SM Entertainment

Bunjang Reveals New K-pop Merchandise Trend, with 'ZeroBaseOne' Coming in First

Retrieved on:

Tuesday, February 13, 2024

View the full release here: https://www.businesswire.com/news/home/20240213379807/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240213379807/en/
Bunjang reveals the result of rookie idol trend 2023 (Graphic: Bungaejangter Inc.)
K-pop merchandise holds the second-highest transaction volume on Bunjang, after the fashion category.
In 2023, the total amount of the K-pop merchandise category traded on Bunjang exceeded KRW 70B (USD 52M), up roughly 20% from the previous year.
From ZeroBaseOne's debut until the end of last year, the transaction amount for related K-pop merchandise exceeded KRW 1.3B (USD 971K).
Bunjang provides a global service that allows people to purchase K-pop merchandise quickly and conveniently, even in foreign countries.

Joseph Chang, A Co-CEO Nominee of Kakao Entertainment Selected for 'Billboard 2024 Power 100 List'

Retrieved on:

Thursday, February 1, 2024

Joseph Chang ranked 17 on the multi-sector category of the 'Billboard 2024 Power 100 List' released by Billboard on the 31st (PST).

Key Points:

Joseph Chang ranked 17 on the multi-sector category of the 'Billboard 2024 Power 100 List' released by Billboard on the 31st (PST).
The Billboard 2024 Power 100 list involves the annual selection of figures who have significant influence in the global music industry by each category such as labels and multi-sectors.
The achievement signifies the performance and influence of the newly appointed CEO in the global entertainment landscape.
Billboard has noted that Chang, the co-CEO nominee, is actively promoting the exchange of K-content within the global entertainment industry, creating new growth momentum for K-pop in the global market.

SM Entertainment Achieves Record-Breaking Q3 Performance with KRW 50.5 billion Operating Profit, Marking a Phenomenal 70% YoY Surge

Retrieved on:

Thursday, November 9, 2023

Music, Events, Concerts, Other Entertainment, Entertainment, Celebrity, DREAM, KMR, KOSDAQ, SM C&C, SMC, Yoy, SM Entertainment, KRW, TVXQ, NCT, Red velvet, EXO, SM, Aespa, Pharmaceutical industry, Q3

On Nov 8, SM Entertainment Co., Ltd. (SM) revealed consolidated operating profit of KRW 50.5 billion for Q3, a staggering 70% YoY increase.

Key Points:

On Nov 8, SM Entertainment Co., Ltd. (SM) revealed consolidated operating profit of KRW 50.5 billion for Q3, a staggering 70% YoY increase.
This achievement is accompanied by a revenue surge of KRW 266.3 billion, a 12% YoY increase.
On a standalone basis, SM reported KRW 48 billion in operating profit, a 77% YoY surge.
SM's subsidiaries also showcased impressive results, with DREAM MAKER posting an operating profit of KRW 3.9 billion, reflecting 38.4% YoY increase.

The Sandbox partners with Agora to power next-gen social interactions in the metaverse

Retrieved on:

Wednesday, October 4, 2023

Partnership, Animoca Brands, Magic, Social, Walking Dead, Atari, Part, Ubisoft, Rabbids, SM, Care Bears, Entrepreneurship, SM Entertainment, Warner Music Group, Video game, The Smurfs, Sandbox, Agora, Adidas

SANTA CLARA, Calif., Oct. 4, 2023 /PRNewswire/ -- The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, today announced a partnership with Agora to supercharge real-time engagement and social interaction within the metaverse. The collaboration will empower players in The Sandbox to connect through real-time voice, video, and chat, encouraging better collaboration among creators, and social multiplayer experiences.

Key Points:

The collaboration will empower players in The Sandbox to connect through real-time voice, video, and chat, encouraging better collaboration among creators, and social multiplayer experiences.
The Sandbox chose Agora for this partnership because they provide an ideal real-time engagement platform for the metaverse.
"Real-time engagement technology is essential for enabling social interactions in the metaverse," said Tony Zhao, CEO and Co-Founder of Agora.
"We're excited to see how The Sandbox continues to innovate with Agora's products to build deeper connections within communities."

The Sandbox partners with Agora to power next-gen social interactions in the metaverse

Retrieved on:

Wednesday, October 4, 2023

SANTA CLARA, Calif., Oct. 4, 2023 /PRNewswire/ -- The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, today announced a partnership with Agora to supercharge real-time engagement and social interaction within the metaverse. The collaboration will empower players in The Sandbox to connect through real-time voice, video, and chat, encouraging better collaboration among creators, and social multiplayer experiences.

Key Points:

The collaboration will empower players in The Sandbox to connect through real-time voice, video, and chat, encouraging better collaboration among creators, and social multiplayer experiences.
The Sandbox chose Agora for this partnership because they provide an ideal real-time engagement platform for the metaverse.
"Real-time engagement technology is essential for enabling social interactions in the metaverse," said Tony Zhao, CEO and Co-Founder of Agora.
"We're excited to see how The Sandbox continues to innovate with Agora's products to build deeper connections within communities."

AmazeVR and SM Entertainment Announce aespa's First-Ever VR Concert Theater Experience in South Korea

Retrieved on:

Thursday, September 21, 2023

Meta, Oculus Quest, Co-marketing, Megan, VR, SM Entertainment discography, SM, MYS, Aespa, Virtual reality, SM Entertainment, SXSW, VIP, Video game, Megabox

SEOUL, South Korea, Sept. 20, 2023 /PRNewswire-PRWeb/ -- AmazeVR, the global leader in virtual reality (VR) concerts, has joined forces with Studio Realive, SM Entertainment's wholly owned subsidiary, to host a movie theater VR concert activation for aespa called 'LYNK-POP: THE 1st VR CONCERT aespa' in South Korea this October. Featuring their hit songs, the intimate concert experience will be screened at leading movie theater chain, Megabox.

Key Points:

Fans will be able to experience LYNK-POP: THE 1st VR CONCERT aespa at Megabox COEX
SEOUL, South Korea, Sept. 20, 2023 /PRNewswire-PRWeb/ -- AmazeVR , the global leader in virtual reality (VR) concerts, has joined forces with Studio Realive, SM Entertainment's wholly owned subsidiary, to host a movie theater VR concert activation for aespa called 'LYNK-POP: THE 1st VR CONCERT aespa' in South Korea this October.
Featuring their hit songs, the intimate concert experience will be screened at leading movie theater chain, Megabox.
Following the sold-out, multi-leg success of the Megan Thee Stallion's "Enter Thee Hottiverse" concert tour, the theater activation marks the first-ever VR concert experience collaboration between AmazeVR and SM Entertainment.
Bringing fans together for a one-of-a-kind experience, 'LYNK-POP: THE 1st VR CONCERT aespa' transcends traditional VR video, offering an immersive and interactive encounter where fans can directly engage with the girl group.

Kakao Entertainment and SM Entertainment Launch Integrated Corporation in North America

Retrieved on:

Tuesday, August 1, 2023

Music, Partnership, SM Entertainment, NCT, Kakao Entertainment, Multimedia, IP, SM Entertainment Japan, SM, CBO, GSO, IVE, Growth, Global strategy, Video game

With North America being the hub of the global entertainment industry, the integrated corporation will serve as a solid foundation for business cooperation and knowledge sharing.

Key Points:

With North America being the hub of the global entertainment industry, the integrated corporation will serve as a solid foundation for business cooperation and knowledge sharing.
Concurrently, he is also the Global Strategy Officer (GSO) of Kakao Entertainment and the Chief Business Officer (CBO) of SM Entertainment.
"The new integrated corporation in North America will help us accelerate the global expansion and growth of artists under Kakao Entertainment and SM Entertainment," said Chang, President of Kakao Entertainment America.
Existing operations for Kakao Entertainment America and SM Entertainment USA will be consolidated into the new North American entity.

Pop-Rock Artist UPSAHL Joins AmazeVR's Concert App Line Up

Retrieved on:

Friday, July 28, 2023

Last Supper, Kickflip, Music, Megan Thee Stallion, 3D, Steam (service), Spotify, UPSAHL, VR, Creativity, KAI, SIDE, PHX, Ceraadi, Virtual reality, SM Entertainment, Arista Records, Bigger Than My Body, FBL

LOS ANGELES, July 28, 2023 /PRNewswire-PRWeb/ -- AmazeVR, the global leader in virtual reality (VR) concerts, has collaborated with rising alternative artist, UPSAHL, to release the official "UPSAHL VR Concert." Available today, the VR performance invites fans to immerse themselves in the world of UPSAHL, experiencing live versions of their favorite songs, including Sagittarius EP favorite "Kickflip," fan-favorite "Drugs," image-positivity anthem "Into My Body," and the goth pop hit "Last Supper."

Key Points:

LOS ANGELES, July 28, 2023 /PRNewswire-PRWeb/ -- AmazeVR , the global leader in virtual reality (VR) concerts, has collaborated with rising alternative artist, UPSAHL , to release the official "UPSAHL VR Concert."
"To be creative, whether that's lyrically or visually, is the most important thing about being an artist," said UPSAHL.
UPSAHL adds to the AmazeVR Concerts app calendar of fan-favorite and desired artists, including Megan Thee Stallion, Ceraadi, and Zara Larsson.
Available for download on Meta App Lab and SteamVR, users can access one free song per artist and purchase the entire concert for one year with the exclusive launch price of $6.99.

Unmissable speakers coming to SXSW Sydney® this October, bringing you the insider knowledge you need to live your best future.

Retrieved on:

Wednesday, July 26, 2023

SYDNEY, July 26, 2023 /PRNewswire/ -- In its 37-year history Austin's famed South by Southwest (SXSW®) has become the byword for cool and the launchpad for what's next.

Key Points:

SYDNEY, July 26, 2023 /PRNewswire/ -- In its 37-year history Austin's famed South by Southwest (SXSW®) has become the byword for cool and the launchpad for what's next.
SXSW in Austin, TX, is where the world's best thinkers come together to trade ideas and party once a year.
The inaugural SXSW Sydney will comprise of 1000+ events, speakers and music acts, and has today revealed an unmissable line-up of headline speakers.
Over 400 artist performances, including ones from 100 artists now announced:
Your new favourite artist is playing SXSW Sydney 2023.

Unmissable speakers coming to SXSW Sydney® this October, bringing you the insider knowledge you need to live your best future.

Retrieved on:

Wednesday, July 26, 2023

SYDNEY, July 26, 2023 /PRNewswire/ -- In its 37-year history Austin's famed South by Southwest (SXSW®) has become the byword for cool and the launchpad for what's next.

Key Points:

SYDNEY, July 26, 2023 /PRNewswire/ -- In its 37-year history Austin's famed South by Southwest (SXSW®) has become the byword for cool and the launchpad for what's next.
SXSW in Austin, TX, is where the world's best thinkers come together to trade ideas and party once a year.
The inaugural SXSW Sydney will comprise of 1000+ events, speakers and music acts, and has today revealed an unmissable line-up of headline speakers.
Over 400 artist performances, including ones from 100 artists now announced:
Your new favourite artist is playing SXSW Sydney 2023.