Sommpi – Asia : SM Entertainment (SM) is joining hands with CT Corp and entering the Indonesian market.
On February 21, SM announced its plan to establish a joint venture with Trans Media, a comprehensive media company under CT Corp, at the Grand Hyatt Hotel in Jakarta, Indonesia. CT Corp is a business group leading the media, finance, and retail sectors in Indonesia. Through their joint venture, they will focus on four areas including entertainment and content production, comprehensive advertising, lifestyle business, and digital business.
