How Korean netizens are reacting to the end of Lee Soo Man's production contract with SM Entertainment
explained the direction SM Entertainment would go toward in phase 3.0 of the company. In summary, this phase looks to expand SM Entertainment's IP creation and production to the global market alongside the advancement of the company's music publishing business, multi-label system, fandom economy business, metaverse business, and more.'s production contract with SM Entertainment came to an end in September 2022.
After the announcement that Lee Soo Man will no longer be the executive producer for SM Entertainment, Korean netizens gathered to
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