Industry Sep 4, 2026

SM Entertainment and Tencent Music Launch Joint Venture STE in Beijing

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 Joint Venture STE in Beijing

SM Entertainment and Tencent Music have formed a new joint venture named STE, headquartered in Beijing. The company will be led by Super Junior-M member Zhoumi, who will serve as CEO.

STE's primary focus will be on developing and managing artists specifically for the Greater China market. The venture also announced plans to debut a new Chinese idol group within the next two to three years.