On February 10, HYBE announced that it had signed a contract to acquire 14.8% of the 18.46% stake owned by Lee Soo Man and became the sole largest shareholder in SM Entertainment. Previously, Kakao acquired 1.23 million new shares issued by SM in the form of a paid-in capital increase and acquired 9.05% of SM shares. With the new acquisition, Kakao became the second largest shareholder in SM.
In this dispute, the majority of SM executives and employees are siding with the current management under co-CEOs Lee Sung Soo and Tak Young Jun..' The poll asked the employees at SM Entertainment what their thoughts were about the management rights dispute. The poll was conducted for employees to vote for either 'Lee Sung Soo and Tak Young Joon + Kakao' or 'Lee Soo Man + HYBE.
Even after it was announced that HYBE became the major shareholder of SM Entertainment, the employees wrote on the online community 'Blind' comments such as""I worked with high expectations for every project, but now I feel like I've been deprived of everything."
Meaning that LSM is only doing this for his own benefit? We already know this.
I’ll Just Be Neutral & Wait To See The Reasons All Of This Is Happening It Can Be A Good Reason, I Stan Groups From SM But Some Of Yall Rude For Talking Down On HYBE Groups, Well Let’s Just Say Groups From SM Can Finally Get Promoted Correctly If They Do Go Under HYBE🙂
this is fake
hoply they not change SM vibe song
Tau ga lu bacot... Media play yg keren👋 yg punya masalah itu CEO SM & LSM, trus kenapa hrs HYBE Mulu yg diberitain bacot.. jelas² ini media play lg buat jatuhin HYBE ky yg udeh². Dan seperti biasa byk neti sotoy
Eles vão ter que aceitar o novo dono a HYBE
Out od 500 employees, only 222 participated (not even half) then how can it be that over 85% employees support CEOs...articles to make LSM bad..
Blind is under Kakao ? 🤔🧐
So? They don't have the money, their opinion doesn't count...
Ya pasti support lah, klo di liat dri situasi nya emg perusahaan LSM itu trlalu ambil banyak untung dri keuntungan SM, skrng perusahaan LSM dah putus kontrak ma SM ya jelas keuntungan jdi masuk lbh banyak ke investor dan mungkin ke salary para pekerja nya, so? 😌
Idols don't get an opinion at all, because they are not employees, but contractors. Employee opinions- Kakao is more hands-off, HYBE might cut positions due to integration, so understandable. Fan opinions - most irrelevant.
So what? Will that change the situation? I don't think so, because a large amount of money has already been turned over. Will this situation change if SM buys Bang PD's shares in SM?
Hybe has 14% of SME and planning to buy 25% more, so that's 39%. If after that hybe buy 12% more of SME share then SME will be official acquired by hybe making SME completely under hybe label. Big 3, JYP, YG, SM will become JYP, YG, HYBE since SM is under HYBE.
Wouldn’t catch me setting myself up to get fired later on
That is weird Because the media said they were against it earlier I am confuse here