BTS company Hybe looks onward, upward with Ithaca merger

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 in a US$1.05 billion deal that would bring together some of the world's biggest pop musicians - BTS, Justin Bieber and Ariana Grande to name a few.

source https://www.koreatimes.co.kr/www/nation/2021/04/732_306710.html?fl

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