Prosecutors Seek 15-Year Term for Kakao Founder
Prosecutors sought a 15-year prison term for Kakao founder Kim Beom-su on September 23, 2026, over alleged SM share buys meant to stay above HYBE's tender-offer price.
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About SM Entertainment
SM Entertainment Co., Ltd. is a South Korean multinational entertainment agency established in 1995 by Lee Soo-man. It is one of South Korea's largest entertainment companies and has been responsible for fostering and popularizing the careers of many K-pop stars garnering huge global fanbases. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. SM Entertainment is known for having led the worldwide K-pop phenomenon and the musical side of "Hallyu", also known as the "Korean Wave", with early overseas successes such as H.O.T., S.E.S., and BoA.
Everything about SM Entertainment →- Country
- South Korea
- Headquarters
- Apgujeong-dong, Seoul
- Inception
- February 14, 1995
- Website
- https://www.smentertainment.com/