entertainment software association
SM Entertainment Co., Ltd. (Hangul: SM엔터테인먼트) is Korea’s largest entertainment company, founded in 1995 by Lee Soo-man. The company has developed and popularized numerous K-pop stars with huge global fandoms. SM is known for having led the global K-pop phenomenon and the musical side of “Hallyu”, also known as the “Korean Wave”. Representative of the entertainment industry in Asia, the company operates its own comprehensive entertainment business including artist development, record label services, talent agency services, music production, music publishing, event management, and concert production.
The label is home to prominent K-pop artists such as Kangta, S.E.S., BoA, TVXQ!, TraxX, CSJH The Grace, Super Junior, Girls’ Generation, J-Min, Shinee, f(x), Zhou Mi, Exo, Red Velvet, NCT, and produced and popularized artists like H.O.T., Fly to the Sky, Shinhwa, and Henry Lau. It also manages a number of 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.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).
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