Industry Sep 5, 2026

SM Entertainment and Tencent Music form Beijing joint venture STE

STE will develop and manage artists for the Greater China market, and says it's preparing a new Chinese idol group for a debut within two to three years Source

Originally published by Music Business Worldwide
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SM Entertainment and Tencent Music form Beijing joint venture STE

SM Entertainment and Tencent Music have launched a new joint venture in Beijing named STE. Zhoumi, a member of Super Junior-M, has been appointed as the CEO of this new entity. Originally reported by Music Business Worldwide.