SM Entertainment Battle: Court Backs Lee Soo-Man, Blocks Kakao Share Purchase and Dilution of HYBE
A court in Seoul on Friday blocked a proposed move to issue new shares in K-pop talent agency SM Entertainment to Korean tech giant Kakao Corp. and its Kakao Entertainment subsidiary. An injunction was sought by Lee Soo-man, one of the pioneers of the Korean contemporary music industry, but who is…
#seoul #smentertainment #korean #kakaocorp #kakaoentertainment #leesooman #hybecorp #kakao #yangyang