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Stock impact report

SM Entertainment Unveils Majors Plans With 'SM NEXT 3.0' Strategy [Forbes]

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) 
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm Check Earnings Report
Company Research Source: Forbes
The South Korean entertainment company , home to popular K-pop acts like SHINee, EXO, NCT, aespa, and RIIZE, outlined several major plans, including changes to its structure systems, expanded global IP strategy, AI integration, and the introduction of a new boy group, in two video presentations released online this past Tuesday. SM Entertainment Co-CEOs Daniel Jang and Dmitry YJ Tak, and Chief A&R Officer (CAO) Chris Lee revealed their plans to evolve their established “SM 3.0” system, which has been successfully implemented over the past three years, into a “Multi-Creative” structure that “places people and artists at the core of its creative ecosystem.” "SM 3.0" established operations in the company's infrastructure, focusing on multi-production, content creation, expanding its IP system, and global distribution. Their new system provides their artists with more opportunities to participate in the creative process. “By placing artists at the center and flexibly assigning the Show less Read more
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