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[Updated] SM acquires Key East Entertainment

[Updated] SM acquires Key East Entertainment

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[Updated] SM acquires Key East Entertainment

Article: SM reps, “We will be acquiring KeyEast, Bae Yong Joon will be a major SM stockholder”

Source: Newsen via Nate

1. [+390, -14] So SM has earned Kim Soo Hyun

2. [+369, -20] Wow, amazing of SM… they’re a wall

3. [+307, -18] SM’s amazing…

4. [+28, -0] Bae Yong Joon made a ton off of his shares. Sold KeyEast and used it to buy SM shares which are going to skyrocket now… as they say, money makes money

5. [+25, -6] Soo Hyun-ah, time to transfer agencies to somewhere like Artist Company…

6. [+22, -1] SM is like the Samsung of the entertainment industry… there’s usually nothing good that comes out of monopoly

7. [+20, -2] Lee Soo Man is really trying to stay at the top… How will Park Jin Young and Yang Hyun Suk ever catch up…

8. [+20, -0] I can hear his money vacuum sucking up all the money already

9. [+16, -1] Bae Yong Joon is a business genius. Built up KeyEast, sold it off for a huge profit, bought SM stocks for basically nothing, and now his stocks are going to skyrocket with news of this merge. Genius, genius…

10. [+14, -0] SM also earned Kim Hyun Joong though ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

11. [+13, -2] Maybe SM will finally stop sticking all their bad acting idols in dramas now

12. [+12, -3] SM monopolization… the media play is going to get worse

Source: Naver

1. [+2,380, -98] Please take care of the singers you have now, stop giving them sh*tty support

2. [+2,291, -64] No wonder Woo Do Hwan and Joy are doing a drama together on MBC ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

3. [+2,043, -44] SM’s really going to become their own republic at this rate..

4. [+1,988, -145] We already have so many dramas and varieties that SM is sticking their nose in, it’s going to be worse now… frustrating…

5. [+392, -21] This is too big of a monopoly, isn’t it?

6. [+301, -12] They’re going to become the Johnny’s of Korea… monopolizing the broadcast industry..

7. [+297, -18] Sigh, more idols in dramas and movies… SM is completely ruining this industry

Source: Nate

1. [+178, -10] This makes me worried… when one company dominates an industry like that, the other companies are at their whim… makes me wonder if there’s any hope for the industry improving at this rate. SM is going to be abusing their power a ton, and as for the quality of their content, well…

2. [+170, -19] Woo Do Hwan and Joy are in a new drama under SM. Moon Ga Young’s in it too… ugh, dramas like this just need to fail

3. [+127, -3] Lee Soo Man owns it all. I doubt Hyun Suk is going to be getting any sleep now.

4. [+26, -3] SM is crazy…

5. [+23, -0] SM can set up their own broadcast channel at this point

6. [+18, -0] The reason Japanese broadcast channels started dropping in quality was because one company basically dominated everything and abused their power while demanding that their lesser talented stars be put on shows… Korea’s going to go that route too.. ㅠㅠ

Article: SM collects ‘Yoo Jae Suk, Kang Ho Dong, Bae Yong Joon’… becomes a giant

Source: Ilgan Sports via Naver

1. [+3,257, -58] Even in the entertainment industry, it’s one company monopolizing it all

2. [+2,263, -67] Ugh just take it all

3. [+1,584, -53] They’re a monster

4. [+1,437, -278] All the companies that start with S are a problem

5. [+482, -23] Now SM’s going to be worse with sticking their idols everywhere

6. [+405, -52] Idols from smaller agencies are never going to get anywhere now… SM is going to put a ton of obstacles against BTS and other small tier idol groups

6. [+323, -13] As if this is anything new, CJ has already been eating up the industry as it is ㅋㅋ

Source: Netizen Buzz
[Updated] SM acquires Key East Entertainment