News Lee Soo Man is reportedly considering investing 1 billion won in LOONA and Blockberry Creative (1 Viewer)

Darkseid

Naevis Calling
.
.
.
Joined
11 November 2018
Messages
22,959
Reactions Received
108,834
Location
Kwangya
Cards
View Profile
KS Coins
0
Gender
Male
Ship

VillageIdiot

It's Time To Break Free Of The Blues
.
.
Joined
8 November 2018
Messages
19,193
Reactions Received
60,789
Location
Tokki Topia
Cards
View Profile
KS Coins
19,207
Fandom
Toxic
Gender
Female
Pronouns
She/Her/Drama Kween
Ship

yeji

❧@bulletproof is the noora to my eva
.
.
.
Joined
9 October 2018
Messages
50,688
Reactions Received
142,435
Location
loonaverse into the cosmic world & flover garden ღ
Cards
View Profile
KS Coins
134
Fandom
arianator
Gender
Female
Pronouns
she/her
Ship
Wreck
I am just so excited. the fact alone that LSM is intrested in Loona and sees something in them is huge. This guy literaly revolutioized KPOP and made it the way it is now so this really is something big.
 
Joined
26 August 2018
Messages
0
Reactions Received
31,963
Cards
View Profile
KS Coins
0
Heres the full article: [단독] 이수만 SM 회장, 이달의 소녀에 자본투자 고려

Rough translation (made by me, so there are definitely mistakes lol):

Chairman Lee Soo-man will invest in Blockberry Creative, home company of LOONA. Chairman Lee Soo-man is said to have invested 1 billion won through personal investment, not connected with SM Entertainment. The SM official said, "News of Papa SM's investment is in fact not real." An official said, "I know that investment is underway at the will of Chairman, who has seen the potential of LOONA."
 
Joined
19 February 2019
Messages
142
Reactions Received
587
Cards
View Profile
KS Coins
0
Gender
Female
A 1 Billion that he'll never earn back, hope he knows



I mean hasn't the man learnt from what happened to BBC? They ankle deep in debt cus they blew up $100M on Loona

Meanwhile SM is doing the bare minimum on the groop they can actually earn money from - Red Velvet.

He earnt the least profit among the big three last year, looks like he's lookin for a rerun this year. Fab.

Here's certified ways to minimize your company profit, for anybody who's interested.

1. Start a boy groop with endless number of members & divide em into infinite number of sub units. On top of confusing the stans which will lead to poor outcomes during comebacks, the sheer cost of managing dat many artists will easily push the company towards bankruptcy.

2. Collect haphazard members from each of your has-been groops & form a groop. Blow up millions of dollars on a fancy mv carrying a terrible song, on getting them on American talk shows, 'sold out' tours that barely break even cus most sections of the arenas are closed & bundles to land on BB hot 100. Within months you are guaranteed to find yourself knee deep in debt.

3. Buy a girl groop that barely sell 25k albums, despite having the most expensive debut of all time. Also be sure to not restock the album of your successful girl groop in demand with a viral hit song. A sure-fire way to find yourself on the verge of loosing your company within a year
 
Joined
26 August 2018
Messages
0
Reactions Received
31,963
Cards
View Profile
KS Coins
0
A 1 Billion that he'll never earn back, hope he knows



I mean hasn't the man learnt from what happened to BBC? They ankle deep in debt cus they blew up $100M on Loona

Meanwhile SM is doing the bare minimum on the groop they can actually earn money from - Red Velvet.

He earnt the least profit among the big three last year, looks like he's lookin for a rerun this year. Fab.

Here's certified ways to minimize your company profit, for anybody who's interested.

1. Start a boy groop with endless number of members & divide em into infinite number of sub units. On top of confusing the stans which will lead to poor outcomes during comebacks, the sheer cost of managing dat many artists will easily push the company towards bankruptcy.

2. Collect haphazard members from each of your has-been groops & form a groop. Blow up millions of dollars on a fancy mv carrying a terrible song, on getting them on American talk shows, 'sold out' tours that barely break even cus most sections of the arenas are closed & bundles to land on BB hot 100. Within months you are guaranteed to find yourself knee deep in debt.

3. Buy a girl groop that barely sell 25k albums, despite having the most expensive debut of all time. Also be sure to not restock the album of your successful girl groop in demand with a viral hit song. A sure-fire way to find yourself on the verge of loosing your company within a year
Abs has a point, you know.
 

Darkseid

Naevis Calling
.
.
.
Joined
11 November 2018
Messages
22,959
Reactions Received
108,834
Location
Kwangya
Cards
View Profile
KS Coins
0
Gender
Male
Ship
Hi Abs, are you banned on the other forum :haylul:

From what I'm seeing, his investment in Loona will be from his personal balance, not SM so don't worry.



I mean RV just had 3 comebacks in 2019 tho, and probably will do more stuff once Wendy's fully recovered.
 
Joined
19 February 2019
Messages
142
Reactions Received
587
Cards
View Profile
KS Coins
0
Gender
Female
Hi Abs, are you banned on the other forum :haylul:

From what I'm seeing, his investment in Loona will be from his personal balance, not SM so don't worry.



I mean RV just had 3 comebacks in 2019 tho, and probably will do more stuff once Wendy's fully recovered.
I'm banned there. Plus I cannot post anything on there without getting banned. I prefer this & OH now
 
Joined
19 February 2019
Messages
142
Reactions Received
587
Cards
View Profile
KS Coins
0
Gender
Female
Hi Abs, are you banned on the other forum :haylul:

From what I'm seeing, his investment in Loona will be from his personal balance, not SM so don't worry.



I mean RV just had 3 comebacks in 2019 tho, and probably will do more stuff once Wendy's fully recovered.
Btw were u on akp too?
 

Darkseid

Naevis Calling
.
.
.
Joined
11 November 2018
Messages
22,959
Reactions Received
108,834
Location
Kwangya
Cards
View Profile
KS Coins
0
Gender
Male
Ship

Sourcekeeper

Tech Support
.
.
.
Joined
25 August 2018
Messages
6,828
Reactions Received
28,463
Location
YG Entertainment
Website
kpopsource.com
Cards
View Profile
KS Coins
26,616
Fandom
MONSTIEZ
Gender
Female
Pronouns
She / Her / Hers
Oppa should invest in red velvet more but im glad for loona.
 
Joined
26 November 2018
Messages
4,551
Reactions Received
12,217
Location
Irene's hands
Cards
View Profile
KS Coins
0
Gender
Female
Omg plz be true Sooman oppa :sj_weary:
Save LOONA from BBC incompetence plz, give them the success they deserve :sanapray:
Amen!
I may not agree with SME when it comes to certain aspects of their marketing strategies and how they overwork their acts but they do invest money and are pretty much consistent with their work schedule. So, if this ends up being truth, I hope it can take Loona where BBC hasn't been able to.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Viewing thread