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SM Entertainment stocks fall
» Monday, Aug 03, 2009
08-03-2009, 08:07 PM
Post: #1
Lance Offline
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SM Entertainment stocks fall
Following the lawsuit filed against them by their own group, DBSK, stocks of SM Entertainment fell drastically by 10%. The lawsuit was filed to terminate DBSK's contract with their management agency.

Korean analyst Kim Chang-kwon said that its natural for SM Entertainment stocks to fall after this lawsuit. DBSK was a huge source of revenue for the entertainment company. True, it is arguably SM Entertainment's most popular group.

SM Entertainment gave no comment on the matter.

Source: Forbes

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08-03-2009, 08:18 PM
Post: #2
lu-xin Offline
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RE: SM Entertainment stocks fall
I was really shocked to hear this... I never really thought of the economic impact of the lawsuit O.O wow lol... SM really are sitting in hot water now!
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08-03-2009, 08:44 PM
Post: #3
roxx Offline
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RE: SM Entertainment stocks fall
Wow that really sucks for SM Entertainment. I hope the best for them
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08-07-2009, 05:13 AM
Post: #4
OCKR Offline
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RE: SM Entertainment stocks fall
wowzer. sm entertainment was being unfair too tho.
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