- Sputnik International, 1920, 24.01.2023
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SM Entertainment Founder Lee Soo-man Gifts Luxury Apartment in Gangnam to Foreign Journalist

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SM Entertainment logo - Sputnik International, 1920, 22.07.2021
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The 69-year-old head producer of one of the biggest entertainment agencies in South Korea has reportedly “gifted” a luxury apartment to a foreign journalist. SM has declined to comment on the matter.
According to the Real Estate Registry on 21 July, Lee Soo-man donated an apartment in Cheongdam-dong, Gangnam-gu, Seoul in March to a “Korean reporter from the Seoul branch of a North American broadcast company covering news in the United States, Singapore, Hong Kong, and South Korea”.
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The unnamed correspondent was recently also at an entertainment industry forum sponsored by SM.
Lee Soo-man founded SM Entertainment in 1995 and, starting with the group HOT, pioneered the world of K-pop. He produced a number of famous groups, such as SES, Shinhwa, BoA, TVXQ, Girls' Generation, SHINee, EXO, Red Velvet, NCT, and aespa, which shaped current K-pop trends and music. He currently owns an 18.73% stake in SM Entertainment.
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