AIn the midst of new reports on a South Korean survey on its president, HYBE stocks dropped from 6.8% to 266,000 KRW ($ 192.69) during the week ended on May 30. It was the greatest drop in a stock of music in a week marked by modest gains and losses.
South Korea reports this week said that the Seoul police had again submitted a search warrant and seizure for the president of Hybe Bang Bang In a survey on the allegations of fraudulent stock market transactions by the musical magnate. Bang would have misleaded previous shareholders about Hybé’s intention to make public, which led them to sell HYBE shares before the company’s initial public supply in 2020. Sources said Yonhap news agency This BANG brought in $ 291 million in 2020 from transactions with investment capital companies to share part of the Hybé IPO.
The Billboard Global Index (BGMI) of 20 companies was unchanged at 2,800.84 because the index had a uniform number of winners and losers. In one week with a remarkable amount of common movement, the majority of companies fell into a narrow strip between a gain of 2% and a loss of 1%.
Music actions have underperformed many market indices. In the United States, the NASDAQ gained 2.0% to 19,113.77 and the S&P 500 increased by 1.9% to 5,911.69. FTSE 100 in the United Kingdom climbed 0.6% to 8,772.38. The Kospi composite index of South Korea jumped 4.1% to 2,697.67. The SSE composite of China was flat at 3,347.49.
But music actions displayed large gains in 2025. The BGMI increased by 31.8%, far exceeding NASDAQ gains (14.2%) and S&P 500 (up 12.0%). Spotify, the most precious component of the index, increased by 42.8%. Universal Music Group (UMG), the second BGMI company, won 17.8%.
The Lone Music Company to publish profits this week, Reservoir Media, increased by 7.9% to $ 7.80. The quarterly profits published Wednesday, May 28, have shown a 10% income gain and an improvement of 14% of the adjusted Ebitda. Meanwhile, the only company to display a two -digit gain was cumulus media, which increased by 15.4% to $ 0.15. Cumulus tends to have wild oscillations, however, because it was struck off from Nasdaq on May 2 and began to exchange over the counter.
IHEARTMEDIA jumped 6.5% to $ 1.31. Spotify, the fourth best interpreter in BGMI, increased 1.9% to $ 666.25. Madison Square Garden Entertainment improved by 1.5% to $ 37.11, and UMG gained 1.4% to 28.16 euros ($ 31.95).
Live Nation dropped by 5.4% to $ 137.24, which reduced its gain for the start of the year to 6.0%. On Thursday, the company fell 2.9% on a heavier commercial volume than the average following reports according to which it canceled concerts at the Fenway Park in Boston by Shakira and Jason Aldean due to security problems concerning the scene.
The two Chinese music streamers have experienced weeks that reduced their stellar performance of the year up to date. Tencent Music Entertainment (TME) fell 4.0% to $ 16.82, reducing its gain of the year to 50.9%. Netease Cloud Music, the largest BGMI winner from 2025 to 88.2%, dropped from 2.9% to 211.20 HKD ($ 26.94).
Display panel
Display panel
Display panel
