K-Pop Godfather Teams Up With BTS Label to Battle Activists

The transcript discusses a corporate battle in the K-pop industry involving Hive and Kakao. Hive has made a tender offer for SM Entertainment shares and plans to support the SM founder against a deal with Kakao. This move could allow Hive to control 40% of SM Entertainment. The market is watching for Kakao's response, which may include a higher offer. Kakao Entertainment, backed by Saudi Arabia, is also a key player in this unfolding drama.

What is Hive's initial move in the corporate battle over SM Entertainment?

• Launch a new K-pop group

• Offer a tender for SM Entertainment shares

• Sell its stake in BTS

• Merge with Kakao

Who is Isuma Usuman in the context of the K-pop industry?

• The founder of SM Entertainment

• A music producer for BTS

• A famous K-pop idol

• The CEO of Kakao

What percentage of SM Entertainment does Hive aim to control if the tender offer is successful?

• 50%

• 40%

• 30%

• 20%

What might Kakao do in response to Hive's tender offer?

• Partner with BTS

• Withdraw from the corporate battle

• Increase its offer for SM Entertainment

• Launch a new K-pop group

Which country has recently backed Kakao Entertainment?

• China

• Saudi Arabia

• United States

• Japan