SM Entertainment Considering Closing SMTOWN Coex Artium + Other Business Changes

SM Entertainment has stated that they are considering changes to their shareholder return policies and are reviewing whether they should close down businesses that are incurring losses. On July 31, SM Entertainment replied to a letter from one of their major shareholders, KB Asset Management. On June 5, KB Asset Management had sent a letter to SM Entertainment requesting… Continue reading SM Entertainment Considering Closing SMTOWN Coex Artium + Other Business Changes

SM Entertainment And SM C&C Appoint New Co-CEOs

SM Entertainment has announced changes in its management. On July 31, new co-CEOs were appointed for SM Entertainment and SM C&C. Kim Young Min, who was the general manager of SM Entertainment Group, has been appointed as co-CEO of SM Entertainment along with Nam So Young. The previous co-CEOs were Nam So Young and Han Se… Continue reading SM Entertainment And SM C&C Appoint New Co-CEOs

Former SM Entertainment Creative Director Joins Big Hit Entertainment As CBO

Former SM Entertainment creative director and board member Min Hee Jin has joined Big Hit Entertainment as the Chief Brand Officer (CBO). Big Hit Entertainment confirmed the news, explaining that she will be overseeing the brand as Big Hit and its related businesses undergo structural reorganization and label expansion. Not only will the agency expand… Continue reading Former SM Entertainment Creative Director Joins Big Hit Entertainment As CBO

SM Entertainment’s Lee Soo Man And Mayor Meng Fanli Discuss Strategies To Turn Qingdao Into A Global Music City

An exciting cultural exchange between South Korea and China may be underway. On May 14, SM Entertainment founder Lee Soo Man met with Mayor Meng Fanli at the SMTOWN Coex Artium in Seoul. While walking around SMTOWN Coex Artium, they discussed Qingdao’s “Global Trend City Project” that Mayor Meng Fanli is currently working on and… Continue reading SM Entertainment’s Lee Soo Man And Mayor Meng Fanli Discuss Strategies To Turn Qingdao Into A Global Music City

SM Denies Reports Of EXO Collaborating With Interior Company Involved In Controversy

SM Entertainment has responded to rumors of EXO collaborating with the interior company Hanssem Effex. On April 23, a screenshot spread of an article stating that EXO and Hanssem Effex will be launching a furniture collaboration. Hanssem Effex is under Hanssem, which was previously under fire for poor management of a sexual assault case within the… Continue reading SM Denies Reports Of EXO Collaborating With Interior Company Involved In Controversy

Entertainment Industry Experts Vote On Key Players Representing Hallyu

From March 25 through 31, media outlet Sports Seoul surveyed 100 entertainment industry experts to gather their thoughts on key players in the industry. Each representative wrote down their top three votes for each category. BTS was voted as the top K-pop representative of Hallyu with 90 votes and also as the top representative of… Continue reading Entertainment Industry Experts Vote On Key Players Representing Hallyu

SM Entertainment To Launch Official Global Online Store

SM Entertainment will be opening an official online store called “SMTOWN &STORE” on April 5! On April 2, SM Entertainment revealed that “SMTOWN &STORE” is a global e-commerce platform in which fans can find SM artist’s albums, pictorials, goods, as well as various lifestyle products related to celebrities including beauty, fashion, and living necessities. Not… Continue reading SM Entertainment To Launch Official Global Online Store

Update: SM Entertainment Denies Reports Of EXO’s D.O. Leaving Agency

Updated March 13 KST: SM Entertainment has responded to reports of EXO’s D.O. leaving the company. A representative of the agency commented, “The report is completely false. We will release an official statement soon.” Another representative commented, “There is a lot of time left before EXO’s contracts expire.” Source (1) (2) Original Article: EXO’s D.O. is reportedly… Continue reading Update: SM Entertainment Denies Reports Of EXO’s D.O. Leaving Agency

SM To Take Legal Action Against False Rumors About EXO

SM Entertainment has stated that they will take legal action against those spreading the recent rumors surrounding EXO. On March 12, rumors were being spread on community sites and social media about an EXO member allegedly being one of the people in Jung Joon Young’s chatrooms where illegal hidden camera footage was shared. SM Entertainment’s… Continue reading SM To Take Legal Action Against False Rumors About EXO

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