Industry Sep 5, 2026

SM Entertainment and Tencent Music Form Joint Venture in China

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 Joint Venture in China

SM Entertainment and Tencent Music have launched a new joint venture in Beijing named STE. The company will focus on artist development and management specifically for the Greater China region, with Super Junior-M member Zhoumi appointed as CEO.

STE has announced plans to prepare a new Chinese idol group for its debut, which is anticipated within the next two to three years. Originally reported by Music Business Worldwide.