, , , , , ,

SM Entertainment Plans to Push Publishing Business Into North America, Europe


SM Entertainment’s publishing subsidiary, Kreation Music Rights (KMR), announced it has signed 86 songwriters to its roster since launching in September. The fast-growing music publisher also announced plans to expand into Europe and North America.


The company says its “top priority” is to recruit top songwriters around the globe, not just writers within SM Entertainment’s network. KMR began its worldwide expansion in December 2023 with the launch of its European office to recruit local talent, beginning with writers who have worked on songs for SM and K-pop artists for many years. They include the Norwegian company Dsign Music (“Genie” by Girls’ Generation, “ISTJ” by NCT DREAM) and Sweden-based songwriter duo Sunshine (“Psycho” by Red Velvet, “Highway to Heaven” by NCT 127, “Spicy” by aespa).

Related


KMR will next expand into North America, as noted in a press release Thursday (Mar. 7), establishing a North American subsidiary and additional partnerships with local companies. According to the release, “KMR aims to maximize its synergy with SM and quickly secure market dominance in the K-pop market” while looking to be a “leading music publishing company in Asia within the next five years.”


KMR also announced that it has acquired two South Korean music publishers — Monotree and The Hub — to quickly establish its dominance in the country’s music publishing space. Monotree was founded in 2014 and has 33 songwriters on its roster, including A-list producer/writers Hwang Hyun, Yoo Ji-sang (a.k.a. G-HIGH) and Lee Joo-hyung. The Hub, which was founded in 2020 by Brian You, has 13 songwriters in its fold; KMR reports that the company had an annual sales growth rate of 53% from 2020-2023.


According to KMR, the company now consists of three distinct teams — MonoTree, The Hub and SMASH HIT — which operate like “CICs” (company-in-company), which is similar to what is known as a “joint venture” in the U.S. market. KMR notes that it plans to expand the number of CICs through more investments and partnerships in the future.

https://www.billboard.com/business/publishing/sm-entertainment-expand-publishing-company-europe-north-america-1235628317/


January 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  

About Us

Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.

At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.

We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.

From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.

So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.

Podcasts

TWiT 1015: Smarter Than a House Cat – TikTok, Trumpcoin, Samsung Unpacked 2025 This Week in Tech (Audio)

Supreme Court Upholds Law That Threatens US TikTok Ban Trumpcoin Texas Sues Allstate Over Its Collection of Driver Data Skyrocketing car-insurance premiums are pushing inflation higher Behind the Curtain — Coming soon: Ph.D.-level super-agents 4 surprise products we could see at Samsung Unpacked 2025 Apple suspends error-strewn AI generated news alerts US Finalizes Rule Banning Smart Cars With Russian, Chinese Tech Natrium 'advanced nuclear' power plant wins Wyoming permit – WyoFile Cash App parent fined $175 million for 'woefully incomplete' response to fraud FDA Proposes Significant Step Toward Reducing Nicotine to Minimally or Nonaddictive Level in Cigarettes and Certain Other Combusted Tobacco Products Host: Leo Laporte Guests: Jason Hiner, Paris Martineau, and Molly White Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit Sponsors: joindeleteme.com/twit promo code TWIT ziprecruiter.com/twit NetSuite.com/TWIT canary.tools/twit – use code: TWIT shopify.com/twit
  1. TWiT 1015: Smarter Than a House Cat – TikTok, Trumpcoin, Samsung Unpacked 2025
  2. TWiT 1014: Just Say It's Capitalism – CES 2025, Meta News, Newag DRM
  3. TWiT 1013: Calamari in Crisis – Touching the Sun, Fake Spotify Artists, Banished Words
  4. TWiT 1012: Our Best Of 2024 – The Best Moments From TWiT's 2024
  5. TWiT 1011: The Year in Review – A Look at the Top Stories of 2024