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In an article predicting current future decisions SM Entertainment In light of major internal changes for company, artist, media outlet Sports North Korea claims producer Liu Yingzhenor “Father of SM Music”, has left the agency Li Xiumanleave.
Ahead of the company’s general meeting of shareholders scheduled for March 31, cocoa Will seek to acquire SM Entertainment’s management rights through a tender offer extended until the end of the month. Meanwhile, SM Entertainment’s current management has pushed to realize its “SM 3.0‘ model as its top priority, emphasizing multi-label structures with greater yields by 2025.
Those who will benefit the most from the new “SM 3.0” model are the company’s new generation of artists, such as NCT and Esperas well as rookie teams and trainees looking to debut and establish themselves in the industry.
However, the new “SM 3.0” model does not necessarily guarantee safety for the previous generation of SM artists who laid the foundation with the production direction of Lee Soo Man and Yoo Young Jin.
In fact, according to Sports Chosun, producer Yoo Young Jin has “Decided to follow Lee Soo Man and leave SM.” The media further predicted that Lee Soo Man’s closest artists include Kim Min Young and hotof KontaLikely to follow Yoo Young Jin’s decision.
The outlet further claimed that another first-generation SM artiste, python, considering the vacancies of Lee Soo Man and Yoo Young Jin, she may also be considering leaving SM Entertainment.As for TVXQThe duo’s decisions were considered “unpredictable” due to the team’s strong trust in Lee Soo Man and SM executives.
On the other hand, it is predicted super teen It is likely that we will continue to cooperate with the company’s SM, label SJ. also mentions co-CEO yes jun He worked as Super Junior’s manager for many years before assuming his current position, which shows that Super Junior has a close relationship with the current management of SME.
Sports Chosun then went on to predict Girls’ Generation A separate decision may be made as to whether to remain with SM Entertainment or pursue new opportunities elsewhere.Currently, members taeyeon, sunny, lily, Hyoyeonand Yoona In the next 2 to 3 years, there will be a renewal season.
At the same time, such as SHINee, EXOand red velvetAll SM Entertainment companies expected to come back en masse in the first half of 2023 are unlikely to part ways with SM Entertainment before immediately resuming active promotion, the outlet said.
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