CJ ENM and SM Entertainment Denied "Takeover Rumours"
Both CJ ENM and SM Entertainment denied the 'takeover rumor'.
An official from CJ ENM told Star News on October 21st, "Nothing has been decided yet."
A SM Entertainment official also said, "We are discussing with various companies from various angles, but the signing of an acquisition contract on October 22 is not true."
On the same day, Maeil Business News reported that CJ ENM would sign a contract to acquire SM Entertainment as early as October 22, borrowing the words of the investment banking (IB) industry. CJ ENM is said to be evaluating the value of 100% of SM Entertainment's stake in the range of 3 to 4 trillion won.
Meanwhile, while it is known that SM Entertainment's largest shareholder, Lee Soo-man, general producer, will sell his stake, Kakao Entertainment and CJ ENM have been fighting. However, as Kakao Entertainment has not recently stepped forward, CJ ENM remains the only candidate.
Kim Soo Hyun Wins Big at 'AAA 2024', Takes Home 'Actor of the Year' and Dedicates Award to Kim Ji Won!
Actor Kim Soo Hyun has been named "Actor of the Year" at the AAA 2024(Asia Artist Awards), one of the most prestigious awards of the year!
On December 27, the 9th AAA 2024 was held at the Impact Challenger Hall in Bangkok, Thailand, where stars from all over Asia gathered to celebrate a year of incredible talent. Hosted by Ryu Jun Yeol, Jang Won Young, and Sung Han Bin, the event was full of excitement and surprises.
Kim Soo Hyun, who has been making waves with his performance in Queen of Tears, won the top honor of the night, the "Actor of the Year" award. He didn’t stop there! He also walked away with the Hot Trend Award, Fabulous Award, and Best Artist Award, making him a four-time winner at the ceremony.
With a big smile, Kim Soo Hyun expressed his gratitude, saying, “Thank you so much! Please forget what I looked like in the earlier interview.”
He continued, “I’m deeply thankful to everyone who loved and watched Queen of Tears. To the fans who have supported me so passionately, I appreciate you. I also want to thank writer Park Ji Eun for creating this wonderful opportunity with Queen of Tears. I love you.
He added, "Thank you to the directors and all the staff who worked so hard throughout the year, and to my colleagues, both seniors and juniors, I am grateful. I had many concerns during the drama, but it was all worth it, and I want to thank everyone involved."
He then dedicated his "Actor of the Year" award to his co-star Kim Ji Won, saying, “I would like to dedicate this honor to Kim Ji Won, who played the world’s best Hong Hae In in Queen of Tears. Thank you, Kim Ji Won!”
The AAA 2024 brought together the biggest names in both music and acting. In the music category, stars like NewJeans, LE SSERAFIM, BIBI, and NCT 127 lit up the stage. In the acting category, top actors like Kim Soo Hyun, Park Min Young, Joo Won, and more made the event a dazzling spectacle.
The AAA 2024 was broadcast live on MTN in South Korea and streamed globally on Weverse, with real-time broadcasts available in countries like Malaysia, the Philippines, Vietnam, and Japan. It was a night to remember for all the artists and fans who gathered to celebrate their achievements.
