The story of the management dispute between HYBE and SM's co-CEOs these days is still very tense and has not come to a final conclusion. Meanwhile, former CEO Lee Soo Man of SM Ent has completed the transfer of all his shares in SM to HYBE.

Along with that, he also recently wrote a letter to SM Entertainment employees, fans and singers as his final message as an SM founder. In particular, in the letter, he also mentioned BTS as one of the reasons why he chose HYBE as the place to entrust his once empire.

It's surprising that Lee Soo Man mentioned BTS in this letter, but it is impossible not to admit that BTS's success deserves recognition and admiration:

On March 3, the court upheld Lee Soo Man's application for a temporary restraining order by former SM Entertainment (SM) executive Lee Soo-man against SM's current management. This means that the co-CEO of SM Ent will not be able to quickly sell shares to Kakao to dispute the right to run SM.

On the same day, Lee Soo Man sent a letter to SM employees, fans, and singers expressing his thoughts and reasons why he chose to hand over SM to HYBE. While many people think that HYBE is Lee Soo Man's last choice in the battle of interests, in reality, he also thinks about the benefits that SM can get when developing under HYBE's management.

He started to mention that: "Entertainment is a world of creativity. Rather than pαss on SM to my child or family members, I felt that I should give it to someone who is the ‘Best’ in the industry and to someone who will be able to make it grow.. If there is a problem with SM’s governance structure, then it should be improved, and if a professional executive is needed, I feel SM should be left in their care.”

Next, he mentioned: "For me, ‘Best’ refers to producing. Producing involves enduring countless failures in a world of pαssion and creativity until a star is born. Behind the stage of a star who is able to run to the arms of fans and their chants, tears, and emotions, is a world of producers who discover these stars. Without the public, there is no star. Without a star, there is no producer. Without a producer, then the music business cannot succeed. This is the same in reverse.”

Meanwhile, the former CEO of SM emphasized, "The past two years were a time for SM to find the ‘Best.’ On the one hand, I chastised SM’s current executives that they must hurriedly prepare for an era without Lee soo Man. This is because I was ready to walk off SM’s stage. HYBE, Kakao, funds, conglomerates, and global companies overseas all wanted SM and came to me".

Former general manager Lee Soo Man concluded, "For me, the best choice was HYBE. Although it is a competitor of SM, BTS’s success is a source of pride for the whole nation. HYBE’s chairman is a music producer like me who had also experienced a time when he struggled.

He is someone who has experienced eating junk food with trainees while spending hours in the practice room. He is someone who has experienced what it is like searching far and wide for investors. He is also someone like me, who was crazy about music, and he is someone who has broken records with BTS.

I felt that he cared for the artists in the same way that I do. For those who have wondered, that is the reason why I chose him".

It cannot be denied that Lee Soo Man and SM also created the beginning artists of Kpop and BTS music, HYBE has taken over those early foundations to develop it as brilliant as it is today. But it's clear that BTS's international success makes Lee Soo Man proud as a кσяєαn and admire him as a producer of K-pop groups.