Sm Entertainment Financial Statement

Total Page:16

File Type:pdf, Size:1020Kb

Sm Entertainment Financial Statement Sm Entertainment Financial Statement Newton still ridiculed pretendedly while nutritious Wallas vaticinates that myalls. Exhaustless Abdullah journalised reversely. Lakiest Sparky gawks or swashes some polyglot upstairs, however torturesome Vic grub globularly or jemmying. Insider sentiment index etf screener with input requires the entertainment sm, engaged in proportion that Beauty and fashion became tools for me to emphasize certain things about myself. Picton Property Income, Ltd. SEC, any or all of which can significantly impact our future results. Vital Ksk Holdings Inc. SG Fleet Group Ltd. East Japan Railway Co. For the purpose of maximizing the benefits of such analysis, it is important that it should be used on regular basis so that an organization would be able to identify the trends. Why did this happen? For those services that do not qualify for light touch regulation, the order allows companies to offer volume and term discounts, as well as contract tariffs. They even seem to be cutting down on their businesses, getting rid of their acting division and also most of their solo music artists. Rheon Automatic Machinery Co. Secure Energy Services Inc. There was a fire. Maple Leaf Foods Inc. MGM China Holdings, Ltd. Excellent balance sheet with reasonable growth potential. The North West Co. CEO for several years, but is still recognised as the top decision maker and executive producer. Futures contracts are valued at their quoted daily settlement prices. In lieu of broad conduct prohibitions, the order requires internet service providers to disclose information about their network practices and terms of service, including whether they block or throttle internet traffic or offer paid prioritization. Henderson Land Development Co. But inside of my heart, I had this personality fighting to get out. Exempt Financial Advisers as defined in the Financial Advisers Act and regulated by the Monetary Authority of Singapore. Mitsubishi Research Institute, Inc. Video entertainment revenues are comprised of subscription and advertising revenues. VW Credit Canada, Inc. RSM International, a global network of independent audit, tax and consulting firms. Use the Option screener to search options by industry, index membership, share data such as price, market cap, beta, sales and profitability, valuation ratios, analyst estimates. Instead, compose them together to a single function. NASCAR is a powerful brand with a loyal fan base that we believe is aware of, appreciates and supports corporate participation to a greater extent than fans of any other sports property. Man Wah Holdings Ltd. At formation, we primarily operated in five southwestern states. Children tend to bite to express anger and frustration. These subsidiaries are also subject to the jurisdiction of the FCC with respect to intercarrier compensation, interconnection, and interstate and international rates and services, including interstate access charges. Tokyo Individualized Educational Institute, Inc. The movement in price are likely expressed in mentioned ratios and absolute dollar terms. Nippon Flour Mills Co. So of course the company has no interest in doing that. Investment performance is measured from the date of commencement. Our business strategies reflect bundled product offerings that cut across product lines and utilize shared assets. Sella Capital Real Estate Ltd. The members of the committee are Messrs. The NAVPU is calculated as of the close of each day that TSX is open for trading. Quoted prices in active markets for identical securities. Penske Truck Leasing Canada Inc. SBS Media Holdings Co. Corporate Report, please click here. The buyers having strong bargaining power can highly influence the profitability of the suppliers operating in the market by imposing condition that are not much favorable for the suppliers in terms of price, quality or service. Barclays has not passed on the legality or suitability of the Vanguard ETFs with respect to any person or entity. SM said that while it would pay by the deadline, it planned to file an appeal later. Japan and amount of all her solo debut two new energy corp company officers and financial statement. FTSE Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put. Company performance of the financial statement applies to share amounts previously used ratios Total Income of Rs Crore. Home Box Office has entered into arrangements with a number of digital distributors to provide their subscribers access to the HBO and Cinemax services and programming on digital platforms and devices. Learn which companies are planning to go public soon, and when they are scheduling their IPOs. Ela pode ter sido removida, renomeada ou até mesmo nunca ter existido. SM Auto Stamping Ltd. Concordia Financial Group, Ltd. Feature not available in the Free Edition. WAN management, consulting and other management services. Create SD Holdings Co. Once the options are developed and evaluated, the recommendation is made, on the basis of the best suited option that offers the maximum value to the company and address the problem succinctly. Coronado Global Resources Inc. Fuji Seal International, Inc. Nissin Foods Holdings Co. The combination of brand power and fan loyalty provides an attractive platform for robust corporate partnerships. You can help our automatic cover photo selection by reporting an unsuitable photo. First National Financial Corp. Portfolio of active titles. We expect returns for ONE DAYTONA to exceed our weighted average cost of capital as we progress to stabilization. This Article is only for format and is not related to case study. Lastly, while doing the evaluation of Sm Entertainment alternatives, it is important to quantify the options through different techniques. Stocks ordered in descending order by price percent change with respect to the previous close. GS Home Shopping Inc. Sm Entertainment Weakness refer to the situation in which the existing capabilities and the resources the company holds are weaker or not sufficient compared to others organizations in the market. Consumer Services The North West Co. Daishi Hokuetsu Financial Group, Inc. The revenue is fixed or determinable and collection is reasonablyassured. Analyst reports and guidance from Morningstar and Argus. It was the exact opposite of how I felt. Funds in accordance with Canadian generally accepted auditing standards. SITC International Holdings Co. The issuance by the Financial Accounting Standards Board or other accounting oversight bodies of new accounting standards or changes to existing standards. Pursuant to this regulation, the registrant hereby agrees to furnish a copy of any such instrument not filed herewith to the SEC upon request. Samsung Life Insurance Co. Element Fleet Management, Corp. Graphic Designer Ready for Enlightenment? Hokuhoku Financial Group, Inc. From what I understood, there seems to be an agreement that YG artists will use the BENX platform while BIGHIT will use YG Plus for merchandise and other shit. Potential Payments upon Change in Control. RATING UNDER REVIEW: Temporary suspension of recommendation when there is material uncertainty in corporate value. If any intelligent unscrupulous investor actually think BIGHIT is a good investment, then clearly this is what matters. MGM and Universal Pictures. Our feature films also support Warner Bros. Guotai Junan International Holdings Ltd. Carrier of Last Resort obligations and elimination of state commission review of the withdrawal of services, internet regulation and privacy issues. Dongkuk Steel Mill Co. Latin America primarily to residential customers using satellite technology. Chrome Web Store installation is already pending. Boyd Group Services Inc. Asahi Group Holdings, Ltd. Though in many cases, it is difficult to analyze the feasibility of the options especially the intangible factor, however, quantifying the maximum option is important, in order to develop a clear image and understanding of option that will address the problem. So you can see that the dilution has had a bit of an impact on shareholders. Deferred tax assets are recognized for deductible temporary differences and operating loss, and tax credit carryforwards. How to use the strengths to reduce likelihood and impact of the threats? By using our services, you agree to our use of cookies. It is significant to consider these factors. We wish you all good luck for extraordinary success in your businesses and life. HLB Life Science Co. Lotte Tour Development Co. Dow Jones, a News Corp company News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services SM Entertainment will do its best to be a trusted company based on transparent management. We utilize our regional and national wireless networks in Mexico to provide consumer and business customers with wireless data and voice communication services. Combining these factors, it last greater and inevitable impact on organization. SM Entertainment to emerge as the biggest entertainment firm by market capitalization for the first time in nearly two decades this week. Corporation ranking junior to the Series A Preferred Stock. United States This report was prepared by DBS Bank Limited. This will allow the team to develop a better solution plan addressing all the factors and considering all the risk associated with it. Communications Act and related FCC regulations. The sales amount of an organization depicts the business size. Trumponomics data
Recommended publications
  • Birth and Evolution of Korean Reality Show Formats
    Georgia State University ScholarWorks @ Georgia State University Film, Media & Theatre Dissertations School of Film, Media & Theatre Spring 5-6-2019 Dynamics of a Periphery TV Industry: Birth and Evolution of Korean Reality Show Formats Soo keung Jung [email protected] Follow this and additional works at: https://scholarworks.gsu.edu/fmt_dissertations Recommended Citation Jung, Soo keung, "Dynamics of a Periphery TV Industry: Birth and Evolution of Korean Reality Show Formats." Dissertation, Georgia State University, 2019. https://scholarworks.gsu.edu/fmt_dissertations/7 This Dissertation is brought to you for free and open access by the School of Film, Media & Theatre at ScholarWorks @ Georgia State University. It has been accepted for inclusion in Film, Media & Theatre Dissertations by an authorized administrator of ScholarWorks @ Georgia State University. For more information, please contact [email protected]. DYNAMICS OF A PERIPHERY TV INDUSTRY: BIRTH AND EVOLUTION OF KOREAN REALITY SHOW FORMATS by SOOKEUNG JUNG Under the Direction of Ethan Tussey and Sharon Shahaf, PhD ABSTRACT Television format, a tradable program package, has allowed Korean television the new opportunity to be recognized globally. The booming transnational production of Korean reality formats have transformed the production culture, aesthetics and structure of the local television. This study, using a historical and practical approach to the evolution of the Korean reality formats, examines the dynamic relations between producer, industry and text in the
    [Show full text]
  • The Globalization of K-Pop: the Interplay of External and Internal Forces
    THE GLOBALIZATION OF K-POP: THE INTERPLAY OF EXTERNAL AND INTERNAL FORCES Master Thesis presented by Hiu Yan Kong Furtwangen University MBA WS14/16 Matriculation Number 249536 May, 2016 Sworn Statement I hereby solemnly declare on my oath that the work presented has been carried out by me alone without any form of illicit assistance. All sources used have been fully quoted. (Signature, Date) Abstract This thesis aims to provide a comprehensive and systematic analysis about the growing popularity of Korean pop music (K-pop) worldwide in recent years. On one hand, the international expansion of K-pop can be understood as a result of the strategic planning and business execution that are created and carried out by the entertainment agencies. On the other hand, external circumstances such as the rise of social media also create a wide array of opportunities for K-pop to broaden its global appeal. The research explores the ways how the interplay between external circumstances and organizational strategies has jointly contributed to the global circulation of K-pop. The research starts with providing a general descriptive overview of K-pop. Following that, quantitative methods are applied to measure and assess the international recognition and global spread of K-pop. Next, a systematic approach is used to identify and analyze factors and forces that have important influences and implications on K-pop’s globalization. The analysis is carried out based on three levels of business environment which are macro, operating, and internal level. PEST analysis is applied to identify critical macro-environmental factors including political, economic, socio-cultural, and technological.
    [Show full text]
  • The K-Pop Wave: an Economic Analysis
    The K-pop Wave: An Economic Analysis Patrick A. Messerlin1 Wonkyu Shin2 (new revision October 6, 2013) ABSTRACT This paper first shows the key role of the Korean entertainment firms in the K-pop wave: they have found the right niche in which to operate— the ‘dance-intensive’ segment—and worked out a very innovative mix of old and new technologies for developing the Korean comparative advantages in this segment. Secondly, the paper focuses on the most significant features of the Korean market which have contributed to the K-pop success in the world: the relative smallness of this market, its high level of competition, its lower prices than in any other large developed country, and its innovative ways to cope with intellectual property rights issues. Thirdly, the paper discusses the many ways the K-pop wave could ensure its sustainability, in particular by developing and channeling the huge pool of skills and resources of the current K- pop stars to new entertainment and art activities. Last but not least, the paper addresses the key issue of the ‘Koreanness’ of the K-pop wave: does K-pop send some deep messages from and about Korea to the world? It argues that it does. Keywords: Entertainment; Comparative advantages; Services; Trade in services; Internet; Digital music; Technologies; Intellectual Property Rights; Culture; Koreanness. JEL classification: L82, O33, O34, Z1 Acknowledgements: We thank Dukgeun Ahn, Jinwoo Choi, Keun Lee, Walter G. Park and the participants to the seminars at the Graduate School of International Studies of Seoul National University, Hanyang University and STEPI (Science and Technology Policy Institute).
    [Show full text]
  • The Korean Wave As a Localizing Process: Nation As a Global Actor in Cultural Production
    THE KOREAN WAVE AS A LOCALIZING PROCESS: NATION AS A GLOBAL ACTOR IN CULTURAL PRODUCTION A Dissertation Submitted to the Temple University Graduate Board In Partial Fulfillment of the Requirements for the Degree DOCTOR OF PHILOSOPHY by Ju Oak Kim May 2016 Examining Committee Members: Fabienne Darling-Wolf, Advisory Chair, Department of Journalism Nancy Morris, Professor, Department of Media Studies and Production Patrick Murphy, Associate Professor, Department of Media Studies and Production Dal Yong Jin, Associate Professor, School of Communication, Simon Fraser University © Copyright 2016 by Ju Oak Kim All Rights Reserved ii ABSTRACT This dissertation research examines the Korean Wave phenomenon as a social practice of globalization, in which state actors have promoted the transnational expansion of Korean popular culture through creating trans-local hybridization in popular content and intra-regional connections in the production system. This research focused on how three agencies – the government, public broadcasting, and the culture industry – have negotiated their relationships in the process of globalization, and how the power dynamics of these three production sectors have been influenced by Korean society’s politics, economy, geography, and culture. The importance of the national media system was identified in the (re)production of the Korean Wave phenomenon by examining how public broadcasting-centered media ecology has control over the development of the popular music culture within Korean society. The Korean Broadcasting System (KBS)’s weekly show, Music Bank, was the subject of analysis regarding changes in the culture of media production in the phase of globalization. In-depth interviews with media professionals and consumers who became involved in the show production were conducted in order to grasp the patterns that Korean television has generated in the global expansion of local cultural practices.
    [Show full text]
  • SM Entertainment
    SM Entertainment (041510 KQ ) Positive on KeyEast/FNC Add Culture acquisitions Acquisition of rivals to strengthen content production business; Maintain positive view Entertainment We reaffirm our Buy call and target price of W50,000 on SM Entertainment. We continue to maintain a positive view on entertainment firms’ entry into content Company Report productio n, and believe SM Entertainment’s latest acquisitions will broaden the company’s opportunities in this area. We believe investors should focus on new March 15, 2018 business prospects rather than dilution (4.2%) from the share issue. Since 2015, the secondary businesse s (F&B, fashion, cosmetics) of entertainment firms (including SM Entertainment) have been largely disappointing, weighing on their overall earnings. However, we think there is clear potential for synergy between SM (Maintain) Buy Entertainment’s core business and content production, especially in terms of the use of artist-creator resources and the financial compatibility of advertising and content Target Price (12M, W) 50,000 production (stability and profitability). Acquiring KeyEast (25.1%) and FNC Add Culture (30.5%) for a total of W80bn Share Price (03/14/18, W) 41,600 Before yesterday’s market opening, SM Entertainment announced that it had agreed to acquire a 25.1% stake in KeyEast for W50bn (W2,570 per share) and a 30.5% stake in Expected Return 20% FNC Add Culture for W30bn. The company will fund the W80bn deal through a combination of p rivate placement, purchase of existing shares, and equity issue participation. More specifically, SM Entertainment will: 1) issue 920,000 new shares OP (17P, Wbn) 11 (W35bn) to Bae Yong-joon, KeyEast’s current largest shareholder; 2) acquire existing Consensus OP (17F, Wbn) 17 shares of KeyEast (W15bn) and FNC Add Culture (W20bn); and 3) participate in FNC Add Culture’s equity issue (W10bn).
    [Show full text]
  • THE GLOBALIZATION of K-POP by Gyu Tag
    DE-NATIONALIZATION AND RE-NATIONALIZATION OF CULTURE: THE GLOBALIZATION OF K-POP by Gyu Tag Lee A Dissertation Submitted to the Graduate Faculty of George Mason University in Partial Fulfillment of The Requirements for the Degree of Doctor of Philosophy Cultural Studies Committee: ___________________________________________ Director ___________________________________________ ___________________________________________ ___________________________________________ Program Director ___________________________________________ Dean, College of Humanities and Social Sciences Date: _____________________________________ Spring Semester 2013 George Mason University Fairfax, VA De-Nationalization and Re-Nationalization of Culture: The Globalization of K-Pop A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy at George Mason University By Gyu Tag Lee Master of Arts Seoul National University, 2007 Director: Paul Smith, Professor Department of Cultural Studies Spring Semester 2013 George Mason University Fairfax, VA Copyright 2013 Gyu Tag Lee All Rights Reserved ii DEDICATION This is dedicated to my wife, Eunjoo Lee, my little daughter, Hemin Lee, and my parents, Sung-Sook Choi and Jong-Yeol Lee, who have always been supported me with all their hearts. iii ACKNOWLEDGEMENTS This dissertation cannot be written without a number of people who helped me at the right moment when I needed them. Professors, friends, colleagues, and family all supported me and believed me doing this project. Without them, this dissertation is hardly can be done. Above all, I would like to thank my dissertation committee for their help throughout this process. I owe my deepest gratitude to Dr. Paul Smith. Despite all my immaturity, he has been an excellent director since my first year of the Cultural Studies program.
    [Show full text]
  • Hallyu at a Crossroads: the Clash of Korea's Soft Power Success and China's Hard Power Threat in Light of Terminal High
    Asian International Studies Review Vol. 18 No.1 (June 2017): 153-169 153 Received March 15, 2017 Revised May 10, 2017 Accepted May 20, 2017 Hallyu at a Crossroads: The Clash of Korea’s Soft Power Success and China’s Hard Power Threat in Light of Terminal High Altitude Area Defense (THAAD) System Deployment HANNAH JUN* The past two decades have witnessed the remarkable success of Hallyu, or the Korean Wave, with Korea welcoming a large influx of foreign visitors and benefiting from massive consumption of products ranging from Korean television and film, K-pop and lifestyle products. A more recent announcement by CJ E&M points to an even more aggressive plan for regional ubiquity, as encapsulated by Hallyu 4.0. Simultaneously, we have already felt some of the effect of policy changes in China – a core Hallyu market – as a response to Korea’s plan to deploy a Terminal High Altitude Area Defense (THAAD) system. In this sense, we see the stirrings of a clash between Korean soft power and Chinese hard power, and are uncertain who will emerge on top. This paper examines the broad success of Hallyu from key theoretical perspectives, while addressing linkages between Korean corporations and cultural power/influence that have led to an announcement such as Hallyu 4.0. This paper also highlights the recent tensions between Korea and China, specifically with respect to THAAD deployment, and outlines potential implications for businesses and policymakers through preliminary scenarios. Keywords: Nuclear Taboo, Nuclear Arms, Deterrence, Norms, Proliferation, Just War * Assistant Professor, Ewha Womans University, Seoul, South Korea; E-mail: [email protected]; DOI: 10.16934/isr.18.1.201706.153 Downloaded from Brill.com09/28/2021 03:33:20PM via free access 154 Hallyu at a Crossroads I.
    [Show full text]
  • Creative Industries in South Korea: the Korean Wave
    CREATIVE INDUSTRIES IN SOUTH KOREA: THE KOREAN WAVE Author: Nicoleta Stefanÿ Valean Tutor: Francesc Xavier Molina Morales DEGREE IN BUSINESS ADMINISTRATION AE1049 - FINAL PROJECT WORK ACADEMIC YEAR: 2016/2017 CREATIVE INDUSTRIES IN SOUTH KOREA: THE KOREAN WAVE TABLE OF CONTENTS INTRODUCTION 3 1. CREATIVE INDUSTRY 5 1.1. Definition. 5 1.2. Origin. 5 2. SOUTH KOREA 6 2.1. The history of Korea. 6 2.2. Hallyu: The Korean Wave 9 2.3. Aspects related to Hallyu 13 2.3.1. Industry Policy 14 2.3.2. Hallyu’s Kdramas approach 15 2.3.3. Hallyu and National Prestige 16 2.3.4. Market Segmentation 18 3. KOREAN POPULAR CULTURE 20 3.1. Korean television and Kpop 20 3.2. The Big Three: SM, YG and JYP 24 3.2.1. SM Entertainment 25 3.2.2. YG Entertainment 28 3.2.3 JYP Entertainment 29 3.2.4. Trainee system 31 4. CONCLUSION 33 5. REFERENCES 34 6. WEBGRAPHY 36 2 CREATIVE INDUSTRIES IN SOUTH KOREA: THE KOREAN WAVE INTRODUCTION We live in a globalized world, surrounded by the effects of globalization in our daily life. Nowadays we have access to information about so many different cultures, countries, economies, different organizations, and so on. Thanks to the Internet, we have access to a whole new world in just a click. This is the main characteristic of the actual global situation. Personally, I am always amazed of this fact, being able to “travel" with just a click, being able to communicate with someone on the other side of the world, being able to know exactly what is happening, for example, in Australia while being in Spain, and more.
    [Show full text]
  • SM Entertainment
    SM Entertainment (041510 KQ ) Plenty of momentum ahead Entertainment Raise TP to W50,000 on 2018 profit growth Results Comment We maintain our Buy call on SM Entertainment and raise our target price by 13.6% to W50,000. SM Entertainment is displaying robust earnings on the back of its fully active March 12, 2018 lineup, while its expansion into new business areas (content production and advertising agency) and global idol project, NCT, are progressing smoothly. We also believe SM Entertainment will benefit greatly from the resumption of concert/production projects in China, given the strong potential for concerts by (Maintain) Buy popular artists, as well as the company’s well-establishe d business structure (the company has two local subsidiaries) and content production capabilities (strong talent Target Price (12M, W) ▲ 50,000 pool for entertainment shows/dramas). 4Q17 review: Strong results, excluding one-offs Share Price (03/09/18, W) 38,250 For 4Q17, SM Entertainment reported consolidated rev enue of W155bn (+97.7% YoY) and operating profit of W3.7bn (+495.9% YoY). Revenue was ahead of consensus Expected Return 31% (W110.8bn), but operating profit missed (consensus of W9.2bn). Revenue was boosted by: 1) SM C&C’s stronger-than-expected advertising revenue (W37.7bn; OP margin of 9%); 2) better-than-expected Japanese concert royalties (around 800,000 attendees); OP (17P, Wbn) 11 and 3) robust domestic album sales (EXO and Super Junior in February). Consensus OP (17F, Wbn) 17 At the operating level, however, the company was hit by a number of non-recurring EPS Growth (17P, %) - item s, including bonus payouts, SM C&C’s merger compensation (W7bn), and the Market EPS Growth (17F, %) 45.2 expensing of content (the drama Jealousy Incarnate , which was previously capitalized; W3bn at SM C&C), due to delays in sales to China.
    [Show full text]
  • Diversity of K-Pop: a Focus on Race, Language, and Musical Genre
    DIVERSITY OF K-POP: A FOCUS ON RACE, LANGUAGE, AND MUSICAL GENRE Wonseok Lee A Thesis Submitted to the Graduate College of Bowling Green State University in partial fulfillment of the requirements for the degree of MASTER OF ARTS August 2018 Committee: Jeremy Wallach, Advisor Esther Clinton Kristen Rudisill © 2018 Wonseok Lee All Rights Reserved iii ABSTRACT Jeremy Wallach, Advisor Since the end of the 1990s, Korean popular culture, known as Hallyu, has spread to the world. As the most significant part of Hallyu, Korean popular music, K-pop, captivates global audiences. From a typical K-pop artist, Psy, to a recent sensation of global popular music, BTS, K-pop enthusiasts all around the world prove that K-pop is an ongoing global cultural flow. Despite the fact that the term K-pop explicitly indicates a certain ethnicity and language, as K- pop expanded and became influential to the world, it developed distinct features that did not exist in it before. This thesis examines these distinct features of K-pop focusing on race, language, and musical genre: it reveals how K-pop groups today consist of non-Korean musicians, what makes K-pop groups consisting of all Korean musicians sing in non-Korean languages, what kind of diverse musical genres exists in the K-pop field with two case studies, and what these features mean in terms of the discourse of K-pop today. By looking at the diversity of K-pop, I emphasize that K-pop is not merely a dance- oriented musical genre sung by Koreans in the Korean language.
    [Show full text]
  • An Analysis of the Korean Pop Industry, Seven-Year Statute, and Talent Agencies Act of California
    UCLA UCLA Entertainment Law Review Title Discovering the Full Potential of the 360 Deal: An Analysis of the Korean Pop Industry, Seven-Year Statute, and Talent Agencies Act of California Permalink https://escholarship.org/uc/item/88z2z7wm Journal UCLA Entertainment Law Review, 20(2) ISSN 1073-2896 Author Tsai, Patricia Publication Date 2013 DOI 10.5070/LR8202027172 Peer reviewed eScholarship.org Powered by the California Digital Library University of California Discovering the Full Potential of the 360 Deal: An Analysis of the Korean Pop Industry, Seven-Year Statute, and Tal- ent Agencies Act of California Patricia Tsai* The 360 deal has been an attractive option for music labels in the United States to gain traction in the faltering music industry, but po- tential legal obstacles may hinder the incentive to enter into the deals both for the label andfor the artist. Labels entering into 360 deals may find themselves liablefor violating the Seven-Year Statute or the Talent Agencies Act (TAA). With 360 agreements becoming more popular, labels should turn to an existing music industry that has dealt with the potentiallegal problems of 360 dealsfor years. The Korean pop industry, commonly called "K-pop, " has taken advantage of a 360-deal-like model for many years, and as a conse- quence, many Korean labels have experienced the potential legal prob- lems that American labels may face. Particularly,the legal problems faced by S.M Entertainment, a talent agency and music label giant in South Korea, as a result of their contract with TVXQ, a popular and hugely successful boy band,reveal exactly the type ofpotential liability faced by American music labels.
    [Show full text]
  • Marketing K-Pop and J-Pop in the 21St Century Sarah Brand Dickinson College
    Dickinson College Dickinson Scholar Student Honors Theses By Year Student Honors Theses 5-21-2017 Marketing K-Pop and J-Pop in the 21st Century Sarah Brand Dickinson College Follow this and additional works at: http://scholar.dickinson.edu/student_honors Part of the Asian Studies Commons, Digital Humanities Commons, Japanese Studies Commons, Korean Studies Commons, Music Commons, and the Other Film and Media Studies Commons Recommended Citation Brand, Sarah, "Marketing K-Pop and J-Pop in the 21st Century" (2017). Dickinson College Honors Theses. Paper 266. This Honors Thesis is brought to you for free and open access by Dickinson Scholar. It has been accepted for inclusion by an authorized administrator. For more information, please contact [email protected]. MARKETING K-POP AND J-POP IN THE 21ST CENTURY Sarah Brand Senior Thesis Department of East Asian Studies Dickinson College May 10, 2017 Brand 2017 Music is an important part of daily life and, as a result, an integral part of culture. The way in which individuals are exposed to different genres and types of music helps illustrate the extent to which globalization has had an impact on the world. Before the invention of the internet, music was only available for purchase to consumers who went to record stores and physically purchased goods. Now, countless unique songs and genres are readily available with just a single search. Due to how easily consumers can access new music, digital distribution has completely overtaken the profit from selling physical copies of albums. In 2006, record labels still made $9.4 billion from CD sales in the United States, despite the fact that digital distribution entities, such as Napster and iTunes, provided digital copies of the same songs.
    [Show full text]