
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
D Awards 2027 in Paris unveiled its fifth lineup, confirming ATEEZ’s JONGHO, WayV’s TEN and XIAOJUN, and xikers for the January 15–16 ceremony in Paris. JONGHO will host and perform solo, WayV will appear as a full five-member group, and xikers will heat up the stage with their latest comeback.
SM Entertainment posted weaker Q3 results, with sales and operating profit down year on year and net income turning to a loss. It said reduced domestic comeback schedules hurt direct music and concert revenue, while IP-based businesses grew. The company plans major comebacks and global tours from Q4 through next Q1.
SM Entertainment posted weaker Q3 results, with sales and operating profit down year on year and net income turning to a loss. It said reduced domestic comeback schedules hurt direct music and concert revenue, while IP-based businesses grew. The company plans major comebacks and global tours from Q4 through next Q1.
Fuji TV will broadcast the 2026 FNS Song Festival live over two Wednesdays in December. Thirty-six acts were announced, including Korean artists such as ILLIT, Stray Kids, BABYMONSTER, CORTIS, RIIZE, aespa, and NCT DREAM. ILLIT will appear for the third straight year, while BABYMONSTER and CORTIS will make their first appearances.
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