SM Culture & Contents
A South Korean entertainment and media company combining advertising, television and film production, talent management, theatrical production, and travel services.
Last updated August 24, 2026
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Overview
SM Culture & Contents, commonly abbreviated as SM C&C, is a South Korean entertainment and media company affiliated with SM Entertainment. Its activities span talent representation, television and film content production, theatrical production, advertising, and travel-related services. The company is therefore broader than a conventional artist-management label: it operates as a multi-division content business that can develop performers, produce programs, participate in scripted and unscripted entertainment, and connect media properties with commercial and tourism initiatives. The company’s corporate history began in the travel sector. Before becoming part of the SM group, the business operated as Intercontinental Travel Agency and later adopted the BT&I name following its KOSDAQ listing through a merger involving Volvik, a professional golf-ball brand. BT&I subsequently expanded through travel-related acquisitions, including a majority investment in Tour Express, an online travel agency, and the incorporation of Hotel Trees, a hotel-reservation business. These activities established the company as a listed travel and leisure operator before its strategic direction changed. In 2012, SM Entertainment acquired control of BT&I through a combination of share purchases and a capital increase. The transaction was intended to combine BT&I’s listed corporate platform and travel capabilities with SM Entertainment’s music, artist, and Korean Wave businesses. Following shareholder and governance changes, the company was repositioned under the SM Culture & Contents identity and began developing television, film, video, and talent-management activities. The acquisition gave SM Entertainment a vehicle for expanding beyond recorded music and concerts into a broader content-production and media-management model. The post-acquisition expansion included exclusive representation agreements with entertainers such as Kang Ho-dong and Shin Dong-yup, helping establish a management division focused not only on singers and actors but also on television personalities and program hosts. SM C&C also merged with AM Entertainment in 2012, strengthening its actor-management and video-content capabilities. In 2013, the company signed actor Gong Hyun-jin and absorbed Hoon Media, a production company associated with television producer Lee Hoon-hee. These moves supported the company’s effort to combine performer management with internally developed programs and other audiovisual projects. SM C&C has subsequently been organized around advertising, production, management, and travel divisions. Its production work has included television dramas, variety programs, films, documentaries, and other audiovisual formats, while its theatrical activities have included Korean productions and licensed or adapted musical works. The company has also participated in projects connected to SM’s wider entertainment ecosystem, including artist-related documentaries, hologram musical content, and travel services associated with Korean popular culture. The company’s positioning is that of an integrated Korean content operator rather than a narrowly focused record label. Its value proposition comes from combining production infrastructure, a roster of actors and entertainers, advertising capabilities, and access to SM Entertainment’s broader intellectual-property and international network. Public information identifies SM C&C as an active South Korean company, although detailed current information about its executive roster, financial performance, and present operating mix is not consistently available in the supplied reference material.
History
SM Culture & Contents developed from a travel and leisure company that operated under the Intercontinental Travel Agency and BT&I names. BT&I became a KOSDAQ-listed company in 2006 through a merger involving Volvik, a professional golf-ball business. It later sought to expand in online and international travel, acquiring a majority interest in Tour Express from Daum Communications in 2007 and incorporating Hotel Trees, a hotel-reservation business, in 2010. The decisive transformation occurred in 2012, when SM Entertainment moved to acquire BT&I. SM purchased shares from existing holders and supported the company through a third-party capital increase and a new equity-bond issue. The transaction was intended to create operational links between BT&I’s travel and leisure business and SM Entertainment’s music, artist, and Korean Wave activities. In May 2012, shareholder and governance changes formalized SM’s position as the company’s largest shareholder and opened the way for a broader entertainment strategy. After the acquisition, the company expanded into artist management, television production, drama, video content, and comprehensive broadcasting programs. The signing of television personalities Kang Ho-dong and Shin Dong-yup demonstrated that the new business model would encompass hosts and variety entertainers as well as singers and actors. The company also merged with AM Entertainment in September 2012, strengthening its actor-management and video-production base. Expansion continued in 2013. Gong Hyun-jin signed an exclusive contract covering multiple entertainment formats, and SM C&C absorbed Hoon Media at a share-exchange ratio reported in contemporary company information. Hoon Media had been associated with producer Lee Hoon-hee and television programs including Happy Together, Happy Sunday, Fly Shoot Dori, and Music Bank. The merger was presented as a way to improve management efficiency while reinforcing the company’s ability to create and manage television content. SM C&C’s operating model came to include four broad divisions: advertising, production, management, and travel. The production and management functions are based in Seoul and cover scripted television, variety programming, films, documentaries, theatrical works, and representation of actors, entertainers, and singers. The theatrical portfolio has included productions such as Sacred Spaces Buddhist Temple Korea, Singin’ in the Rain, Hero in My Heart, School Oz, and In the Heights. The company has also been associated with artist documentaries and other audiovisual projects. The result is a hybrid entertainment company rather than a pure music label. SM C&C uses talent representation and production capabilities together, while its advertising and travel operations provide additional commercial channels. Its relationship with SM Entertainment gives it access to the group’s artist ecosystem and Korean-popular-culture footprint, but the company maintains a distinct corporate identity and a broader service mix. The available reference material does not establish a complete current executive roster, detailed financial profile, or definitive account of every present-day production, so those areas are left unfilled rather than inferred.
- 2013
Hoon Media absorption merger
[1]The company absorbed Hoon Media, reinforcing its television-production capabilities.
- 2012
SM Entertainment acquired BT&I
[1]SM Entertainment acquired control of BT&I and began redirecting the company toward entertainment, media, and Korean Wave-related activities.
- 2012
AM Entertainment merger
[1]SM C&C merged with AM Entertainment to expand actor management and video-content operations.
- 2010
Hotel Trees became a subsidiary
[1]BT&I incorporated Hotel Trees, a business connected with hotel-reservation services.
- 2007
BT&I acquired a majority stake in Tour Express
[1]BT&I purchased 90 percent of online travel agency Tour Express, expanding its online-travel activities.
- 2006
BT&I became KOSDAQ-listed through a merger
[1]The predecessor business entered the KOSDAQ through a merger involving Volvik and subsequently used the BT&I name.
Products and positioning
An integrated Korean entertainment-content company combining talent management, audiovisual production, advertising, theatrical production, and travel services.
Media production
Television content production
SM C&C produces and participates in television content across scripted and unscripted formats. Its production scope has included dramas, variety programs, entertainment shows, and other broadcast projects. This activity complements the company’s management division by allowing represented performers to participate in internally developed or affiliated productions.
Entertainment services · 2012
Talent management
The management division represents actors, television entertainers, hosts, and singers. The division became especially important after the company signed Kang Ho-dong and Shin Dong-yup in 2012, signaling an expansion beyond the singer-focused model associated with SM Entertainment.
Media production
Film and documentary production
The company’s audiovisual work includes films, documentaries, and artist-centered projects. Referenced documentary projects include work connected with artist Lee Dong-woo and actor Jang Dong-gun, illustrating SM C&C’s use of documentary formats alongside mainstream television production.
Live entertainment · 2013
Theatrical and musical production
SM C&C has participated in theatrical and musical productions, including Korean productions and licensed or adapted stage works. Referenced titles include Singin’ in the Rain, Hero in My Heart, School Oz, In the Heights, and Sacred Spaces Buddhist Temple Korea.
Advertising
Advertising services
The advertising division develops advertising and branded-content services. It forms a commercial counterpart to the company’s entertainment operations, using production resources and access to artists and media properties to support marketing work.
Travel
Travel services
Travel is the company’s historical operating foundation. Services and related businesses have included online travel, hotel reservations, and tourism offerings associated with the predecessor BT&I organization and the later SM-linked travel ecosystem.
Brand decisions
2012
Acquisition and entertainment-sector repositioningM&ABackground
BT&I was primarily associated with travel and leisure before SM Entertainment acquired control. SM sought to connect the listed company’s existing businesses with its music, artist, and Korean Wave activities.
Action taken
SM Entertainment acquired shares, supported a capital increase, changed the board and corporate articles, and redirected the company toward content production, talent management, broadcasting, and related entertainment services.
Aftermath
The company became SM Culture & Contents and expanded through artist contracts, the AM Entertainment merger, and the Hoon Media absorption merger.
2012
Expansion into comprehensive entertainment managementStrategyBackground
SM Entertainment aimed to extend its business beyond singers and recorded music into television personalities, actors, drama production, and comprehensive broadcasting content.
Action taken
SM C&C signed Kang Ho-dong and Shin Dong-yup and developed management and production activities for a wider range of performers.
Aftermath
The move established SM C&C as a multi-category entertainment company with management, production, advertising, and travel divisions.
Sources1 sources
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