Find Friend(s)
Chat
CHAT ROOMS
KPOP Lounge

General

SM Entertainment buys FNC Add Culture and Key EAST

By jennywill   Tuesday, March 13, 2018   61,783   10,595   243
misc

2

0

SHARES
  1. Google+
SM Entertainment has purchased FNC Add Culture and Key EAST.


FNC Add Culture is a subsidiary of FNC Entertainment. SM Entertainment will be buying 31% of its stocks, and will be the largest stockholder. FNC Entertainment will be the 2nd largest stockholder.


SEE ALSO: Model and actor Kim Min Seung passes away unexpectedly at 45


SM Entertainment will be growing the drama, broadcast production, printing, etc that FNC Add Culture has been leading, while adding SM Entertainment's own flair. They will also be opening a lifestyle business that combines retail, F&B, fashion, leisure, and more with the label's stars.


Additionally, SM Entertainment has bought Key EAST CSO Bae Yong Joon's shares. Bae Yong Joon will instead hold stocks within SM Entertainment. The label is home to various actors such as Sohee, Han Ye Seul, Kim Soo Hyun, Park Soo Jin, Son Dam Bi, Uhm Jung Hwa, Woo Do Hwan, Kim Hyun Joong, and many more.

  1. misc.
  2. sm entertainment
  3. fnc entertainment
  4. fnc ad culture
  5. fnc add culture
  6. key east


TRENDING

GET AKP IN YOUR INBOX!

CONNECT WITH ALLKPOP

  1. Follow us on Instagram
  2. Subscribe on Youtube
  3. Follow us on Google+

BRAND PARTNERS

main
main
$18
18
18
$18
v
v
$18
18
18
$20