SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

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 South Korean police seek arrest warrant for Hybe chairman Bang Si-Hyuk over alleged $100 million investor fraud scheme    South Korean police are seeking an arrest warrant for Bang Si-Hyuk, the billionaire music executive behind K-pop powerhouse Hybe and BTS, as part of an expanding investigation into allegations that he improperly benefited from an investor scheme involving more than $100 million. Authorities said they have asked prosecutors to pursue a court warrant for Bang’s arrest as they continue probing claims that he misled investors in 2019. Investigators allege he told investors that Hybe had no plans for an initial public offering, leading them to sell shares to a private equity fund. The company later went public, and police suspect a separate arrangement may have resulted in Bang receiving a substantial payout tied to post-IPO stock profits. Bang’s legal team has not directly addressed the specific allegations but said he has cooperated with investigators an...

DISNEY FILES LAWSUIT AGAINST SLING TV OVER DISTRIBUTION AGREEMENT BREACHES. (PHOTO).

Disney files lawsuit against Sling TV over distribution agreement breaches. 

Walt Disney Co. has filed a lawsuit against Sling TV over the streaming service’s short-term mini-bundle packages, which Disney claims were added without permission.
Sling launched the passes in mid-August, offering access to its full channel bundle for a limited period—one day, a weekend, or a week. Prices start at $4.99, while a standard Sling subscription costs $45 per month. Disney said the packages violate the terms of its existing license agreement. “Sling TV’s new offerings, which they made available without our knowledge or consent, violate the terms of our existing license agreement,” a Disney spokesperson said. “We have asked the court to require Dish to comply with our deal when it distributes our programming.”
Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims Sling did not seek Disney’s approval before launching the mini-bundles. Under Disney’s current licensing agreement with Dish Network, Sling and Dish TV customers are entitled to programming through monthly subscriptions, and Disney contends that short-term passes are not permitted under the agreement.
The mini-bundles allow access to 34 channels in Sling’s Orange tier, including ESPN, Disney Channel, TNT, ABC, and Food Network. The Day Pass costs $4.99 for 24 hours, the Weekend Pass is $9.99, and the Week Pass is $14.99. Disney also said it was not consulted before the bundles went live and that Dish refused requests to remove Disney content after the launch.
The case, ESPN Enterprises, Inc. et al v. DISH Network, L.L.C., docket no. 1:25-MC-00368, has been filed under seal to protect sensitive information. An initial complaint had not been publicly filed as of Tuesday evening.

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