China $27 Billion Tencent Music Buys 10% of South Korea SM Entertainment at $1.8 Billion Market Value, SM Entertainment is One of South Korea Leading Agency Managing K-Pop Artists Including EXO, TVXQ, Super Junior, SHINee, Girls’ Generation, SM Town & Red Velvet, SM Entertainment Founded in 1995 by Lee Soo-man, Tencent Music Parent is China $598 Billion Technology Giant Tencent
29th May 2025 | Hong Kong
China Tencent Music ($27 billion market value) has bought 10% of South Korea SM Entertainment at around $1.8 billion market value. SM Entertainment is one of South Korea leading agency managing K-pop artists including EXO, TVXQ, Super Junior, SHINee, Girls’ Generation, SM Town & Red Velvet. SM Entertainment was founded in 1995 by Lee Soo-man. Tencent Music parent is China technology giant Tencent ($598 billion market value). SM Entertainment – SM Entertainment is a South Korean multinational entertainment agency. Since its establishment in 1995, SM Entertainment has pioneered the entertainment industry in Korea and is a total entertainment group leading the global Korean Wave and K-POP sensation. SM Group manages over 400 artists combined, including our own trained and cultivated musicians and other casted talents such as MCs, entertainers, actors, models, and influencers. It is the largest entertainment company in Korea and has been responsible for fostering and popularizing the careers of many K-pop starts garnering huge global fanbases. Our recent business strategy and development plan : “SM 3.0,” focusing on integrating various aspects of the company’s operations, including music production, content creation, and global distribution, into a cohesive system will lead to the expansion of the company’s market presence and enhance its offerings to provide a more comprehensive experience for our fans. Tencent Music – Tencent Music Entertainment Group (NYSE: TME; HKEX: 1698) is China’s leading online music and audio entertainment platform, operating a portfolio of highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. With a broad suite of services ranging from online music, audio and karaoke to music-centric live streaming and online concerts, we provide music fans with a dynamic fusion of channels to discover, listen to, sing, watch, perform and socialize around music. We offer a comprehensive music library in a variety of captivating formats that includes licensed as well as self- and co-produced content. With our competitive edge and extensive experience in copyright protection, we are expanding our strategic partnerships with top-tier labels and artists home and abroad while nurturing talented musicians and supporting their career growth. Our mission is to create endless possibilities with music and technology. Through technology-empowered product innovation, we remain committed to offering users more diverse and engaging music experiences and providing greater support to musicians and partners in the journey of music creation, production, and distribution.
“ China $27 Billion Tencent Music Buys 10% of South Korea SM Entertainment at $1.8 Billion Market Value, SM Entertainment is One of South Korea Leading Agency Managing K-Pop Artists Including EXO, TVXQ, Super Junior, SHINee, Girls’ Generation, SM Town & Red Velvet, SM Entertainment Founded in 1995 by Lee Soo-man, Tencent Music Parent is China $598 Billion Technology Giant Tencent “
China $27 Billion Tencent Music Buys 10% of South Korea SM Entertainment at $1.8 Billion Market Value, SM Entertainment is One of South Korea Leading Agency Managing K-Pop Artists Including EXO, TVXQ, Super Junior, SHINee, Girls’ Generation, SM Town & Red Velvet, SM Entertainment Founded in 1995 by Lee Soo-man, Tencent Music Parent is China $598 Billion Technology Giant Tencent
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