CEO Lee Sung Soo then announced that from 2023 onward, SM Entertainment will be entering its phase 3.0. Broadly, this phase looks to expand SM Entertainment's IP creation and production to the global market, alongside the advancement of the company's music publishing business, multi-label system, fandom economy business, metaverse business, etc.
Phase 3.0 will also introduce a trilateral format featuring a multi-label body, a multi-production body, and a subsidiary company focussing on music-publishing. Entering this phase 3.0 in 2023, SM Entertainment's projected IP production timeline will be as follows: The three new teams expected to debut in 2023 will each be produced under the direction of CEO Lee Sung Soo, CEO Tak Young Joon, and chief board memberFinally, co-CEOs Lee Sung Soo and Tak Young Joon confirmed that head producer Lee Soo Man's production contract with SM Entertainment has come to an end as of September of 2022.
People need to chill. Its ady long time after ngg debut yet when aespa debut its only 4 member. There is many deserving trainees in dungeon to debut too. Give them a chance. If we fan stay loyal its not a big problem for aespa and others to stay cb etc..money issues also depends
Ctrl C + Ctrl V = $$$
oh no
41 albums n half of them are nct just watch
Not nævis😭😭😭
Aespa better have 2 albums this year 🤞🤞
OMFG 41 ALBUMS? Sounds veryy good🔥🤩
All of them just to overwork nct again right sm?
I'm not really sure how to feel about this...
NewJeans impact
😱😱😱😱😱😱😱🧐🧐
4 albums and 37 repackage versions
What in the marvel is thiss HAHAHAHAHA SM you're literally making your artist the avengers HAHAHAHAHA
This read like some factory sweatshop. This is what happens when you have MBAs trying to run a label instead of real musicians. It is all about numbers/stats/deadlines rather than quality of work and nurturing artists naturally. Now even replacing 'artists' with v avatars. Crazy!
_fairyxiu pcy1 when
jypnation ,BIGHIT_MUSIC are best
jypnation is best
Quality Quantity
Not new group but TEAM..
greed + despair = overexploitation
I'm ready to watch their downfall. Bcz it's just so obvious. 🤣 They think they are HYBE when all of their groups songs are produced by same producers.😂
are they really going to ignore exo in the future
Its all NCT
no one cares just let aespa comeback
And just like that they destroyed aespa
3 new teams? You mean 3 new units of nct? XD
Wow, what a tittle. SM has more than 10 groups & solo artists. Each group has soloists too, there are also subunits. If they release one album per year, there are more than 20 albums. If we have repackages, debuts ant etc. voila - we'll have 40. Ah, many people don't think. 😐
no exo, no success.
Wahh, 'LSM will not take a part at production music' Can I expect SM artists to shine more? because I think they are all talented?
This strategy will cut off groups with low/lower funding. By releasing many albums, SM would also know which groups really sell, despite the huge saturation.
Release doang, di promote kaga
When this girl group 😭😭
I hope this includes all of their sublabels because 3 mew groups and 41 albums is CRAZY
This is why jay parks idol group will swoop in and take over in 2years 🤣
SM I am BROKE rn
SHINEE, TAEMIN, SUPERM!
41 is crazyyy 😭
Over-saturating the market is never a good thing. Quality over quantity.
what the hell
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