South Korea SM Entertainment Co., Ltd. (S.M. Entertainment) is a large-scale artist planning and agency in South Korea, founded in 1989 by singer-turned-Lee so-man, is the largest entertainment company in South Korea in terms of scale, strength, popularity and influence. Pen, fun, pavilion www. biquge。 The name "SM" is the abbreviation of "Star-Museum", which means "Star Museum, Hall of Fame", and its representative artists include BOA, TVXQ, SuperJunior, Girls' Generation, SHINEE, F(X), EXO, Redvelvet, NCT, etc.

Known as the "Star Factory" and the "Birthplace of Hallyu", SM Entertainment is the first company in Korea to create its own creative system, which incorporates four stages: selection, training, production, and marketing. This system, which has been strictly implemented for 20 years, is also regarded as its core competitiveness by SM Entertainment. And this is a key point that Henry attaches great importance to SM Entertainment.

The Financial Times once summed up: "SM Entertainment is the only company in the world that has completed the process of discovering talents, cultivating them, and then recording content!" Its founder Lee so-man's influence on SM Entertainment and the Hallyu industry is what Steve Jobs is to Apple or the IT industry!!

"Kim Dae-jung, immediately launch an acquisition move to SM Company!" Henry ordered.

"Yes, Your Majesty!" Kim Dae-jung replied in a deep voice.

In 2000, SM Entertainment was listed on KOSDAQ in South Korea, with a market value of about 790 billion won, about 690 million US dollars.

The news of CJ Group's proposed acquisition of SM Entertainment quickly spread in South Korea and caused a huge sensation.

CJ-E&M, a subsidiary of CJ Group, is Korea's largest entertainment media company, and has grown into one of the most competitive entertainment media groups in Korea and the world with its business covering all aspects of entertainment and cultural business such as film, television, music, performance, media, and games. CJ-E&M's Music Division owns two of Korea's largest music TV channels, M and KM-TV, and has established a business system that includes record distribution, TV program production, singing planning, and digital media services based on two powerful media platforms. Its brand programs such as "M!Countdown", "Super-Star-K", and "Wide Entertainment News" have long become the most popular Korean music entertainment programs among fans across Asia. CJ-E&M's most appealing "M Asian Music Awards (MAMA)" was held in Hong Kong, China, with a global audience of more than 2 billion people, making it the largest and most influential and authoritative music awards ceremony in Asia!

If SM Entertainment can get the help of CJ-E&M's media platform resources, it will be like a tiger with wings, and the word "super" will inevitably be added to the title of "Star Factory"! Moreover, CJ Group is Henry Williams' industry, that is to say, as long as you become an artist of CJ Group, you will have the help of all the companies under Henry Williams's name, and from then on, the stage of artists will no longer be limited to Korea, but the whole world!!

For a while, SM Entertainment's stock price skyrocketed, and its market value increased by 95 billion won!

When SM Entertainment's artists and trainees heard the news, they were overjoyed and wanted CJ Group to buy SM Entertainment.

In the dance room.

"Captain Taeyeon, do you want SM Entertainment to be acquired by CJ Group?"

"Yun'a, what do you think?"

"Of course I hope that next year, our 'Girls' Generation' group will make its debut, and at that time, we will definitely get much stronger publicity resources than now. And ......" The girl named Yun'er looked around with smart eyes, and then whispered, "SM Entertainment signed a 5-year acting contract with us It's really unreasonable, and the benefits are, the company stands seventy percent, and the individual thirty percent." Moreover, the revenue here is only the revenue from the album, and the revenue from merchandise and other activities is owned by the company. In other words, the first 5 years are almost for nothing! Hmph, these entertainment predators know how to squeeze out the surplus value of our ordinary little artists!" After finishing speaking, he pouted with an angry face.

At this time, the door of the dance practice room suddenly rang, and the captain Taeyeon immediately made a silent gesture and whispered, "The dance teacher is here, don't say it!"

"Hmmm......"

At this moment, a meeting is taking place in the conference room of SM Entertainment.

Although Lee so-man is the founder, he is not the legal representative and president of SM Company, he is only a shareholder and production director.

Kim Young-min, the company's president, sat at the head of the conference room and said, "What do you think of CM Entertainment's proposal to acquire SM Entertainment for a total of $800 million at a price of 35,050 won per share?"

Li Xiuman pondered for a moment and said: "It is a good choice for SM Entertainment to join forces with CJ Group, and the price given by the other party is also very good!"

"Director Lee is right, I also agree to accept the acquisition of CJ Group!"

The rest of the shareholders also spoke out in support, and for these shareholders, CJ Group's $110 million premium to acquire SM Entertainment was a huge profit, so why not sell it?

After the shareholders' meeting, SM Entertainment contacted CJ Group to accept its acquisition.

Soon after, the two sides signed a purchase agreement, followed by a press conference to announce the matter.

At this time, there was a stir within SM Entertainment, and everyone was excited about the news.

"Everyone, please listen to me, at around 3 o'clock this afternoon, Mr. Kim Dae-jung, CEO of CJ Group, will come to visit SM Entertainment. In addition, it is likely that His Majesty Williams will also come to our company. So, you guys have to be a little bit better, you know?" Mr. Lee is still the company's production director, managing the company's affairs.

As soon as he finished speaking, everyone was amazed and showed an expression of disbelief.

"Oh my God, I'm going crazy with excitement too, my majesty Williams is coming to inspect the work?! Aunt Xue, hurry up and help me put on my makeup and paint me the best makeup !!"

In a flash of smoke, all the beauties ran to the dressing room to put on makeup......

Li Xiuman looked at the empty hall, shook his head and smiled: "His Majesty King Williams's charm is really incomparable!"

Three o'clock in the afternoon.

Henry did come to SM Entertainment with CJ Group CEO Kim Dae-jung.

Walking into SM Entertainment, it is like walking into a company with the highest "appearance" in South Korea, where the man is handsome and the woman is beautiful.

"Welcome to SM Entertainment with His Majesty Williams and Mr. Kim Dae-jung!"

Li Xiuman took the lead, and the main leaders of the company and the well-known artists who had debuted bowed to them one after another.

"You are Mr. Lee so-man, who is a household name in South Korea, right? It's a pleasure to see you! SM Entertainment has been able to develop into the largest entertainment company in South Korea, and Mr. Lee so-man has contributed a lot!" Henry smiled and stretched out his right hand.

"Thank you Your Majesty for your compliment, but this is not my credit alone, but the result of the joint efforts of everyone at SM Entertainment!" Li Xiuman said modestly.

Hearing this, Henry smiled and bowed slightly.

"Director Li, let's talk as we go, it just so happens that I'm not very familiar with SM Entertainment, so can you give me a brief introduction to the company's situation......"

"Okay!"

(To be continued.) )