao to acquire shares of K-pop agency SM Entertainment.Today (March 15), Bang delivered a keynote speech at the Gwanhun Forum, hosted by the Gwanhun Club, an association of senior journalists in Korea. Held at the Korean Press Center in Seoul, South Korea, the forum provided attendees the opportunity to gain insight into Bang and HYBE’s vision of the K-pop industry.During a Q&A session at the event, Bang opened up about HYBE’s recent attempt to acquire SM Entertainment, and its battle against South Korean internet giant Kakao over the K-pop agency.