Wednesday, February 24, 2010

SM is getting a new boss?


SJ's Sorry Sorry won #1 at GaOn chart award........... along with SNSD's Gee. Congrats to both groups! DBSK also won Japan's Golden Disc award today. Their DVD All About DBSK Season 3 won first..... not sure which category.
My only problem is that only 4 out of the 13 SJ members went to the award ceremony (Leeteuk, Eunhyuk, Donghae, and Shindong). So what are the rest doing? I'm sure I don't have to talk about Hangeng, Kangin, and Kibum again lol. Heechul and Siwon are still busy with their dramas. The other 4....... they don't get much attention anyways. But I love Yesung and Kyuhyun so much. Especially Kyuhyun, he is very FH :). Ryeowook and Sungin are very cute as well.

The big news today is about Lee Soo Man, CEO of SM. HE "RETIRED/RESIGNED." Some history: LSM created SM in 1995; he is the CEO and biggest stock holder (>25%); AVEX, the Japanese company that DBSK is working with, is the second biggest stock holder (<20%).>

So..... will the future of SM change? Stock holder's power cannot be over looked. Therefore, I'm sure LSM still has much power over SM's future. After all, he is the founder. He devoted his entire career/life to SM so it's fair. I personally think he is a very successful businessman. And despite of the negative characterizations of LSM in fanfics and etc, I believe he is a nice and intelligent person. I'm not sure why either, just a feeling. I think it's not LSM, it's the entire Kpop circle that is a bit...... screwed-up.

Here's the stock chart for SM. Reminds of the old days when I was in QF!!! Elliott wave theory anyone?

Who is the new CEO? no info on that yet. Does it really matter? I don't really think so. I'm sure LSM is still the one in charge.
Another surprise for me is.......... AVEX is out! I'm not sure how did the AVEX-SM relationship started, but ending the relationship now will change the fate of DBSK for sure. Honestly, I don't know what to think.
so just mentioning random sparks in my head.....
What does LSM's leave have to do with all the law suits? or did the law suits forced him to retire?



Of course, the fanfic interpretation............ especially relating to Jaegeng. LSM is known as a Jaegeng anti. Cuz Yunho can talk about how he broke up with his girlfriend because of Heechul, Junsu can talk about Hyukjae and their elementary/middle/high school experiences, even Kibum said that Chamgmin is his only friend who is about his age (Kibum likes to hangout with older people), but Jaejoong is not allowed to talk about Hangeng. Example: The Star Show. Yunho menioned Kangin and Heechul, Junsu talked about Hyukjae as expected, Changmin laughed at Kibum's height (Yoochun talked about Fly to the Sky, another SM group), but Jaejoong's part was cut out. He did not get to talk or his part was edited out. Hangeng and Jaejoong lived in the same room together for more than a year. They are definitely good friends (probably not best best friends). but their interactions are rarely caught on camera. Fanvids of rehearsals of SMT concerts and concerts and maybe background of SMT MV's are the only place you can see Jaegeng together. Even though I don't think Jaejoong and Hangeng decided to leave SM together, but I'm sure the fact that Jaejoong/Junsu/Yoochun's leave gave Hangeng more courage. and I'm sure Hangeng probably asked them for advice about legal issues and etc.
So does Jaejoong/Hangeng/LSM all leaving SM around the same time have any significance? I will leave that to the talented and created fanfic writers out there.



2 comments:

  1. one correction...... LSM has not officially resigned yet. he's working on transferring his responsibilities to the next CEO. so not officially gone yet.
    But the stock transfers are done.

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  2. wow this is really interesting.
    the industry is just going crazy.
    what about hangeng?!

    and one of my friends here got sorry sorry stuck in her head, she didn't know where from. so i am starting her with some kpop :P

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