and paid Lee an additional 70 billion KRW for his stake in SM Entertainment's subsidiaries.
Lee Soo Man, his children, and other related people owned 24.14% of Dream Maker and 42.31% of SM Brand Marketing, but SM Entertainment is the largest shareholder in all of these companies. Dream Maker has been in charge of the production and planning of concerts, and SM Brand Marketing has been in charge of producing and distributing concert merchandise. SM Brand Marketing is a company with total assets of 28.8 billion KRW as of the end of 2021 consolidated financial statements. Sales were 45.
In addition, the financial investment industry also sees that HYBE paying additional money to Lee means that they are giving him a premium for management rights.
This is turning into the k-drama of the year and it's only March 🤦🏻♀️
LSM create KPOP just to ruin it with his own hands...
As long as my babbies alright(rv) it’s okay. But I’am getting scared truthfully😰
Ya’ll believe anything lmao
Plague hybe paid off criminal Botox scum,birds of same feather.
can hybe pay some money for at least English translation on Weverse live, please🙂
Chris Lee is crying rn
Everyone are upset with this crazy amount of money. But when we talk about idol super know like Blackpink Bts Aespa New jeans Twice. And they buy appartement like 5 millions $. Nobody is shock
Con dinero baila el perro 🥴
That’s like selling your child away for money, how cruel 😥
Y'all Allkpop staff need to stop using clickbait titles. 'It is expected that the controversy over Lee Soo Man receiving a premium from HYBE and negatively affecting the minority shareholders will continue to grow.' Y'all really pouring gasoline into that fire
I’m done
Okay now I'm official hater of this guy.. he actually sold my babies (rv&aesa) to the hands of hyenas.. i hope n i pray that they do not end up like gfriend
sheeesh, they poop money lmao
Yo HYBE can I get like a quick mill sheesh. 😅
LSM & hybe both are destroying SM
Whatever
WDC