News / Headlines / Comeback / Teaser / Music Video

SM 'Independent Business' Vs. YG 'Alliance'

By Staff Writer | August 06, 2012 11:45 AM EDT

SM Entertainment 'Independent Business' Vs. YG Entertainment 'Alliance'
SM Entertainment 'Independent Business' Vs. YG Entertainment 'Alliance' (Photo : d)



Like Us on Facebook

With the start of the London Olympics, the 'G' generation has been gaining attention again. The 'G' generation are the people who were born before or after the Seoul Olympics and have a futuristic and global mindset. These people are showing their skill confidently all over the world.

There is a 'G' generation in the music industry as well. 5 members group SHINee's Taemin is born in 1993. Big Bang's Daesung is born in 1989. These two are helping to spread K-Pop globally in places such as the U.S., Japan, China and other countries.

These 'G' generation idols are able to succeed because of their supporters. Lee Soo Man of SM Entertainment and Yang Hyun Suk of YG Entertainment are known as the 'fathers of idols'. 

These two CEO's have many similarities. These two were singers before they were CEO's and had received much love from their fans. Lee Soo Man was in the duo, 'April and May' and Yang Hyun Suk was in the trio, 'Seotaiji and Boys'.

They are also currently the top 1 and 2 best entertainment companies. To the public, they are known as the entertainment's CEO's, but inside the building, they are also the producers. They are not just any producer, but they are also the top shareholder of the company as well. Lee Soo Man holds 21.97% of the equity and Yang Hyun Suk holds 35.79%. 

The two CEO's are also very wealthy. Lee Soo Man currently has  $219,618,400 in equity and Yang Hyun Suk has $179,548,560. Not only this, but their real estate is famous as well. 

These two companies are also competing against one another in the music industry. SM Entertainment ranks number 1 for the top album sales while YG Entertainment ranks number 1 for digital market shares. There seems to be a big gap in sales between the two companies as well. SM raked in $109,936,000 while YG brought in $781,000. Although their successes financially are along the same path, their style of working is vastly different.

Yang Hyun Suk finds the relationships between the singers and actors to be very important. If a fellow artist is going through a tough time, he likes to talk with them and comfort them. Yang Hyun Suk is seen more of as a friend or a brother than a CEO. In contrast, many artists at SM admitted that it was hard to become close with Lee Soo Man. Girls' Generation commented that they do not have many situations or chances to become close with the CEO. 

As a businessman, Yang Hyun Suk believes that collaborative innovation is an important value. Recently, he has partnered with Hyundai card and Jeil Industries. Hyundai stated, "YG is known for their talented artists and we are known for our brand and design. We were curious to see what would happen if the two were to come together."

Lee Soo Man on the other hand likes to take over the business and create it into his own SM brand rather than partnering with them. 

Although the two CEO's working styles are different, their goals are the same. Their goal is to create artists from the 'G' generation and bring them out the the global market. 

Featured Video : KIM JAEJOONG LAST DRAMA

Tagged :  YG Entertainment, SM Entertainment, Yang Hyun Suk, Lee Soo Man

Featured

Hot Issues 07.25.14 | 06:42AM EDT

SM Entertainment Officially Addresses f(x) Sulli & Her Wish To Halt Promotional Activity

Sulli requested a halt to promotional activities due to emotional distress. Is this the end of f(x)?

SNS 07.25.14 | 12:20PM EDT

K-Pop Crossover: 2NE1's Minzy Supports Christian Singer Moriah Peters On Instagram

2NE1 is currently touring Asia supporting their full-length album "Crush," and now Minzy is supporting another singer on Instagram.

Analytic 07.25.14 | 07:02AM EDT

Do Korean Fancafes Really Represent K-Pop Fans? [Analysis]

A recent report on fancafe membership losses by top idol groups isn't as depressing as it may seem.

Editorial 07.24.14 | 07:27AM EDT

EXO's Fans On Twitter Are Hopeful That Kris Will Return

Several events in the past few days has led fans to an interesting conclusion.

KpopStarz Is Looking For Enthusiastic Entertainment Contributors Reach Millions On The Web
Real Time Analytics