SM Entertainment CEO Lee Sung Soo Pleads With Lee Soo Man To “Stop And Beg For Forgiveness” In New Video
As SM Entertainment founder Lee Soo Man and the company’s current management go head-to-head, new CEO Lee Sung Soo has been releasing videos that severely criticize Lee Soo Man’s management. Previously, on February 16, 2023, Lee Sung Soo released a video exposé that accused Lee Soo Man of mismanagement, embezzlement and tax evasion. In response, Lee Soo Man only referred to the matter as heartbreaking.
I’ve watched my late wife’s nephew grow up since he was 4. He’s been with me since he entered SM Entertainment at 19 years of age, working on managing fans. He’s a kind nephew who grew up in a family with his father a pastor. My heart hurts.
— Lee Soo Man
In turn, Lee Sung Soo addressed his late aunt’s husband Lee Soo Man, in a new video published February 17, 2023. He referred to Lee Soo Man using the honorific “Teacher,” which most SM Entertainment staff and artists use as a sign of respect.
Teacher. In 1997, you said this. “A dream dreamt alone only amounts to just one’s dream. But if everyone dreams together, it’s the start of a new future.” That’s right. This place, SM, is a company made by the dreams of everyone, the artists, all the staff, and us. It’s not your personal company. It is a company grown from the love of fans. It is a certifiable listed company that is protected and operated under Korean law, made with the 81.6% of the other shareholders that trusted and invested in us.
Teacher. Yesterday, through a press statement, you mentioned, “I’ve watched my late wife’s nephew grow up since he was 4. He’s been with me since he entered SM Entertainment at 19 years of age, working on managing fans. He’s a kind nephew who grew up in a family with his father a pastor. My heart hurts.”
I’m sorry I cannot keep the will of my late aunt, who asked of me to “take care of the company, Teacher, and his two sons.” I’m always so sorry to my aunt. So I will be correcting things from now, Teacher. Just as you said yesterday, because I am “kind,” growing up in a family that was happy, although not wealthy, with my pastor father whom I sincerely respect, I will have to stop your actions now, for a moment. Teacher. Please stop now. Please now, kneel in front of everyone and ask for their forgiveness, along with me. I hope you know that this is the only way that I, as your student, can save you from the Valley of Hell. Now, come out of that place, escape from the crowd of eunuchs, go through your KWANGYA, and go back to your family once more. And what you’ve always preached, “Be Humble, Be Kind, Be the Love,” I will pray together that you can put this into action for the rest of your life.
— Lee Sung Soo
For those not yet in the know, SM Entertainment founder sued his former company, disagreeing with the way the company’s shares were sold to Kakao. Later on, Lee Soo Man sold his personal shares to HYBE in a bid to stop the current SM Entertainment management.
Watch the full video below.
