HYBE CEO Park Ji Won shared three points that HYBE would commit to following the takeover of SM Entertainment’s shares, including working together to innovate new strategies and allowing SM Entertainment to work autonomously as they have with the other companies they have acquired, such as Pledis Entertainment.
He also shared that HYBE and SM Entertainment will work together to expand their artists’ reach, sharing their experience in reaching different areas of the world. They will also expand their artist interaction platforms, Weverse and Bubble, globally.
Lastly, he apologized to SM Entertaiment’s artists who have been troubled by the ongoing controversy between HYBE, SM Entertainment, and Lee Soo Man.
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Source: Koreaboo.