SM Entertainment Sees Bigger Sales for First Half of 2015 Than Ever Before

[Newsie]

SM Entertainment has finished the first half of 2015 with a big fat green plus, larger, in fact, than the company has ever seen. On August 10, the Financial Supervisory Service revealed SM’s tentative financial statement for the second quarter (Q2) of 2015, and following, the numbers for SM’s first half of the year. Looking […]

The post SM Entertainment Sees Bigger Sales for First Half of 2015 Than Ever Before appeared first on Soompi.

View the full article

[yukiyukiku]

earning such a huge sales, why cant SM treat their artists & train their manager better
hearing such news makes me disappointed with SM more

[Guest eddielim831]

They should have increased revenue. They released practically their whole repertoire. It's no secret why GG, SJ and Shinee are overlapping each other in promotions. Their stock took a big hit in 2014. You promote everyone you will increase revenue but you also increase expenses. SM a bit desperate these days.

[Guest pjferjack]

This should quiet those naysayers about recruiting Chinese artists into the Korean Idol lineups... MONEY, MONEY, MONEY!!!! As stated in the article, their profits are up 114% from that of last year due to expanding their presence in China. Concerts, fan meetings, cross cultural projects; dramas, and movies. You do the math.... it's a country with over a billion people with a lot of disposable income to spend.

[lilibaiyu]

You'd think after bragging about how much money they made they'd actually give more than a pittance to the idols who actually did the work and earned it, but they won't. The only thing that keeps their idols there is 1. Fear 2. the reality that SM will do everything in its power to destroy any idol who tries to leave.