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SM Studios
SM Studios (; also stylized in all caps) is a South Korean holding company wholly owned by SM Entertainment. It was established after SM restructured its affiliates to focus on its music business. The company manages drama, entertainment, and fields of new media. History On April 5, 2021, SM Entertainment revealed through a public announcement that the company had established a new subsidiary, SM Studios, with SM acquiring 195,648 shares for 244,561.93 million won. SM stated that it planned to focus on the music business, the company's original entertainment business, through restructuring. The wholly-owned subsidiary was established to promote the restructuring of group affiliates to facilitate the business structure. Additionally, the company was set to promote the efficiency of group management through a "reliable" management system. It was also expected to secure market competitiveness as affiliates related to media studios have coordinated agreements through integrated mana ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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All Caps
In typography, all caps (short for "all capitals") refers to text or a font in which all letters are capital letters, for example: "THIS TEXT IS IN ALL CAPS". All caps may be used for emphasis (for a word or phrase). They are commonly seen in legal documents, the titles on book covers, in advertisements and in newspaper headlines. Short strings of words in capital letters appear bolder and "louder" than mixed case, and this is sometimes referred to as "screaming" or "shouting". All caps can also be used to indicate that a given word is an acronym. Studies have been conducted on the readability and legibility of all caps text. Scientific testing from the 20th century onward has generally indicated that all caps text is less legible and readable than lower-case text. In addition, switching to all caps may make text appear hectoring and obnoxious for cultural reasons, since all-capitals is often used in transcribed speech to indicate that the speaker is shouting. All-caps text i ...
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Entertainment Companies Of South Korea
Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audience's attention. Although people's attention is held by different things because individuals have different preferences, most forms of entertainment are recognisable and familiar. Storytelling, music, drama, dance, and different kinds of performance exist in all cultures and were supported in royal courts and developed into sophisticated forms, over time becoming available to all citizens. The process has been accelerated in modern times by an entertainment industry that records and sells entertainment products. Entertainment evolves and can be adapted to suit any scale, ranging from an individual who chooses a private entertainment from a now enormous array of pre-recorded produc ...
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Companies Based In Seoul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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South Korean Companies Established In 2021
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ...
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Mass Media Companies Established In 2021
Mass is an intrinsic property of a body. It was traditionally believed to be related to the quantity of matter in a physical body, until the discovery of the atom and particle physics. It was found that different atoms and different elementary particles, theoretically with the same amount of matter, have nonetheless different masses. Mass in modern physics has multiple definitions which are conceptually distinct, but physically equivalent. Mass can be experimentally defined as a measure of the body's inertia, meaning the resistance to acceleration (change of velocity) when a net force is applied. The object's mass also determines the strength of its gravitational attraction to other bodies. The SI base unit of mass is the kilogram (kg). In physics, mass is not the same as weight, even though mass is often determined by measuring the object's weight using a spring scale, rather than balance scale comparing it directly with known masses. An object on the Moon would weigh less t ...
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Kocowa
Kocowa (stylized as KOCOWA) is an American online video streaming website headquartered in Los Angeles as a joint venture between the top three Korean broadcast networks: KBS, MBC and SBS along with SK Telecom, who co-founded in South Korea, to provide Korean entertainment including K-dramas, K-reality, K-variety, and K-pop to the Americas and all with multi-language subtitles. A subsidiary of wavve Americas, the name KOCOWA stands for Korean Content Wave. Launched in July 2017, it became the IP holder and content broker for its Korean programs to platforms such as Roku, Comcast, Prime Video, and others. In addition to streaming high-quality Korean content with premium subtitles on these platforms, they also offer access to the largest library of K-Dramas via their app. History The top three Korean broadcast networks, KBS, MBC and SBS, consolidated their efforts to distribute content globally due to the rising demand for Korean content across the globe. In July 2017, ...
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Hulu
Hulu () is an American subscription streaming service majority-owned by The Walt Disney Company, with Comcast's NBCUniversal holding a minority stake. It was launched on October 29, 2007 and it offers a library of films and television series like 20th Century Studios, Searchlight Pictures, Disney Television Studios, ABC, Freeform, and FX Networks among others, as well as Hulu original programming. Hulu was initially established as a joint venture between News Corporation and NBC Universal, Providence Equity Partners, and later The Walt Disney Company, serving as an aggregation of recent episodes of television series from their respective television networks. In 2010, Hulu launched a subscription service, initially branded as "Hulu Plus", which featured full seasons of programs from the companies and other partners, and undelayed access to new episodes. In 2017, the company launched ''Hulu with Live TV''—an over-the-top live TV service featuring linear television channel ...
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Nippon TV
JOAX-DTV (channel 4), branded as , is the flagship station of the Nippon News Network and the Nippon Television Network System, owned-and-operated by the which is a subsidiary of the certified broadcasting holding company , itself a listed subsidiary of The Yomiuri Shimbun Holdings, Japan's largest media conglomerate by revenue and the second largest behind Sony. Nippon Television Holdings forms part of Yomiuri's main television broadcasting arm alongside Kansai region flagship Yomiuri Telecasting Corporation, which owns a 6.4% share in the company. Nippon TV's studios are located in the Shiodome area of Minato, Tokyo, Japan and its transmitters are located in the Tokyo Skytree. Broadcasting terrestrially across Japan, the network is sometimes contracted to , and abbreviated as "NTV" or "AX". It is also the first commercial TV station in Japan, and it has been broadcasting on Channel 4 since its inception. Nippon Television is the home of the syndication networks NNN (for ...
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TVING
TVING () is a South Korean online streaming service operated by TVING Corporation, a joint venture of CJ E&M (CJ Group), Naver and JTBC. It is a platform that streams dramas, entertainment shows, exclusive television films and specials. History TVING was launched on May 31, 2010, by CJ HelloVision. In January 2016, the service was transferred to CJ E&M. On September 17, 2019, CJ E&M and JTBC signed an MOU to establish a joint venture company to operate the service. On October 1, 2020, the joint venture company was launched as TVING Corporation and Yang Ji-eul became the first CEO of the entity. On April 29, 2021, TVING announced that it would no longer provide real-time TV channels for free with paid subscription needed in order to view the content moving forward. On June 30, 2021, it was announced that Naver has invested billion into TVING Corporation, making Naver the second largest shareholders at 15% after CJ E&M. During the TVING Connect online event, they were planned ...
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SM Life Design Group
SM Life Design Group () is a South Korean printing, content distribution, and production company under SM Studios, a wholly-owned subsidiary of SM Entertainment. It was originally founded in 1998 as KD Media and was acquired by FNC Entertainment as FNC Add Culture in 2016. History 1998–2018: Establishment and acquisition by FNC Entertainment In December of 1998, KD Media was established when the lottery business was spun-off from the publishing house of the with then '' Korea Daily News'', as it was formerly a company specialized in the printing and supplying markets. Before the spin-off, it had been spending and owing more money than is being earned for a long time, but through restructuring, it posted a net profit of 1.3 billion won in 1999, a year after its establishment, and had steadily increased its surplus. In April 2000, the company launched its video business division and has grown into one of the top three major DVD publishing companies in South Korea in three yea ...
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