HYBE Holds India Auditions and Buys 10M Shares in HYBE America
HYBE announced in-person and online auditions in 10 Indian cities to find talent for a new India-based group, using its training and production system with local experts. Separately, it reported buying 10 million shares in its subsidiary HYBE America on April 1, following a 10-year global distribution deal with Universal Music Group and plans to expand in India and the U.S.