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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, March 8 (Korea Bizwire) – With Me, the convenience store managed by Shinsegae group, announced that they opened a new store in the SUM Market located in the Samsung-dong building of SM Entertainment. The 1,161st With Me store showed record breaking sales, for the number of sales were 2.5 times higher than the average [...]
SEOUL, March 4 (Korea Bizwire) – South Korean brands and freelance designers joined forces with globally popular K-pop stars as a precursor to expanding the outbound market, a local entertainment agency said on Friday. S.M. Entertainment, the country’s largest star label by market capitalization, opened “SUM Market,” a store that offers Korean manufactured food products with [...]
SEOUL, March 2 (Korea Bizwire) – Emart has announced that it will launch private brand products created in collaboration with SM Entertainment. The products will be sold at Emart Mall and 140 Emart stores nationwide from March 3. The new products include EXO Jajangmyeon (jajang-flavored instant noodles), Super Junior Habanero Ramen Noodles, TVXQ Truffle Rose [...]
SEOUL, Feb. 11 (Korea Bizwire) – S.M. Entertainment said Thursday it has formed a strategic partnership with Alibaba Group. Under the deal, the Chinese e-commerce giant will buy 870,000 of S.M.’s newly issued stocks for 35.5 billion won (US$29.8 million), the South Korean management agency said in a regulatory filing. That means Alibaba will own [...]