Industry Sep 6, 2026

SM Entertainment and Tencent Music Launch Beijing Joint Venture

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 Launch Beijing Joint Venture

SM Entertainment and Tencent Music have established a joint venture in Beijing named STE, with Super Junior-M member Zhoumi appointed as CEO. STE will focus on developing and managing artists for the Greater China region and is planning to debut a new Chinese idol group within the next two to three years. Originally reported by Music Business Worldwide.