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SM Studios

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SM Studios Co., Ltd.
Native name
에스엠스튜디오스
Company typeHolding
FoundedApril 5, 2021; 3 years ago (2021-04-05)
Headquarters83-21, Wangsimni-ro, Seongdong District,
Seoul
,
South Korea
Key people
Kim Young-min (CEO)
Services
OwnerSM Entertainment
Subsidiaries
Footnotes / references
[1]

SM Studios (Korean: 에스엠스튜디오스; stylized in all caps)[2] is a South Korean holding company wholly owned by SM Entertainment. It was established after SM restructured its affiliates to focus on its music business. The company manages drama, entertainment, and fields of new media.

History

On April 5, 2021, SM Entertainment revealed through a public announcement that the company had established a new subsidiary, SM Studios, with SM acquiring 195,648 shares for 244,561.93 million won.[3] SM stated that it planned to focus on the music business, the company's original entertainment business, through restructuring.[4] The wholly-owned subsidiary was established to promote the restructuring of group affiliates to facilitate the business structure.[5] Additionally, the company was set to promote the efficiency of group management through a "reliable" management system.[6] It was also expected to secure market competitiveness as affiliates related to media studios have coordinated agreements through integrated management of drama, entertainment, and new media fields.[7]

SM invested all of its shares in SM Culture & Contents (SM C&C), KeyEast, SM Life Design Group, Dear U, and Mystic Story to SM Studios.[8] During SM Congress 2021, Kim Young-min, chief executive officer (CEO) of SM Studios,[9] stated that the broadcasting system was SM's "big dream" since the establishment of SM Planning in 1989.[10] In May, SM recruited producers and content experts from SM C&C, KeyEast, and Mystic Story to establish SM Studios and produce "SM Original" content.[11] On November 16, 2022, SM Studios premiered its first "global" content, Welcome to NCT Universe.[12]

Subsidiaries

Production works

List of production works showing the year, title, and network
Year Title Network Ref.
2022 Welcome to NCT Universe TVING, Nippon TV, Hulu Japan, Kocowa [13]
2023 NCT Universe: Lastart ENA, TVING, Nippon TV, Hulu Japan, Kocowa [14]

References

  1. ^ 2021 SM Entertainment Sustainability Report – The Future of Culture Technology (PDF), p. 6, archived from the original (PDF) on January 7, 2023, retrieved January 21, 2023
  2. ^ Kim, Soo-jung (June 29, 2021). [현장EN:]'광야'부터 '핑크 블러드'까지, 올해 SM 미리보기 [[On-site EN:] From 'Kwangya' to 'PinkBlood,' SM Preview for this Year]. No Cut News (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  3. ^ Baek, Chung-woon (April 5, 2021). SM, "음악사업 집중"…비음악사업 계열회사 구조개편 [SM, "Focus on music business"…Restructuring of Non-music Business Affiliates]. Pinpoint News (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  4. ^ Park, Soo-in (April 5, 2021). SM엔터, 비음악 사업 통합관리 자회사 '에스엠스튜디오스' 설립 [SM Entertainment, Establishes 'SM Studios', An Integrated Management Subsidiary of Non-music Business]. Newsen (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  5. ^ Yoo, Byung-chul (April 5, 2021). SM엔터테인먼트 비음악 사업 통합관리 자회사 에스엠스튜디오스SM Studios 설립 [SM Entertainment's Non-music Business Integrated Management Subsidiary, SM Studios, Established]. The Korea Economic Daily TV (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  6. ^ Kim, Ye-rang (April 5, 2021). SM 엔터, 에스엠스튜디오스 설립…비음악사업 통합 관리 [공식] [SM Entertainment, Established SM Studios…Integrated Management of Non-music Business [Official]]. TenAsia (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  7. ^ Kim, Na-yeon (April 5, 2021). SM엔터, 비음악 사업 통합관리 자회사 '에스엠스튜디오스' 설립 [SM Entertainment, Establishes 'SM Studios', An Integrated Management Subsidiary of Non-music Business]. Single List (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  8. ^ Kim, Gun-woo (April 5, 2021). 에스엠, 비음악 사업 통합관리 자회사 설립 [SM, Establishes a Subsidiary of Integrated Management of Non-music Business]. Money Today (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  9. ^ Yoon, So-yeon (June 29, 2021). "SM Entertainment sees a future in its own universe". Korea JoongAng Daily. Archived from the original on June 29, 2021. Retrieved January 21, 2023.
  10. ^ Woo, Bin (June 29, 2021). 'SM CONGRESS 2021' 이수만 "콘텐츠 유니버스 도전은 계속 된다" [종합] ['SM CONGRESS 2021' Lee Soo-man "Content universe challenge continues" [Roundup]]. TenAsia (in Korean). Archived from the original on June 29, 2021. Retrieved January 21, 2023.
  11. ^ Ko, Seung-hee (June 29, 2021). 이수만 SM 총괄 프로듀서 "콘텐츠 유니버스 속 K팝 2.0 시대 연다" [Lee Soo-man, Executive Producer of SM, "We are opening the era of K-pop 2.0 in the content universe"]. Herald Economy (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  12. ^ Kim, Hye-mi (November 8, 2022). NCT127‧NCT드림 초대받은 에스엠루키즈, '웰컴 투 엔시티 유니버스' 11월 16일 론칭 [SM Rookies, Invited by NCT 127 and NCT Dream, Launched 'Welcome to NCT Universe' on November 16]. News Inside (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  13. ^ Jung, Ji-nah (November 8, 2022). NCT '웰컴 투 엔시티 유니버스' 총출동…'에스엠루키즈'와 특별 만남 [NCT's 'Welcome to NCT Universe'…A Special Meeting with SM Rookies]. Newsis (in Korean). Archived from the original on January 21, 2023. Retrieved January 21, 2023.
  14. ^ Lee, Seung-hoon (July 11, 2023). SM 연습생 리쿠·료 최초 공개..新 NCT 데뷔조 기대 [SM trainees Riku and Ryo unveiled for the first time.. Expecting new NCT debut group]. Starnews (in Korean). Archived from the original on July 11, 2023. Retrieved July 28, 2023.
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