Entertainment News Roundup: K-Pop's Hybe, behind BTS, acquires Latin music label; Judge narrows lawsuit over 'South Park' streaming rights and more
Hybe said it acquired Exile Music, is setting up a Latin America unit for artist management and talent discovery, and considering incorporating the K-pop business methodology typified by lengthy, competitive artist training and development to the Latin genre in the long-term. Motor racing-Brawn relives highs and lows of his team's 2009 fairytale Ross Brawn was famously calm on the Formula One pitwall, a reassuringly steady figure in a fast-moving sport, but a new docu-series charting his team's fairytale 2009 title success has brought out some raw emotions.
Following is a summary of current entertainment news briefs.
Tencent Music beats revenue estimates despite China gambling hit
China's Tencent Music beat third-quarter revenue estimates on Tuesday, as steady growth in paid subscriptions on its streaming platforms helped offset the impact of Beijing's ongoing crackdown on online gambling. Tencent Music, which operates music streaming platforms such as QQ Music and Kugou Music, said its total revenue fell 10.8% to 6.57 billion yuan ($901 million) in the three-month period to the end of September versus the same period last year.
Judge narrows lawsuit over 'South Park' streaming rights
A New York trial judge has narrowed Warner Bros Discovery's lawsuit against Paramount Global over the rights to stream "South Park," the animated comedy featuring foul-mouthed children. In a Monday decision, Justice Margaret Chan of the Supreme Court in Manhattan dismissed a claim that Paramount's alleged deceptive practices violated a state consumer protection law.
K-Pop's Hybe, behind BTS, acquires Latin music label
South Korea's largest music label Hybe Co, behind K-Pop supergroup BTS, said on Monday it acquired the music label of Spanish-language media company Exile Content in its first major foray into the Latin music market. Hybe said it acquired Exile Music, is setting up a Latin America unit for artist management and talent discovery, and considering incorporating the K-pop business methodology typified by lengthy, competitive artist training and development to the Latin genre in the long-term.
Motor racing-Brawn relives highs and lows of his team's 2009 fairytale
Ross Brawn was famously calm on the Formula One pitwall, a reassuringly steady figure in a fast-moving sport, but a new docu-series charting his team's fairytale 2009 title success has brought out some raw emotions. Underdogs Brawn GP and Jenson Button won six of the first seven races and both championships after a season of drama on and off the track that threatened the team's survival at several points.
(With inputs from agencies.)