South Korea prosecutors seek 15-year prison term for Kakao founder over alleged manipulation of SM Entertainment stock
Prosecutors have requested a 15-year prison sentence for Kim Beom-su, the founder of South Korean tech giant Kakao Corp., over ...
Tag: Stock
South Korean tax authorities open probe into HYBE amid stock manipulation claims against Chairman Bang Si-hyuk
HYBE, the K-pop giant behind BTS, is facing a tax probe by South Korea’s National Tax Service (NTS) as authorities ...
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HYBE’s stock rallies to three-year high as BTS members complete military service
HYBE wrapped its Seoul headquarters with “We Are Back” banners and BTS logos this week, as all seven members of ...
From HYBE’s reported expansion plans to Martin Lorentzon’s Spotify stock cash-outs… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines ...
Martin Lorentzon just cashed out $666m worth of Spotify stock in less than a week
Spotify co-founder Martin Lorentzon has offloaded a mountain of shares in the streaming giant.Yesterday (Wednesday, May 21), Lorentzon sold 1 ...
Daniel Ek has now cashed out $800m+ in Spotify stock, with his latest transaction banking $28.8m
Spotify CEO Daniel Ek sold another $28.8 million worth of company shares last week, continuing a divestment pattern that has ...
Ex-Spotify CFO Barry McCarthy has sold $49m in company stock over the past three months, as Daniel Ek’s share sales hit $94m in 2025 alone
As Spotify’s stock price continues to hit new highs, the company’s executives and directors continue selling shares and stock options.The ...
Daniel Ek sells another $29M in Spotify stock as total cash-out nears $600M
Spotify CEO and co-founder Daniel Ek cashed out a further $29.3 million in company shares on Wednesday (January 22), marking ...
Universal Music Group to list on US exchange; Pershing Square to sell $500m stock to make it happen
Universal Music Group (UMG) announced Wednesday (January 15) that Pershing Square Holdings, led by billionaire investor Bill Ackman, has requested ...
