SM Entertainment’s President Lee Sooman has reported a 20 billion won gain in value of his shares. 20 billion won estimates to about 18million USD. Moneytoday estimates that his personal stock value will break 100 billion (90 million USD) again.

As reported in the article, a share in SM has a value of 21,750 KRW. Lee Sooman holds 4,041,465 shares amounting to 24.32% of total stocks. The estimated value of his shares are 86 billion KRW (77.4 million USD). In comparison to last year where SM shares were 16.900 KRW each and Lee Sooman’s total stock was worth 68.3 billion KRW (61.5 million USD)

On November 1st 2010, Lee became the first Korean celebrity to break the 100bn KRW with a valuation of 108bn KRW. Since then, the share price dropped gradually and he has sold 500,000 shares for a profit of 8bn KRW (7.2m USD). However, with the national activities of DBSK and the ever-increasing popularity of SNSD in Japan, SM’s value is increasing. With this, Lee has gained 20bn KRW and is set to break the 100bn KRW barrier once more.

Source: oniontaker @soshified.com , Nate Entertainment & Digital News Team, NewsEn Reporters

E-tribe has written hits like Lee Hyori’s ‘U-Go-Girl’ and SNSD’s ‘Gee’ and are now the producers of a new girl group called ‘Dal Shabet’, in their opinion however, SNSD still remain as the best idol group.

E-tribe recently told reporters, “Currently, there is yet a solo singer better than Rain and Lee Hyori. In the case of idol group, after TVXQ, SNSD seem to be the only group who can adapt and present themselves perfectly to various different styles”.

E-Tribe commented, “SNSD’s ‘Gee’ was a mega hit song and they continue to succeed with ‘Tell Me Your Wish’, which was totally different from ‘Gee’ in terms of style. Similarly, this happened to ‘Oh!’ and the recently released ‘Hoot’ as well. In order to come up new appearances, ideas and endless possibilities are being explored to develop new styles”.

They added, “In our opinion, after TVXQ, SNSD is the only idol group with variety of styles who could adapt well and perfectly express the feelings of their songs. ‘Thousand Faces’ are the best words to describe them”.

 

Artist can achieve greatness by combining dance, song and performance in their repertoire, but E-tribe also believes that artists also need a unique concept at the right place and time.

Works produced and composed by E-Tribe include the following:

• “Gee” for Girls’ Generation
• “Yodel” by KARA
• “U-Go-Girl” for Lee Hyo-ri
• “Naeng Myun” for Jessica (Girls’ Generation) & Park Myeong-su
• “It’s You” for Super Junior
• “I Know” by Se7en
• “Yayaya” by T-ara
• “Outlaw in the Wild” for Hyuna of 4minute & Nassun
• “O-IWI-O” for Nassun & MBLAQ’s G.O. O-IWI-O is a response to Gee
• “Cry” for MBLAQ

The people that wrote “Gee” can’t be wrong 😛

Source: tvreport.co.kr , http://fanwonder.com/?p=5930 , wikipedia