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    Established 'MCPA', a global music video content distribution company

    The Korean version * VEVO, a specialized company that integrates distribution and management of K-POP music video contents on a global platform, will be established.

    Music and Creative Partners Asia Ltd. ("MYSTIC Entertainment, Big Hit Entertainment, STAREMPIRE, SM Entertainment, FNC Entertainment, YG Entertainment and JYP Entertainment) We made signing ceremony for establishment.

    MCPA will serve as a representative window for determining and negotiating music video distribution and related policies for YouTube and other global digital service platforms, and will also provide new platform services for distributing music video contents. In addition, it plans to discuss various business expansion plans including not only music video but also a broadcasting platform for the production and supply of new contents using related IP.

    In particular, MCPA Co., Ltd. is an integrated distribution channel for K-POP music videos and related videos, which are becoming a key trend in the global music industry. In addition to creating new business models and enhancing Korean music content and artists' global competitiveness It is planned to grow as a representative company of Asaa in the future.

    Meanwhile, the signing ceremony of MCPA Co., Ltd. was attended by Cho Young-Chul, CEO of MYSTIC, Yoon Suk Joon CBO of Big Hit, Lee Seung Joo CEO of STAREMPIRE, Han Se Min CEO of SM, Kim Yoo Sik, Managing Director of FNC, Choi Sung Joon, Vice President, and Byun Sang Bong, JYP 's Vice President.

    * VEVO is a Joint Venture founded in 2009 by US major music labels and Google's holding company Alphabet, including Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI's parent company, Abu Dhabi Media.
    VEVO is providing profitable music videos on Universal Music, Sony Music and Warner Music on YouTube, broadcasting real-time live music of famous musicians, holding sponsorship contracts and holding concerts, etc. VEVO Content is only available on YouTube.
    In the United States, VEVO is influential and highly valued as a strong competitor to MTV, a leading music video cable channel, and the YouTube VEVO-Branded channel's ad revenue is seven to eight times higher than normal ad revenue .

    - Google translation.​
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    "A pioneer of K-pop who has no refutation" A praise!

    SM Entertainment Lee Soo Man Producer has been named as 'International Music Leaders Of 2018' by Variety, a prominent cultural magazine in the United States.

    'Variety' announced 'International Music Leaders Of 2018' to celebrate MIDEM, the world's largest music fair held in Cannes, France on June 5-8, and Lee Soo Man Producer, based on creativity, insight and passion, And as a game changer to reorganize the international music market based on companies with the best future prospects.

    "Variety" introduces Lee Soo Man Producer as "the pioneer of K-pop, which is irresistible of K-pop," and "the founder of SM Entertainment, Korea's biggest entertainment company," as well as SM. "Performance at the closing ceremony of the 2018 Pyeongchang Winter Olympics And the SUPER JUNIOR, which has hosted world tours in North and South America and Asia, including EXO.

    "He wants to localize the aesthetics of K-pop he designed. In 2016, NCT was officially launched and announced the Boy Group, which has a variety of configurations based on the region and has no limit on the number of members. "NCT also attracted attention.

    In addition, Lee Soo Man SM Producer is recognized as one of the world's most influential business leaders selected by 'Variety' in 2017, as well as the Korean popular culture in 2016, Has been named Korea's first winner in the '2016 Asia Game Changer Awards' awarded by the Society.

    - Google translation.​
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    SM ENTERTAINMENT signed MOU agreement with IPP Group, Vietnam's biggest retail & lifestyle company on May 10, to advance into Vietnam market and promote joint business.
     
    SM will enter the Vietnamese market, which is growing dynamically, and plan to pursue various global businesses including entertainment and advertising business, media and lifestyle through strategic alliance with Vietnam's largest retail and lifestyle company IPP group.
     
    On May 10, at the signing ceremony of the MOU on May 10, SM LeeSooMan general manager, KimYoungMin general manager, HanSeMin representative, group NCT TAEYONG, MARK, JOHNNY (SM), Johnathan Hanh Nguyen chairman of IPP group, Le Hong Thuy Tien general manager President Phillip Nguyen, and others.
     
    Through strategic partnership with IPP Group, SM will start producing various video programs, advertising agency, and lifestyle business, starting with artists of SM ENTERTAINMENT in Vietnam and V-POP content production through finding and developing local artists. do.
     
    "The Vietnam IPP Group is Vietnam's largest brand / retail / lifestyle group, and we think it is the best business partner to grow various contents and" brand "through strategic cooperation. Business cooperation with the IPP Group will be of great help in SM's entry into Vietnam, one of the most important countries in the Southeast Asian market. In addition, SM plans to find local artists in Vietnam and grow them into global stars through SM's competence. "
     
    The IPP Group, which has signed MOU with SM, has successfully completed numerous projects through investment and development with a total investment of over USD 500 million for about 32 years. , Camus, Domino Pizza, Burger King, and more than 96 world-class brand products such as fashion, wine, watches, jewelry, perfume, cosmetics and fast food exclusively throughout Vietnam.

    In addition, the IPP Group has established a Cam Ranh International Terminal Joint Stock (CRTC), which invests and operates in the Cam Ranh International Terminal, which can accommodate between 6 million and 8 million passengers per year, Company. The project is scheduled to commence in June 2018.

    - Google translation.​
  • 2018-03-29 기업공지

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    상법 제 289조 및 당사 정관 제 4조에 의거하여 아래와 같이 주주총회에서 승인 받은 재무상태표를 홈페이지에 공고합니다. 

     

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    Actor Bae Yong Joon, a major stockholder and Executive Director of Keyeast, acquired new shares of SM Entertainment and became a main stockholder.
     The plan is to develop Keyeast and Digital Adventure, Keyeast’s affiliated Japanese company, as Asia’s best entertainment group in new media, mobile, and platform group.
     
    SM Entertainment has taken over Keyeast, the largest actor management company in Korea.
    SM acquired Bae Yong Joon, the majority shareholder and chief CSO of Bae Yong Joon. Bae Yong Joon also acquired SM Shinju and became a major shareholder of SM.
      
    As a result, SM will acquire Keyeast, an actor name, and will hold Digital Adventure (DA), the largest Korean wave content platform operator in Japan, which is a subsidiary of Keyeast.
    SM has already concluded a deal with Keyeast in 2016 through SM Entertainment Japan (SM Japan), which acquired Keyeast's subsidiary in Japan and DA, a JASDAQ listed company, as its second-largest shareholder.
    Through this acquisition, Keyeast will be integrated into the SM Entertainment group and will continue to build on its existing reputation and will support the wider activities of actors in conjunction with SM's global network.

    Especially, the artist management, the Korean Wave media business, the fan club, and the performance event business, which Keyeast and DA have been running, are expected to generate stronger and broader synergies within SM's know-how. In addition to Keyeast's existing business division, it plans to diversify its mobile and online platform business, which is based on entertainment contents such as star, music, MCN, UGC, etc., targeting Korea, Japan as well as global market.

    Meanwhile, Bae Yong Joon, a major shareholder of SM through the acquisition of the new SM, will act as marketing and keyeast global strategy adviser for SM Group and will contribute to establishing and promoting various global business strategies of SM Entertainment Group.
    Kim Young Min, General Manager of SM Entertainment (CSO), said, "Through the investment in DA, SM Group and Keyeast Group have been engaged in various alliances. As a result of this re-creation, we have developed Key Artist and Digital Adventure to become the best artist management and Korean Wave media company. We are also strengthening global entertainment platform business based on various entertainment content, star, MCN and UCG contents. It is going to go out. We are actively investing and partnering with various global online / mobile platform companies. "

    - Google translation.​
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    The strategic contract was signed in order to have joint-production of broadcasting contents and to cooperate in global business.
     'Media Big Bang’ is expected as super stars, MCs and content production skills combined together.
     
    SM Entertainment announced on March 14, 2018 that it acquired shares and management rights of FNC Add Culture, a subsidiary of FNC Entertainment, listed on the KOSDAQ market, through the acquisition of Suche and Shinju. After the acquisition, SM Entertainment's stake will be about 31%, and FNC Entertainment will be the second largest shareholder.

    In addition, SM Entertainment and FNC Entertainment jointly promote the production of various broadcast and image contents that can target the broadcasting, online, mobile, and overseas market based on the powerful star and MC power of SM Entertainment group and FNC Entertainment, And has established a strategic alliance to cooperate with various global businesses.

    SM Entertainment will further develop its existing businesses, such as drama, broadcast production, and printing, through the synergy with the SM Entertainment group, in addition to the retail and entertainment-based retail, F & B , Fashion, leisure, and more. To this end, we will partner with global lifestyle companies and advance into overseas markets through FNC Add Culture.

    Kim Young Min, General Manager of SM Entertainment / CSO, commented, "We are collaborating with FNC Entertainment on a rapidly diversifying media and content business environment, jointly producing various broadcast programs and pursuing various global businesses. SM Entertainment will create various synergies between FN Entertainment and SM Entertainment, and the competitiveness of the contents business will grow further. In addition, we will grow FNC Add Culture, which we acquired this time, as a global leading lifestyle company. To this end, we will integrate various lifestyle businesses that SM Entertainment Group has pursued and launch new global lifestyle businesses to lead the market both qualitatively and qualitatively. I will make it out. "

    - Google translation.​
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    From February, SK Telecom affiliated company, iRiver, SM, JYP, Big Hit, etc.
    Start distribution business
    -3 Participation in the distribution process together, establishment of content supply policy and development of music market
    Change led
    -AI, block chain to introduce innovative new technologies to protect copyright, deal structure, transparency of settlement
    Plan

    SM Entertainment (CEO: Kim Young Min, hereinafter referred to as SM), JYP Entertainment (CEO Jung Wook Jee, JYP) and Big Hit Entertainment Service platforms and other music businesses.

    SM, JYP, Big Hit Enter and SK Telecom agreed on a music business agreement at SK Telecom headquarters in Euljiro on January 31 to cooperate closely to develop B2B music distribution business and B2C music service platform business. In addition to establishing a virtuous cycle structure of content creation and production, the agreement will also improve the business structure of the current music market, as well as making efforts to create a more efficient and industrially friendly ecosystem, applying ICT technology such as AI and block chain, It was promoted to provide differentiated new music services.

    To this end, SK Telecom signed an agreement with iRiva, a subsidiary of SK Telecom, to distribute music and music contents content distribution services for SM, JYP, and Big Hit from February 1st. This contract is not a way of distributing contents according to the policy of the distributor. As a right company, the three companies participate not only in the planning and production of content but also in the distribution process, Of course, it is possible to acquire information and know-how of the market and build an internalization system.

    Therefore, it is expected that it will help to develop enterprise and market through planning and distribution know-how, market information, and long-term interaction with the market. In addition, the company plans to actively review block chain technology, which is highly likely to be used for music copyright protection and transparency of transaction records, and will make every effort to improve and develop current content distribution and transaction structure.

    In the first half of this year, we will apply this method to the content distribution business of the three entrants in the first half of the year.

    On the other hand, SM Kim Young Min CEO, SM Hansemin CEO, JYP Jung Wook CEO, Big Hit Bushi Shim Hyuk CEO and SK Telecom CEO Jong Un Kim Unicorn Labs attended the music business agreement ceremony held at Euljiro Euljiro headquarters at SK Telecom headquarters.

    - Google translation.​
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    Explosive response of CES visitors to 'everysingTV' K-POP demonstration

    SM Entertainment and iriver have unveiled the new concept karaoke platform device 'everysingTV' at CES 2018, the world's largest consumer electronics exhibition.

    'EverysingTV', which is the number one karaoke application in Korea, 'everysing' is extended to TV, is a karaoke platform-based device that can enjoy high quality video and music simultaneously in 5G ubiquitous environment. With the award-winning ASTELL & KERN TERATON solution, the sound and sound quality is dramatically improved to Mastering Quality Sound level.

    In addition, you can enjoy various features of 'everysing' such as new song updated every day, duet with star, score evaluation, recording and recording, live sticker decoration, SNS sharing and so on with high quality video and music on TV. Is expected to play a role in spreading the Asian karaoke culture to the Americas and South America through B2B sales as well as B2C.

    In this exhibition, we will demonstrate 'everysing TV' with the concept of home party. We will show you how to enjoy various KPOPs such as 'Peek-A-Boo' and NCT U 'Without You' of Red Velvet in a relaxed atmosphere with friends. And foreigners who visited the site also took the karaoke experience.

    SM and iriver will participate in 'CES 2018' in Las Vegas, Las Vegas Convention Center, and 'ASTELL & ASPR' in Las Vegas Convention Center until the 12th (CET) Introduces new entertainment services and devices that enable consumers to consume the most important high-quality music and video content.

    - Google translation.​​
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    Presenting digital lifestyle brand 'ASTELL & ASPR'
    CES 2018 introduces new digital entertainment lifestyle brand and service in 5G era, core trend

    SM Entertainment (SM) and iriver joined together to showcase digital lifestyle brand 'ASTELL & ASPR' at CES 2018, the world's largest consumer electronics exhibition.

    SM and iriver participated in 'CES 2018' in Las Vegas, USA from 9th to 12th (local time), Mastering Quality Sound audio brand of ASTELL & KERN, which won the CES 2018 'Best Innovation Award' And the world-recognized producer of SM, ASTELL & ASPR, a digital lifestyle brand that was born.

    The introduction of 5G, the core trend of CES in 2018, means that vast amounts of data will be served without interruption and delay, and consumers will be able to enjoy high quality music and video in the ubiquitous environment in earnest. SM and iriver will present 'ASTELL & ASPR' in '2018 CES' to showcase new entertainment services and devices that will enable consumers to consume the most important and high-quality music and video contents in this ultra-fast, .

    Among the exhibits, iriver's ASTELL & KERN won the 'Best Innovation Award' in the 'CES 2018' portable media player for being one of the most innovative products in design and technology competition in competition with global MQS audio brands, At the same time, we won the "Innovation Award" and proved once again the world-class technology. In 2018, 2016, 2017 and 2018, we will be named CES Innovation Award. We are looking forward to the launch of the digital lifestyle brand 'ASTELL & ASPR' .

    In this exhibition, we show 'everysingTV' which has improved the sound and sound quality to the level of MQS by installing ASTELL & KERN's TERATON solution in a device based on a karaoke platform that can enjoy high quality video and music simultaneously in 5G ubiquitous environment.

    SM Kim Young-min, General Manager of SM, said, "Technology has developed at an alarming rate and now seems to be leveling upward. In such a case, the importance of entertainment contents will become even higher, and with the development of technology, people will want more high-quality, high-definition, high-quality content. This year, we will show the first collaboration products of ASTELL & KERN and ASTELL & ASPR, which received the CES 'Best Innovations Award' this year. We also have ASTELL & KERN's TERATON chipset for IOT-based karaoke platform that enjoys high quality and high quality at the same time. "We are showing 'everysingTV'."

    The brand name of ASTELL & ASPR is a combination of Latin Astell, which means star, and ASPR, which means ASPR, which means Aspire, which is a desire to be combined. With the ambition of star, desire for style, desire for technology, It was meant to be born to conform. 'ASTELL & ASPR' aims to be a brand that encompasses the music, fashion, and technology of K-POP culture. Young consumers from all over the world, from acoustic / electronic devices and various devices to apparel, It will create a variety of products that express your own unique personality.

    - Google translation.​​