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SK Telecom, SM Entertainment to Join Hands for Content, New Biz

SK Telecom, SM Entertainment to Join Hands for Content, New Biz

SEOUL, Jul. 17 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. and major entertainment agency SM Entertainment said Monday they will join forces through a series of stock sales among their affiliates, in order to beef up their content business and search for new opportunities. Under the deal, SK Telecom will buy [...]

E-mart Works with SM Entertainment to Attract Young Shoppers

E-mart Works with SM Entertainment to Attract Young Shoppers

SEOUL, Jul. 9 (Korea Bizwire) — South Korea’s No. 1 discount retail outlet E-Mart said Sunday that it will expand work with a leading K-pop agency to market products that can attract young shoppers. The chain store, a key affiliate of retailer Shinsegae Group, said it will create 49 everyday products in cooperation with SM [...]

SM Entertainment Plans Talent Audition in Indonesia

SM Entertainment Plans Talent Audition in Indonesia

SEOUL, March 16 (Korea Bizwire) – SM Entertainment will hold auditions in Indonesia to scout talent for its “NCT” idol group project, the nation’s top entertainment agency said Wednesday. Company founder Lee Soo-man unveiled the plan for its first-ever talent audition in Indonesia at a South Korea-Indonesia business summit in Jakarta the previous day.  “Last [...]

SM Entertainment Founder Wins Asia Game Changer Award

SM Entertainment Founder Wins Asia Game Changer Award

SEOUL, Oct. 28 (Korea Bizwire) – Lee Soo-man, the K-pop mogul who founded SM Entertainment, the nation’s largest management/record label, was awarded a 2016 Asia Game Changer Award, becoming the first Korean to receive the honor.  According to SM Entertainment, the company chairman attended the Asia Game Changer Awards ceremony on October 27 at the [...]

Talent Agency SM to Take Its Restaurant Business to Japan

Talent Agency SM to Take Its Restaurant Business to Japan

SEOUL, Sept. 12 (Korea Bizwire) – South Korea’s leading talent agency SM Entertainment is going to Japan with its restaurant business that has drawn unexpected success at home, company officials said Monday.  SM aims to open “SMT Tokyo,” the Japanese branch and the first overseas version of SMT Seoul, within six months, according to the [...]

Entertainment Industry on High Alert against Likely Reprisals from China

Entertainment Industry on High Alert against Likely Reprisals from China

SEOUL, Aug. 2 (Korea Bizwire) – Rumors and speculation that China will retaliate against Korean cultural content for the recent THAAD battery deployment decision is rapidly spreading through the entertainment industry. And although the majority of the rumors have turned out to be false, the industry, which relies heavily on the export of K-pop and [...]

Girls’ Generation to Release Song for Fans to Celebrate Its 9th Anniversary

Girls’ Generation to Release Song for Fans to Celebrate Its 9th Anniversary

SEOUL, July 26 (Korea Bizwire) – Girls’ Generation will release a new song dedicated to its fans to celebrate its ninth anniversary, the idol group’s agency said on Tuesday.  The eight-member K-pop act will roll out “That Summer” on Aug. 5 at 12 a.m. through digital music streaming channel Station, operated by the band’s agency [...]

SM Entertainment to Build Hallyu Cultural Center in Changwon

SM Entertainment to Build Hallyu Cultural Center in Changwon

SEOUL, June 21 (Korea Bizwire) – S.M. Entertainment, one of the largest South Korean entertainment companies, plans to build an ‘SM Cultural Complex’ in Changwon, the capital city of South Gyeongsang Province. Ahn Sang-soo, the mayor of Changwon, held a press conference at Changwon City Hall’s Press Center on Tuesday June 21 to announce the development [...]

Talent Agency, Private Institute to Build K-pop International School

Talent Agency, Private Institute to Build K-pop International School

SEOUL, May 27 (Korea Bizwire) – S.M. Entertainment, the country’s largest talent agency, and a private institute will found an alternative international school for teenagers dreaming of becoming K-pop stars, the companies said Friday.  S.M. signed a memorandum of understanding with Haneul Education Co. to open what is tentatively called the “K-pop international school” in [...]