SM has revealed that they have assigned their own lawyer to deal with the case of 3 Dong Bang Shin Ki members’ lawsuit against them.
SM Entertainment’s group Dong Bang Shin Ki’s 3 member Hero JaeJoong, Xiah JunSu and Micky YooChun has went down to Seoul’s Central District Court on 31st July to apply for retractile of the exclusive belonging rights effects from their contract with SM Entertainment…
SM Entertainment said, “About this case, we have assigned our own lawyer to deal with it.”
Also, the 3 members have came out earlier today to reveal their stand on the case, “The reason of our discord with the company is the unjust contract conditions. We do not want disband.”
Meanwhile, a representative of one idol group said, “I’ve seen 1~2 of such cases of crises in idol groups. I hope that Dong Bang Shin Ki and the company will settle this dispute wisely and peacefully.” But another music industry expert said, “It is hard to narrow down the difference in views of the 2 sides in this case.”
Fans are hoping that good outcomes will result from this. Dong Bang Shin Ki fans are violently protesting to their disband.
Note: sookyeong didn’t state where she got the article from, but I know that she’s credible. She translates from news sites.
Source: sookyeong @ Wordpress K Bites
88news.net
SM Entertainment’s Refutation, “They made 11b KRW after debut.”
SM Entertainment, with which Dong Bang Shin Ki member Hero JaeJoong, Micky YooChun and Xiah JunSu has have a dispute with, came out to reveal their official stand.
SM Entertainment said on 3rd August, “Dong Bang Shin Ki has earn 11billion KRW from after their debut till 2009 July (dividend payout 9.2 billion KRW + beforehand provision 1.77 billion KRW)…Also they also received many high-end foreign products in the process even though SM Entertainment was suffering from a business deficit in the 4 years after the group’s debut. And even though there is a distributive ratio, they would have raised it with proftis from their endorsement in CFs, doing events and also photoshoots.”
And about how the 3 members have said that they were given unjust treatment, SM Entertainment said, “About their health and schedule, we have discussed them before they were put through it.”
And about the cosmetic enterprise, SM said, “Looking at this case, this holds substantial reasons to it. It is evident since there is only 3 members involved in this case. They wanted to reduce the loss of image and harm to them as soon as possible with this plan as they will be used for the enterprise in terms of having their images used as part of marketing and also to participate in events for the enterprise.”
Also, “According to the Fair Trade commission, there is no provision saying that singers cannot be signed for beyond a period of 7 years, and there is no exceptional provision limiting the contract of singers promoting overseas. We did amendments to the exclusive rights clause for 5 times after the contract was contracted, 2 times were to address the compensation of loss, and after checking and confirmation by the Fair Trade Commission. The rest of the 3 times were to address the profits distribution ratio and for renewal – in 2004 January, then in 2007 February and 2009 February.”
SM “We will solve this case with the 3 members regarding the application for retractile in the contract and the lawsuit confrontation as soon as possible.”
Source: sookyeong @ Wordpress [K Bites]
88news.net
credit: http://www.88news.net/2009/08/03/sm-entertainment-assigns-lawyer-to-deal-with-dbsk-dispute-case/
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