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Lee Soo Man wins lawsuit against SME, blocks company from issuing shares to Kakao

IATFB 03/03/2023 K-Entertainment 0

Back near the start of this mess, the rather hilarious news dropped that Lee Soo Man had sued the company he founded, SM Entertainment. That move was essentially to prevent …

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8 members of WJSN renew their contracts, but 5 members depart

IATFB 03/02/2023 K-Entertainment 0

For a while now, WJSN fans have been speculating on the future of the group, and recently their 7th anniversary came and went rather unceremoniously from the company standpoint. However, …

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HYBE paid Lee Soo Man additional ~$50+ million for stake in SME subsidiaries, will fund LSM’s tree planting project

IATFB 03/02/2023 K-Entertainment 0

In the latest episode of As SM Entertainment Turns, it’s being reported that HYBE had purchased SME subsidiaries belonging to Lee Soo Man for an additional ~$55 million around the …

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HYBE launches ‘SM With HYBE’ campaign, cite comparisons of SME/Kakao deal to Eulsa Treaty for some reason

IATFB 03/02/2023 K-Entertainment 0

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 …

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Girls’ World earns my eternal respect by covering Crayon Pop classic “Bing Bing”, with concept and all

IATFB 03/01/2023 K-Entertainment 0

Girls’ World are a quartet that debuted in 2022 under Liz Entertainment, a company I don’t think I’ve heard from before. Well, perhaps inspired by Crayon Pop‘s beginnings with Chrome …

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Yoo Ah In tests positive for weed, propofol, ketamine, and cocaine, none of which is deserving of the coming backlash

IATFB 03/01/2023 K-Entertainment 0

Actor Yoo Ah In has been under investigation by authorities since the beginning of February over alleged propofol use. Since then, he has reportedly tested positive for marijuana, the aforementioned …

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Politician Jang Yechan (PPP) under fire after being exposed for writing sexual fanfics about IU

IATFB 02/28/2023 K-Entertainment 0

People Power Party politician Jang Yechan is under fire after his past fanfiction writing that involves sexually explicit stories about IU recently surfaced. The 34-year-old is a candidate for head …

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BLANK2Y’s Youngbin revealed as idol accused of strangling girlfriend, kicked out of group

IATFB 02/25/2023 K-Entertainment 0

Following a disturbing domestic violence allegation emerging against an unnamed member of a boy group earlier in the day, Keystone Entertainment announced that BLANK2Y member Youngbin would be leaving the …

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Jiae (ex-WASSUP) talks about dealing with biphobia (and homophobia) after coming out

IATFB 02/23/2023 K-Entertainment 0

Back in 2020, former WASSUP member Jiae came out as bisexual, revealing that she had a girlfriend. Unsurprisingly, things have not been all rainbows for her since, as people have …

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HYBE officially acquire Lee Soo Man’s stake in SME, release open letter talking up their similarities

IATFB 02/21/2023 K-Entertainment 0

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 …

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