K-Pop Godfather Teams Up With BTS Label to Battle Activists

The transcript discusses a corporate battle in the K-pop industry involving Hive and Kakao. Hive has made a tender offer for SM Entertainment shares and plans to support the SM founder against a deal with Kakao. This move could allow Hive to control 40% of SM Entertainment. The market is watching for Kakao's response, which may include a higher offer. Kakao Entertainment, backed by Saudi Arabia, is also a key player in this unfolding drama.

What recent action did Hive take regarding SM Entertainment?

Who is Isuma Usuman and what role does he play in the current situation?

What are the potential implications of Hive's tender offer for SM Entertainment?

What reactions are investors expecting from Cacao in response to the tender offer?

How has Kakao Entertainment positioned itself in the current corporate battle?