Hybe Acquires 56.1 pct Stake in AI Sound Startup Supertone

SEOUL, Jan. 31 (Korea Bizwire) — Hybe Co., the Korean entertainment agency behind supergroup BTS, said Tuesday it has invested 45 billion won (US$36.5 million) to acquire 56.1 percent of stake in Supertone, an artificial intelligence (AI) sound startup. Hybe first acquired a 18.2 percent stake in Supertone in 2021 and made an additional investment [...]