[News] 110407 SM, YG, JYP And More Form One Massive Global Agency, “United Asia Management”
The biggest entertainment companies in Korea have joined together to create one massive management agency known as “United Asia Management.”
All of the artists under SM Entertainment, YG Entertainment, JYP Entertainment, KeyEast, Star J Entertainment and AMENT will now be managed under the company in their endeavors including movies, dramas and all other entertainment content production.
The six companies came together to share their business know-how and network so that they can advance the Hallyu wave into an Asian Pop Music wave all around the world.
It’s still unclear as to whether the artists will be both under UAM along with their respective companies.
What is clear is that this is essentially a monopoly that could crush smaller companies and their artists…
credit: mtvk
shared by: sharingyoochun.net
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From Momma Cha
It seems as if SM and Co. have once again undererestimated the intelligence of the K-Pop fanbase.
First-of-all, the Hallyu Wave is of interest to me personally because I support JYJ, HoMin, SuJu, and Shinee. I have no interest in any other groups and while I can say that at present I would support those SM artists of my own choosing–if it came to supporting them as part of a giant machine aimed at complete world domination through the entertainment industry, I would have to say that i would have to back out of the system. I love K-Pop, but it is not the only musical genre worth listening to out there nor should these artists be used to keep money constantly flowing into these moguls hands, and receiving very little for themselves.
It is not a foregone conclusion that we little sheep would all go Baaaa…and allow our hard-earned cash to be sucked into the vacuum of what appears to be an Asian mafia base. At present I am going to keep my eyes and ears open and support only who I choose to support and, let’s face it, concentrate my energies and resources predominately on JYJ and HoMin. Prsyerfully, HoMin can continue to benefit. We all know that this is just one more ploy to control everyone and their money. Shame on you all, SM and Co.