SM Entertainment

SM Entertainment Co., Ltd. (KoreanSM엔터테인먼트) is South Korea's largest entertainment company,[3] founded in 1995 by Lee Soo-man. The company has developed and popularized numerous K-pop stars with huge global fandoms.[4][5] SM is known for having led the global K-pop phenomenon and the musical side of "Hallyu",[6] also known as the "Korean Wave", with early overseas successes such as H.O.T. and BoA.[7]

SM Entertainment Co., Ltd.
Native name
에스.엠. 엔터테인먼트
SM 엔터테인먼트
Formerly
SM Studio (1989–1995)
Public
Traded asKRX: 041510
KRX 100 Component
Industry
Genre
FoundedFebruary 14, 1989; 31 years ago (1989-02-14)
(as SM Studio)
February 14, 1995; 25 years ago (1995-02-14)
(as SM Entertainment)
FounderLee Soo-man
Headquarters,
South Korea
Key people
Lee Sung-soo (CEO)
Tak Young-joon (CMO)
Services
  • Record Distribution
  • Licensing
  • Publishing
RevenueIncrease US$ 555.01 million (2019)
Increase US$ 44 million (2018)
Owner(Shareholder Structure [1])
Number of employees
486 (2019)
Divisions
  • SM Entertainment Japan Inc. (2001)
  • SM Entertainment USA Inc. (2008)
  • SM Brand Marketing (2008)
  • SM F&B Development (2008)
  • SM Amusement (2008)
  • SM True Co., Ltd (2011)
  • Dream Maker Entertainment (2012)
  • SM Entertainment Beijing Co., Ltd (2012)
  • SM Mobile Communications (2015)
  • galaxiaSM (since 2015)
  • ESteem (since 2015)
  • Mystic Story (since 2017)
  • SM Planner (2017)
  • everysing (2017)
  • KEYEAST (since 2018)
  • Million Market (since 2018)
  • SM Entertainment Indonesia (since 2019)
  • SM Entertainment Vietnam (since 2020)
Subsidiaries
Websitewww.smtown.com
www.smentertainment.com

The label has also represented K-pop artists such as S.E.S., TVXQ!, CSJH The Grace, Super Junior, Girls' Generation, J-Min, SHINee, f(x), Zhou Mi, EXO, Red Velvet, NCT and aespa, and previously represented Fly to the Sky, Shinhwa, TraxX, and Henry Lau. It also manages actors, including Kim Min-jong and Lee Yeon-hee. In Japan, SM Entertainment co-publishes Avex Trax releases for artists including Ayumi Hamasaki, Namie Amuro, and Koda Kumi, as well as Johnny's Entertainment artists such as Arashi and KAT-TUN.[8]

HistoryEdit

1989–2000: Creation and first generation artistsEdit

 
BoA in May 2019

After graduating from California State University, Northridge in the United States, Lee Soo-man returned to Korea and in 1989 established what was then known as "SM Studio" in the Apgujeong neighborhood of Gangnam, Seoul. In February 1995, the company changed its name to SM Entertainment and set up its capital fund.[9] SM then developed an in-house production system and created a string of successful artists, including boy band H.O.T. in 1996, girl group S.E.S. in 1997, boy band Shinhwa in 1998, R&B duo Fly to the Sky in 1999, and soloist BoA in 2000.

Jung Hae-ik was appointed CEO at the time of SM Entertainment's official reestablishment in 1995,[10] and was succeeded by Kim Kyung-wook in 1998.

2000–2005: Affiliations and second generation artistsEdit

 
Super Junior at KCON in 2015.

The early 2000s saw the disbandment of both H.O.T (in 2001) and S.E.S (in 2002).[11] Shinhwa departed to a new agency, and new acts like the duo Isak N Jiyeon and the boy band Black Beat failed to attain the popularity of previous SM artists.[11] In December 2000, SM established an affiliate company called Fandango Korea.[12] In January 2001, the company founded an overseas division, SM Entertainment Japan.[13] Around the same time, the company was approved for listing on KOSDAQ, and SM established an affiliation with the Japanese major label Avex Trax. SM also formed the subsidiaries BM Entertainment and Cid. K Entertainment (under which the girl groups M.I.L.K. and Shinvi were signed, respectively), but they later dissolved when their groups disbanded.

In late 2002, SM was awarded the Grand Prix of Ministry of Culture and Tourism for the Culture Contents for Export Award in music.[14]

In 2003, SM became affiliated with Starlight Corporation Ltd. and C-Cube Entertainment Corporation. That same year, the company debuted five-member boy group TVXQ. The following years saw the debuts of artists such as TRAX (2004), The Grace (2005), and Super Junior (2005).

2005–2010: Expansion and international artistsEdit

 
Girl's Generation at the DMC Festival in September 2015

In 2005, Kim Young-min became the company's third CEO,[7] under whom several artists debuted with a view to promoting outside of South Korea. Artists produced by SM during this period included Chinese-born soloist Zhang Liyin (2006), Japanese-language soloist J-Min (2007), Girls' Generation (2007), Shinee (2008), and f(x) (2009). In April 2008, SM debuted a Mandarin-language sub-unit of Super Junior, named Super Junior-M. In October 2008, SM announced plans for BoA's debut in the American market, under a newly formed subsidiary label named SM Entertainment USA.

In May 2008, the SM Art Company opened under co-CEO Pyo In-bong, with a focus on producing theatrical works. The company's first venture was a production of the American musical comedy Xanadu, starring Super Junior members Heechul and Kangin.[15]

2010–2012: Joint and further venturesEdit

 
Shinee in October 2016

In February 2010, after two decades on SM Entertainment's board of directors, founder Lee Soo-man resigned from his position in order to "focus more energy on SM's overseas business, new business management, and artist development.”[16] In March of the same year, KMP Holdings was established as a joint venture between SM Entertainment, YG Entertainment, JYP Entertainment, Star Empire, Medialine, CAN Entertainment, and Music Factory.[17] The firm's first release from SM was Super Junior's fifth studio album, Mr. Simple, which marked the end of SM's self-distribution. In May, SM announced its highest ever first quarter operating profits, at KR₩10.4 billion, up 471% from the same period the previous year. Gross revenue was reported at KR₩22.7 billion, a 58% increase on the previous year.[18]

In April 2011, SM Entertainment, YG Entertainment, JYP Entertainment, KeyEast, AMENT, and Star J Entertainment came together to form United Asia Management, a joint investment agency geared towards advancing Asian music worldwide. That August, SM joined with Thai media company TrueVisions to create an international joint venture, SM True.[19]

 
f(x) in October 2015
 
Exo in June 2016

In 2012, SM debuted the large-scale boy group EXO, split into two units in order to promote in Korea and China simultaneously.[20] In February, SM acquired Hawaiian travel firm Happy Hawaii and launched SMTown Travel, a new business initiative specializing in travel and tourism under Kang Jung-hyun.[21][22] Later that year, SMTown Travel offered package deals for overseas fans attending Super Junior's Super Show 4 Tour encore concerts in Seoul.[23] In March, 47 of SM Entertainment's recording artists became stockholders of the company. Kangta, BoA, and most members of Super Junior and Girls’ Generation received 680 shares each (with a value of approximately US$27,200 per person), while members of more recent groups like Shinee and f(x) received 340 shares each (with a value of around US$13,600 per person).[24] In August, SM held an art exhibition at the COEX Convention & Exhibition Center,[25] and collaborated with Visa and KB Kookmin Card to begin printing SM artist cards.[26] That same month, Korean TV personalities Kang Ho-dong and Shin Dong-yup announced that they had signed exclusive contracts with SM's new broadcasting subsidiary, SM Culture & Contents (SM C&C), marking SM's expansion into television.[27][28] The next month, in September, SM C&C merged with AM Entertainment (which then represented top actors such as Jang Dong-gun, Kim Ha-neul, and Han Ji-min),[29] and two other TV personalities, Lee Su-geun and Kim Byung-man, announced that they had also signed with SM.[30] In November, KMP Holdings was acquired by KT Music, and in June 2013, KT Music absorbed KMP's distribution network.[31]

2013–2015: Third generation artistsEdit

 
Red Velvet in May 2019

In 2013, SM C&C acquired Hoon Media (a production company led by Lee Hoon-hee, responsible for KBS serials 1 vs 100, Heroines 6, Qualifications of Men, and Music Bank) and Woollim Entertainment, a record label responsible for artists such as Infinite.[32] In January 2014, SM and the other six talent agencies behind KMP Holdings formed a collective bond partnership and bought 13.48% of KT Music's stocks, leaving parent KT Corporation with 49.99%.[33] In February, SM acquired a share in Baljunso, an indie record label founded in 1991 by Kang Byung-yong.[34] On August 1, SM debuted Red Velvet, its first girl group since f(x) five years prior.

In August 2015, SM partnered with sports marketing company IB Worldwide to create Galaxia SM, responsible for golfer Park In-bee, gymnast Son Yeon-jae, and Choo Shin-soo, right fielder for the Texas Rangers.[35] On November 6, the 10th anniversary of Super Junior's debut, SM announced the creation of the group's own sub-label, Label SJ.[36] In late 2015, SM partnered with modeling company ESteem to promote self-owned content and network.[38] The venture later expanded its acting division through the acting debuts of models Ki Do-hoon and Lee Cheol-woo.

In 2015, SM Entertainment had reported revenues of KR₩325 billion (approximately US$287 million) and a net income of KR₩21.7 billion (US$19 million).[37]

2016-present: International expansion and business partnershipsEdit

 
NCT 127 during a recording of Music Bank in October 2018
 
NCT Dream during a recording of Music Bank in August 2018

In January 2016, founder Lee Soo-man held a conference at the SM Coex Artium, announcing plans for a new boy group, NCT (Neo Culture Technology), with "unlimited members".[38][39] The first unit of this group, NCT U, released its first two singles in April 2016.[40] NCT has since expanded to three more units - the South Korea-based fixed unit NCT 127 in July 2016,[41] the youth/teen-aged unit NCT Dream in August 2016,[42] and the China-based WayV in January 2019.[43] WayV is being managed by their own sub-label, Label V.[43]

At the beginning of the year, the company opened a restaurant, SMT Seoul,[44] and also established a series of stores selling branded foods under the name SUM Market.[45] On February 11, 2016, the Chinese e-commerce giant Alibaba Group acquired a 4 percent minority stake in SM Entertainment for US$30 million.[46]

On May 5, 2016, SM released the first single under its newly established EDM label ScreaM Records, "Wave", featuring f(x) members Amber and Luna and produced by Xavi & Gi and E-mart's Electro Mart.[47][48] ScreaM Records opened as part of SM's New Culture Technology 2016 project, under which SM also initiated the digital music channel SM Station and a number of mobile apps.[49] In late 2016, SM began organizing a League of Legends tournament called SM Super Celeb League, in which SM artists Heechul and Baekhyun played against both professional gamers and fans from South Korea and China.[50]

On February 16, 2017, a source from the task force in charge of the international K-pop academy has plans to open this upcoming September. The Gangnam-based academy is a collaborative venture with the private Jongro Sky Academy. Plans for the school to be certified as an alternative program for domestic Korean middle and high school education, as well as US secondary school education, are also underway.[51] In March 2017, SM acquired the independent record label Mystic Entertainment, becoming the label's largest shareholder.[52]

In October 2018, SM partnered up with Trans Media of Indonesia, which was owned by CT Corp.[53] In February 2019, Trans Media and SM signed their Heads of Joint Venture Agreement together.[54] Later, on the same month, SM opened its Indonesian office in Jakarta.[55][56]

 
SuperM at a press conference in October 2019

On August 8, 2019, SM and Capitol Music Group – which earlier signed NCT 127 in April 2019[57] – announced SuperM, a supergroup consisting of Taemin from SHINee, Baekhyun and Kai from EXO, and Taeyong, Ten, Lucas and Mark from NCT units NCT 127, NCT Dream and WayV, in the 2019 Capitol Congress event in Los Angeles.[58] The group debuted in October 2019.[58] The group's self-titled EP entered the Billboard 200 albums chart at number one, making SuperM the first Asian artist in history to top the US album chart with a debut release.[59]

In November 2019, SM Entertainment signed with Creative Artists Agency for representation in all areas.[60]

In March 2020, SM Entertainment appointed production head Lee Sung Soo as the company's new CEO, as well as Tak Young Joon as SM's new chief marketing officer (CMO).[61]

By April 2020, it was announced SM Entertainment and Naver had signed a Memorandum of Understanding (MOU) with purpose to expand the reach of concerts to global audience. The joint efforts leads to the creation of Beyond Live, a series of online live concerts, which were created in light of the ongoing COVID-19 pandemic.[62] On April 20, SM Entertainment released the first trailer on their official YouTube channel announcing the upcoming series of live concerts dubbed as the "new era of live concert", with the first live show to be headlined by SuperM.[63] The concerts are hosted on Naver's V Live app and made available to audience from more than 200 countries. On August 3, Naver invested ₩100 billion in SM. This would be used for their subsidiaries SMEJ Plus and Mystic Story, as well as plans for merging their fanclubs into V Live's Fanship platform and developing more Beyond LIVE concerts.[64] A day later, SM announced its partnership with JYP Entertainment to establish Beyond LIVE Corporation, a joint company for producing Beyond LIVE concerts.[65][66]

SM Town COEX Artium closed in June 2020.[67] Expected to replace it is a new "culture complex" located in Changwon, which has been planned since 2016 and expected to finish construction by 2020.[68] In addition to the new complex, SM partnered with Jongro Haneul Education to launch SM Institute, which is an educational facility to train local and international students to become aspiring artists; the Institute is expected to open in March 2021.[69]

On June 12, it was announced that SM partnered with Seoul Philharmonic Orchestra to record orchestral versions of popular SM K-pop songs under the name SM Classics.[70][71] SM Classics has released three reworked songs so far: "Red Flavor" by Red Velvet, "End of a Day" by Jonghyun, and "Tree" by BoA.[72][71]

In October 2020, SM announced the November debut of Aespa, their first new girl group in six years.[73]

SubsidiariesEdit

 
Company logo until October 2017

Source:[74]

  • SM C&C (2012)
  • Dream Maker Entertainment (2006)
  • SM Life Design Group (2018)
  • SM True (2011)
  • SM Brand Marketing (2008)
  • DEAR U (2017)
  • Galaxia SM (2004)
  • Million Market (2018)
  • SM Japan (2001)
  • KeyEast (2018)
  • SM USA (2008)
  • SM F&B Development (2008)
  • SM TOWN Planner (2017)
  • ESteem (2015)
  • Mystic Story (2017)

LabelEdit

  • Label SJ (2015)
  • ScreaM Records
  • Label V
  • All I Know Music (AIKM)
  • SM Entertainment Classic Label

ArtistsEdit

DiscographyEdit

FilmographyEdit

ControversiesEdit

Contractual disputesEdit

JYJ (TVXQ)Edit

In late July 2009, three of the five original members of SM Entertainment boy group TVXQKim Jaejoong, Park Yoochun, and Kim Junsu – applied to the Seoul Central District Court to investigate the validity of their contract with SM,[75][76] as they felt the thirteen-year contract was excessively long and that earnings were not fairly distributed to the members,[77] but contract destruction, they shall be compensated to the Employer by three times the total investment amount and two times the ordinary profit during the remaining contract period.[78] The news of this dispute caused SM Entertainment's KOSPI stock price to drop by 10.06%.[79] In addition, 120,000 fans of TVXQ filed a petition against SM's long-term contracts to the Seoul Central District Court, and also filed for compensation for an SMTown Live Concert that was canceled a week before its scheduled date.[80]

Their statement read, "(They) have had health problems and finally reached their physical limits, but SM Entertainment continued to send them abroad and plan excessive activities. Thus, the three members have started to hope they will be able to continue their careers as they wish, instead of being used as tools for the agency's profits."[81]

The court ruled in the favour of the three ex-members. In response, SM held a press conference claiming that the lawsuit was fraudulent, and filed an injunction.[82][83] In early May 2010, it was announced that Jaejoong, Yoochun, and Junsu would return to the stage as JYJ under a new management agency, C-JeS Entertainment.[84] The injunction was dismissed by the Seoul Central District Court on February 17, 2011, and the final decision on the case was postponed indefinitely for mediation under the justice department.[85][86]

On November 28, 2012, during a voluntary arbitration at the Seoul Central District Court, SM Entertainment and JYJ reached a mutual agreement to terminate all contracts between the two parties and not to interfere with each other's activities in the future, concluding the lawsuit.[87] SM reportedly stated that they had decided to end the litigation "to avoid bringing additional harm to U-Know Yunho and Max Changmin, who are active as TVXQ, and to avoid making any more unneeded issues."[88][89]

Han GengEdit

On December 21, 2009, five months after the three former TVXQ members filed their lawsuit and while the dispute was still active, Han Geng, the only Chinese member of Super Junior, also filed a lawsuit against SM. Han Geng filed for similar reasons: unfair profit distribution, and an unfair thirteen-year contract that contained provisions in SM's favor that he was not allowed to revise or end.[90] The artist's friend and later manager Sun Le also submitted a statement to the Korean courts citing SM Entertainment's violation of Han Geng's rights, which was later leaked via the internet.[91] The statement argued that SM had discriminated against Han Geng financially as well as in terms of management.

On September 27, 2011, Han Geng's departure from Super Junior was made official when legal representatives of both Han Geng and SM released a joint statement saying that "Han Geng and SM Entertainment have amicably settled on a mutual agreement, and the lawsuit was able to come to a close after Han Geng submitted his 'Notice of Withdrawal of Appeal.'"[92][93]

Kris WuEdit

On May 15, 2014, Kris Wu, a Chinese-Canadian member of EXO, filed a lawsuit to terminate his contract with SM, as first reported by Chinese news portal Sina.[94][95] He was represented by Cho Bum-suk, the same lawyer that handled Han Geng's case. Kris, whose real name is Wu Yifan, was quoted as saying, "The company has treated me like a machine part or as an object of control rather than presenting a vision as an entertainer."[96] He left the group in the same month that the lawsuit was made public, while the rest of the group continued to promote their single "Overdose." On July 21, 2016, Kris officially parted ways with EXO, although his contract with SM remains valid until 2022.[97]

Jessica JungEdit

On September 29, 2014, Girls' Generation member Jessica Jung claimed in a Weibo post that she had been forced out of the group, writing:

I was excited about our upcoming fan events only to shockingly be informed by my company and 8 others that as of today, I'm no longer a member. I'm devastated – my priority and love is to serve as a member of GG, but for no justifiable reason, I am being forced out.[98]

The following day, Jung released a statement claiming that in August 2014 her fellow group members and SM had been positive about the launch of her fashion business, Blanc and Eclare. As of early September, she claimed, they had all changed their stance, and she was directed to either close the business or cease promotions as a member of Girls' Generation. She claimed to have received the day before a "one-sided notice" asking her to leave the group.[99]

However, according to SM, Jung had unilaterally informed them in early spring that she would leave the group after one more album. But before agreements could be made, she had set up her independent business, which caused problems for the group's professional schedules. This prompted management to begin promoting Girls' Generation as eight members rather than nine, with the intention of announcing the news; however, Jung had already "posted her own perspective”. The company then stated that the group would henceforth continue as eight, while they would still manage Jung's individual schedule.[100] In the days immediately after this news came to light, company stocks dropped by KR₩3,350 per share, from KR₩40,750 to KR₩37,400, losing SM a total of KR₩69 billion (approximately US$65 million).[citation needed]

On August 6, 2015, Jung and SM Entertainment reached an agreement to terminate her contract, with Jung stating, "This release is to confirm that SM Entertainment ('SM') and I have officially parted ways. I will cherish the many years we spent and I wish SM the best of luck in all of its endeavors."[101]

Lu HanEdit

On October 10, 2014, Lu Han became the second Chinese member of EXO to file to nullify his contract with SM Entertainment and leave the group, just over four months after Kris had done the same.[102][103][104] His lawsuit included the claim that SM had favored the Korean sub-unit EXO-K over the Chinese sub-unit EXO-M. Within 15 minutes of the announcement, company stocks had dropped by 9.41%, from KR₩37,000 to KR₩33,250 per share.[citation needed] The stock's worth contracted by 15%, hitting the maximum decrease in price KOSDAQ allows for a day, and falling to a more-than-one-year low.[105] On July 21, 2016, Lu Han officially parted ways with EXO, although his contract with SM remains valid until 2022.[97]

No Min-wooEdit

In April 2015, No Min-woo, a former member of TRAX, filed a lawsuit against SM for subjecting him to an unlawful seventeen-year contract.[106] No alleged that SM had also interfered with his career after he had left the company, and sought KR₩100 million in damages.[107] No lost his lawsuit against SM Entertainment on July 21, 2016.[108]

Huang ZitaoEdit

On August 24, 2015, Tao became the third Chinese member of EXO to file against SM and leave the group, being represented by the same legal team that represented former members Kris and Lu Han. On January 5, 2016, SM won one of its counter-lawsuits against Tao per the ruling of the Intermediate People's Court in Qingdao, China. The agency sued Tao over his failure to repay the company after his departure. They released an official statement saying, "SM has ongoing lawsuits against EXO members Wu Yifan (Kris), Luhan, and Tao for violating their exclusive contracts and partaking in illegal promotions in China. Among these lawsuits, SM filed a lawsuit against Tao for failing to repay SM on October 13, 2015. An intermediate court in Qingdao, China made the verdict that Tao is to repay SM Entertainment as well as interest for the delayed payment."[109][110]

2009 MAMA Awards boycottEdit

On November 21, 2009, SM Entertainment boycotted the Mnet Asian Music Awards event, claiming reservations regarding the standard of fairness and the criteria used in Mnet's selections for award recipients.[111] The company specifically mentioned Girls' Generation, who had topped Korean music charts for nine consecutive weeks and had won numerous awards for their single "Genie", but had never won on Mnet's weekly M! Countdown show, and had only appeared on their charts a month after the album release. SM also cited the fact that voters had to pay a fee, saying that they "did not want to see fans suffer any damage from the poll, which has commercial intentions."[112]

Fair Trade Commission scrutinyEdit

In 2010, the Korea Fair Trade Commission (KFTC) undertook an investigation into SM Entertainment's policies, especially regarding artists' contract terms, and concluded that they were unfair. Artist contracts were subsequently reduced by a length of three years, and there was a reduction in the penalties for breach-of-contract violations. All the artists signed under SM at the time re-contracted with the agency under the new terms.[113]

SM was also one of fifteen companies sued and fined by the KFTC for price rigging in 2011.[citation needed]

In 2012, SM was accused of colluding with music distributors, but was cleared of the charge. On August 16, the Seoul High Court revealed their verdict on the issue: "The KFTC has canceled all corrective orders against SM Entertainment, and the lawsuit costs will be paid by the defendant."[114]

Red Velvet music video controversyEdit

In August 2014, after the release of Red Velvet's music video for "Happiness", Japanese media reported that images referencing the bombing of Hiroshima and Nagasaki, as well as the 9/11 attacks, were seen in the background of the video. SM Entertainment responded to the reports, stating that "after questioning the director, we found that he simply used a collage source for the images, and there was no intention behind it." The representative added, "As SM wasn't able to catch it before, we will remove the material that caused the misunderstanding as soon as possible. We will make sure not to let this kind of thing happen in the future." SM later uploaded a new version of the music video without the controversial images.[115]

ReferencesEdit

  1. ^ "IR Shareholder Structure".
  2. ^ "FNC, SM과 전략적 제휴…'SM라이프디자인그룹'으로 사명 변경(공식)".
  3. ^ "'배용준 사단' 품은 SM, 1조 엔터공룡 됐다" (in Korean). Retrieved November 19, 2018.
  4. ^ "The big 3 of Korean pop music and entertainment:The DONG-A ILBO". english.donga.com. Retrieved April 20, 2016.
  5. ^ Forbes Staff (July 31, 2013). "Korea's S.M. Entertainment: The Company That Created K-Pop". Forbes.
  6. ^ "[단독] SM 스타 및 직원 350여명,하와이로 대규모 단합 대회 떠난다…각종 화제, 진풍경 잇따라" (in Korean). Retrieved November 19, 2018.
  7. ^ a b "After 20 years, SM Entertainment to expand overseas base". koreatimes. December 7, 2015. Retrieved May 17, 2016.
  8. ^ "SMTOWN J-POP ZONE". S.M. Entertainment.
  9. ^ Friedrichsen, Mike; Mühl-Benninghaus, Wolfgang (2013). Handbook of Social Media Management: Value Chain and Business Models in Changing Media Markets. Berlin: Springer Science & Business Media. p. 553. ISBN 978-3-642-28896-8.
  10. ^ "소년공화국 "이름 때문에 북한 아이돌 아니냐더라"". Daum 연예. Retrieved May 17, 2016.
  11. ^ a b "SM Black History". news.donga.com (in Korean). November 11, 2015. Retrieved May 11, 2018.
  12. ^ "SM Entertainment merged with Fandango Korea". No-Cut News (in Korean). Retrieved May 11, 2018.
  13. ^ "Searching for entertainment industry power ②. SM entertainment". 이투데이 (in Korean). April 12, 2013. Retrieved May 11, 2018.
  14. ^ "Lee Soo-man SM Group Leader – Leader of popular culture industry moving entertainment industry". people.incruit.com. Retrieved May 11, 2018.
  15. ^ Koh Young-aah "Super Junior members set to make move into musicals" Korea Herald. May 30, 2008. Retrieved April 3, 2012.
  16. ^ Kun-ouc, Park (February 25, 2010). "Lee Soo-man steps down from SM board of directors". 10 Asia. Retrieved April 27, 2012.
  17. ^ "Korean Music Power: KMP Holdings Co. Ltd. Launched!" Maeil Kyungje. March 18, 2010. Retrieved October 6, 2012 (in Korean)
  18. ^ Kim, Lynn (May 13, 2010). "SM Entertainment records biggest Q1 profit". 10 Asia. Retrieved May 4, 2012.
  19. ^ "SM 엔터, 태국서 첫 해외 합작법인 'SM True' 설립" [SM Entertainment establishes joint venture company with Thailand’s True Visions Group, ‘SM True’]. Naver News (in Korean). August 17, 2011. Retrieved October 6, 2012.
  20. ^ "SM 새 그룹 EXO, 30일 프롤로그 싱글 공개". 네이트뉴스 (in Korean). Retrieved April 21, 2016.
  21. ^ Mun, Wan-Sik (February 27, 2012). "SM Entertainment takes over travel agency". Star News. Archived from the original on August 24, 2012. Retrieved May 1, 2012.
  22. ^ "SM Global Package On Sale!". www.smtowntravel.com. Retrieved April 21, 2016.
  23. ^ Ho, Stewart (April 23, 2012). "Super Junior to Hold Encore Concert in Seoul in May". enewsWorld. CJ E&M. Retrieved April 26, 2012.
  24. ^ Kim, JiYeon "SM Artists Take on SM Stock" Mnet News. March 27, 2012. Retrieved March 30, 2012.
  25. ^ Kim, Hyung-eun (August 10, 2012). "Fantasies come true at the high-tech SM ART exhibit". Joongang Daily. Archived from the original on January 26, 2013. Retrieved October 6, 2012.
  26. ^ "SM 체크카드 나온다, VISA-KB국민카드와 MOU체결" [SM Entertainment to make MOU contract with VISA and KB Card]. Daum (in Korean). July 26, 2012. Retrieved October 6, 2012.
  27. ^ Lee, JinHo (August 17, 2012). "Kang Ho Dong Announces Return by Signing with SM C&C". enewsWorld. CJ E&M. Retrieved August 18, 2012.
  28. ^ Choi, Eunhwa (August 18, 2012). "Three Reasons Why Kang Ho Dong Signed with SM". enewsWorld. CJ E&M. Retrieved August 18, 2012.
  29. ^ Ho, Stewart (September 19, 2012). "SM C&C Takes Over AM Entertainment – Home to Jang Dong Gun, Kim Ha Neul and Others". enewsWorld. CJ E&M. Retrieved October 6, 2012.
  30. ^ Ho, Stewart (September 19, 2012). "Lee Su Geun, Kim Byung Man Join Kang Ho Dong at SM C&C?". enewsWorld. CJ E&M. Retrieved October 6, 2012.
  31. ^ "(kt PR room) KT to acquire KMP Holdings to strengthen its music businesses". KT Corporation. November 23, 2012. Retrieved August 2, 2013.
  32. ^ Aysohmay (August 9, 2013). "SM Entertainment Acquires Woollim Entertainment, Creates New Sublabel". Jpopasia. Jpopasia. Retrieved April 20, 2016.
  33. ^ Cho Seung-hoon (January 24, 2014). "SM, YG, JYP lead 7 companies as KT Music's new stakeholders". Gaon Music Chart. Korea Music Content Industry Association. Archived from the original on October 6, 2014. Retrieved September 17, 2014.
  34. ^ "KPOP NEWS – SM Entertainment Invests in Indie Label Baljunso to Spotlight Nonmainstream Music | Mwave". mwave.interest.me. Retrieved May 17, 2016.
  35. ^ Korea Times: SM, IB Worldwide ink deal to create 'sportainment'
  36. ^ "KPOP NEWS – Exclusive Super Junior Label ′Lable SJ′ [sic] Established for 10th Anniversary". Mwave. Retrieved May 17, 2016.
  37. ^ "041510.KQ Income Statement | S.M. Stock – Yahoo! UK & Ireland Finance". uk.finance.yahoo.com. Retrieved April 20, 2016.
  38. ^ "SM Entertainment's next boy band to have 'unlimited' members". kpopherald.koreaherald.com. Retrieved May 17, 2016.
  39. ^ "S. Korea firm unveils K-pop band with limitless members". www.yahoo.com. Retrieved May 17, 2016.
  40. ^ "SM's new K-pop band NCT U to debut this week". koreatimes. April 4, 2016. Retrieved May 17, 2016.
  41. ^ "(UPDATE) #NCT127: SM Entertainment Unveils Members Of New NCT Sub-Unit". Hype. Retrieved February 12, 2018.
  42. ^ "NCT DREAM, 데뷔곡 '츄잉검' 25일 '엠카'서 첫선". Naver (in Korean). Star Money. August 19, 2016.
  43. ^ a b Herman, Tamar. "WayV Represents SM Entertainment's Goals For Global Dominance Through Cultural Technology". Forbes. Retrieved January 20, 2019.
  44. ^ "SM Entertainment opens up-scale restaurant SMT Seoul – Pulse by Maeil Business News Korea". pulsenews.co.kr. Retrieved May 17, 2016.
  45. ^ "[단독] SM엔터, 본사에 '엑소 편의점' 연다…지난해 말 이수만-정용진 만나 밑그림". news.joins.com. February 17, 2016. Retrieved May 17, 2016.
  46. ^ Kang, John. "Why Alibaba Bought $30M Stake In K-Pop Giant SM Entertainment, Home To EXO And Girls' Generation". Forbes.
  47. ^ "SM's EDM label to drop first track". The Korea Herald. Retrieved May 17, 2016.
  48. ^ "SM, EDM레이블 'ScreaM Records' 설립..5월6일 첫곡 발표". Naver. Retrieved May 17, 2016.
  49. ^ Yi, Lily. "Introducing NCT: How SM Entertainment is taking advantage of digital platforms to take over the global entertainment market". www.koreadailyus.com. Retrieved May 17, 2016.
  50. ^ "'김희철-백현' 참여! 팬과 함께 하는 중국 LoL 이벤트전". inven.co.kr. November 3, 2016.
  51. ^ "SM, 올해 9월 강남 한복판에 'K팝 국제학교' 개교한다". insight.co.kr. February 16, 2017.
  52. ^ [1] star.mt 2017/03
  53. ^ "Trans Media partners up with S.M. Entertainment". TheJakartaPost.com (in Indonesian). October 10, 2018. Retrieved July 28, 2020.
  54. ^ "SM ENTERTAINMENT GROUP DAN PT TRANS MEDIA CORPORA MENGUMUMKAN DIMULAINYA KERJASAMA STATEGIS DAN KOLABORASI ARTIS PERDANA". Trans TV (in Indonesian). February 25, 2019. Retrieved July 28, 2020.
  55. ^ "5 Spot Foto Lucu di Kantor SM Entertainment Jakarta". VIVA.co.id (in Indonesian). February 8, 2019. Retrieved September 8, 2019.
  56. ^ Purnamasari, Deti Mega, ed. (February 8, 2019). "Ada Kantor Cabang, SM Entertainment di Indonesia Bakal Gelar Audisi". JawaPos.com (in Indonesian). Retrieved September 8, 2019.
  57. ^ Cirisano, Tatiana (April 4, 2019). "Capitol Music Group & Caroline Sign K-Pop Stars NCT 127 to Distribution Deal". billboard. Retrieved April 5, 2019.
  58. ^ a b Benjamin, Jeff (August 7, 2019). "Super M, 'The Avengers Of K-Pop,' Unveiled By SM Entertainment And Capitol Music Group". Forbes. Retrieved August 10, 2019.
  59. ^ "Meet SuperM, the K-Pop Supergroup That Skyrocketed to the Top of the Billboard Charts". Time. Retrieved April 28, 2020.
  60. ^ Kim, Jae-Ha (November 4, 2019). "K-Pop Powerhouse SM Entertainment, Home to NCT 127, SuperM and EXO, Inks With CAA". Variety. Retrieved November 5, 2019.
  61. ^ "SM엔터테인먼트, 이성수·탁영준 공동 대표 이사 선임 [공식입장]" [SM Entertainment appoints Lee Sung Soo and Tak Young Joon as co-CEOs]. Naver (in Korean). March 10, 2020. Retrieved May 11, 2020.
  62. ^ "K-pop stars look to online platforms to fill gap left by canceled performances". The Hankyoreh (english.hani.co.kr). Retrieved April 30, 2020.
  63. ^ Beyond LIVE : A new era of live concert begins – via YouTube
  64. ^ Yoon, Sanggeun (August 3, 2020). "SM, 네이버 손잡고 1000억원 투자 유치 "시너지 기대"[공식]" [SM and Naver join hands with 100 billion won investment]. MoneyToday (in Korean). Naver. Retrieved November 1, 2020.
  65. ^ "SM and JYP join hands to lead global online concert brand growth!". SM Entertainment. August 4, 2020. Retrieved August 6, 2020.
  66. ^ Yoon, So-Yeon (August 4, 2020). "SM Entertainment, JYP Entertainment join forces for Beyond LIVE Corporation". Korea JoongAng Daily. Retrieved August 6, 2020.
  67. ^ @smtownmuseum (May 18, 200). "SMTOWN@coexartium business closure notice" (Tweet) – via Twitter.
  68. ^ "SM Entertainment to build culture playground in Changwon". The Korea Herald. June 21, 2020. Retrieved October 28, 2020.
  69. ^ Choi, Hee-jae (September 9, 2020). "SM 엔터, 'K팝 스타 양성' 교육기관 설립…2021년 3월 개강 [공식입장]" [SM Entertainment establishes 'K-pop star training' educational institution...beginning in March 2021]. XSports News (in Korean). Naver. Retrieved November 1, 2020.
  70. ^ Oh, Hyunwoo (June 12, 2020). "오케스트라 선율로 옮긴 K팝…서울시향, SM과 협업" [K-Pop goes orchestra...SM and Seoul Philharmonic Orchestra team up]. Hankyung (in Korean). Naver. Retrieved October 31, 2020.
  71. ^ a b Yoon, So-Yeon (August 26, 2020). "'Our Beloved BoA' to wrap Friday with final remake of singer's most popular songs". Korea JoongAng Daily. Retrieved November 1, 2020.
  72. ^ Im, Eunbyel (August 30, 2020). "'New normal' orchestra in tune with COVID-19 era". The Korea Herald. Retrieved November 1, 2020.
  73. ^ "SM 신인 걸그룹 '에스파(aespa)' 11월 데뷔" [SM's new girl group Aespa to debut in November]. DongA (in Korean). Naver. October 26, 2020. Retrieved October 26, 2020.
  74. ^ "SM Entertainment GROUP COMPANIES". SM Entertainment. Retrieved December 31, 2018.
  75. ^ "TVXQ Feuds With SM Entertainment". The Korea Times. August 2, 2009. Retrieved August 3, 2009.
  76. ^ "Is TVXQ Headed for Breakup?". KBS World. August 3, 2009. Archived from the original on January 5, 2010. Retrieved August 3, 2009.
  77. ^ "TVXQ to Stick Together Despite Legal Dispute". The Korea Times. August 3, 2009. Retrieved August 3, 2009.
  78. ^ "TVXQ is a 'slave contract' ... SM, 'quasi-fraud'" (in Korean). Retrieved May 11, 2018.
  79. ^ Thomson Reuters. Korea Hot Stocks – Hankook Tire, SM Ent, Ssangyong Motor. Forbes.com. August 3, 2009. Retrieved August 3, 2009.
  80. ^ "TVXQ Fan Club Files for Compensation for Cancelled Concert". KBS World. September 3, 2009. Archived from the original on October 30, 2010. Retrieved September 3, 2009.
  81. ^ Sang-hee, Han. "TVXQ to Stick Together Despite Legal Dispute". The Korea Times. The Korea Times Co. Retrieved January 23, 2017.
  82. ^ "SM Entertainment Calls the TVXQ Suit a Big Fraud". KBS World. November 2, 2009. Retrieved November 2, 2009.
  83. ^ "JYJ Win Legal Battle with Former Management". Chosun Ilbo. February 18, 2011. Retrieved February 21, 2012.
  84. ^ "시아준수 등 동방신기 3인, 새 그룹 이름은 J.Y.J?" Yahoo News. May 20, 2010. Retrieved October 6, 2012 (in Korean)
  85. ^ "JYJ Win Legal Battle with Former Management". Chosun Ilbo. February 18, 2011. Retrieved February 21, 2012.
  86. ^ Park, HyunMin (September 19, 2012). "Decision on JYJ vs. SM Entertainment Case Postponed Indefinitely for Mediation". enewsWorld. CJ E&M. Retrieved November 27, 2012.
  87. ^ Sunwoo, Carla (November 29, 2012). "JYJ and SM finally reach agreement". Joongang Daily. Archived from the original on January 11, 2013. Retrieved December 5, 2012.
  88. ^ Park, HyunMin; Erika Kim (November 28, 2012). "SM and JYJ Put an End to Their Long, Winding Legal Suit". enewsWorld. CJ E&M. Retrieved December 5, 2012.
  89. ^ Lee, Tae Ho (November 28, 2012). "JYJ, SM Come to Agreement Regarding Exclusive Contract Issue". 10 Asia. Retrieved December 5, 2012.
  90. ^ "한경 "SM, 非정상적 활동강요" Star News. December 22, 2009. Retrieved May 1, 2012 (in Korean)
  91. ^ "Exclusive Interview with Han Geng's Team" (In Chinese with English Translation) Beijing Youth Weekly Magazine August 25, 2010. Retrieved May 1, 2012.
  92. ^ "SM Entertainment's official position: Han Geng has "come to a mutual agreement, and will terminate proceedings"". news.naver.com. September 2011. Retrieved November 10, 2011.
  93. ^ "Han Geng's official position: "SM Entertainment has amicably agreed"". 10asia.co.kr. September 2011. Archived from the original on October 17, 2011. Retrieved November 10, 2011.
  94. ^ "EXO-M队长吴亦凡提出解约 SM再陷解约门". sina.com.cn.
  95. ^ The Korea Herald. "EXO-M's Kris sues SM to end exclusive contract". koreaherald.com.
  96. ^ Phillip. "SM Entertainment's lawsuit history over 'unfair contracts'". HelloKpop. hellokpop.com. Retrieved January 23, 2017.
  97. ^ a b Alexander, Kevin (July 22, 2016). "Kris And Luhan's Contract Lawsuit Against SM Entertainment Ends". KPOPStarz. Retrieved July 23, 2016.
  98. ^ Jung's Weibo update on September 30, 2014 weibo.com (September 30, 2014). Retrieved 30 September 2014.
  99. ^ "Jessica's exits Girl's Generation". 한국일보 (in Korean). September 30, 2014. Retrieved May 11, 2018.
  100. ^ SM States that SNSD will Promote as Eight Without Jessica CJ E&M enewsWorld (September 30, 2014). Retrieved February 23, 2016.
  101. ^ kiddy_days. "Former Girls' Generation Member Jessica Officially Leaves SM Entertainment". Soompi. Viki Inc. Retrieved January 23, 2017.
  102. ^ "엑소 루한, SM엔터테인먼트에 소송…크리스 뒤 잇나". TV리포트 (in Korean). Retrieved May 17, 2016.
  103. ^ "엑소 루한, SM에 전속계약 해지소송…크리스와 같은 행보". www.mydaily.co.kr. Retrieved May 17, 2016.
  104. ^ "SM "루한 갑작스런 소송 당혹, 배후세력 의심된다" 공식입장". www.newsen.com. Retrieved May 17, 2016.
  105. ^ Lee, Min-Jeong (October 10, 2014). "EXO Member Luhan Files Lawsuit To Leave K-Pop Group". Wall Street Journal. Retrieved October 11, 2014.
  106. ^ "No Min-woo files damage suit against SM". The Korea Times. May 12, 2015. Retrieved April 20, 2016.
  107. ^ "No Min-woo claimed against SM". mk.co.kr (in Korean). Retrieved May 11, 2018.
  108. ^ "No Min Woo Loses Lawsuit Against SM Entertainment – Soompi". www.soompi.com.
  109. ^ "SM Entertainment Wins Lawsuit Against Tao". International Business Times. Retrieved June 19, 2016.
  110. ^ "SM, 엑소 전 멤버 타오 상대 부당행위 소송 승소" (in Korean). Naver. Retrieved June 19, 2016.
  111. ^ Han Sang, Hee (November 22, 2009). "Music Awards Has Fresh Yet Disappointing Start". Korea Times. Archived from the original on November 25, 2009. Retrieved December 13, 2009.
  112. ^ Kim, Jessica (November 3, 2009). "SM singers boycott Mnet music award". Asiae. Retrieved April 26, 2012.
  113. ^ "FTC, SM modified the contract of exclusive contract 'recognition'". mk.co.kr (in Korean). Retrieved May 11, 2018.
  114. ^ "SM엔터'음원유통 담합' 오명 벗어" [SM Entertainment cleared of accusations of colluding with music distributors]. Sports Hankooki (in Korean). August 16, 2012. Retrieved October 6, 2012.
  115. ^ "[Video] Red Velvet Re-Releases 'Happiness' MV with Edited Scenes". www.mnetamerica.com. Retrieved May 17, 2016.

External linksEdit