Simon D talked about CJ E&M's recent acquisition of AOMG on the August 31 episode of 'Radio Star,' a topic that might be a bit sensitive.
MC Kim Gu Ra broached the topic first, commenting, "There are talks that you sold [AOMG to CJ E&M] for a 'dirt cheap' price.'" Simon D clarified, "It wasn't that much. Because we get a lot in return. We had our own good reasons [for agreeing to the acquisition]," implying that it was a fair tradeoff, at least in his books.
Kim Gu Ra was blunt as usual, remarking, "In the hip-hop scene, they all say you sold your company at a ridiculously low discount. I heard that from Dong Hyun, my high schooler son. My son, who knows nothing, told me, 'Those bros sold their company for dirt cheap.' I'm just kidding."
MC Kim Gu Ra broached the topic first, commenting, "There are talks that you sold [AOMG to CJ E&M] for a 'dirt cheap' price.'" Simon D clarified, "It wasn't that much. Because we get a lot in return. We had our own good reasons [for agreeing to the acquisition]," implying that it was a fair tradeoff, at least in his books.
Kim Gu Ra was blunt as usual, remarking, "In the hip-hop scene, they all say you sold your company at a ridiculously low discount. I heard that from Dong Hyun, my high schooler son. My son, who knows nothing, told me, 'Those bros sold their company for dirt cheap.' I'm just kidding."
SEE ALSO: CJ E&M acquires Jay Park's label AOMG
Simon D explained, "There are people who even say that we did 'Show Me the Money 5' after becoming a part of CJ E&M but that is definitely not the case. Even when we were signing the contract to acquire our portion of shares, we said we weren't going to appear on 'Show Me the Money 5.' But I suddenly changed my mind. You can have a change of heart, right? I wanted to benefit AOMG and show that I'm on TV to my mother."
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