S.M Entertainment Considers Canceling Contract with Lee Soo Man's Producer Company “Like Planning”

S.M Entertainment Considers Canceling Contract with Lee Soo Man's Producer Company “Like Planning”

 


On September 15, 2022, SM Entertainment announced they are considering an early termination of the contract with “Like Planning”, a private company owned by Lee Soo Man (the founder of SM Entertainment). 


In the 1st half of 2022, this company had earned 11.4 billion won, which was suspicious for taking an excessive profit from the company.


SM Entertainment will take measures against the problem. Further information to come soon. 


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Silvia Luoni

Silvia has been a fan of Korean pop since 2016. Her bias group is NCT. She likes writing, reading, photography and Korean Culture.

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