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SM Entertainment

SM Entertainment Co., Ltd.
Native name
SM 엔터테인먼트
FormerlySM Studio (1989–1995)
Company typePublic
KRX: 041510
Industry
Genre
Founded
  • February 14, 1989 (1989-02-14) (as SM Studio)
  • February 14, 1995 (1995-02-14) (as SM Entertainment)
FounderLee Soo-man
HeadquartersSM Entertainment 83-21, Wangsimni-ro, Seongsu-dong, Seongdong-gu, Seoul, South Korea
Area served
Worldwide
Key people
Services
RevenueIncrease 960 billion (US$839.2 million)[5] (2023)
Increase 115.8 billion (US$101.23 million)[5] (2023)
Total assetsIncrease 1.46 trillion (US$1.28 billion)[4] (2024)
Total equity879.6 billion (US$768.91 million)[4] (2024)
Owner
(as of June 30, 2024)[6]
Number of employees
695[4] (2024)
DivisionsSee divisions
Websitewww.smentertainment.com
www.smtown.com

SM Entertainment Co., Ltd. (Korean: SM엔터테인먼트) is a South Korean multinational entertainment agency established in 1995 by Lee Soo-man. It is one of South Korea's largest entertainment companies and has been responsible for fostering and popularizing the careers of many K-pop stars garnering huge global fanbases.[7][8] The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. SM Entertainment is known for having led the worldwide K-pop phenomenon and the musical side of "Hallyu",[9] also known as the "Korean Wave", with early overseas successes such as H.O.T., S.E.S., and BoA.[10]

The label currently represents K-pop artists such as Kangta, BoA, TVXQ, Super Junior, Girls' Generation, J-Min, Shinee, Zhou Mi, Exo, Red Velvet, NCT, Aespa, and Riize. SM's past artists include Hyun Jin-Young, H.O.T., S.E.S., Shinhwa, Fly to the Sky, The Grace, f(x), and Henry Lau. It also manages actors, including Lee Jae-ryong, Yoo Ho-jeong, and Cho Jun-young and previously represented Lee Yeon-hee and Go Ara, among others.

  1. ^ Kwaak, Jeyup S. (March 31, 2023). "SM Entertainment Appoints New CEO & Board as K-Pop Giant Looks to the Future". Billboard. Retrieved August 15, 2023.
  2. ^ "SM Entertainment founder Lee looks to the future as company appoints new management". The Korea Herald. March 31, 2023. Retrieved August 15, 2023.
  3. ^ a b Cite error: The named reference formerceo was invoked but never defined (see the help page).
  4. ^ a b c d "2023 SM Entertainment Sustainability Report" (PDF) (Press release). SM Entertainment. June 28, 2024. Retrieved December 5, 2024.
  5. ^ a b Kim, So-yeon (February 7, 2024). "SM, 지난해 매출 1조원 육박…매출액 9600억·영업이익 1154억" [SM, last year's sales were close to 1 trillion won... Sales of 960 billion won and operating profit of 115.4 billion won]. Maeil Business Newspaper (in Korean). Retrieved December 5, 2024.
  6. ^ "SHAREHOLDERS - SM Entertainment". SM Entertainment. Retrieved December 5, 2024.
  7. ^ Jang, Yoon-jung (July 26, 2011). "The Big 3 of Korean Pop Music and Entertainment". The Dong-A Ilbo. Archived from the original on November 9, 2020. Retrieved April 20, 2016.
  8. ^ Forbes Staff (July 31, 2013). "Korea's S.M. Entertainment: The Company That Created K-Pop". Forbes. Archived from the original on April 21, 2016. Retrieved September 11, 2017.
  9. ^ [단독] SM 스타 및 직원 350여명,하와이로 대규모 단합 대회 떠난다...각종 화제, 진풍경 잇따라 (in Korean). Archived from the original on November 19, 2018. Retrieved November 19, 2018.
  10. ^ Cite error: The named reference 20years was invoked but never defined (see the help page).

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