Following HYBE acquiring Lee Soo Man‘s shares in SM Entertainment, now the internal war is basically down to who minority shareholders will sell to/side with. Lee Sung Soo‘s side has …
Read More »HYBE officially acquire Lee Soo Man’s stake in SME, release open letter talking up their similarities
HYBE has released an open letter from CEO Park Ji Won, addressed to fans, artists, employees, and shareholders of SM Entertainment, informing them that they’ve finalized their purchase of Lee …
Read More »SME releases video with CFO Jang Cheol Hyuk denouncing HYBE’s ‘hostile takeover’, outlines reasoning
Wishes do come true, as SM Entertainment has continued to fight their internal war through YouTube videos of all things, this time with the Align Partners and Lee Sung Soo …
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 »Lee Soo Man responds to Lee Sung Soo’s sweeping allegations by entering sad boi era and saying ‘my heart hurts’
Yesterday, sweeping allegations ranging from tax evasion to megalomania were made against Lee Soo Man by SM Entertainment CEO Lee Sung Soo, as the latest installment of the company’s internal …
Read More »SME CEO Lee Sung Soo accuses Lee Soo Man of delaying aespa’s comeback, megalomania, tax evasion, and wanting to create weed casino music cities
So I took some time off from covering the SM Entertainment internal and external mess to let the dust settle a bit as the next major move seemed like it …
Read More »HYBE becomes top shareholder in SME, Bang Si Hyuk & Lee Soo Man release joint statement, SME co-CEOs claim ‘hostile’ takeover
Well, things got hot and heavy extremely quickly in the SM Entertainment mess, huh? Following earlier reports that HYBE was considering investing in SME, it’s now been confirmed that they’ve …
Read More »HYBE confirms to Korea Exchange they are considering acquiring stake in SME
In light of all the turmoil surrounding SM Entertainment at the moment, with an apparent coup underway and founder Lee Soo Man suing to stop Kakao’s investment in the company, …
Read More »Lee Soo Man’s side of SME fight reportedly sent signed Karina photos to sway minority shareholders
As the mess at SM Entertainment continues to escalate, I recently was made aware of a report back in March of 2022, where Lee Soo Man‘s side of the SME …
Read More »Lee Soo Man to sue SME over Kakao purchase, alleging the deal was made illegally
As a result of ‘SM 3.0’ being announced the other day, dissention within the company ranks was revealed, as artist Kim Min Jong came forward with allegations of essentially a …
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