K-POP Music

208 SM Workers Launch Collective Assertion About Their Stance On The Firm’s Present Scenario

SM Leisure workers has spoken up concerning the firm’s scenario with former chief producer Lee Soo Man and HYBE.

On February 17, a collective of 208 workers launched the next assertion:

As soon as former chief producer Lee Soo Man was at risk of getting his unlawful tax evading actions unveiled, he offered his shares to a competitor firm that he used to talk in poor health of and ran away.

Us members of SM have been fully utilized in former chief producer Lee Soo Man’s unlawful acts together with fraudulent actions for his private pursuits and tax evasion. We can’t be utilized by HYBE’s illegality and expediency once more even earlier than we start the SM 3.0 venture.

Thus, us 208 common workers of SM Leisure are releasing the next assertion as we can not maintain our anger about former chief producer Lee Soo Man and HYBE’s illegal collusion.

1. We’ll shield K-pop’s cultural range and SM’s distinct id. We declare that SM’s tradition shouldn’t be subordinated to HYBE’s capital.

2. We actively assist and stand by CEO Lee Sung Su and COO Tak Younger Joon’s self-reflection and their plans for SM 3.0 multi-producing. We additionally demand stronger safety for our artists and followers so they aren’t harmed.

3. We oppose HYBE’s hostile M&A and their expedient try and enter our board of administrators. We’ll resist HYBE’s try and take over SM in an irregular method.

“Lee Soo Man abandoned SM and Pink Blood and ran away, however we’ll stay at Seoul Forest and shield SM and Pink Blood.”

Collective of 208 SM Leisure common workers

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