K-Pop agency SM Entertainment has revealed its support for a tender offer submitted by South Korean internet giant Kakao, which would see the company hold a 35% stake in SM. Yesterday (Tuesday) Kakao announced a tender offer to buy up to 35% of the company for 150,000 South Korean won (£96/€108/$114) per share. Kakao already …
K-pop concert halted after fans faint in crowd
A concert held by K-pop boyband NCT 127 in Jakarta, Indonesia was halted after almost 30 fans fainted in a pushing crowd. The concert was already taking place with heightened security after the police investigated a bomb threat before the show, which was taking place at the Indonesia Convention Exhibition (ICE). A bomb squad and …