Last updated on September 13th, 2022 at 12:21 pm
Here you can find the list of Top 3 Korean entertainment companies
List of Top 3 Korean entertainment companies
So here is the list of Top 3 Korean entertainment companies which are sorted out based on the market share.
1. CJ ENM Co., Ltd
CJ ENM has been leading the cultural content industry in Korea for the last 25 years through inheritance of the philosophy of Lee Byung-Chul, founder of the CJ Group, that there is no country without culture.
The company is the leading the globalization of Korean culture and offering fun and inspiration to customers all over the world by providing various content such as film, media, live performances, music, and animation.
- Revenue: $ 3.1 Billion
- ROE: 4%
- Debt/Equity: 0.3
- Operating Margin: 10 %
Next in the list is SM Entertainment. SM Entertainment has successfully set foot in North America, South America, and Europe while maintaining its base in Asia, and has enhanced the national brand of Korea and promoted the growth of the culture industry.
2. SM Entertainment
SM Entertainment, founded in 1995 by Head Producer Lee Soo Man, is the first company in the industry to introduce systematic casting, training, producing, and management systems, and it has been discovering unique content by pinpointing demands for music and cultural trends. SM Entertainment entered the global marketplace using globalization and localization strategies through culture technology and has become a leading entertainment company in Asia.
In 1997, SM Entertainment became the first company in the Korean entertainment industry to enter foreign markets and made remarkable achievements as the leader of Hallyu, or the Korean Wave.
- Revenue: $ 0.53 Billion
- ROE: – 2%
- Debt/Equity: 0.2
- Operating Margin: 8 %
SM Entertainment is promoting the unique culture of Korea through avenues such as K-POP, the Korean alphabet, and Korean cuisine, through ‘Made by SM’ content all over the world, and is elevating the prestige of Korea by promoting the consumption of Korean brand products.
In particular, SM Entertainment has focused on the value of culture that can lead the national economy and has contributed to its growth under the catchphrase, “Culture First, Economy Next.” SM Entertainment will continue to lead the entertainment industry until Korea becomes a ‘Cultural Powerhouse’ as well as an ‘Economic Powerhouse’ based on the idea that our economy will reach its heights only when our culture wins the heart of the entire world.
3. Studio Dragon Corp.
Studio Dragon Corp engages in the operation of platform for Korean drama and entertainment video streaming. Studio Dragon is a drama studio that produces drama contents across diverse traditional and new media platforms. As Korea’s leading production house, the company contribute to the enrichment of local contents through consistent pursuit for new and authentic storytelling.
- Revenue: $ 0.5 Billion
- ROE: 6 %
- Debt/Equity: 0
- Operating Margin: 10.6 %
Its published dramas include Chicago typewriter, Tomorrow with you, My Shy Boss, Guardian, Legend of the Blue Sea, Entourage, Woman with a Suitcase, The K2, On the Way to the Airport, and Good Wife. The company was founded on May 3, 2016 and is headquartered in Seoul, South Korea.
Studio Dragon takes the lead in content development by providing various quality contents to viewers throughout the world, supporting existing and new creators for their works, and striving for differentiated quality works.
So finally these are the list of Top 3 Korean entertainment companies.