Karma meet SM Entertainment…
SM Entertainment say hello to Karma…
Be nice now kiddies.
Oh ho ho ho, how juicy juicy juicy.
Their lineup clear indication of their split?
Please.
I’m sure a lot of you have heard about the rumors about DBSK, Asia conquerors and record holders of the World, and SM Entertainment, Slave drivers and Jackasses of the Entertainment biz. Well, we weren’t going to cover it initially cos well, it was blah to begin with and filled with he-said, she-said, they-lied schizz, but now things are becoming so clear.
SM Entertainment is run by a bunch of childish greedy whiny kiddies.
Shall I summarize and simplify what’s going on?
Since I neglected the site for the last few days for my own personal holiday (hey the beach frolicking pics made me jealous), that and now I’m free, I’m going to for funsies.
DBSK have always been the biggest money-makers for SM ever since Shinhwa left SM Entertainment. The DBSK boys have only been growing in popularity and eventually made records on a world scale with their humongous fanbase. They’re fun, happy, jolly and hella talented, so of course they would be loved. Not to mention, they’re also seriously hot.
SM have in the past had a great formula for success, it all started with Mr. Lee SooMan hunting down schoolgirls to ask them what kind of boyband they would like to see.. Yeah, it sounds wrong, but he insists it’s OK…I mean look at his marketing plan for SNSD! All for the good of his business! With the results of the surveys he created H.O.T and made them the great success they were. A few years later they broke up. That was followed by their negligence of Shinhwa and once successful, their suffocation of them which eventually made them leave and buy rights to their name after a lengthy and brutal legal battle.
So, after the bad past SM have had with H.O.T and Shinhwa, one would be smart enough to assume that SM would, like the smart adult businessmen they are, learn from their mistakes and make sure DBSK don’t end up the same way. But that’s not the case, they’re still the proud, stubborn, greedy business that refuses to let the artist get what they’re owed.
It seems that even DBSK have no idea how much they earn. Um… say what? Aren’t they meant to know, in accordance to any developed countries legal system? It should be clear on contract how much they get, ratio-wise and they should know their accounts.
Slave contracts as well were meant to be abolished a very long time ago! Artists should receive a fair amount of money from their work. After all, they do have a lot on their shoulders, and DBSK should have also paid off all the debts they incurred with SMEs training program.
Now, the hubbub comes from a lot of conflicting news, what with SMs sudden announcements about Yunho and Changmins acting arrangements.
If anything, it seems like provocation from SMs side, alienating those involved with the lawsuit. Thus, the rumors about the “disbandment”.
So yes, SM has been quite malicious, although obviously in the wrong.
SM has a lot of pull in the industry, many a time using their connections to force companies to allowing their artists to have exclusive appearances, MC gigs and shows. A lot of the time even getting banned from certain channels, last year MBC, this year KBS in the first few weeks of the year and now Mnet.
How did this hubbub start? Because of Hero JaeJoong, Micky YooChun and Xiah JunSu investing in a Chinese Cosmetics company with their own money. It’s not at all clear why SM have such an issue with their involvement in a separate company, since they have all had money invested in businesses in the past.
The only thing some people think is the issue that SM has with the Chinese company, which has now been claimed by the boys lawyer to be “blown out of proportion”, is that they may bank on the name DBSK without SM getting a slice of the action.
What with their already large cut of the pie, rumored to be from 75%-90% to the management company and then the remainder split to 5 people, it’s no wonder the boys are probably enraged.
It’s evident now that after 5 years and more of working their fine booties off for SM, and then getting their name slandered, through making their investment out to be some sort of betrayal, not only to SM but Changmin and Yunho, that they filed for a lawsuit yesterday (July 31st). The lawsuit asks for all their accounts to be sent in for review by the courts.
Which of course means that their contract will also have to be assessed.
Smart move boys. Yet what this does, is further alienate the other two, making them stuck in the middle. What was an issue about 3 of the boys with a cosmetics company has turned it in to a war between them and SM, with Yunho and Changmin as casualties lying in no-mans-land. After all, the other two were obviously played as pawns, what with the SM Entertainment backed drama for Changmin, and the 2 for 1 offer with Yunho and Go ARa.
It’s a smart thing to keep yourself waiting for a few days as opposed as every hour of the day plastered to the comp for updates on the matter. It won’t be resolved very quickly, if anything this is the best thing to happen to DBSK for a while, they will finally get what they deserve, hopefully. Same with Karma and SM Entertainment, this is throwing all their dirty laundry out for all to see, and it really is stinky.
Perhaps this will make things better for the rest of the acts under SME. The clearest thing seems to be now is the real name of SM Entertainment. The abbreviations aren’t really “Star Museum” as was previously claimed, it’s Slave Management.
All in all, what’s going to happen isn’t clear, what with SMTown Live coming soon…
Although a lot of people will be left disappointed, DBSKs appearance may fall through and perhaps even, the entire show may be cancelled since a lawsuit is officially under way.
Everything else in accordance to this issue is rumor and not fact, don’t worry too much Cassiopeias.
Thanks for the article!