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 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 …
Read More »SME to debut a rotating group of like 11 trillion robots to prepare for takeover
Lee Soo Man recently announced that SM Entertainment will debuting a rotating boy group called Neo Culture Technology (NCT), which is basically just admitting that their idols are just robots …
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