User:ReVeluv02/sandbox/SM Entertainment Indonesia
| Company type | Private |
|---|---|
| Founded | February 4, 2019 |
| Headquarters | fX Sudirman, , Indonesia |
| Parent | SM Entertainment |
SM Entertainment Indonesia is the Indonesia branch and subsidiary of the South Korean entertainment company SM Entertainment.
History
[edit]On October 11, 2018, SM Entertainment signed a "strategic" memorandum of understanding (MOU) with Trans Media to enter the Indonesian market and promote various businesses, such as its own advertising business and media. The MOU signing ceremony was attended by then SM CEO Kim Young-min, Indonesian branch manager Han Kyung-jin, CT Group Chairman Chairul Tanjung, and TransTV President Atiek Nur Wahyuni. With the agreement, SM planned to promote platform management, visual content production, pro-event production, promotion, merchandising, and streaming advertising projects. The two companies are also said to have a goal of establishing a joint venture company through simultaneous meetings scheduled to be held in Seoul and Jakarta. The two companies also seek to build a "global strategic business model" based on brand awareness and experience produced in South Korea and Indonesia.[1]
By February 21, 2019, SM held a heads of agreement (HOA) signing ceremony to establish a joint venture with Trans Media as the company planned to expand its business centered on four areas such as production, general advertising agency, lifestyle business, and digital.[2] On the same day, Rossa was recruited by the joint venture as its first artist, along with the release of a collaboration song announcement with Super Junior.[3] Leeteuk of Super Junior and Rossa attended the event in person and stated their impressions and expectations for future activities.[4] Besides the two artists, CT Group Chairman Tanjung, Trans Media President Nur Wahyuni, SM executive producer Lee Soo-man, SM then CEO Han Se-min, and SM South East Asia Branch Manager Han Kyung-jin attended the signing ceremony.[5]
Artists
[edit]References
[edit]- ^ Han, Ah-reum (October 11, 2018). [글로벌-Biz 24]SM엔터, 인디 엔터테인먼트 '트랜스미디어'와 MOU 체결 [[Global-Biz 24] SM Entertainment, Signed an MOU with Indnonesia Entertainment 'Trans Media']. Global Economic (in Korean). Archived from the original on December 26, 2022. Retrieved December 26, 2022.
- ^ Kim, Eun-ae (February 21, 2019). SM, CT그룹과 손잡고 인도네시아 조인트 벤처설립..슈퍼주니어xRossa 음원발표[공식입장] [Establishing a Joint Venture in Indonesia in Partnership with SM and CT Group..SUPER JUNIOR x Rossa's Release of a Song [Official Position]]. Osen (in Korean). Archived from the original on December 26, 2022. Retrieved December 26, 2022.
- ^ Woo, Bin (February 21, 2019). SM엔터테인먼트, 인도네시아 CT 그룹과 조인트 벤처 설립 [SM Entertainment, Establishes Joint Venture with CT Group in Indonesia]. Ten Asia (in Korean). Archived from the original on May 18, 2019. Retrieved December 26, 2022.
- ^ Kim, Min-ji (February 21, 2019). SM, CT그룹과 손잡고 인도네시아 조인트 벤처 설립 발표 [SM, Announced the Establishment of a Joint Venture in Indonesia in Partnership with CT Group]. News1 (in Korean). Archived from the original on December 26, 2022. Retrieved December 26, 2022.
- ^ Jung, Byung-geun (February 21, 2019). SM, 인도네시아 진출 본격화…CT그룹과 벤처 설립 [SM Enters Indonesia in Earnest…Established a Venture with CT Group]. JoyNews24 (in Korean). Archived from the original on December 26, 2022. Retrieved December 26, 2022.