SM is the initials of the boss Li Xiuman. Introduction to SM: 1996 successfully launched a number of super groups such as H.O.T, SES, Myth, etc., and the unique position of SM became stronger. SM's star-making speed and strength are beyond the reach of other entertainment companies in Korea. After gaining a foothold in South Korea, they will take a longer view and look at the whole of Asia. After Kulong, Liu Chengjun and Gao Yaotai, it seems that all the soldiers of SM suddenly appear in front of us. I think SM's dominance in the world will continue in the new millennium. However, at the beginning of last year, an entertainment company named YG Family was born, which immediately broke the unique situation of SM and put one powerful group after another and one new performer on the stage with great fanfare. The confrontation between SM and YG is imminent. Li Xiuman, the boss of SM Venture SM Company, was a very famous singer in the early 1970s. After retiring from the background, with a keen eye, 1989 founded SM Entertainment Culture Company, which opened a new era for Korean planning companies. Since 1996, SM has successively launched powerful groups such as H.O.T, SES, Myth and Flying to the Sky. In particular, the debut of H.O.T. met the urgent demand of the performing arts market for new groups at that time, and H.O.T. became the favorite group of fans after Crystal Boy. The achievements of H.O.T in the next five years can be said to be unparalleled. They not only became SM's "symbol artists", but also became the brand of the whole Korean entertainment circle. Therefore, SM has become a well-deserved flagship entertainment company, and Li Xiuman is honored as "the godfather of Korean music". 1990s: SM stood out from the crowd. In fact, there are dozens of entertainment companies in South Korea, including JYP Entertainment, DSP Entertainment, Laveur Entertainment, Doctor of Music, Music Factory, Good Media and C.I Media. The reason why SM can win the top spot among many strong rivals is because of the unique vision of the company leaders, and SM artists have almost won a hand and stood out. H.O.T has created an unprecedented popularity index, and SES is as famous as Fin. K.L. and Baby V.O.X are called "the three major women's groups in Korea" and become the best among them. The myth introduced later was not optimistic in the early stage because it could not get rid of the shadow of "H.O.T successor". However, the achievements made by myth and its position in the music world are obvious to all, and myth has undoubtedly become SM's biggest "cash cow". Subsequently, they successively launched powerful singers Bao Er, Flying to the Sky and Isaac &; JIYEON, M.I.L.K and BLACK BEAT, who can sing and dance, and the latest "killer" of SM-TVXQ!! , five people. So it can be said that every shot of SM is destined to be successful. Moreover, SM releases a collection every winter and summer, in which all the artists of the company sing the title songs and MVs, which has become the most anticipated music works for fans in winter and summer vacations. In the MV, the artists had fun and showed a happy "SM family portrait". 265438+Early 20th century: SM disasters continue. 1 May, H.O.T. signed a contract with his old club SM, and the two sides negotiated the future and stay of H.O.T.. Zhang Youhe, Tony and Li Zaiyuan have made up their minds, so H.O.T has to be dissolved, and the other two members of the team, An Qixuan and Wen Xijun, remain in SM Company. The dissolution of H.O.T is equally painful for SM. In addition to huge economic losses, it has also been accused and abused by H.O.T fans and other parties. Even H.O.T fans gather thousands of people to sit in front of SM company every day, shouting slogans and constantly throwing stones and dirt into the company, which makes SM unable to operate normally. At the same time, the dissolution of H.O.T also became the beginning of SM's unfortunate fate. In 2002, South Korean police launched an unprecedented investigation into the pop music industry, and SM, the largest entertainment company in South Korea, was also involved. Jin, the general manager, is suspected of illegally annexing the company's property up to 1, 1 billion yuan. As a result, Li Xiuman, the company's top decision maker, was also involved. However, he refused to return to China to assist in the investigation on the grounds of doing business in the United States. After SES was dissolved at the end of 2002, only SHOO (a member of the group) remained in SM. In 2003, SM was unable to reach a fair agreement acceptable to both sides, so it officially terminated its contract with Myth and turned it to good media. In July of the same year, the agent who had been with Bao Er died in an accident, both for Bao Er and SM itself. It is a heavy blow. SM later launched a group, such as TVXQ!! And the elegant band. Super junior, a new group of 65,438+02 people, is looking for members from TVXQ!! And China's Grace band. However, this decision was opposed by more and more fans. South Korea's SM Company was found to be unfair in signing an agreement with an actor. SM Company, which is known as the "star factory" in South Korea, was ruled by Seoul High Court on the 5th, and its contract with its artists was a modern version of "slave contract", requiring it to be immediately employed by SM Company's artists including H.O.T, TSES, Kontha, Wen Xijun, Bao Er (Bao Er) and other famous singers. SM Company has always made it clear when signing contracts with its actors that if the actors break the contract, they must pay liquidated damages and compensation, which is generally accepted by Korean entertainment circles. Other companies also adopt this regulation or similar regulations. However, the amount of liquidated damages and compensation of SM Company is huge. Even 3-5 times higher than the usual regulations. So it puts a lot of pressure on the actors. It has almost become the shackles of actors' free choice of companies. The Seoul High Court ruled on the 5th that although the investment and risk of training new people are huge, there are also many rewards. This is the basic principle of investment. Although it is unlikely that a successful actor will renew his contract, it is an excessive compensation agreement to recover his investment in a failed singer from a successful singer. SM company's bill of liquidated damages and compensation for actors who violate the contract renewal is 3-5 times higher than the usual default. It is obviously excessive to restrict and punish singers who want to leave the company by this means. In 1996-1998, SM Company signed an agreement with Wen Xijun and Tognan, former members of H.O.T, to compensate all the losses in case of violation of the contract renewal or events affecting the entertainment industry. And issue an agreement that the company can unilaterally terminate the contract when the singer is difficult to continue to develop. The agreement was judged as unfair by the Korea Fair Trade Commission. So SM Company raised an objection to the High Court. After the court ruled that SM Company lost the case, it was tantamount to giving Korean artists more room for activities. However, some insiders worry that this will be a fierce competition for talents. In early Young Jin Yoo, the most famous spice girl, the beautiful girl group ses, the myth has been handed down, and there are flying, Isak &；; Ji-yeon, Brown Bread, Milk, Bao Er, Dana, Shen Wei, Elegant Band, TVXQ!! , Lee Dong Hae, and later An Qixuan, Wen Xijun (both former members of HOT) and SHOO (former members of SES), while Dana and former ISAK &；; Ji-yeon's Shang Mei is now a member of the elegant band. Now Wen Xijun and Myth have left SM Company. All the SM members listed above are familiar to China fans.