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Lee Soo-man (Korean: 이수만; Hanja: 李秀滿, born 18 June 1952) is a South Korean business executive and record producer who is best known for being the founder of SM Entertainment, a multinational South Korean entertainment company based in Seoul. [1]
- Pre-1985
- 1.0
- 2.0
- 3.0
- Lee Soo Man Decides to Sell His Stake in SM Entertainment
- SM Entertainment Considers Early Contract Termination with Lee Soo Man
- SM Entertainment Executive Criticizes The Plan of A “Post-Lee Soo Man” Era
- Kakao Becomes The Second Largest SM Entertainment Shareholder
- Lee Soo Man Threatens to Sue SM Entertainment
Before Lee Soo Man founded SM Entertainment, he pursued his own musical career. He made his debut as a singer in the folk duo band April & Maybut left only three months later due to health problems. Lee Soo Man then made his solo debut in 1977 with the self-titled album Lee Soo Man. He also formed the band Lee Soo Man and The 365 Days in 1980 befor...
SM 1.0 is considered to be the period between the founding of SM Entertainment in 1995 to 2010. During this time, SM Entertainment supported the successful debut ofH.O.T. in 1996 and the debut of S.E.S. in 1997, both considered two of the first K-Pop groups. SM Entertainment later debuted other popular, talented, and influential artists like BoA, T...
The second “wave” of SM Entertainment, SM 2.0, is between 2010 and 2020. During this time, Lee Soo Man resigned from his position as a member of SM Entertainment’s board of directors. However, he maintained his involvement in the company’s direction as an executive producer through their “management and artist development” divisions. This period of...
SM 3.0 is what the current SM Entertainment CEOs, Lee Sung Su and Tak Young Jun, are dubbing 2023 onward. In a recently broadcast video updating fans on SM Entertainment’s future plans, Lee Sung Su and Tak Young Jun shared that SM Entertainment hopes to “expand the Korean, Asian, and global fandom and respond to changes in the market.” Since Lee So...
Lee Soo Man made headlineswhen it was reported in 2021 that he would sell his ownership of SM Entertainment. At this point, Lee Soo Man had been serving as an executive producer for over a decade. However, Lee Soo Man still was the largest shareholder of SM Entertainment, owning about 18.73% of the company—or 4,392,368 shares—as of December 2020. T...
In September 2022, SM Entertainment released a statement on the possible early termination of its production service contract with Lee Soo Man’s company, Like Planning. According to the statement, Lee Soo Man was the one who proposed ending the contract. Like Planning is the company in charge of music consulting and producing for all of SM artists’...
On February 6, 2023, the news outlet Newsis reported that the long-time SM Entertainment artist and company executive Kim Min Jong criticized the company’s plansfor SM 3.0 in an email. Reportedly, Kim Min Jong claimed that SM Entertainment’s executives and artists were shocked at the CEOs’ recently announced plans. Claiming that the plans seemed to...
Also on February 6, 2023, Kakao became the second-largest shareholderof SM Entertainment, having secured a 9.05% stake in the company. Together, Kakao and SM Entertainment “hope to enhance the global status of K-Culture in the rapidly changing music and content environment.” They plan to accomplish this by using global partners of both companies an...
Following the announcement of Kakao’s newly obtained stake in SM Entertainment, Lee Soo Man’s legal firm Hwawoo alleged that SM Entertainment had used illegal methods to make the shares available for Kakao to purchase. Lee Soo Man’s lawyers are threatening to file an injunctionto block the sale. Netizens voiced their shockthat Lee Soo Man was suing...
Dec 5, 2022 · It’s been more than 3 decades since Soo-man Lee founded SM Entertainment, one of South Korea’s music agencies known for bringing K-pop to the world. The entertainment company, originally...
Lee Soo Man (이수만) is a South Korean executive, producer, and former singer-songwriter. He is the founder and former CEO of SM Entertainment. Prior to the founding of SM in 1989, he began his career...
- June 17, 1952
Apr 1, 2011 · Lee spoke about South Korea’s largest entertainment agency and its efforts to take the company’s music acts global during a packed speech on April 19 at Stanford GSB. Lee peppered his talk with numerous concert videos of the “boy bands” and “girl groups” that epitomize SM Entertainment.
May 24, 2022 · Lee Soo-man, founder and Chief Producer of K-Pop giant SM Entertainment, delivered a speech at Stanford University on Friday (May 20) at a conference celebrating the 20th anniversary of Stanford University’s Korea Program.
Jul 31, 2013 · The man behind S.M. Entertainment is 61-year-old Lee Soo-Man. He was a moderately successful folk and rock singer, and later a deejay, but his real talent proved to be business.
