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Thursday, April 19, 2018

SM found to be funneling 10 billion won a year to Lee Soo Man's personal agency

Article: [Exclusive] SM Entertainment has been leaking 10 billion won a year to Lee Soo Man's personal agency

Source: Asia Econ via Nate

1. [+503, -5] Let's get a thorough investigation of both SM and Lee Soo Man ㅋㅋㅋ

2. [+430, -7] Something smells fishy...

3. [+345, -21] Please investigate this thoroughly. Punish for any crimes committed and praise for any goods that have been done.

4. [+29, -30] Wow ㅋㅋㅋㅋㅋ didn't think this would be used against him like this ㅋㅋㅋㅋㅋ  I mean yeah that personal agency does belong to Lee Soo Man but it's an agency that does the producing, mixing, and mastering for all of SM's songs. How can they be criticized for taking money for that? ㅋㅋㅋ
- Then what's the reason for SM having a separate agency just for producing, mixing, and master? They can just keep it under SM, can't they?

5. [+21, -1] Well... I guess they're due for an investigation. SM and CJ are dominating the market pretty much.

6. [+19, -0] Embezzlement!

7. [+19, -0] It's not just SM, most sizable companies dump all the work on a CEO's company so that he can pocket the profits. It just sucks for the staff when times get tough for the company since they're the ones who are cut first.

8. [+13, -0] Isn't this embezzlement? Why is the money being funneled there?

9. [+7, -1] It's insider trading

10. [+6, -1] Maybe Bae Yong Joon's smart... he knew this would happen so he brushed his hands clean and left ㅋㅋ


Source: Naver

1. [+391, -12] Companies like this need to be dealt with... there are sever issues at play here...

2. [+301, -8] Well I hope he doesn't deal with this by going off to America to play golf and coming back once things quiet down

3. [+274, -8] How can people say this isn't illegal? Then Samsung, LG, Hyundai, and Lotte would all be doing it too!

4. [+247, -8] F*ck, I knew this would explode one day...

5. [+157, -4] Remember when Interpol was out for Lee Soo Man because he ran away overseas? Old habits die hard

6. [+111, -3] Your stocks are dropping, Soo Min-ah

7. [+83, -1] Basically embezzlement



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