Ithaca Holdings Archives | Be Korea-savvy

BTS Company Hybe Looks Onward, Upward with Ithaca Merger

SEOUL, April 6 (Korea Bizwire) — Hybe, the K-pop powerhouse behind BTS, is set to cement its footing here and accelerate its overseas push with a billion-dollar deal to buy Scooter Braun’s Ithaca Holdings. In a surprise move, Hybe on Friday announced a plan to acquire a 100 percent stake in the U.S. media group [...]

BTS Agency Hybe to Acquire Scooter Braun-led Firm in US$1 bln Deal

SEOUL, April 2 (Korea Bizwire) — Hybe, the company behind K-pop phenomenons BTS, announced Friday a deal to buy a 100 percent stake in American music entrepreneur Scooter Braun’s Ithaca Holdings. Under the deal, Hybe — formerly Big Hit Entertainment — will be acquiring the media company, which owns affiliates like SB Projects, founded by [...]