208 workers members made a joint assertion.
With the continued feud between founder Lee Soo Man, and present SM Leisure CEOs Lee Sung Soo and Tak Younger Jun, the corporate’s workers have been thrown into chaos and confusion about the way forward for their firm. Whereas new shareholder HYBE has already expressed a want to retain SM Leisure’s present historical past and legacy, it looks as if the present SM Leisure employees aren’t so fast to be appeased.
On February 17, 2023, a brand new assertion was launched. The collective assertion represents a complete of 208 common workers members with positions under that of unit chief. The workers expressed their help for present CEOs, Lee Sung Soo and Tak Younger Jun.
As former head producer Lee Soo Man’s unlawful and tax evasion actions had been on the verge of being revealed, he offered his shares to a competitor and ran away. The members of SM Leisure have been used totally by Lee Soo Man for his unlawful actions together with personal pursuits and tax evasion. We can not let ourselves be used once more once more for HYBE’s unlawful actions and expediency as soon as extra, earlier than SM 3.0 is even launched.
As us 208 of SM Leisure’s common workers are indignant on the unlawful collusion between HYBE and Lee Soo Man, our announcement will likely be within the assertion will likely be as forth.
1. We will likely be defending K-Pop’s tradition selection and SM’s distinctive id. We can not let SM’s tradition be subordinate to HYBE’s capitalism.
2. We ship our avid help to co-CEOs Lee Sung Soo and Tak Younger Jun and the SM 3.0 multi-producing plans that they’ve. As well as, we request for even stronger safety such at followers and artists aren’t harmed.
3. We’re towards the hostile M&A of HYBE and their expedient makes an attempt to enter the [shareholders’ and directors’] board. They’ve been making an attempt to occupy SM by irregular means, which we will likely be resisting.
Lee Soo Man could have run away after abandoning SM and Pink Blood, however we are going to keep in Seoul Forest and defend SM and Pink Blood.
February 17, 2023
From the collective of SM Leisure’s common workers
— Workers collective
The assertion doesn’t characterize all the SM Leisure workers’s opinions and solely replicate the 208 signed underneath the collective.