CEO Lee Sung Soo further claims that Lee Soo Man still owns other 'paper companies' seizing up to 6% of SM Entertainment's overseas profits | allkpop

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CEO Lee Sung Soo further claims that Lee Soo Man still owns other 'paper companies' seizing up to 6% of SM Entertainment's overseas profits

. An interesting point here is that although SM Entertainment produces all global content related to WayV, SuperM, and aespa, a third party in the form of CT Planning Limited creates a deformity in the structure of the the global distribution contracts.

CEO Lee then accused Lee Soo Man of using his Hong Kong company, CT Planning Limited, as a means to bypass National Tax Service regulations and claim more profits for himself. In fact, Lee Sung Soo claimed that Lee Soo Man will continue to profit in the manner explained above through CT Planning Limited, as CTP's contracts with SM Entertainment and various overseas distribution companies still remain valid.

CEO Lee Sung Soo's accusations against Lee Soo Man regarding the delay of aespa's comeback and unethical real estate expansion can be found

 

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This mff ain't tryna do anything better for the groups. Quickly debuting and disbanding groups will make him money so he wants that. Even if LSM takes profits, at least the groups are secure and long lived and rarely disband.

this is why jype is the best company (for me)

Lmao all I see is Reborn Rich 🤭

You know maybe its time to just throw these two out let Sunny run the company. Isn’t Sunny also related to LSM ? She is his niece right ?

He took from his uncle tho he did illegal things too and he was there with all of the LSM sht going ☠️

The karma SM got is no joke 😂😂😂😂😂😂😂😂😂😂 congrats sm stans

Wonderful

Is this Reborn Rich 2.0 or what?

This is what they want: From 1 new group/artist debut every 3.5 years, they are moving to 2+ new groups/artists debuts per year. That's how they want to make money quick and fast, which will result to faster disbandment of groups.

yatiwoon

This could be true but I don't trust this man He is the same person that make something ILLEGAL and betrayed his own uncle to take the power and administration of SM If he hadn't been LSM's nephew he would never have been elected SM CEO

Giving me reborn rich in real life version 🤯

Ten - please run

I mean LSM been what getting in trouble with taxes and among more so I don’t think his nephew is lying here but damn this beef is crazy tho

Hati gw yang lemah. Liat ini kasian liat itu kasian 😭😭 Au ahh lebih kasihan diri sendiri

bro maybe he should exorcise the energy he’s putting into exposing the old ceo into doing his job 😀

I don't know all the details bet this beef. Whether what they're accusing LSM is true or not but what i can say is that, they are doing this to get the general public to sympathize with them. Making them look like the total victim

This isn’t the reborn rich season 2 that I wanted

This is crazy, poor you

Keeping up with the lee

Wah makin kesini makin kesana

Most important take care pioneers of talented groups.

I believe this 100% but at this point both need to go because I am tired & Aespa needs a comeback. This is whole kdrama of messes around ever corner there is betrayal, backstabbing and plot twist.

Whatever, write about Johnny’s NYFW and 127 triple million seller!!

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[BREAKING] SM Entertainment's current CEO Lee Sung Soo accuses Lee Soo Man of ruining aespa's comeback plans + envisioning a business empire with drugs and casinos | allkpop[BREAKING] SM Entertainment's current CEO Lee Sung Soo accuses Lee Soo Man of ruining aespa's comeback plans + envisioning a business empire with drugs and casinos Please let mark lee leave sm company Anjir anjir this company have some serious internal problem and i’m here for the tea, all hell about to break loose
Source: allkpop - 🏆 573. / 51 Read more »