SM Entertainment Japan Co Ltd, formerly Stream Media Corp, is mainly engaged in the entertainment business and rights and media business. The Company operates its business through two segments. The Entertainment business segment includes artist management, music production, concert and event planning and production, fan club management, and merchandising. The Rights & Media business segment is engaged in the acquisition and commercialization of various rights related to drama broadcast rights and movie distribution rights, provision of programs and events via communications satellite (CS) broadcasting, and online distribution. The Company also operates a karaoke application business.