Dispute within SM Entertainment arises over the end of Lee Soo Man's production contract | allkpop

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The dispute within SM Entertainment arises over the end of LeeSooMan's production contract

who has been with SM Entertainment for 17 years rebuked the management's decision to end the production contract with Lee Soo Man. "Unlike their previous words that they will make the best decision for the SM family, co-CEOs Lee Sung Soo and Tak Young Joon unilaterally issued such an announcement without any internal discussion."

Previously on February 3rd, the co-CEOs announced their plans to implement a multi-producing system including 5 production centers and multiple labels independently producing music, moving away from the current Lee Soo Man's producing system. "I don't understand why they made such a drastic decision over the national Seollal holidays and I believe there has to be an ulterior motive in proposing salary negotiations to all departments except for Lee Soo Man's office of secretary.

It was reported Lee Soo Man is currently in a state of shock after the sudden announcement of the board cutting ties with him on the 3rd. He has been out of the office since the announcement and reportedly is considering voicing his opinion during the shareholders' meeting next month. However, many employees are also supporting the board's decision. On the anonymous employee community 'Blind', many SM employees voiced that the company needs to implement drastic changes to improve market capitalization and operating profits. Share this article

 

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Be honest y'all think that this is good for smngg or bad?

why this one sounds so familiar👀

SMCoup 😂😂😂

Karma 😂

The kwangya shit aint feeding noone

Why is that literally the only photo of that man

My dear Pinkbloods, I was so excited for my upcoming corporate meeting only to be shockingly informed by my company and my ceo newphews that I am no longer wanted. I am devastated - my priority has always been SM groups and for many unjustifiable reasons, I am being forced out

😯🫢

Lee Soo Man tasting the Jessica Jung treatment. Karma is a bitch now him the other shady backstabber characters next. 😌😍😄🤭Alexa play Justin Timberlake 'What goes around comes around'

LSM reaction to getting fired from the Company he founded

and on that shareholder's meeting, on his speech he will quote the song he produced as an appeal to the board members. shorry shorry shorry shorry j - soupforseniors shorry shorry

Well well well,it's a reincarnation🤣

I stop following up with sm, can someone tell me why some of you want chris lee to be out instead?

aren't you all tired of hugging his balls for over a decade?! ewwwwwwwwwsssssss there fixed it for you

We don’t fvcking care. the fl0p company is over anyways

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