Industry experts are saying HYBE is not a 'White Knight' for Lee Soo Man
was founded by Lee Soo Man, and"SM" are the initials of his name. The company has been operated over the years with the founder's mindset,"It is clear Lee Soo Man has contributed greatly to the agency, but it is also evident that he is now holding back SM Entertainment. One example of how Lee Soo Man is holding SM back is the fact that he is set to.
HYBE already clarified this aspect after buying Lee Soo Man's stake in SM. HYBE clearly stated that SM's revenue would no longer be wasted in Lee Soo Man's personal wallet. HYBE said," ." In summary, Lee Soo Man forfeited the royalties that he was supposed to receive from SM as he sold his 14% stake to HYBE.Actually, HYBE is not joining hands with Lee Soo Man, but the company is rather joining hands with SM Entertainment to improve the structural management revisions.Lee Soo Man reached out for help, and Bang Si Hyuk took his hand.
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