JYP Entertainment has acquired a 23.3 % stake in the company DearU, which is owned by SM Entertainment’s subsidiary, SM Studios. With this investment, SM intends to strengthen cooperative ties with JYP in the synergistic improvement of “DearU bubble,” a mobile platform that is competitive in international markets. Uncover the day’s major news, entertainment and data through the lens of Hearst’s 360 + companies and partners.
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I am also concerned that the figures quoted for the programs named do not appear accurate. The figures are high since the overhead is divided across all cost centers. The vast majority of our work is done by volunteers and not staff. We use somewhat tiny employees time all round and have small to no say more than the employees time allocated to sections.