Super Junior’s Leeteuk shares that SM artists receive stock options due to his efforts
Super Junior‘s Leeteuk revealed that it’s because of him that artists at SM Entertainment now have stock options.
On the September 12th broadcast of MBC‘s ‘Radio Star‘, the MCs asked Leeteuk, Siwon, Shindong, and Eunhyuk whether artists in the company have the option to get SM Entertainment stock.
Leeteuk replied, “Regarding stock, it shows a closeness between the agency and the artist, so we spoke about that a lot. Our group members got together to present our opinions on the matter.”
He stated that if they hold shares, they would feel more attached to the company, making it less desirable to sign with another label. Leeteuk personally went to Founder Lee Soo Man to tell him that if the company can provide stocks for them, they will work even harder.
The MCs asked the other members, “Did you guys know about this?” and Leeteuk responded, “They probably have no idea.” Eunhyuk then said, “All of us know. Leeteuk hyung gathers us together and continually tells us,” causing laughter in the studio.