SBS Media Holdings Co., Ltd. agreed to acquire a 54.05% stake in DMC Media from TY Holdings Co., Ltd (KOSE:A363280) for KRW 54 billion on May 2, 2022. Board of directors of TY Holdings Co., Ltd have resolved the transaction. The transaction is expected to be closed on May 6, 2022.

SBS Media Holdings Co., Ltd. completed the acquisition of 54.05% stake in DMC Media from TY Holdings Co., Ltd (KOSE:A363280) on November 3, 2023.