The Korean Entertainment Producers Association publicly criticizes current SM management regarding their conflict with Lee Soo Man
They have no regard for the culture or understanding of the production system, and continue to change their words to their advantageThe current management of SM unilaterally and arbitrarily drove out producer Lee Soo Man with a fund company called Align Partners without even seeking understanding or consulting with producer Lee Soo Man, the largest shareholder and founder, or the artists under his management,This is a hostile M&A,...
is being waged by Align Partners, current management, and large corporations, and therefore an act of market disruption" and that the Association"We hope that SM will return to normalcy in the near future, and we will keep a close eye on the SM situation as it unfolds.
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