Lee Soo Man has issued a personal letter to the fans and media ahead of the shareholders meeting to be held later today that will determine the next step for one of the biggest kpop agencies, SM Entertainment.
Here is a translation of his letter!
To the respected journalists,
The interest and passion of Korean journalists have been a great help in spreading K-pop worldwide. First of all, I would like to express my gratitude.
SM Entertainment, which I founded with my name, will close a chapter today.
There may be no farewell, but I think the lyrics of my old song, “Happiness,” as a singer, could represent all of this process.
Love and hate,
Turning a blind eye as if you haven’t seen it,
Considering the past as poverty,
Drawing happiness and spending today.
I always dream. The desert was my new dream. I know that there are people who distort and criticize this dream in an evil way. However, as always, I am moving towards the future. Now K-pop should evolve into global music that goes beyond K-pop and shares with the world.
The world of music that the world shares must be a combination of technology and music, and its goal must be a contribution to a sustainable world. One reason I could make the decision to sell shares to HYBE’s Bang Si-hyuk was that we shared the same intention to combine sustainable world and music.
With the support of many people, including journalists, I think I can work harder.
I heard that some other journalists are interested because of a baseless exclusive report by a certain media reporter that I will attend today’s shareholders’ meeting. That’s not true.
I am currently overseas. I am in the middle of global music.
Looking forward to the day when journalists, global artists, and I can meet and hold a joyful festival for the world, I want to express my gratitude to journalists once again.
Thank you.
The General shareholders meeting will be held later today. Kakao has acquired a lot of shares of SM and became its biggest shareholder taking control of the company.
Source: (A)
