<\/p>\n
South Korean entertainment powerhouse HYBE sold its entire 7.67% direct stake in YG Plus, a subsidiary of rival YG Entertainment<\/a>, for a total of 38.22 billion South Korean won (approx. USD $27 million).<\/p>\n The transaction was carried out through after-hours block trade on Tuesday (September 23), according to a regulatory filing<\/a>. HYBE<\/b> sold 4.86 million<\/b> shares at 7,857 won <\/b>($5.63) per share, representing a discount to YG Plus<\/b>\u2019 closing price of 8,860<\/b> won<\/b> ($6.35) a day before the disposal was announced.<\/p>\n Shares of YG Plus fell 3.6%<\/b> in Seoul trading on Tuesday. At midday trading on Wednesday, shares of the company extended their slide, falling over 7% to hit a three-month low.<\/p>\n Following the sale of its direct ownership in YG Plus, HYBE\u2019s total ownership in the YG Entertainment <\/b>unit will reduce to 10.23%<\/b> from 17.9% <\/b>as it still maintains a position through subsidiary Weverse<\/b>, South Korea\u2019s Chosun Biz <\/i>reported<\/a>. After the sale, only Weverse\u2019s stake remains, making it the second-largest shareholder behind YG Entertainment, which holds 30.22%<\/b>.<\/p>\n HYBE cited \u201coptimizing investment asset portfolios\u201d as the reason for the disposal in its filing with Korea\u2019s Financial Supervisory Service.<\/p>\n The partnership between HYBE and YG Entertainment began in 2021 when HYBE acquired a stake in YG Plus, the record distribution arm of YG Entertainment. The deal allowed HYBE artists including BTS<\/b> to distribute albums through YG Plus\u2019s network, while YG acts like BLACKPINK<\/b> joined Weverse, HYBE\u2019s superfan platform.<\/p>\n Aside from YG Plus, HYBE also offloaded its stake in another rival, SM Entertainment<\/a><\/b>, earlier this year. HYBE sold<\/a> its entire 9.38%<\/b> stake in SM to Tencent<\/b> Music<\/b> Entertainment<\/b>, China\u2019s largest owner of music streaming services, for nearly $180 million.<\/strong><\/p>\n These divestments come as HYBE continues its expansion outside Korea. Earlier this week, HYBE established<\/a> its India-based subsidiary in Mumbai, marking the firm\u2019s fifth international headquarters. The Mumbai office joins HYBE\u2019s other global headquarters in\u00a0Japan,\u00a0America,\u00a0Latin\u00a0America<\/a>, and\u00a0China<\/a>.<\/p>\n These expansions support HYBE Chairman Bang Si-hyuk<\/a><\/b>\u2019s vision of globalizing the K-pop training methodology.<\/p>\n Bang predicted that \u201cthe strategy of securing a foothold in the world\u2019s major music markets and applying this methodology is producing results, and if the current trend continues, the landscape of the global music market dominated by the Big 3 global companies will change significantly,\u201d according to a\u00a0statement<\/a>\u00a0cited by\u00a0Maeil Business Newspaper.<\/i> Music Business Worldwide<\/span><\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.musicbusinessworldwide.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" South Korean entertainment powerhouse HYBE sold its entire 7.67% direct stake in YG Plus, a subsidiary of rival YG Entertainment, for a total of 38.22 billion South Korean won (approx. USD $27 million). The transaction was carried out through after-hours block trade on Tuesday (September 23), according to a regulatory filing. HYBE sold 4.86 million […]<\/p>\n","protected":false},"author":2,"featured_media":2046104,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2046103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/09\/HYBE-sells-27m-stake-in-rival-YG-Entertainments-YG-Plus.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2046103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2046103"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2046103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2046104"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2046103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2046103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2046103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}