Lee Soo-man moves to sue SM Entertainment for deal with Kakao
The founding father? Suing his own brainchild? Sheesh. On February 7, 2023, it had been reported that Kakao had acquired 9.05% of SM Entertainment for 217.2 billion won ($172.8 million). This acquisition then makes Kakao the second largest shareholder of the famed multinational K-Pop entertainment agency, second only to Lee Soo-man, the company’s founder, with […]