Back
SM and Tencent Music formed a China joint venture, STE, and appointed SUPER JUNIOR-M’s Zhou Mi as CEO to lead new idol and artist support.

SM and Tencent Music formed a China joint venture, STE, and appointed SUPER JUNIOR-M’s Zhou Mi as CEO to lead new idol and artist support.

August/27/2026 11:25

Related Groups & Members

SM Entertainment (hereinafter, SM) partnered with Tencent Music Entertainment Group (hereinafter, TME), the largest music platform company in China, and established a local joint venture company. Zhou Mi of SUPER JUNIOR-M was suddenly appointed as representative director. SM announced on the 27th that it had established a joint venture company, “STE,” with TME in Beijing, China, and appointed Zhou Mi as representative director. This establishment of the corporation is part of building a strategic cooperation system based on the memorandum of understanding (MOU) that the two companies signed in May of this year. The launched STE will fully begin a project to launch a local Chinese rookie idol group aiming to debut within the next 2 to 3 years. STE is scheduled to comprehensively lead everything from conducting large-scale auditions for rookie casting to overall local management after debut. Local support for existing SM-affiliated Greater China artists will also be significantly strengthened. STE plans to professionally handle the Greater China activity management of NCT DREAM’s Renjun, as well as WayV’s Yangyang and Xiaojun, and actively support detailed local promotions and broadcast activities tailored to the local market. Representative Zhou Mi, who will lead the joint venture, has been active for about 20 years as a member of SUPER JUNIOR-M and as a solo singer, and has cultivated a high level of expertise in the K-pop production system. He has also served as a director of SM’s China corporation, and was nominated as the most suitable person to serve as a bridge between the two companies, being recognized for his practical management sense and outstanding insight into local trends. Representative Zhou Mi said, “I am happy to be serving as the representative of the joint venture born on the basis of the deep trust between SM and TME,” and added, “We will perfectly combine SM’s unparalleled IP and content production capabilities with the characteristics of the Greater China market to create differentiated results.” ・【REPORT】65 people appeared in SM TOWN’s first Fukuoka performance! A luxurious one-night-only collaboration, an overwhelming stage including J-POP covers ・T-ARA’s Jiyoung reunites with SUPER JUNIOR-M’s Zhou Mi after a long time! Watches ATEEZ’s Seoul performance

Related Articles

NCT DREAM celebrated its 10th anniversary with a sold-out fan meeting in Incheon, performing hits and special events for fans.

NCT DREAM successfully wrapped up its 10th anniversary fan meeting, held August 22-23 at Inspire Arena in Incheon. The sold-out event drew about 23,000 fans and featured songs from their debut era to major hits, along with hotel-themed games, exhibits, and memories shared with fans.

3 days ago
MBC MUSIC’s “Show Champion” aired live in Goyang, featuring WayV, KISS OF LIFE, and other artists.

MBC MUSIC’s “Show Champion” was broadcast live on the afternoon of the 19th at MBC Dream Center in Goyang, Gyeonggi Province. The show featured WayV, KISS OF LIFE, Hyunsik of XODIAC, Jun of A.C.E, Splayit, and Sentimental Squad. The article is based on local media coverage.

1 week ago
NCT DREAM has renewed its contract with SM Entertainment, and all members will continue group activities with the company.

NCT DREAM has renewed its contract with SM Entertainment. SM said Haechan, Renjun, Jeno, Jaemin, Chenle, and Jisung signed based on deep trust and love for the team, and will continue activities with the company. The label thanked the members and fans and pledged full support.

1 week ago
TEN of NCT and WayV shares feelings on ending his contract with SM Entertainment, plans to continue group activities and pursue solo work.

TEN from NCT and WayV expressed his thoughts on the conclusion of his contract with SM Entertainment. He plans to continue as a member of NCT and WayV while also embarking on new solo challenges. Reflecting on his journey since debuting in 2016, he expresses gratitude to fans and staff, acknowledging the difficulties he faced moving from Thailand to Korea. As he turns 30, he contemplates his future direction and commits to making responsible choices without regrets.

4 months ago
Ten from WayV leaves SM Entertainment as of April 8. The agency expresses gratitude and plans for his future group activities.

Ten, a member of WayV, will leave SM Entertainment as of April 8, following a mutual agreement. The agency thanks fans for their support and assures that they will coordinate Ten's participation in future group activities with WayV and NCT. They also express gratitude for Ten's contributions as both a group member and solo artist.

4 months ago
NCT DREAM's finale concert in Seoul marked the end of their fourth tour, captivating 66,000 fans with emotional performances.

NCT DREAM concluded their fourth tour with an emotional finale concert in Seoul, attracting 66,000 fans. The show featured 28 songs, dramatic performances, and heartfelt messages from fans, highlighting the group's journey and connection with their audience. Members were seen in tears, sparking speculation about their future as they approach their 10th anniversary.

5 months ago
The 35th Seoul Music Awards will take place on June 20 at Inspire Arena, featuring a grand stage and a focus on K-POP's top artists.

The 35th Seoul Music Awards will be held on June 20 at Inspire Arena in Incheon, showcasing a grand stage and celebrating K-POP's top artists. The event, known for its prestigious Grand Prize awarded to only one artist, has a rich history with global stars like BTS and EXO. Fans eagerly await this year's winner, as the awards ceremony promises to be a significant occasion for K-POP lovers.

6 months ago
SM Entertainment achieves record Q4 2025 results with significant revenue and profit increases, driven by major artist tours and IP expansion.

SM Entertainment announces record Q4 2025 results, with sales of 319 billion won and operating profit of 54.6 billion won, surpassing market expectations. The growth is attributed to successful world tours of major artists and a focus on sustainable growth strategies under 'SM NEXT 3.0'.

6 months ago
NCT DREAM arrives in Korea after performing at SMTOWN LIVE 2025-26 in Bangkok, with news on NCT Johnny's new variety show.

On the afternoon of the 15th, NCT DREAM returned to Korea via Incheon International Airport after their performance at 'SMTOWN LIVE 2025-26 [THE CULTURE, THE FUTURE] in BANGKOK.' NCT Johnny shared his thoughts on participating in the new variety show 'Hot-Blooded Basketball Group,' expressing that all the players were intimidating. Additionally, a report highlighted that 65 performers took part in the first SMTOWN concert in Fukuoka, featuring stunning collaborations and J-POP covers in a one-night-only event.

6 months ago
WayV's Yangyang arrived in Korea after the SMTOWN LIVE 2025-26 concert in Bangkok, showcasing their new MV and a Fukuoka performance.

On the morning of the 15th, WayV's Yangyang returned to Korea via Incheon International Airport after the SMTOWN LIVE 2025-26 concert in Bangkok. The group also released the MV for their title track 'White Standard,' featuring a captivating winter performance. Additionally, 65 artists participated in the first SMTOWN concert in Fukuoka, delivering an impressive one-night-only collaboration and J-POP covers.

6 months ago

Follow us to be the first to know about the latest rankings and audition information.

\ Follow me /
Share

PICK UP Contents