Lee Soo Man sells portion of his shares in SM Entertainment

by
danica
Posted December 18th, 2010 at 2:27 am
Lee Soo Man, the founder and largest shareholder of SM Entertainment has sold 7.8 billion won ($6.75 million USD) worth of stocks on December 17th. The 500,000 shares were sold at a price of 15,671 won per share ($13.57 USD), aproximately 7% lower than the closing price of 16,850 won ($14.59) the previous day.
However, the founder still has 4,041,465 shares remaining, and is valued at 67 billion won ($58 million USD). He's still the "Shareholder King" of the entertainment industry and the ...
SMTOWN LIVE In TOKYO–Confirmed!

by
danica
Posted December 8th, 2010 at 1:44 pm
MTOWN LIVE In TOKYO – Confirmed!
It has been decided that 「SMTOWN LIVE in TOKYO」 will hold its first performance in Tokyo. The stages of SM ENTERTAINMENT’s artists, who are active all over Asia, will begin at SMTOWN LIVE and this is the only place where you can see collaborations between the artists. It is a large-scale music festival where you can enjoy all the diverse stage performances by all the artists.
Please be sure to come down.
Information on the concert and the purchase of t...
SM TOWN LIVE IS COMING TO TAIWAN IN 2011!

by
danica
Posted November 11th, 2010 at 10:22 pm
On the November 8th, MTV Taiwan’s Top Entertainment show covered SHINee‘s recent visit to Taiwan.
Among some of the things shown was an announcement saying that SM Town will be making a stop in Taiwan next year!
The show talks about how SHINee went out for Taiwanese food and they love bubble tea and noodles before their first fan meeting. Although one of the members had to sit and sing because of a foot injury, the presence of so many fans made the boys very emotional.
The show mentions h...
SM rocks Billboard chart

by
danica
Posted October 31st, 2010 at 11:30 pm
A blockbuster concert by a group of K-pop singers from SM Entertainment a month ago earned the 10th ranking in the Billboard Boxcore chart, published on Oct. 9, the Yonhap news agency reported Friday.
SM Town Live Tour, which was featured on Sept. 12, brought 15,015 fans to the Staples Center in Los Angeles, the United States, marking $1,101,582 of ticket sales.
The Boxcore chart took the following factors into consideration: overall popularity evaluated after overseas performances for ...
Girls’ Generation 훗 (Hoot) Music Video featuring Super Junior Siwon
Surely everyone has seen the teasing teaser of 'Hoot' that was released on SM Entertainment's official youtube channel last week which has since gathered more than one million views. The music itself reminds most of us with the '007' style while the concept has more of a western feel to it, with all the cowboy hats and boots. An unusual yet unique combination. Just when we think it can't get any better, this morning, one of the Super Junior members, Siwon, was confirmed to make a special appeara...