Woollim Entertainment Merges with SM Entertainment’s SM C&C To Form “Woollim Label”
SM C&C and Woollim Entertainment, the latter home to Infinite, Nell, and Tasty, will be merging to form a new label-“Woollim Label.”
SM C&C is a subsidary of SM Entertainment, and by merging with Woollim Ent., will be forming the independent label “Woollim Label.”
SM Entertainment will be in charge of the global distribution of the music and other businesses of artists’ under “Woollim Label,” while SM C&C will be in charge of the label’s functions.
With this move, SM Entertainment is on its way to become a major global music company in the likes of Universal Music Group, Warner Music Group, and Sony Music Entertainment.