Asian Junkie Asian pop. Without discretion.
K-pop has honestly been a bit slow with news recently, which I haven’t minded, but that does give me the chance to write about a comment left on the Rundown …
Read More »BREAKING: Asian Junkie is bought and paid for by SM Entertainment!
SM Entertainment and EXO-CBX sue each other, FTC starts investigating Kakao
Following the dispute between SM Entertainment and EXO-CBX going public again the other day, there’s been further news, including dueling lawsuits. So here I am again, back at it, because …
Read More »A contract battle resumes as EXO-CBX claim SME broke promises & aren’t paying them, while SME responds with tampering accusations
I thought the EXO-CBX contract saga with SM Entertainment had reached its conclusion almost a year ago — despite related news continuing to stumble in — yet it will now …
Read More »Korean Fair Trade Commission to investigate Kakao, HYBE, SME, YGE, JYPE over potential subcontracting law violations
An investigation into allegations of power abuse by the five biggest entertainment companies in Korea has been launched by the Korean Fair Trade Commission. According to Yonhap, investigators have been …
Read More »SME’s claims their contracts are in line with KFTC, but EXO-CBX’s rebut this, explain the differences, and open up about negotiation process
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 »Kakao to acquire SME as HYBE drops out due to fearing a bidding war, SME confirms partnership
The struggle for control of SM Entertainment has had twists and turns everywhere in the saga, but the latest is perhaps one of the most surprising. Following Kakao‘s tender offer, …
Read More »Kakao launches effort to control 40% of SME & HYBE plots response as a bidding war seems underway
Well, the SM Entertainment Internal War has taken another turn, as HYBE recently effectively failed to achieve their desired public takeover and Kakao has launched their own attempt in response. …
Read More »Lee Soo Man wins lawsuit against SME, blocks company from issuing shares to Kakao
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 …
Read More »HYBE launches ‘SM With HYBE’ campaign, cite comparisons of SME/Kakao deal to Eulsa Treaty for some reason
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 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, …
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