Well, talk about a belated update, as SM Entertainment recently announced the decision to remove Lucas from both NCT and WayV. That said, he’ll seemingly stick with the company and …
Read More »Debut of aespa’s Naevis at SXSW never happened, now feared to be scrapped #SMERespectNaevis #JusticeForNaevis #NaevisCherish #NaevisPrecious
The debut of Naevis, who hails from from aespa lore and SM Entertainment‘s Kwangya, was supposed to happen in March with an unveiling of some sort happening at SXSW. Unfortunately …
Read More »KWANGYA 119 is SME’s new artist protection venture and somehow not a meme
SM Entertainment has announced an exclusive business deal with law firm Sejong and opened a site called KWANGYA 119 to protect the metaverse from virtual crimes against Naevis their artists …
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 paid Lee Soo Man additional ~$50+ million for stake in SME subsidiaries, will fund LSM’s tree planting project
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 …
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 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 …
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