Talk of the Town: SM Entertainment’s Growing Influence in K-Pop

One of the most trending topics in K-Pop last week was SM Entertainment’s (SME) growth in stock price value. It was reported that Lee Soo Man, founder and chairman of SME, saw his total share value for SME surpass 110 billion won ($100 million USD) for the first time on July 13th, reflecting his growing prominence in the overall K-Pop industry. He currently owns 24.43% of SME’s total stocks, which saw its closing price end at 27,500 won ($26 USD) per share on KOSDAQ that day. It was the highest value SME has ever seen since entering KOSDAQ in 2001, and also the most value Lee Soo Man has had so far.

SNSD, DBSK, SuJu, and f(x) to Guest Star in Tonight’s Episode of “Come to Play”

Two weeks ago, we reported that SM Entertainment affiliated stars will participate in upcoming episode of MBC’s “Come to Play.” The recording took place on June 22nd at the MBC Dream Center in Ilsan, Kyeonggido; and Dong Bang Shin Ki (DBSK), Super Junior (SuJu), Girls’ Generation (SNSD), and f(x) made a special appearance.

The Hallyu Wave Snowballs into the Hallyu Tsunami

The Hallyu Wave, also known as the Korean Wave, is the spread of Korean culture across borders. The term was first used by the Chinese media in the 1990s to refer to the influence of Korean entertainment in China, Japan, and other South East Asian countries.

Lee Soo Man’s SM Entertainment Conference in Paris

SM Entertainment’s leader and also producer Lee Soo Man held a seminar/conference in Paris after finishing the SMTOWN Live World Tour. Lee Soo Man’s conference was held on June 11th around 1pm (France Time) at the Marriot Rive Gauch with over 50 other famous European producers and publishers. The conference introduced SM music and also Korean wave strategy. Lee Soo Man explained about the SM producing that was based on CT (Culture Technology) theory and explained the different producing and specialties of the general system. After his lecture was over he received a standing ovation from the audience.

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