The Association of Independent Festivals (AIF) has bolstered
K-pop’s Hybe agency targets $380m for global M&A push
South Korean K-pop giant Hybe is reportedly seeking $380m in new finance as it targets an M&A drive in the Americas. The entertainment group, which has spearheaded BTS’s global success and owns the Ariana Grande label Ithaca Holdings, is in talks with investors to secure “equity financing” worth the equivalent of 500 billion won to …