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Ok-Pop’s Hybe, behind BTS, acquires Latin music label

South Korea’s largest music label Hybe Co, behind Ok-Pop supergroup BTS, stated on Monday it acquired the music label of Spanish-language media firm Exile Content in its first main foray into the Latin music market. Hybe stated it acquired Exile Music, is organising a Latin America unit for artist administration and expertise discovery, and contemplating incorporating the Ok-pop enterprise methodology typified by prolonged, aggressive artist coaching and growth to the Latin style within the long-term.

(With inputs from companies.)