K-pop Giant Hybe to Raise About $380 Million for US Deals.

Under Bang's mission to make K-pop mainstream in the world's largest music market, Hybe and Universal Music Group are preparing a new international girl group together. (Bloomberg) -- Hybe Co., the South Korean music agency behind BTS and Ariana Grande, is seeking to raise around 500 billion won ($380 million) to fund acquisitions in the US and expand its business beyond K-pop. [Extracted from the article]