Respect to bang pd, founder and father of BTS. He is a legend what he has achieved worldwide with his business is impressive, Hybe is powerful, they are the dominant force and they are taking over. Every success to them.
BangPD has always been genuine when it comes to his visions and mission .. he basically started BigHit because of what's happening to the music industry in SK and wanting to save it and the potential artists. the people he employed has genuine passion to do music and earn from it by properly supporting the artists from having good people management .. he's proven all Big3 companies multiple times with actual results but they still want to bring him down. i like that this kind of beef is made public because we can see a bit of what is happening .. this is like Reborn Rich plot .. SM founder found an outsider who actually cares about the business and believes on the business principles and be able to innovate the ways so that the company can survive and flourish more and that guy is BangPDnim.
HYBE itself has always touted the growth of kpop and BTS, how its growing and expanding and controlling more of the market, yet when they want to acquire control of a company that would give them a huge portion of the industry in monopolistic action, suddenly kpop is this dying animal on its last leg as a market. HYBE themselves recently posted the record profits of every major kpop label which continue to this day, there is zero proof that what he is saying is true in any capacity.
@@yukitochan21 Capitalism is a competition. A strong group absorbs another group. It is similar in any country. The problem of market monopoly is similar in any country. The problem is not the size of power. It's a structure of power. If Hybe is monopolistic or hierarchical they are dangerous. However, Hybe's label operates quite independently. All labels are guaranteed to be autonomous. It would be a problem if there were no such autonomy. It's like all Hollywood movies are becoming similar. I think Hybe is aiming for a structural platform rather than uniformity of music. This is similar to building roads, port facilities, airports, factories, etc. for the country to develop.yup. That's what I understand.
@@lily7001 Then you should look at reality to understand the situation instead of listening to the words of someone who has a reason to make you believe otherwise. Fully acquired labels do not and cannot act on their own, if this was the case, then HYBE would have no need to restructure leadership in those labels, however that is not the case. Board of Directors and CEO positions are changed accordingly to the interests of the main company, and someone like BandPD can claim "well I don't pay much attention to what they do" well because that is true, first of all BangPD is the creative director of HYBE, he does not do the business side, of course he personally would have no reason to oversee the running of other labels and only work on creative schedules. However. ofc the leaders installed by HYBE work only in the interest of HYBE and therefor they have direct control at all times and are completely aware and active in the decision making process of every company they acquire and run. Just saying any words that you want does not change reality, HYBE is monopolistic, they wish to control 80% of the current market with the use of SM, that is not disputable because you "feel" a certain way. So save your words, if HYBE wins this. it will be trouble for the whole market, that is not a question, simply a truth.
When Bang PD answered the “hostile takeover” question it is not as black and white as the definition of those words. The reality his he is a longtime acquaintance of Lee Soo Man and respects him. As a chairman and founder of his own company himself from the ground up when it was nothing and in debt, no one understands that struggle more than they do. So when he said that it is not right that the board of directors who consists of Soo Man’s nephew in law and friends tried to make deals without Soo Man’s knowledge he meant it. He see’s it as a huge disrespect and stab in the back towards the man that built SM. That is why he said it is easy propaganda for the co-CEOs who will be ousted if HYBE gets the voting control. The governing body knew that Lee wanted to sell his stake in 2021 so they acted to try and save their own positions in the company by offering up SM to Kakao with new shares and convertible bonds that are questionable. Who is really the hostile one??
Really. Lee Soo Man who outspokenly known to said “Anywhere, but not HYBE”. And rejected Hybe’s offer early on. They personally are definitely not in any good relationship for sure. Including all the years Bighit had to suffer, because of direct sabotage and influence SM did. Lee had no choice, and HYBE did the business they’ve been patiently waiting for. Simple.
@@bottle8422 that was a past statement. Everything is not black and white. Sources say Lee Soo man offered his shares to Mr Bang. Nobody knows what circumstances forced him to go to bang for help. Now whether it is help or hostile, nobody really knows but what we know is that you can't victimize Mr Bang over matters you are not fully aware of
A hostile takeover is a takeover in management and sharepower not agreed upon by the rest of the shareholders and management. LSM had no management powers at the time of his share sale, and it seems current leaders and some shareholders do not approve their incoming. By definition, what HYBE is doing is hostile takeover except that they want a majority share giving them management rights and not full control (as of yet). This entire interview was hostile towards the currently growing KPOP market, a market which HYBE themselves continue to benefit from while we have to listen to the lie that apparently the market is dying and needs some kind of false idol white knight savior to come to its rescue in the form of a money hungry monopolistic multi-billion dollar company. If you want to sell a story, be the wolf that you are and don't wear sheep clothing to try and impress us with your humility and altruism.
I've always appreciated that Hybe does things by the books. You really can't say the same for SM. Their whole angle is reliant on propaganda and swaying the media and public by misrepresenting things. Their governance is rotten to the core. The artists have never been SM's priority. For those who know about these companies and how they've treated their artists over the years, they'll know that Hybe allows artists autonomy and creative freedom, whereas SM treats its artists as money bags and puppets. SM claims that Hybe will create a monopoly while not mentioning that the other agency Kakao, which SM wants instead of Hybe, is way closer to an actual monopoly as it covers so many vital services in Korea from banking to streaming platforms to tech and mobile networking etc. It appears that SM is scrambling because they have a lot to hide. The top management was involved in so much corruption and they're trying to pin it on the SM founder alone, when they've all been just as bad. It looks like they're scared that Hybe taking over will bring all their corruption to light.
They are being heavily bashed right now 😢 i can't help but defend them considering their humble beginnings. Can't wait for KATSEYE to debut so they could save Hybe ggs vocal reputation
I honestly think it'll be better for HYBE to invest in SM to be able to get their management back on track in order to help the artists not just musically but also mentally and emotionally.
Ikrrrr.... not shading SM but it feels like their artist struggle a lot mentally... it's not that HYBE's artist don't struggle but at least companies here trying their best to provide mentally healthy environment...
HYBE kicked out Garam from the group after merely two weeks and they want to „help” SM that literally wants to put on a lawsuit against ppl who accuse Suho of not returning designer shoes. Are you people for real?
@@weareunitedasonefamily You wish 😂 your shitty company made one of the shittiest things you could do to a human who devoted years of training to you and HYBE stans EVEN NOW are trying to blame kakao 😂 this is more embarrassing than HYBE bragging he’ll get 25% shares and in the end getting 0.98% lmao
Time will prove Bang PD Right. He has always had a vision that's a bit more advanced than common understanding. Mainly because he doesn't seem to move from a place of greed. Take BTS as the perfect example of how Bang PD moves. 💜 👑 💜 He is the standard!
Time is the best solution to everything, and what I like about this man he does his thing in silence and his work speaks for itself. He is not into media for praises or negativity about others but in the end he wins,coz he is always doing it right
BTS is the ONLY example, that's my issue. The guy has one hyper popular group and suddenly he's a hotshot? The traditional big 3 were called that way because they have decades of producing multiple successful artists who defined their generations. All this guy did was leverage his one successful group to buy other labels and groups. It's like he knows he won't strike gold again like he did with BTS, so instead of trying to compete, he's just going to buy his competition instead.
Love that Bang Shihyuk PD nim doesn't beat around the bush and gets straight to the point. His strategy has revolutionized how people consume "kop" over the years and that's proof enough.
Reading Hybe and Big Hit history, I think SM will be benefited from the take over. It's a new way of doing things and its proven to be successful. I think SM is just afraid of change and their ego got in the way. Sometimes its not as dramatic as the media portraying it. SM is just comfortable of how they run things based on an old traditional business model.
Saw this interview months ago during the height of Hybe's "hostile takeover", but I'm glad Hybe eventually backed out of that deal. SM's top management was just found guilty of market manipulation this week arising from this deal. Meanwhile, Hybe announced expansion to Latin America the same week a conviction was announced. SM had its chance to clean its ranks and provide better environment for its artists and staff and they all lost it because of greed.
The way some people misunderstood Bang PD is very bad he is a very serious and genuine person when it come to their artists and music everyone knows what he has done for BTS and how both of them together made such a successful growth and SM they ar3 accusing hybe like they have taken the shares illegally and in the coming years growth in sm artists will be clearly visible.
I normally see a lot of negative twitter trends about the unfair treatment of certain members and then this Solo era certain members not working or being promoted I'm starting to see things differently...
Twitter is full of immature kids, making fuss on something they hardly know. BTS has grown up and now persue their own career individually according to their own individual wish. Some of the members are ready to continue working with their own individual term, some seem still want to lay back a bit. It is up to them. They have been non stop working with very little breaks for about more than 8 years. Please do not force them to work again if they still want to take rest.
Lo que mie esposo dice es que podría parecer un monopilio en Corea pero en realidad debe fortalecerse porque en el exterior HYBE es chiquitito, si lo comparas con las disqueras que llevan años.
Así es, HYBE aún es chiquito hasta comparado con disqueras Japonesas, imagínense comparado con las estadounidenses. Me da mucha curiosidad que tan grande vaya a crecer HYBE en los próximos años.
@@Dani.Torres puede crecer como estancarse, el mundo cambia y los gustos también. Lo que hoy está de moda no va a estar mañana. Cualquier cosa puede pasar
10 years now, I've been addicted to K-drama & Kpop. Watched Arirang TV and loved the choreography & costuming. Rain, Super Junior, Big Bang, 2pm and Got 7 + others more than BTS for me.
I think SM artists have a very big advantage if HYBE implements how they work in SM's management which basically means the management won't be able to earn the money they are earning now on their artists hardwork. SM's management said that HYBE will give all their best songs to their artists (they are clearly pointing it at BTS) and their artists will get bad songs but who is gonna tell them artists under HYBE work for their music, the music is not handed to them. These days all artists under SM pretty much sounds the same. I really hope HYBE takes over SM so that artists under SM can grow as an artist instead of working for comeback after comeback.
The Hybe takeover is the best thing that could happen to SM artists.They could release the songs THEY like, making actual fair money from it while enjoying Hybes eatablished structures in the international market.
there is no concept of self music production in sm like no autonomy over their music the artist's there are mouth fed every thing this screams peak bot behavior so unnatural I don't know why sm thinks hybe the company of bts will dare to make any bad song its not their vocabulary.
@@Carlos2400 power and money. They pretty much handed over what LSM had to Kakao. Someone called it like selling the artists under SM Ent. as slaves to Kakao and unfortunately it isn't wrong. SM artists are known to have the least autonomy and are also paid the least percentage by a long shot in the bigger Idol market.
I agree it seems as though hybe let's their artist show their skills in creating music and choreography but SM kind of puts in the back burner like jyp
SM management is upset because the financial changes Hybe could make could shift profits from them as management to shareholders and artists. They need shareholders to believe the lie and they can keep artists quiet. They want to control the same finances they were allowing the be mismanaged this whole time instead of it being managed by Bang PD, who has legally built an empire bigger than SM and did it under better work conditions and with better pay to his employees and artists. He has proven himself to be an honorable businessman for decades, unlike the SM management leading it to ruin and Kakao. History shows who can be trusted here.
The capital inflow from the initial public offering and strategic collaboration with Naver has begun to drive K-pop's structural growth. The old system began to disappear after the emergence of Hive and JYP, and is actually more democratic than the Western system. Although there is Saudi money behind Kakao, Hive will eventually become the largest shareholder of SM. With a genius strategist like Bang Si-hyuk at the helm, the next chapter of K-pop will surely be even more brilliant. This is because it is absorbing music resources from all over the world and maintaining a crisis-based management environment.
Inilah bang PD pemimpin yang baik, bagus maka artisnya juga baik dan bagus.dulu bukan siapa*sekarang jadi luar biasa dan tetap sama rendah hati gak berubah.
In the behavior and gestures of the interviewer, seems to the look of Asians being looked down upon. However, Bang PD is a genius and answers very intellectually well.
we knw from where bangtan started , it's our Bang PD , he taught BTS the values , he is amazing , I am so happy to watch this interview and his way of putting things amazed me .
Chairman Bang Si-Hyuk, As one of your shareholders, I'd like this deal with KaKao completed asap. You already have a working relationship that is friendly with them. The important thing is that all SM artists and actors are properly respected and given their stocks in the company especially Super Junior, EXO,. and opportunity to sit on your corporate boards so shareholder value may be advanced and increased.
all the people against hybe investing in sm dont realize that they are fighting kakao. if it wasnt hybe investing, it would be kakao expanding their monopoly into the entertainment industry (very bad) and giving sm artists an unfair advantage since kakao owns melon music awards
@催眠SUJI kakao is a monopoly in all of korea, not kpop.. they already own practically everything, the point is that u dont want them owning the music industry too... can u read or..
@@octoberrrrrrr The thing is that I ONLY care about Kpop. Idc if Kakao owns 10, 20, 50 companies outside in Korea. I’m not here for Korean economy, I’m here only for kpop and HYBE takes half of the industry with BTS, SVT, NewJeans, TXT and Enhypen. And you compare it to IU, monsta x and IVE. Bfr…
@@hara2009 u really dont have the perceptual skills or were u just born dumb ? Thats a literal english comment in the most possibly simple words ever created for them 😭
I know they feel speaking Korean expresees more clearly what they feel. But I'm shocked he didn't speak English. The man's a genius. His English is prolly better than mine
I do wonder if people would have so much praise for bang pd if bts weren’t the success they are now cause it seems there’s a lot of bias towards him hybe/bighit cause of peoples bias for bts regardless whose actually in the right or wrong regarding this
The only ppl who enjoy this circus are HYBE stans and some aespa fans who are pissed coz of comeback delay. And with all due respect to them, a CB delay is not valid reason to give up the entire company…
Bang PD is such a visionary! This is such a great interview! So fascinating to hear directly from Bang PD his thoughts over recent issues. Love hearing about his philosophies.
Army is a great asset to Hive and shows its influence on the world. They want ARMY to acknowledge and support Hive, not just support BTS. This is because ARMY has the power to encompass various classes of the age, knowledge, various occupations, politics, economy, and art. This is because it is a result achieved by Chairman Bang Si-hyuk, BTS, and ARMY together. We are proud of and admire their achievements. I hope that the world they created will not stop, and go further in the future.
KPOP's current foray into the United States is reminiscent of the Mongols' conquest of the European continent in the 12th century... In popular music, American pop was truly an empire with a stronghold that no one could challenge. However, over the past 10 years, KPOP has been slowly looking for an opportunity to attack the U.S. market, where American pop has a stronghold that seems unbreakable. The first attack was BTS. In fact, BTS was only the vanguard of the KPOP offensive. However, the power of BTS, the main force of the first offensive, was unexpectedly strong. BTS's power was so powerful that the United States thought that BTS was the main force of KPOP... BTS's advance into the United States was so powerful. Due to this attack, the American music market, excluding mainstream pop, lost all non-mainstream pop markets such as Asian and Latin. However, BTS' selection offensive eventually slowed down for 22 years due to member military service issues. While the KPOP offensive slowed down, American pop changed the Billboard chart counting method to prepare for the second major KPOP offensive, but in the end, KPOP's first major attack began. The main force of KPOP's first base offensive was the KPOP girl group army, which was made up of a coalition of 3rd generation top girl groups such as Blackpink and Twice and 4th generation new girl groups such as New Jeans, Le Seraphim, Ive, and Aespa. This KPOP girl group's offensive in the United States and even Europe is different in terms of quantitative scale from the previous attack on the United States by KPOP Sunville University BTS. It can be said that they are literally bombing the American and European pop markets indiscriminately from all directions. As such, KPOP's current foray into the American and European pop market is reminiscent of Mongolia's conquest of Europe in the past, as mentioned earlier... Nevertheless, it is true that conquering the American pop market is not easy. The United States is currently the world's most powerful pop empire, with many of the world's most powerful pop singers, including Taylor Swift, Justin Bieber, and Ariana Grande. It is thought that KPOP is currently preparing for the second major KPOP offensive. The second major attack is expected to be a BTS-level KPOP elite boy group. And the moment this 2nd KPOP base is fully formed, KPOP will launch an all-out war against the US and European markets, putting its fate at stake...
Its not a hostile take over if shares were willingly given up and purchased.......LOL Also Hybe does not want control they want to help SM management better and give better autonomy and artistic creativity to their artists. Even the most die hard SM fans know there has been some completely rotten things in SM. The SM management will never accept this as it does away with their current dodgy practices. However I appreciate not everyone is going to be accepting of this thou......
hybe is the future of kpop - respect for the artist, creative freedom etc - while SM is the dark and ugly past. it's so ironic that bang pd was asked about kpop factories when it was SM who practiced this while he, BTS and hybe stood against it. it is no wonder the SM management is so against hybe taking over, bang pd won't let them continue with their countless grifts robbing the artists blind.
Actually, after they got rid of LSM from the top position, they were supposed to give more profit to the artists, producers, and other workers. I am not sure how it was going to be implemented, but that is what was supposed to happen. They even terminated the contract with LSM's offshore production company. They were basically going to almost copy how HYBE was set up with their artists, supposedly.....
All companies under hybe work independently and manger their own artists. Each company makes their own decisions. It is a artist right to renew their contract or not. Hybe doesn't have any authority to disband any group. Hybe supplies resources and financial backing.
A company belongs to the shareholders, not the management. The owners are who holds the stocks. Every one of them have as much right as the number of shares they hold. But, the current SM management acts as if they are the owners. The previous board meeting elected them. But, if the new board meeting wants them out. They are out. As simple as that. However, they don’t wanna be out. They are doing something, trying to appeal to public, not shareholders, in order to keep the power. Rather they cannot afford to be out because there are too many, way too many, accounting schemes to be discovered when they are out. Most importantly, I don’t think they are doing good job as the management.
Bang sir is on point when he said that sm ent. has not seen good governance since a long time (along the same line.). I am sooooooooo looking forward to this mixing... IMAGINE!!!!! All the good artists of both the companies and who knows... BTS x EXO... who knows... ^^^^^^
Why people leaving comments get deleted when they talk about the shame of IU singer in South Korea copying other musician's arts from all over the word with over 50 different songs ? Whats happening in entertainment companies in South Korea ?
SM ex ceo uploading videos on sm TH-cam channel (which is meant for artist) without putting actual evidence and facts trying to play victim cards… bang sir be like hold my beer let me do the interview with CNN (world class news channel ) and put the facts on table. Not making their or SM artist as shields straight facts on the table. Right now whole scene is like k drama. I am damn sure LSM nephew has become greedy because of all free position he got from LSM. He has not even work 2% of what LSM OR BANG has worked for kpop industry.
I don't think people in the comments truly understand the economics side of this, they're mostly just speaking from an emotional viewpoint and not a very objective one.
Good on your strong stance, but I saw a video the other day about the internal history of SM and their in fighting with LSM and it was rather tragic and at the expense of SM. Loosing him appeared to be great for SM however they have to correct it all now and keeping in mind LSM was there for so long. The management if it can change will take a while to change and if I was them I would be very cautious if not resentful of another finger in the pie to mess things up. The fact that like you I see so much of what Hybe can do and could help SM accomplish is great, but for SM people they will not see this nor want to understand it.......
Muita rivalidade... não compreendo como tem gente que não torce para o sucesso de outra empresa, uai, fazem parte do mesmo ramo musical🤷🏻♀️. Eu sou fã da Hybe e SM, e o que mais importa é o sucesso de cada grupo. NÃO, A HYBE NÃO COMPROU A SM, COMPROU APENAS AÇÕES🙄 parece que não entendem o ramo dos negócios
I think this title ‘we are not trying to take over the whole industry’ is not good. It’s not carrying the whole interview, and Bang pd did not exactly say that. It’s not the right focus to know about his management philosophy, word, and K-pop. Of course he is a ceo, he would want to make their company grown. But the fact is, He is saying that their occupancy rate in record market is actually not that high. I think this title maker is just a British, who doesn’t really understand about the actual K-pop and their interview also, and just see in narrow perspective.
Leave SM alone. As SM stan we do NOT want you part of SM. SM will always be SM, the only pioneer of KPOP. Deja a SM en paz. Como SM stan NO te queremos parte de SM. SM siempre será SM, la única pionera del KPOP.
With all due respect, that's actually not the definition of a hostile takeover. lol. Usually when a business acquires another, it's through the mutual agreement of both businesses (i.e. the board of directors and management teams). If you go directly to the shareholders with a tender offer, then that is the textbook definition of a hostile takeover. I like HYBE and this was definitely the right move to make. (Why wouldn't you buy a lucrative business like SM?) But there is no need to lie. Call a spade a spade. This is a hostile takeover.
@@reyconui so that’s where this whole situation gets complicated. Technically you need 50-51% for it be an acquisition and therefore a takeover. However acquiring 40% theoretically gives you enough voting power that you can essentially gain control assuming you can get just 10% of the minority shareholders to vote with you. The tactics used by HYBE are what is done in a hostile takeover though. I can’t blame them though. If Soo Man offered me SM at a discount I wouldn’t go to the board of directors either. Lol
@@JDZ0221 But apparently, what HYBE is doing isn't illegal, right? I mean I know it can be viewed as unethical by some hypocritical parties, but the tactics Hybe is employing are within legal boundaries, di ba?
@@JDZ0221 I agree btw sa acquisition and takeover points mo. That's what I know as well. What I didn't quite get a grasp of was that their tactics are almost akin to a hostile takeover na pala.
@@reyconui so I feel like people get thrown off by the word “hostile”. It makes it sound illegal or threatening. It’s only hostile because SM as a company never agreed to it. But it’s all legal. Nothing illegal that I know of so far.
Lots of hybe stans here worshipping this dude (who has a messianic complex) and acting like a cult. This interview is such a desperate move to get sympathy for the hostile takeover he's trying to do and based on the court decision against kakao buying shares, he's winning for now. Still doesn't make him less of a greedy sob. I don't care about the other side either, but people acting like doing his shopping spree of companies is okay because they think he can do no wrong is so cringe.
Relax. All your favorite mediocre SM groups are safe. You don't have to project your insecurities (about SM and your obsessive allegiance to SM) onto a successful man and company
@H D hahaha. When did i make it obvious? You're assuming things. Just like you all assume this greedy guy is a good man. The media play is the obvious one and you're all falling for it even if he's literally buying those shares from an embezzler and convicted tax evader. That alone should be a red flag regardless of who you support
@@pokpokishification I don't understand anything you wrote in your last message beyond the revelation that you don't know anything about business or music.
So where great successes and money, ordinary human honesty also ends ..... BTS as the proverbial "negro did his job, now he can leave" ... this is how, unfortunately, a chapter of their life ends ... I'm just an ordinary old man but for a long time various official "ceremonies" offended me with such political falsehood .... Passports of Culture Ambassadors, Expo 2030 celebrations, Grammy nominations, Interviews in American programs below the level, sometimes sentences taken out of context .... Everyone just wants make money on these young people, wonderful, brilliant.... Now is the opportunity, they will go to the army and there will be no one to defend them .... Military matters also look terrifying, and in the army it is hard and dangerous.
Very strange, choppy video editing and YT translation coming from the very start of this video. Si-Hyuk says something like “to be what?”, and YT translates it back to this British journalist as “to be all white?”. What!? Very awkward conversation / translation!
Nonsense. Hybe is trying to take over the industry. Hybe doesn't care about artists or fans or music. Hybe cares about money full-stop. Why didn't you ask him why Hybe didn't give one of heir main artist's debut solo album proper management? Hybe is claiming to be able to promote artists well in America but they didn't distribute j-hope's debut album singles to American radio stations despite radio stations requesting it. They didn't give More a digital store and only gave his album one because fans made a fuss over it but it was 5 days late. Even j-hope's latest release, On The Street featuring JCole, wasn't going to get a pre order digital store until fans demands for one got press coverage. The album was only released in a physical form that doesn't count on American charts either because Hybe chose it or because they failed to give their artist adequate advice and guidance. All of these failings, and the rest hampered the results for j-hope's solo debut especially in America. So either Hybe is lying about being "good at promoing artists in America" or they did it on purpose, either incompetent or sabotaging. Neither provides any faith that they will do right by artists under SM. Then there are the issues of how Hybe treat fans. Why didn't youbask them why weverse, Hybe's flagship retail division, doesn't post to several countries, the UK, one of the top music markets in the world, being one of them? Or why it changes such ridiculous and out of proportion postage fees to the countries it does post to? Why it makes fans basically pay twice to get tickets by making all tickets available to fans who buy membership only knowing full well the tickets will sell out so there will be none left for general sales, forcing fans to buy membership for any chance of tickets? These and so many more questions should have been asked of him, but like with bts I'm guessing you had to get approval of what questions you could ask. Or you simply didn't do your full research such as ask the fans ie the consumers and dig just a bit more than surface level. FYI, the fans commenting here praising Hybe and Bang are the surface level. They are his fans more than they are fans of artists and music despite what they think or claim. But you'd know that if you actually investigated. Sadly gone are days journalists did that.
Hybe cares about its artists and music. You talk so much nonsense when you don't even know how hybe works. All of the companies under hybe work independently. They manage, promoting and music production. All companies make their own decisions. All the artists have creative freedom and a say in everything they do and don't do. Hybe supplies resources and financial backing.
About 5year ago or even 1 year ago, Ppl still admire and respect for LSM as 'Teacher' in whole world But now with the scandal exposed Bang PD sudden became the light of 'KPOP' Fuck it all Business is business, and we do not need to parise Bang as the savior Like k netizsn said, it just about money The development on hybe hurt becoz BTS are starting to serve in military, so they want to find something help And SM entertainment is the second big agency and label , the farce between sm and LSM give hybe and Bang PD chance Thats it hybe want ARMY to help them be the voice support them to do this and SM&kakao want people against it The funny thing i see here is ARMY or Hybe stan really think hybe are trying to help or save SM but the fact is they are worried about SM+Kakao can challenge HYBE since without the huge power of BTS in short time
wth are you talking about? just say you are sm stan. Bruh SM's ceo is who ran to hybe for help. Poor man betrayed by his own nephew. If you don't know real situation just shut tf up.
talk about yourself only. Don't put everyone in same place as you. Who cares about your opinion. If you want to know who is real monopoly. Then search more about kakao.
En pocas palabras es un me vale madre que los empleados de la sm no me quieran ni a mi empresa y que al final él puede cambiar las a cosas a su manera, bueeee.. y todo los demás solo es pura palabrería en términos bonitos, la ambición al final es la que está hablando y se nota
These comments are crazy 😭 he’s not coming into SM (against management & employees’ will mind you) out of the kindness of his heart. He’s trying to make money! And with BTS continuing to enlist, HYBE is going to do anything they can to take control of SM and cushion the revenue drop.
What business isn't? At least artists under HYBE have more creative freedom instead of being 100% control by SM. Some 2nd gen groups in SM still can't even write or control their own music. They are still idols after all the years and not real artists.
The interview questions regarding Kpop were too broad, biased, and obsolete. It's possible that the interviewer lacked the expertise to inquire about Kpop. Those familiar with Bang Si Hyun and his company Big Hit or Hybe are aware that he intentionally implemented a new approach due to the unacceptable state of the music industry in Korea. BTS's immense popularity can be attributed to this distinctive set of values and beliefs that Bang Si Hyuk brought to the Kpop and music industry.
SM is losing very big chance of getting better. HYBE can help them reach good heights. SM doesnt care about their artist but HYBE does. SM artist would have been in safe hands if they were with HYBE. SM's ego will eat up the company one day.
I think atleast SMs artist will get more comebacks & freedom to express through music i guess. Group like NCT & EXO needs more exposure & artistic freedom
I don't fully understand this extension on Hybe... It feels more like a mentality of manegment of the artist more than influence over the music, which might not be so bad, yet to see how the American artists are managed... As for the SM share holders, don't really care about their money, sure they have enough and making money didn't made them care more about the artists, about those young humans well being... Of course that they are not happy about making a little less.. Even tho in the long run they might make more, cause as we've seen Bang Pd has good experience in making money:)))
Bang PD has a wider and long vision, unlike those who missunderstand him and call him hostile or whatever. They are in different level.
Respect to bang pd, founder and father of BTS. He is a legend what he has achieved worldwide with his business is impressive, Hybe is powerful, they are the dominant force and they are taking over. Every success to them.
BangPD has always been genuine when it comes to his visions and mission .. he basically started BigHit because of what's happening to the music industry in SK and wanting to save it and the potential artists. the people he employed has genuine passion to do music and earn from it by properly supporting the artists from having good people management .. he's proven all Big3 companies multiple times with actual results but they still want to bring him down. i like that this kind of beef is made public because we can see a bit of what is happening ..
this is like Reborn Rich plot .. SM founder found an outsider who actually cares about the business and believes on the business principles and be able to innovate the ways so that the company can survive and flourish more and that guy is BangPDnim.
HYBE itself has always touted the growth of kpop and BTS, how its growing and expanding and controlling more of the market, yet when they want to acquire control of a company that would give them a huge portion of the industry in monopolistic action, suddenly kpop is this dying animal on its last leg as a market. HYBE themselves recently posted the record profits of every major kpop label which continue to this day, there is zero proof that what he is saying is true in any capacity.
Not capitalism having fangirls jesus christ
@@yukitochan21 Capitalism is a competition. A strong group absorbs another group. It is similar in any country. The problem of market monopoly is similar in any country. The problem is not the size of power. It's a structure of power. If Hybe is monopolistic or hierarchical they are dangerous. However, Hybe's label operates quite independently. All labels are guaranteed to be autonomous. It would be a problem if there were no such autonomy. It's like all Hollywood movies are becoming similar. I think Hybe is aiming for a structural platform rather than uniformity of music. This is similar to building roads, port facilities, airports, factories, etc. for the country to develop.yup. That's what I understand.
@@lily7001 Then you should look at reality to understand the situation instead of listening to the words of someone who has a reason to make you believe otherwise. Fully acquired labels do not and cannot act on their own, if this was the case, then HYBE would have no need to restructure leadership in those labels, however that is not the case. Board of Directors and CEO positions are changed accordingly to the interests of the main company, and someone like BandPD can claim "well I don't pay much attention to what they do" well because that is true, first of all BangPD is the creative director of HYBE, he does not do the business side, of course he personally would have no reason to oversee the running of other labels and only work on creative schedules. However. ofc the leaders installed by HYBE work only in the interest of HYBE and therefor they have direct control at all times and are completely aware and active in the decision making process of every company they acquire and run.
Just saying any words that you want does not change reality, HYBE is monopolistic, they wish to control 80% of the current market with the use of SM, that is not disputable because you "feel" a certain way. So save your words, if HYBE wins this. it will be trouble for the whole market, that is not a question, simply a truth.
When Bang PD answered the “hostile takeover” question it is not as black and white as the definition of those words. The reality his he is a longtime acquaintance of Lee Soo Man and respects him. As a chairman and founder of his own company himself from the ground up when it was nothing and in debt, no one understands that struggle more than they do. So when he said that it is not right that the board of directors who consists of Soo Man’s nephew in law and friends tried to make deals without Soo Man’s knowledge he meant it. He see’s it as a huge disrespect and stab in the back towards the man that built SM. That is why he said it is easy propaganda for the co-CEOs who will be ousted if HYBE gets the voting control. The governing body knew that Lee wanted to sell his stake in 2021 so they acted to try and save their own positions in the company by offering up SM to Kakao with new shares and convertible bonds that are questionable. Who is really the hostile one??
Agree
Really. Lee Soo Man who outspokenly known to said “Anywhere, but not HYBE”. And rejected Hybe’s offer early on. They personally are definitely not in any good relationship for sure. Including all the years Bighit had to suffer, because of direct sabotage and influence SM did.
Lee had no choice, and HYBE did the business they’ve been patiently waiting for. Simple.
@@bottle8422 that was a past statement. Everything is not black and white. Sources say Lee Soo man offered his shares to Mr Bang. Nobody knows what circumstances forced him to go to bang for help.
Now whether it is help or hostile, nobody really knows but what we know is that you can't victimize Mr Bang over matters you are not fully aware of
Exactly
A hostile takeover is a takeover in management and sharepower not agreed upon by the rest of the shareholders and management. LSM had no management powers at the time of his share sale, and it seems current leaders and some shareholders do not approve their incoming. By definition, what HYBE is doing is hostile takeover except that they want a majority share giving them management rights and not full control (as of yet). This entire interview was hostile towards the currently growing KPOP market, a market which HYBE themselves continue to benefit from while we have to listen to the lie that apparently the market is dying and needs some kind of false idol white knight savior to come to its rescue in the form of a money hungry monopolistic multi-billion dollar company. If you want to sell a story, be the wolf that you are and don't wear sheep clothing to try and impress us with your humility and altruism.
I've always appreciated that Hybe does things by the books. You really can't say the same for SM. Their whole angle is reliant on propaganda and swaying the media and public by misrepresenting things. Their governance is rotten to the core. The artists have never been SM's priority. For those who know about these companies and how they've treated their artists over the years, they'll know that Hybe allows artists autonomy and creative freedom, whereas SM treats its artists as money bags and puppets.
SM claims that Hybe will create a monopoly while not mentioning that the other agency Kakao, which SM wants instead of Hybe, is way closer to an actual monopoly as it covers so many vital services in Korea from banking to streaming platforms to tech and mobile networking etc. It appears that SM is scrambling because they have a lot to hide. The top management was involved in so much corruption and they're trying to pin it on the SM founder alone, when they've all been just as bad. It looks like they're scared that Hybe taking over will bring all their corruption to light.
Well said......agree
Facts
Agree
so true 👍🏻
so true 👍🏻
We love Hybe❤❤...never thought I would stan a whole comany and 90% of it's artists...
They are being heavily bashed right now 😢 i can't help but defend them considering their humble beginnings. Can't wait for KATSEYE to debut so they could save Hybe ggs vocal reputation
I hope he always stay happy and healthy, I hope the proof of his vision for SM come smoothly and quick so they can stop talking bad at him.
remember..”we believe in music” 🙌🏻
I honestly think it'll be better for HYBE to invest in SM to be able to get their management back on track in order to help the artists not just musically but also mentally and emotionally.
Ikrrrr.... not shading SM but it feels like their artist struggle a lot mentally... it's not that HYBE's artist don't struggle but at least companies here trying their best to provide mentally healthy environment...
HYBE kicked out Garam from the group after merely two weeks and they want to „help” SM that literally wants to put on a lawsuit against ppl who accuse Suho of not returning designer shoes. Are you people for real?
@@hara2009 Actually this case about Kim Garam is because of Kakao's mediaplay, in short trial by publicity.
@@weareunitedasonefamily You wish 😂 your shitty company made one of the shittiest things you could do to a human who devoted years of training to you and HYBE stans EVEN NOW are trying to blame kakao 😂 this is more embarrassing than HYBE bragging he’ll get 25% shares and in the end getting 0.98% lmao
Time will prove Bang PD Right. He has always had a vision that's a bit more advanced than common understanding. Mainly because he doesn't seem to move from a place of greed. Take BTS as the perfect example of how Bang PD moves.
💜 👑 💜 He is the standard!
Time is the best solution to everything, and what I like about this man he does his thing in silence and his work speaks for itself. He is not into media for praises or negativity about others but in the end he wins,coz he is always doing it right
BTS is the ONLY example, that's my issue. The guy has one hyper popular group and suddenly he's a hotshot? The traditional big 3 were called that way because they have decades of producing multiple successful artists who defined their generations. All this guy did was leverage his one successful group to buy other labels and groups. It's like he knows he won't strike gold again like he did with BTS, so instead of trying to compete, he's just going to buy his competition instead.
Love that Bang Shihyuk PD nim doesn't beat around the bush and gets straight to the point. His strategy has revolutionized how people consume "kop" over the years and that's proof enough.
Reading Hybe and Big Hit history, I think SM will be benefited from the take over. It's a new way of doing things and its proven to be successful. I think SM is just afraid of change and their ego got in the way. Sometimes its not as dramatic as the media portraying it. SM is just comfortable of how they run things based on an old traditional business model.
Saw this interview months ago during the height of Hybe's "hostile takeover", but I'm glad Hybe eventually backed out of that deal. SM's top management was just found guilty of market manipulation this week arising from this deal. Meanwhile, Hybe announced expansion to Latin America the same week a conviction was announced. SM had its chance to clean its ranks and provide better environment for its artists and staff and they all lost it because of greed.
I thoroughly enjoyed this, great Job hitman Bang
Cheering for you Mr. Bang! Thank you for bringing BTS to the world 💜💜💜💜💜💜💜
The way some people misunderstood Bang PD is very bad he is a very serious and genuine person when it come to their artists and music everyone knows what he has done for BTS and how both of them together made such a successful growth and SM they ar3 accusing hybe like they have taken the shares illegally and in the coming years growth in sm artists will be clearly visible.
Bang PD is so awesome. I love hearing him talk
Bang is such an interesting man, not a lot of people like them in big business
I normally see a lot of negative twitter trends about the unfair treatment of certain members and then this Solo era certain members not working or being promoted I'm starting to see things differently...
People need to understand that all 7 bts members are in control of their solo activities. They make all of their own decisions.
Twitter is full of immature kids, making fuss on something they hardly know. BTS has grown up and now persue their own career individually according to their own individual wish. Some of the members are ready to continue working with their own individual term, some seem still want to lay back a bit. It is up to them. They have been non stop working with very little breaks for about more than 8 years. Please do not force them to work again if they still want to take rest.
Lo que mie esposo dice es que podría parecer un monopilio en Corea pero en realidad debe fortalecerse porque en el exterior HYBE es chiquitito, si lo comparas con las disqueras que llevan años.
Al sobrino que llegó a su cargo por nepotismo: "no aguantaste verdad panzona?"
Así es, HYBE aún es chiquito hasta comparado con disqueras Japonesas, imagínense comparado con las estadounidenses.
Me da mucha curiosidad que tan grande vaya a crecer HYBE en los próximos años.
@@Dani.Torres puede crecer como estancarse, el mundo cambia y los gustos también. Lo que hoy está de moda no va a estar mañana. Cualquier cosa puede pasar
10 years now, I've been addicted to K-drama & Kpop. Watched Arirang TV and loved the choreography & costuming. Rain, Super Junior, Big Bang, 2pm and Got 7 + others more than BTS for me.
I think SM artists have a very big advantage if HYBE implements how they work in SM's management which basically means the management won't be able to earn the money they are earning now on their artists hardwork. SM's management said that HYBE will give all their best songs to their artists (they are clearly pointing it at BTS) and their artists will get bad songs but who is gonna tell them artists under HYBE work for their music, the music is not handed to them. These days all artists under SM pretty much sounds the same. I really hope HYBE takes over SM so that artists under SM can grow as an artist instead of working for comeback after comeback.
The Hybe takeover is the best thing that could happen to SM artists.They could release the songs THEY like, making actual fair money from it while enjoying Hybes eatablished structures in the international market.
there is no concept of self music production in sm like no autonomy over their music the artist's there are mouth fed every thing this screams peak bot behavior so unnatural
I don't know why sm thinks hybe the company of bts will dare to make any bad song its not their vocabulary.
@@jiminrexia SM doesn't really think that. It's just that they don't want to lose control of the power they have now.
@@Carlos2400 power and money. They pretty much handed over what LSM had to Kakao. Someone called it like selling the artists under SM Ent. as slaves to Kakao and unfortunately it isn't wrong.
SM artists are known to have the least autonomy and are also paid the least percentage by a long shot in the bigger Idol market.
I agree it seems as though hybe let's their artist show their skills in creating music and choreography but SM kind of puts in the back burner like jyp
SM management is upset because the financial changes Hybe could make could shift profits from them as management to shareholders and artists. They need shareholders to believe the lie and they can keep artists quiet. They want to control the same finances they were allowing the be mismanaged this whole time instead of it being managed by Bang PD, who has legally built an empire bigger than SM and did it under better work conditions and with better pay to his employees and artists. He has proven himself to be an honorable businessman for decades, unlike the SM management leading it to ruin and Kakao. History shows who can be trusted here.
The capital inflow from the initial public offering and strategic collaboration with Naver has begun to drive K-pop's structural growth. The old system began to disappear after the emergence of Hive and JYP, and is actually more democratic than the Western system.
Although there is Saudi money behind Kakao, Hive will eventually become the largest shareholder of SM.
With a genius strategist like Bang Si-hyuk at the helm, the next chapter of K-pop will surely be even more brilliant.
This is because it is absorbing music resources from all over the world and maintaining a crisis-based management environment.
Inilah bang PD pemimpin yang baik, bagus maka artisnya juga baik dan bagus.dulu bukan siapa*sekarang jadi luar biasa dan tetap sama rendah hati gak berubah.
In the behavior and gestures of the interviewer, seems to the look of Asians being looked down upon. However, Bang PD is a genius and answers very intellectually well.
Wow so humble 👏
i trust this man with my life.
They are giving me Villain vibes 😅😂
Your instincts are dead on! 🤣🤣🤣
an insightful interview! bang pd knows his business. his fatherly smile at the mention of bts says it all.
we knw from where bangtan started , it's our Bang PD , he taught BTS the values , he is amazing , I am so happy to watch this interview and his way of putting things amazed me .
We love you Bang PD and we know that you are the one teaching BTS values
Chairman Bang Si-Hyuk, As one of your shareholders, I'd like this deal with KaKao completed asap. You already have a working relationship that is friendly with them. The important thing is that all SM artists and actors are properly respected and given their stocks in the company especially Super Junior, EXO,. and opportunity to sit on your corporate boards so shareholder value may be advanced and increased.
man i just live how mr quest asks his questions 😂
all the people against hybe investing in sm dont realize that they are fighting kakao. if it wasnt hybe investing, it would be kakao expanding their monopoly into the entertainment industry (very bad) and giving sm artists an unfair advantage since kakao owns melon music awards
We WANT kakao sweetie. And Kakao is nowhere near monopoly in kpop. They literally have just Starship + IU. The rest of their idols are unknown.
@催眠SUJI kakao is a monopoly in all of korea, not kpop.. they already own practically everything, the point is that u dont want them owning the music industry too... can u read or..
@@octoberrrrrrr The thing is that I ONLY care about Kpop. Idc if Kakao owns 10, 20, 50 companies outside in Korea. I’m not here for Korean economy, I’m here only for kpop and HYBE takes half of the industry with BTS, SVT, NewJeans, TXT and Enhypen. And you compare it to IU, monsta x and IVE. Bfr…
@@hara2009are you dumb..? like are you trolling?
@@hara2009 u really dont have the perceptual skills or were u just born dumb ? Thats a literal english comment in the most possibly simple words ever created for them 😭
I know they feel speaking Korean expresees more clearly what they feel. But I'm shocked he didn't speak English. The man's a genius. His English is prolly better than mine
Nobody even comments on Kakao's part in this whole mess & LSM's nephew/relatives shady pact with Kakao. What a Mess!!
I do wonder if people would have so much praise for bang pd if bts weren’t the success they are now cause it seems there’s a lot of bias towards him hybe/bighit cause of peoples bias for bts regardless whose actually in the right or wrong regarding this
The only ppl who enjoy this circus are HYBE stans and some aespa fans who are pissed coz of comeback delay. And with all due respect to them, a CB delay is not valid reason to give up the entire company…
bruh who's talking about enjoy? maybe sm stan
Mr hitman was a successful songwriter, composer and producer before he founder bighit and created bts.
All sm artists scheduled are still going along as normal.
@@hara2009 nah man, sm stans are making their fusses by themselves.
Bang PD is such a visionary! This is such a great interview! So fascinating to hear directly from Bang PD his thoughts over recent issues. Love hearing about his philosophies.
Bang PD is such a visionary he knows the market well and SM management are still leaving in the past they must look forward
Wait this interesting, where is the full interview?
CNN business
Mr.Bang, you go
Army is a great asset to Hive and shows its influence on the world. They want ARMY to acknowledge and support Hive, not just support BTS. This is because ARMY has the power to encompass various classes of the age, knowledge, various occupations, politics, economy, and art. This is because it is a result achieved by Chairman Bang Si-hyuk, BTS, and ARMY together. We are proud of and admire their achievements. I hope that the world they created will not stop, and go further in the future.
Well the people in SM doesn’t like the takeover. He should respect that.
KPOP's current foray into the United States is reminiscent of the Mongols' conquest of the European continent in the 12th century... In popular music, American pop was truly an empire with a stronghold that no one could challenge. However, over the past 10 years, KPOP has been slowly looking for an opportunity to attack the U.S. market, where American pop has a stronghold that seems unbreakable. The first attack was BTS. In fact, BTS was only the vanguard of the KPOP offensive. However, the power of BTS, the main force of the first offensive, was unexpectedly strong. BTS's power was so powerful that the United States thought that BTS was the main force of KPOP... BTS's advance into the United States was so powerful. Due to this attack, the American music market, excluding mainstream pop, lost all non-mainstream pop markets such as Asian and Latin. However, BTS' selection offensive eventually slowed down for 22 years due to member military service issues. While the KPOP offensive slowed down, American pop changed the Billboard chart counting method to prepare for the second major KPOP offensive, but in the end, KPOP's first major attack began. The main force of KPOP's first base offensive was the KPOP girl group army, which was made up of a coalition of 3rd generation top girl groups such as Blackpink and Twice and 4th generation new girl groups such as New Jeans, Le Seraphim, Ive, and Aespa. This KPOP girl group's offensive in the United States and even Europe is different in terms of quantitative scale from the previous attack on the United States by KPOP Sunville University BTS. It can be said that they are literally bombing the American and European pop markets indiscriminately from all directions. As such, KPOP's current foray into the American and European pop market is reminiscent of Mongolia's conquest of Europe in the past, as mentioned earlier... Nevertheless, it is true that conquering the American pop market is not easy. The United States is currently the world's most powerful pop empire, with many of the world's most powerful pop singers, including Taylor Swift, Justin Bieber, and Ariana Grande. It is thought that KPOP is currently preparing for the second major KPOP offensive. The second major attack is expected to be a BTS-level KPOP elite boy group. And the moment this 2nd KPOP base is fully formed, KPOP will launch an all-out war against the US and European markets, putting its fate at stake...
Let's protect hybe and bang pd nim from toxic sm stans
You are the one who is colonizing 😂 stay away from SM
@@hara2009 lmao nice try maybe you are colonizing sm lol
This kind of sounds like Russia assuring everyone they weren't going to invade Ukraine while gathering their troops at the border.
Its not a hostile take over if shares were willingly given up and purchased.......LOL Also Hybe does not want control they want to help SM management better and give better autonomy and artistic creativity to their artists. Even the most die hard SM fans know there has been some completely rotten things in SM. The SM management will never accept this as it does away with their current dodgy practices. However I appreciate not everyone is going to be accepting of this thou......
With this sm artists will have creative freedom
@@nicoleloss7987 Completely agree access to more producers and more resources as well.
hybe is the future of kpop - respect for the artist, creative freedom etc - while SM is the dark and ugly past. it's so ironic that bang pd was asked about kpop factories when it was SM who practiced this while he, BTS and hybe stood against it. it is no wonder the SM management is so against hybe taking over, bang pd won't let them continue with their countless grifts robbing the artists blind.
Actually, after they got rid of LSM from the top position, they were supposed to give more profit to the artists, producers, and other workers. I am not sure how it was going to be implemented, but that is what was supposed to happen. They even terminated the contract with LSM's offshore production company. They were basically going to almost copy how HYBE was set up with their artists, supposedly.....
Learn something about disband on nuest and gfriend and find what respect are you talking about
Nu est disband was their own decisions
All companies under hybe work independently and manger their own artists. Each company makes their own decisions. It is a artist right to renew their contract or not.
Hybe doesn't have any authority to disband any group.
Hybe supplies resources and financial backing.
So stop blaming hybe for disbandments. Their contract had ened
respect PD vision & value totally.
aged like MILK
Aged fine
Yeah, esp seeing sm was so adverse to being with hybe they committed criminal acts with kakoa to keep hybe away.
Hi where can you watch the full interview?
Don't know what's true !! But maybe SM talents will be in better hands and condition in HYBE
If anything hybe does need to invest in sm in a few years I do see the fall of sm if they don’t start asking for assistance now
Ayo Hitman Bang ✨
A company belongs to the shareholders, not the management. The owners are who holds the stocks. Every one of them have as much right as the number of shares they hold. But, the current SM management acts as if they are the owners. The previous board meeting elected them. But, if the new board meeting wants them out. They are out. As simple as that. However, they don’t wanna be out. They are doing something, trying to appeal to public, not shareholders, in order to keep the power. Rather they cannot afford to be out because there are too many, way too many, accounting schemes to be discovered when they are out. Most importantly, I don’t think they are doing good job as the management.
Sajnos itt ott nincs felirat. és nem teljes a videó.alig tudtam meg valamit-
All what I can say is that fan shereholder staff of sm entertainment are really under the pressure 😔😔
SM wants to talk about hostile takeover but playing down Kakao's own history.. i was there when the Melon thing happened.. 😤
Wow people in the comments are intellectuals. I only tend to read short comments, but most comments here are paragraph long.
Bang sir is on point when he said that sm ent. has not seen good governance since a long time (along the same line.).
I am sooooooooo looking forward to this mixing... IMAGINE!!!!! All the good artists of both the companies and who knows... BTS x EXO... who knows... ^^^^^^
But maybe you want take the biggest share of the industry.
Why people leaving comments get deleted when they talk about the shame of IU singer in South Korea copying other musician's arts from all over the word with over 50 different songs ?
Whats happening in entertainment companies in South Korea ?
SM ex ceo uploading videos on sm TH-cam channel (which is meant for artist) without putting actual evidence and facts trying to play victim cards… bang sir be like hold my beer let me do the interview with CNN (world class news channel ) and put the facts on table. Not making their or SM artist as shields straight facts on the table. Right now whole scene is like k drama. I am damn sure LSM nephew has become greedy because of all free position he got from LSM. He has not even work 2% of what LSM OR BANG has worked for kpop industry.
The interviewer is weird
I don't think people in the comments truly understand the economics side of this, they're mostly just speaking from an emotional viewpoint and not a very objective one.
Economically, kpop will become more global and more investors.
So true
Exactly. This was a businessman talking about business. Nothing to do with stanning groups or other emotive irrelevant stuff.
@@hoanhuynh7059 That goes without saying.
The Kim Jong Un of Kpop
What i know i believe Bang PD. I believe Bts and all artist under Hybe....
You will come to me for fight but this will not change my mind... Thnk you
Good on your strong stance, but I saw a video the other day about the internal history of SM and their in fighting with LSM and it was rather tragic and at the expense of SM. Loosing him appeared to be great for SM however they have to correct it all now and keeping in mind LSM was there for so long. The management if it can change will take a while to change and if I was them I would be very cautious if not resentful of another finger in the pie to mess things up. The fact that like you I see so much of what Hybe can do and could help SM accomplish is great, but for SM people they will not see this nor want to understand it.......
Muita rivalidade... não compreendo como tem gente que não torce para o sucesso de outra empresa, uai, fazem parte do mesmo ramo musical🤷🏻♀️. Eu sou fã da Hybe e SM, e o que mais importa é o sucesso de cada grupo. NÃO, A HYBE NÃO COMPROU A SM, COMPROU APENAS AÇÕES🙄 parece que não entendem o ramo dos negócios
Bang PD kamu cerdass
The SM management are being loud about "hostility" i bet their artist felt great about this acquisition.
I think this title ‘we are not trying to take over the whole industry’ is not good. It’s not carrying the whole interview, and Bang pd did not exactly say that. It’s not the right focus to know about his management philosophy, word, and K-pop. Of course he is a ceo, he would want to make their company grown. But the fact is, He is saying that their occupancy rate in record market is actually not that high. I think this title maker is just a British, who doesn’t really understand about the actual K-pop and their interview also, and just see in narrow perspective.
Leave SM alone. As SM stan we do NOT want you part of SM. SM will always be SM, the only pioneer of KPOP.
Deja a SM en paz. Como SM stan NO te queremos parte de SM. SM siempre será SM, la única pionera del KPOP.
Only pionleer? Say it to Seo Taji. Btchh know the history
@@trollplayer5725 I think the one who needs to know the story is you!
💀💀💀
@@trollplayer5725 seo taiji brought hip hop to korea, lee soo man made the first real kpop idols. there’s a difference.
@@e2002m seo taiji made kpop idols, lsm just adopt jpop training system
With all due respect, that's actually not the definition of a hostile takeover. lol. Usually when a business acquires another, it's through the mutual agreement of both businesses (i.e. the board of directors and management teams). If you go directly to the shareholders with a tender offer, then that is the textbook definition of a hostile takeover. I like HYBE and this was definitely the right move to make. (Why wouldn't you buy a lucrative business like SM?) But there is no need to lie. Call a spade a spade. This is a hostile takeover.
Question, and I'm asking this because I really dunno:
Will it still be a "hostile takeover" if their only target is 40% of SM?
@@reyconui so that’s where this whole situation gets complicated. Technically you need 50-51% for it be an acquisition and therefore a takeover. However acquiring 40% theoretically gives you enough voting power that you can essentially gain control assuming you can get just 10% of the minority shareholders to vote with you. The tactics used by HYBE are what is done in a hostile takeover though. I can’t blame them though. If Soo Man offered me SM at a discount I wouldn’t go to the board of directors either. Lol
@@JDZ0221 But apparently, what HYBE is doing isn't illegal, right?
I mean I know it can be viewed as unethical by some hypocritical parties, but the tactics Hybe is employing are within legal boundaries, di ba?
@@JDZ0221 I agree btw sa acquisition and takeover points mo. That's what I know as well.
What I didn't quite get a grasp of was that their tactics are almost akin to a hostile takeover na pala.
@@reyconui so I feel like people get thrown off by the word “hostile”. It makes it sound illegal or threatening. It’s only hostile because SM as a company never agreed to it. But it’s all legal. Nothing illegal that I know of so far.
Someone said he's Mr. Krabs and Gustavo from big time rush mixed in one person 😂
Lots of hybe stans here worshipping this dude (who has a messianic complex) and acting like a cult. This interview is such a desperate move to get sympathy for the hostile takeover he's trying to do and based on the court decision against kakao buying shares, he's winning for now. Still doesn't make him less of a greedy sob. I don't care about the other side either, but people acting like doing his shopping spree of companies is okay because they think he can do no wrong is so cringe.
Relax. All your favorite mediocre SM groups are safe. You don't have to project your insecurities (about SM and your obsessive allegiance to SM) onto a successful man and company
@H D hahaha. When did i make it obvious? You're assuming things. Just like you all assume this greedy guy is a good man. The media play is the obvious one and you're all falling for it even if he's literally buying those shares from an embezzler and convicted tax evader. That alone should be a red flag regardless of who you support
@@pokpokishification I don't understand anything you wrote in your last message beyond the revelation that you don't know anything about business or music.
@@hd7704 If he is so successful, he doesn’t need SM. Why won’t he step aside seeing that nobody wants him there?
@@pokpokishification You wrote a clear comment and that person didn’t even understand it. HYBE stans…..
So where great successes and money, ordinary human honesty also ends ..... BTS as the proverbial "negro did his job, now he can leave" ... this is how, unfortunately, a chapter of their life ends ... I'm just an ordinary old man but for a long time various official "ceremonies" offended me with such political falsehood .... Passports of Culture Ambassadors, Expo 2030 celebrations, Grammy nominations, Interviews in American programs below the level, sometimes sentences taken out of context .... Everyone just wants make money on these young people, wonderful, brilliant.... Now is the opportunity, they will go to the army and there will be no one to defend them .... Military matters also look terrifying, and in the army it is hard and dangerous.
Very strange, choppy video editing and YT translation coming from the very start of this video. Si-Hyuk says something like “to be what?”, and YT translates it back to this British journalist as “to be all white?”. What!? Very awkward conversation / translation!
Yeah right
Nonsense. Hybe is trying to take over the industry. Hybe doesn't care about artists or fans or music. Hybe cares about money full-stop. Why didn't you ask him why Hybe didn't give one of heir main artist's debut solo album proper management? Hybe is claiming to be able to promote artists well in America but they didn't distribute j-hope's debut album singles to American radio stations despite radio stations requesting it. They didn't give More a digital store and only gave his album one because fans made a fuss over it but it was 5 days late. Even j-hope's latest release, On The Street featuring JCole, wasn't going to get a pre order digital store until fans demands for one got press coverage. The album was only released in a physical form that doesn't count on American charts either because Hybe chose it or because they failed to give their artist adequate advice and guidance. All of these failings, and the rest hampered the results for j-hope's solo debut especially in America. So either Hybe is lying about being "good at promoing artists in America" or they did it on purpose, either incompetent or sabotaging. Neither provides any faith that they will do right by artists under SM. Then there are the issues of how Hybe treat fans. Why didn't youbask them why weverse, Hybe's flagship retail division, doesn't post to several countries, the UK, one of the top music markets in the world, being one of them? Or why it changes such ridiculous and out of proportion postage fees to the countries it does post to? Why it makes fans basically pay twice to get tickets by making all tickets available to fans who buy membership only knowing full well the tickets will sell out so there will be none left for general sales, forcing fans to buy membership for any chance of tickets? These and so many more questions should have been asked of him, but like with bts I'm guessing you had to get approval of what questions you could ask. Or you simply didn't do your full research such as ask the fans ie the consumers and dig just a bit more than surface level. FYI, the fans commenting here praising Hybe and Bang are the surface level. They are his fans more than they are fans of artists and music despite what they think or claim. But you'd know that if you actually investigated. Sadly gone are days journalists did that.
you talking like SM wants only artist and they care about their artists. WELL Another SM stan
Hybe cares about its artists and music. You talk so much nonsense when you don't even know how hybe works. All of the companies under hybe work independently. They manage, promoting and music production. All companies make their own decisions.
All the artists have creative freedom and a say in everything they do and don't do.
Hybe supplies resources and financial backing.
Nonsense... or you're talking nonsense?
About 5year ago or even 1 year ago,
Ppl still admire and respect for LSM as 'Teacher' in whole world
But now with the scandal exposed
Bang PD sudden became the light of 'KPOP'
Fuck it all
Business is business, and we do not need to parise Bang as the savior
Like k netizsn said, it just about money
The development on hybe hurt becoz BTS are starting to serve in military, so they want to find something help
And SM entertainment is the second big agency and label , the farce between sm and LSM give hybe and Bang PD chance
Thats it
hybe want ARMY to help them be the voice support them to do this and SM&kakao want people against it
The funny thing i see here is ARMY or Hybe stan really think hybe are trying to help or save SM but the fact is they are worried about SM+Kakao can challenge HYBE since without the huge power of BTS in short time
wth are you talking about? just say you are sm stan. Bruh SM's ceo is who ran to hybe for help. Poor man betrayed by his own nephew. If you don't know real situation just shut tf up.
talk about yourself only. Don't put everyone in same place as you. Who cares about your opinion. If you want to know who is real monopoly. Then search more about kakao.
If you have no knowledge about kakao or in how business really work stop gives nonsense opinions.
I did not know bang P.D. speaks English like that
En pocas palabras es un me vale madre que los empleados de la sm no me quieran ni a mi empresa y que al final él puede cambiar las a cosas a su manera, bueeee.. y todo los demás solo es pura palabrería en términos bonitos, la ambición al final es la que está hablando y se nota
These comments are crazy 😭 he’s not coming into SM (against management & employees’ will mind you) out of the kindness of his heart. He’s trying to make money! And with BTS continuing to enlist, HYBE is going to do anything they can to take control of SM and cushion the revenue drop.
What business isn't? At least artists under HYBE have more creative freedom instead of being 100% control by SM. Some 2nd gen groups in SM still can't even write or control their own music. They are still idols after all the years and not real artists.
I hope Hybe loses to Kakao, so that haters will stop talking shit about Bang Pd! Kakao can take over SM!
The fair trade commission and the Korean counrt agree with hybe.
All companies under hybe work independently and make their own decisions. All artists under hybe have creative freedom.
@@nicoleloss7987 I think those hating on Hybe are fans of singing and dancing puppets.
The interview questions regarding Kpop were too broad, biased, and obsolete. It's possible that the interviewer lacked the expertise to inquire about Kpop. Those familiar with Bang Si Hyun and his company Big Hit or Hybe are aware that he intentionally implemented a new approach due to the unacceptable state of the music industry in Korea. BTS's immense popularity can be attributed to this distinctive set of values and beliefs that Bang Si Hyuk brought to the Kpop and music industry.
Bang PD
istg just watch the goddamn hybe community briefing and you'll get how hybe operates 🤦🏼♀️
WE LUV HYBE
Dog
SM is losing very big chance of getting better. HYBE can help them reach good heights. SM doesnt care about their artist but HYBE does. SM artist would have been in safe hands if they were with HYBE. SM's ego will eat up the company one day.
SM will gradually fall eventually.
@@ZombieMiraculer74cry now 🐷🐷🐷
It's like you saw the future.
비티에스
Disgusting: a guy who is so rich he can buy power, still desperately envies the 7 pretty boys who made him rich
Grow up. This is how business work.
Plus bts and all if the artists from both companies will benefit from this.
@@nicoleloss7987 I didn't talk about business, I talked about relationships, about love and hate. At my age I don't grow anymore😌
I think SM will be better off with Chair Bang
I think atleast SMs artist will get more comebacks & freedom to express through music i guess. Group like NCT & EXO needs more exposure & artistic freedom
Chanyeol, Taeyong, Mark, Yangyang, Hendery, BoA and some others are writing their own things. What are you talking about
❤❤
I think it would be better for the artists to go with HYBE.
Quest is the best
I don't fully understand this extension on Hybe... It feels more like a mentality of manegment of the artist more than influence over the music, which might not be so bad, yet to see how the American artists are managed... As for the SM share holders, don't really care about their money, sure they have enough and making money didn't made them care more about the artists, about those young humans well being... Of course that they are not happy about making a little less.. Even tho in the long run they might make more, cause as we've seen Bang Pd has good experience in making money:)))
Sm entertainment best k pop
Enough about Kpop. It's time to criticize the Western pop music culture.
leave sm alone!