Being one of the most successful record company in Korea, you’d think Lee Soo Man is somewhat satisfied with his empire…but he isn’t. It has been confirmed that SM Entertainment will be opening karaoke restaurants throughout South Korea. A restaurant will be opening some time this month in Rodeo Street in Apkujeong, Seoul.
This project will be controlled by SM Amusement and SM F&B Development, two subsidiary companies of SM Entertainment.
For a small guy, he sure has big ideas. First Suju China, and now the restaurants, seems like this guy is always thinking of ideas to make money. Like he needs it…everyone knows LSM takes 99.9% of his artists’ profits. With 6 subsidiary companies, I blame him for global warming.
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In economic perspective, a company can only stay on top by never stoppin to expand or else it will be setting its own doomes day.
I totally agree wit wut LSM is doing and im really impressed by what he is thinking. Damn i should go learn korean so i will have the chance to work for him.