SEOUL, Oct. 19 (Korea Bizwire) — CJ ENM, a leading entertainment and media company, is in talks to bring K-pop powerhouse SM Entertainment under its control, a source with direct knowledge of the talks has said. The deal, if realized, would see the birth of an entertainment giant that could shake the Korean pop cultural [...]
SEOUL, June 29 (Korea Bizwire) — Lee Soo-man, the chief producer and founder of K-pop powerhouse SM Entertainment, on Tuesday announced plans to diversify the company’s business and include more fans in the process. “Our metaverse content has been recognized for its originality through blockchain technology, and in an era where content is valued, the [...]
SEOUL, June 24 (Korea Bizwire) — KAIST, South Korea’s top science university, said Thursday it is teaming up with K-pop powerhouse SM Entertainment Co. to conduct joint research on digital avatars for virtual concerts in an effort to boost development in metaverse technology. The metaverse — a virtual environment where users interact through digital avatars [...]
SEOUL, May 7 (Korea Bizwire) — SM Entertainment, the K-pop powerhouse behind acts like SuperM and EXO, on Friday unveiled a plan to launch a new K-pop band in the United States through a televised audition program. SM and MGM Worldwide Television will introduce a competition series to pick members of a new boy band [...]
SEOUL, Dec. 28 (Korea Bizwire) — SM Entertainment said Monday it will hold a free online concert on the first day of next year to give comfort to those fighting against the novel coronavirus pandemic across the world. The “SMTOWN Live” concert will be live streamed this Friday on social media platforms, including YouTube, Twitter [...]
SEOUL, Nov. 2 (Korea Bizwire) — SM Entertainment said Monday that aespa, the agency’s first K-pop act in four years, is set to officially debut on Nov. 17. The all-female quartet will release its first single “Black Mamba” at 6 p.m. on Nov. 17, the agency said. SM Entertainment recently released the profiles of the [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s largest entertainment and auto companies plan to introduce an unprecedented virtual showcase combining an online concert and a new car launching event next month, according to an announcement Wednesday. SM Entertainment and Hyundai Motor Co. said they will jointly unveil a new concept virtual showcase, titled “Beyond [...]
SEOUL, Aug. 5 (Korea Bizwire) — SM Entertainment and JYP Entertainment, two of South Korea’s leading K-pop labels and agencies, have announced the launch of a joint company for virtual concerts. The company, Beyond Live Corp. (BLC), will operate to expand the paid Beyond Live online concert series, created earlier this year between SM and [...]
SEOUL, Aug. 3 (Korea Bizwire) — SM Entertainment, a leading K-pop label-agency behind groups such as EXO, Red Velvet and NCT 127, said Monday it has secured an investment of 100 billion won (US$83.8 million) from the country’s top internet portal operator, Naver, strengthening their partnership in areas of online concerts and fan community platform. [...]
SEOUL, June 19 (Korea Bizwire) — SM Entertainment, one of South Korea’s oldest and most influential K-pop entertainment companies, on Friday expressed support for the Black Lives Matter movement in the United States. “We stand with our Black collaborators, friends and fans and all who are speaking out to insist that Black Lives Matter,” SM [...]