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A documentary about SM Entertainment's founder Lee Soo Man is in progress. Find out more about it below! #SMEntertainment #SM엔터테인먼트 #SMTOWN #LeeSooMan #이수만 #documentary #PrimeVideo #AmazonPrimeVideo

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SM Entertainment announced Friday that it will sever ties with its chief producer Lee Soo-man at the end of this year.

SM Entertainment announced on September 16 that it may sever official ties with its chief producer Lee Soo-man. Lee founded the South Korean media company in 1995, and has been integral to the forming of the modern K-pop industry, producing acts including Girls' Generation, Exo and Aespa. SM Entertainment plans to terminate its contract with Like Planning, a music production...

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

SM Entertainments stock price skyrocketed by more than 18 percent, Friday, on its announcement that the K-pop company will terminate a seemingly “bizarre” contract at the end of this year, through which it has paid tens of billions of won annually to Like Planning, a private firm wholly owned by its founder Lee Soo-man. “Our company received an intention for early termination of the producing contract from Like Planning and is currently reviewing the proposal. If the matter is confirmed th...

SEOUL: High expectations of new girl groups have bolstered the stock of Hybe to offset some of the concerns from the hiatus of mainstay artist BTS, while new albums of iconic South Korean girl groups Blackpink and TWICE lifted their labels JYP and YG after South Korean entertainment majors finished the first half better than expected.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Kakao struggles to acquire SM Entertainment amid founders demands

Kakao struggles to acquire SM Entertainment amid founders demands