78

13

News
Posted by EunhaYi Monday, February 20, 2023

The Korea Entertainment Management Association condemns current SM management

AKP STAFF

The Korea Entertainment Producers Association issued a statement asking the current management of SM Entertainment to stop their continued attacks against former executive producer Lee Soo Man.

On the February 21 KST, the Korea Entertainment Producers Association stated in an official press release, "We ask the current management of SM to stop the ugly revelations that is destroying the Korean Wave."

The association continued, "I cannot help but look at the current situation in which the current management, who has seized management rights, drives it into a muddy fight and destroys the Korean Wave overnight with a sorrowful and complicated mind."


They concluded by saying, "As revealed by HYBE, if the governance structure is wrong, you can block it or change it internally. If there is any doubt about management, you can check it internally and resolve it according to the procedure. If they (the current SM management) continue to disrupt the ecosystem of the financial market and the cultural entertainment industry and continue to spread their vile greed, the association will never stand by.

  1. misc.
55 40,485 Share 86% Upvoted
 
gypsy_jaeger
gypsy_jaeger9,334 pts Monday, February 20, 2023 6
Monday, February 20, 2023

When a body is starting to rot inside, you can only start treating it from the inside. The problem with the current SM management's strategy is that they are airing out LSM's dirty laundry when they themselves admitted to having been knowledgeable about his supposed wrongdoings all along. SME cannot really come out unscathed from all of the exposès. As I have said before, every attack on LSM by the current SME management is a double-edged sword.🤷

63 (+68 / -5)
Share

6 more replies

 
Slutpink
Slutpink-524 pts Monday, February 20, 2023 3
Monday, February 20, 2023

we're slowly but surely able to observe the downfall of sm. and neither lsm nor hybe are to blame for that. it was the current management's decision to sell to the real monopoly (kakao) without consulting lsm first and it backfired. play stupid games, win stupid prizes.

46 (+60 / -14)
Share

3 more replies

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
New Message

SEND