Given that the lawyers of EXO-CBX and SM Entertainment seem intent on fighting this out in the media, the updates seem like they are going to keep coming, and there …
Read More »Dispatch details shady business practices that made Lee Soo Man ~$580 million in the past 23 years
As a part of the ongoing SM Entertainment civil war, Lee Soo Man recently entered his sad boi era in response to sweeping allegations by SME CEO Lee Sung Soo …
Read More »SM Entertainment terminate controversial contract with Lee Soo Man’s Like Planning
About a month ago it was revealed that the mess between SM Entertainment‘s stakeholders and Lee Soo Man‘s Like Planning had returned, with the news that SME was again considering …
Read More »The Lee Soo Man & Like Planning mess is back again, as SM Entertainment are considering cutting ties
SM Entertainment has revealed that they are considering terminating the production contract with former CEO Lee Soo Man‘s company Like Planning. It’s significant in the sense that for years SME …
Read More »SME refuses to merge with Lee Soo Man’s company, will consider higher dividends & scrapping flop businesses … consider
Catching up on older business news, SM Entertainment recently came under fire from shareholders regarding dividends, failing businesses, and especially payments to founder Lee Soo Man’s private company Like Company. …
Read More »SME stakeholder demands Lee Soo Man’s controversial private company be merged with SME
Earlier this month it was revealed that two major stakeholders in SM Entertainment were preparing an open letter demanding transparency from the company, and in response SME were considering offering …
Read More »SME to consider giving dividends as 2 stakeholders prepare open letter calling for transparency
Following a report that SM Entertainment had suspicious financial transactions that seemed to be related to them never paying out dividends to stockholders, SME has announced that it will now …
Read More »SME releases statement to address reports of suspicious financial transactions
SM Entertainment has recently been connected to questionable financial movements involving a company called Like Planning that’s owned by Lee Soo Man. On May 29, news outlet The Korea Economy …
Read More »SME has been paying millions to Lee Soo Man’s company for years, SME say everything’s legal
In a recent report by Asia Economy Daily, it was revealed that SM Entertainment has been paying a company owned by Lee Soo Man millions for years. According to SM’s …
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