Million Market

Million Market is a South Korean record label and entertainment company. Publicly available reference material identifies it as an entertainment-industry affiliate that has operated in the Korean music business and has maintained relationships with larger entertainment groups. The available material does not establish a reliable founding year, founder, headquarters city, roster, or detailed discography for the label itself, so those fields are left unspecified rather than inferred from similarly named companies. Million Market was identified as a subsidiary of SM Entertainment before being acquired by One Hundred in November 2023. The transaction formed part of a broader restructuring and expansion involving One Hundred and its affiliated entertainment businesses. One Hundred was established in December 2023 through joint investment by Cha Ga-won and MC Mong, with Park Jang-geun serving as general producer. In that corporate context, Million Market was positioned alongside BPM Entertainment, another One Hundred-related company, rather than as a standalone mass-market music conglomerate. In October 2021, Million Market entered into a memorandum of understanding with BPM Entertainment, then known as Big Planet Made, and Swing Entertainment. The agreement was described as a strategic alliance and business cooperation arrangement. The available source does not provide the precise operational scope of the alliance, such as distribution, artist management, production, or investment responsibilities, so it is best understood as a documented partnership rather than evidence of a specific joint product line. Million Market's public profile is therefore primarily that of a Korean music-industry label within a changing network of entertainment companies. The supplied references do not provide enough verified information to describe a current artist roster, signature releases, management structure, or present operating status in detail. Its documented corporate significance lies in its relationship with SM Entertainment, its later acquisition by One Hundred, and its strategic connection with BPM Entertainment and Swing Entertainment.

Million Market is a South Korean record label and entertainment business. The available reference material is limited and is presented mainly through the corporate history of BPM Entertainment, a related company. It does not reliably document Million Market's original establishment, founding personnel, initial releases, or early artist roster. Accordingly, its early history cannot be reconstructed without introducing unsupported claims. The label's documented corporate history includes a period under SM Entertainment ownership. By 2023, Million Market was described as an SM Entertainment subsidiary. Its subsequent acquisition by One Hundred in November 2023 was part of a wider shift in ownership and affiliation across several Korean entertainment businesses. The transaction placed Million Market within the orbit of One Hundred, a company established in December 2023 through joint investment by Cha Ga-won and MC Mong and led in production matters by Park Jang-geun. A significant publicly documented relationship began on October 29, 2021, when Million Market signed a memorandum of understanding with BPM Entertainment and Swing Entertainment. The parties described the arrangement as a strategic alliance and business agreement. BPM Entertainment was associated with Big Planet Made, while Swing Entertainment was described as a CJ ENM subsidiary. The source does not specify whether the agreement covered music distribution, artist management, content production, investment, or another function, and the arrangement should therefore not be characterized more narrowly. Million Market's later ownership relationship with One Hundred also connected it indirectly to BPM Entertainment's expansion. The supplied material describes BPM as a One Hundred subsidiary and identifies Million Market as another company in the same broader corporate network. It does not, however, establish that Million Market itself managed all artists associated with BPM, released BPM's recordings, or shared the same executive team. The surviving reference material also discusses allegations in 2023 that an external company reported to be BPM had attempted to recruit EXO members Baekhyun, Chen, and Xiumin away from SM Entertainment. BPM and MC Mong denied the allegations, and SM later withdrew them and apologized. Because the allegations concerned BPM rather than a confirmed action by Million Market, they are not treated here as a scandal of Million Market. The later incorporation of Baekhyun's company, INB100, into One Hundred in 2024 likewise concerns the parent-group structure and does not establish a direct Million Market activity. On the evidence available, Million Market is best described as a Korean record-label and entertainment-company brand whose public history is defined by corporate affiliation and strategic partnerships more clearly than by a documented standalone catalogue. Additional primary sources would be needed to establish its current status, headquarters, leadership, roster, and principal releases.

• 2023

  Acquisition from SM Entertainment

  [1]BPM Entertainmenten.wikipedia.org

  Million Market was acquired from SM Entertainment by Cha Ga-won, linking the label to the corporate group that subsequently operated through One Hundred.

• 2023

  Integration into the One Hundred network

  [1]BPM Entertainmenten.wikipedia.org

  One Hundred was established in December 2023 through joint investment by Cha Ga-won and MC Mong, with Million Market identified as part of the related entertainment-company network.

• 2021

  Strategic alliance memorandum

  [1]BPM Entertainmenten.wikipedia.org

  Million Market signed a memorandum of understanding with BPM Entertainment and Swing Entertainment, forming a documented strategic and business cooperation arrangement.

A South Korean music and entertainment label operating within a broader network of artist-management and content companies.

• Music releases

  Recorded music

  Million Market's core documented business category is recorded music as a South Korean record label. The available references do not identify a sufficiently verified set of signature albums, singles, genres, or current releases attributable specifically to Million Market.

• Entertainment management

  Artist and entertainment services

  The company operates in the wider Korean entertainment sector, where label businesses may combine music production, artist activities, and related content services. The supplied material confirms the entertainment-company classification but does not document the exact scope of Million Market's current management or production operations.

• 2023

  Acquisition of Million Market from SM EntertainmentM&A

  Background

  Million Market had been identified as a subsidiary of SM Entertainment before the ownership change announced in November 2023.

  Action taken

  Cha Ga-won acquired Million Market from SM Entertainment, bringing the label into the emerging One Hundred-related entertainment network.

  Aftermath

  The acquisition expanded the corporate relationships among Million Market, BPM Entertainment, and One Hundred, although the source does not specify subsequent operational changes at Million Market.

  Source

1. 1BPM Entertainmenten.wikipedia.org