Showing posts with label contract. Show all posts
Showing posts with label contract. Show all posts

Monday, February 21, 2011

Sunday, February 6, 2011

[TRANS] 110206 Penalty of Breach of Contract for Tohoshinki is Over 10 Billion Yen

The pioneer group of the K-pop boom in Japan Tohoshinki who went through a breakup turmoil recently appeared at a music event at Tokyo’s Yoyogi Stadium after one year and one month of silence. The group resumed their activities with two members Yunho (24) and Changmin (22) and received the unchanging warm welcome from their Japanese fans. Their new song “Why?” also acquired the top spot on Oricon Daily Chart on the day of its release.

However, in October 2009, in the midst of their breakup turmoil, Seoul District Court disclosed a “temporary measure” decision whose content was shocking.

“All rights and privileges that the group get from TV programme and stage performance as well as public activities in and outside of Korea belong to the production company.”

“All copyrights including the copyrights for lyrics, music, arrangement; reproducing right, duplicating right, recording right, distributing right, broadcasting right, performing right, karaoke distributing right, and the right to produce secondary products are all transferred to the company.”

An official who knows a lot about Japan & Korea’s entertainment industry explained:

“In Japan, artists are paid a part of their singing right, and copyrights of lyrics, music and arrangement. At that time, among the 5 members, each other them were paid 0.4-1% of their profits. Moreover, if they were not able to sell more than 50,000 copies, then there would be no guarantee for their pay.”

There was also a penalty. If there was a violation in the contract, then they will be required to pay a total amount of 3 times of the investment to be made on them plus 2 times the profits during the rest 6 years of the remaining contract as compensation. “The penalty for breach of contract is more than 10 billion yen ($121 million),” said the official.

During the breakup turmoil, Jaejoong (24), Yoochun (24) and Junsu (24) performed their activities in Korea and other countries under the name “JYJ” while still being in a conflict with their former agency.

Recently, Junsu made a comment about his former agency on Twitter, “I thought that the 5 of us thought of him/them as our enemy… but you don’t seem to see him/them as your enemy,” expressing his feelings of distance with the other 2 members.

The support of the fans are also complicated. There are fans who say, “I want to see the 5 of them once again,” and there are also fans who severely criticizing the 3 members calling them “ungrateful”. The style of Korean entertainment industry is to invest largely in their idols, bind them with long-term contracts, and carefully train the newbies. It is probably hard for Japanese to understand this style, but with that force, the Korean wave is currently sweeping over Asia.

T/N: The source is a source affiliated with Sanspo, one of the biggest newspapers in Japan.


source: Zakzak
translation: linhkawaii @ OneTVXQ.com
credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
Feel free to repost, but please leave the full credits intact. Thanks!

Thursday, November 25, 2010

[NEWS] Avex talks about TVXQ’s revival and new K-pop contracts

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Avex made some announcements on Wednesday regarding its contracts with several Korean artists, particularly TVXQ. That group, which has been on hiatus since April of this year, will be resuming activities with only two of its five members – Yunho and Changmin.

Contract issues led to a fallout between TVXQ’s members and their Korean management agency, SM Entertainment. Since April, the other three members of TVXQ – Junsu, Jejung, and Yuchun – have been signed with a different agency, and they have been performing under the name JYJ for several months. However, SM Entertainment stated that Yunho and Changmin “have not given up on the dream of TVXQ.” As a result, they will revive the TVXQ name in 2011.

Details of their activities are still unknown, but they are expected to restart in January. According to Sankei Sports, one source has said that a new song is already in production for a planned CD release in Japan.

Besides TVXQ, Avex has had contracts with two other SM Entertainment artists, BoA and J-Min, for several years. On Wednesday, they re-announced that they have completed exclusive contracts with two more artists, SUPER JUNIOR and f(x).

It was already revealed several weeks ago that SUPER JUNIOR will be holding three concerts at Yokohama Arena next February to accompany their debut release.

source: Sankei Sports, Tower
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Wednesday, November 17, 2010

[TRANS] 101116 TVXQ-SM Battle In Court Concerning The Validity Of Their Conctract

TVXQ’s 3 members (Kim Jaejoong-Kim Junsu-Park Yoochun) and SM Entertainment battled fiercely in court over the question of the validity of their exclusive contract.

At the hearing of Civil Case No. 48 (Chief Prosecuting Attorney Lee Lim) at the Seoul District Courts on the 16th, the first date of pleading, the representatives of SM and the trio refused to back down from their stances as they respectively stated, ‘TVXQ’s contract period of 13 years was inevitable for their entrance into foreign markets’ and, ‘The period of the contract was decided upon without the consent of the members.’

SM’s legal representative explained that, “The period of the contract was agreed upon as both sides shared mutual financial purposes and motives,” and “As TVXQ was created with the purpose of targeting foreign markets from the start, the long contract period was an established and agreed upon prerequisite for a stable entry into foreign markets.”

He emphasized that, “If there was a lack of support or an unfair income distribution during TVXQ’s activities, the exclusive contract would be a problem, however, TVXQ has always received the best treatment possible that is far superior to that of other artistes in the industry.”

Also, the representative added, “The trio did not raise a single objection regarding the content of the contract since their debut, until they decided to bring up the problems of the exclusive contract after they clashed with the agency on the issue of the cosmetic company they actively invested in during the months of 2008,” and “They have been neglecting their activities, stating the lawsuit as a reason for their neglect, and because of this, the other members and the agency have been incurring immense damages.”

Regarding this, the trio’s legal representative refuted the previous statements as he said, “The Fair Trade Commission has acknowledged seven years as the maximum length of a contract,” and “TVXQ’s contract was invalid from the start as there have always been unfair clauses within the contract including unfair income distribution, excessive compensation penalties and a contract period that is too long.”

He emphasized that, “We cannot accept SM’s stance and the agency’s claim for compensation when their entire argument is based off an invalid contract,” and “Before we pick at anything else, we must make it clear whether this contract is valid or not.”

(omitted)

The next hearing will be held on December 7th, at 2pm at the Seoul District Courts, and two SM employees will attend as witnesses and testify on what the situation was like when the contract was signed.

Source: [Newsis]
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Tuesday, November 16, 2010

[NEWS] Girls’ Generation may testify over contract

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The Fair Trade Commission said Monday it was considering questioning the nine-member K-pop band Girls’ Generation regarding unfair artist-management agreements known as “slave contracts” allegedly prevalent in the entertainment industry.

The anti-trust watchdog affirmed that it was considering the group’s testimony regarding the matter that had been brought to national attention by popular boy band TVXQ since 2009 when they became embroiled in a legal tussle with former management, SM Entertainment.

The FTC said it had an interest in questioning the band about clauses in their contract to determine whether claims made by TVXQ held water, since Girls’ Generation are currently under contract with the same agency.
SM Entertainment’s flagship K-pop band Girls’ Generation have been reportedly considered by the FTC as witnesses in its investigation of “slave contracts” local talent are subjected to by management companies. (The Korea Herald)

“It is true that (Girls’ Generation) were mentioned as possible witnesses to testify regarding TVXQ’s charges of alleged unfair contracts administered by SM,” a spokesperson with the FTC said.

“But as of now, there are no concrete plans for our organization to call on (Girls’ Generation) nor do they have intentions of cooperating yet.”

The investigation reportedly began with TVXQ’s fanclub demanding the FTC look into SM’s business practices with its talent, saying the company leveraged a deal that placed the group at a disadvantage by abusing their dominant position as one of the industry’s leading management camps.

In August 2009, three members of TVXQ left Xia, Micky, and Hero with the group citing problems with their contract as the reason for their exit.

Pundits and talking heads say even if members of Girls’ Generation were to be asked to testify, it is likely none would place their careers on the line by disclosing sensitive information about their management.

“Doing that would be career suicide,” a producer and songwriter for a prominent international record label who wished to remain anonymous told The Korea Herald.

“(Girls’ Generation) are at the top of the K-pop scene right now. They have no reason to jeopardize their position as one of the most popular groups by cooperating with the FTC.”

The FTC is currently reviewing documents presented by SM as evidence the agency hopes will exonerate them from such charges.

By Song Woong-ki (kws@heraldm.com)

source: koreaherald
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Friday, October 15, 2010

[TRANS] 101015 JYJ States “CJeS Is Nothing More Than An Agency”

JYJ’s side has retaliated against SM’s exclusive contract suspension and album sales prohibition injunction that was filed to the Seoul District Courts on the 8th against JYJ’s worldwide album ‘The Beginning’.

SM accused the members of JYJ, Kim Jaejoong, Park Yoochun and Kim Junsu, of signing onto an exclusive contract with CJeS Entertainment even though their exclusive contract with SM as not ended yet.

Following this, the Korean Federation of Pop Culture and Arts Industry released an official notice to all broadcasting companies, label companies and online music distribution companies asking them to refrain from aiding JYJ in any way for the same reasons.

JYJ had a partial victory from their exclusive contract suspension injunction against SM Entertainment, but as their contract with the entertainment agency has not been ended yet, they would be in an illegal dual contract if they have signed an exclusive contract with CJeS Entertainment.

However, JYJ representatives stated, “JYJ have not signed an exclusive contract with CJeS contrary to what SM and the KFPCAI are insisting,” and “CJeS is merely in charge of management that provides a route for domestic activities.”

JYJ’s spokesperson Prain stated in a phone conversation with reporters on the 15th that, “SM and the KFPCAI are insisting that there is a dual contract involved, which is causing a problem. However, this is not true. It is not that JYJ and CJeS have formally signed a contract, which would mean that JYJ would be working under CJeS, it’s that CJeS is merely working as JYJ’s agency.”

Prain continued to add that, “JYJ have not signed on to work under a new entertainment agency, they’re just leaving management-related work to CJeS to handle. It’s just like how we are in charge of handling all of their publicity-related work and how Warner Music Korea is in charge of all of their album-related work.”

Prain revealed that, “A misunderstanding may have occurred because the concept of an ‘agency’ is still unfamiliar to most people in Korea. When the overseas showcase events are done, we will officially respond to SM and the KFPCAI’s claims with sufficient evidence and documents.”

Regarding the scope of JYJ’s independent activities, which SM is claiming as the issue, Prain stated, “This is something that has already gone through sufficient legal review,” and “By law, there is nothing that would cause a problem for JYJ.”

Prain implied that SM’s stance lacks legal and logical validity when it was stated that, “We have confirmed that by law, SM Entertainment has no real reason to file an album sales prohibition injunction against JYJ’s activities.”

Source: [Today Korea+DNBN]
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Definition of Agency:
Fiduciary relationship (Special relationship of trust and confidence in which law demands a higher than ordinary degree of care and responsibility from the dominant or trusted party) between two parties in which one (the ‘agent’) is under the control of (is obligated to) the other (the ‘principal’) . The agent is authorized by the principal to perform certain acts, for and on behalf of the principal. The principal is bound by the acts of the agent, performed in carrying out entrusted duties and within the scope of agent’s authority. An agency can be created by (1) express agreement, whether oral or written, (2) implication, based on the custom or practice of the trade, or (3) conduct of the principal. Creation of agency is essential to commercial and financial transactions, because an organization (as a legal entity) can function only through its agents.

credits: Business Dictionary

T/N: In Korean, the distinction is made as 에이전시 (agency, CJeS) and 소속사 (affiliated company, SM).
The concept of an ‘agency’ is still quite rare in the Korean entertainment industry as most celebrities work under an entertainment agency/company such as SM, YG, JYP etc, that is in charge of everything, instead of hiring an agency to work for them for a particular field.
JYJ have different agencies working for them for different areas.
CJeS = management, Prain = publicity, Warner Music Korea = album sales

I hope this helps a little? ^^

[TRANS] 101014 JYJ Side States, “The Label Company Will Respond To SM’s Legal Actions”

Regarding SM Entertainment’s album sales prohibition injunction filed against JYJ’s new album, JYJ’s side has stated, “We are not planning any particular response to it as of now.”

JYJ’s representative, in a phone call with SSTV on the 14th, stated, “We have no intention of responding to the injunction right now, and this is a problem the label company will respond to,” and “We will keep a close watch on how the label company and SM Entertainment will resolve this issue.”

SM revealed on the 13th that they filed an exclusive contract suspension and album sales prohibition injunction to the Seoul District Courts on the 8th against JYJ, CJeS and JYJ’s worldwide album ‘The Beginning’.

SM’s reason is that, “By releasing their albums through CJeS Entertainment even though the verdict has not been made on their lawsuit, there is a high possibility that this may lead into an unexpected third party legal dispute.” The exclusive contract lawsuit between the members of JYJ and SM Entertainment is still yet to be resolved.

The Korean Federation of Pop Culture and Arts Industry (KFPCAI) has also stepped up to support SM’s stance. Through an official notice to all broadcasting companies, label companies and online music distribution companies, the KFPCAI called for such companies to refrain from allowing JYJ to appear on their shows and even from cooperating with JYJ with their activities.

Regarding this, JYJ’s representative was careful with his words and did not say much as he stated, “We are not releasing an official response to the injunction or the KFPCAI’s actions for now but we will keep a close watch on everything.”

(omitted)

Source: [sstv+Yuaerubi]
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Thursday, October 14, 2010

[TRANS] 101014 SM Entertainment Files ‘Exclusive Contract Suspension Injunction’ Against JYJ-CJeS

◆SM States “JYJ-CJeS Exclusive Contract is Invalid
5 member group TVXQ, who appear to be walking down the same path as the epitome of idol groups, HOT, has been swept up in a dual contract controversy.

With JYJ’s debut album on the verge of being released offline, TVXQ’s agency SM Entertainment revealed on the 13th that, “There is a possibility that the current series of events may lead to another legal dispute,” and “We filed an injunction to the Courts on the 8th to stop all sales of their album.”

SM revealed that, “We filed an exclusive contract suspension and album sales prohibition injunction to the Seoul District Courts against JYJ (Kim Junsu and two others) and CJeS Entertainment (CEO Baek Chang Joo),” and “JYJ’s actions of signing a dual exclusive contract with CJeS Entertainment, even though the verdict has not been made on the lawsuit involving their current and still valid exclusive contract, they are violating the primal purpose of the verdict laid down last October regarding their injunction.”

SM added that, “It has been clearly revealed that the contract between CJeS Entertainment and JYJ is a dual contract. By releasing their albums through CJeS Entertainment, there is a high possibility that this may lead into an unexpected third party legal dispute with for example, the album distribution company, depending on the verdict laid down on the lawsuit regarding the validity of their current exclusive contract.”

(omitted)

Source: [newdaily]
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T/N: This clarifies this article.
They have filed for an exclusive contract suspension and album sales prohibition injunction against JYJ-CJeS.

Tuesday, September 21, 2010

[TRANS] 100921 Max Matsuura’s Twitter Update

Read from bottom to top

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masatomatsuura Without limiting certain companies, to try and sign contracts, there are companies that will say completely different things. To the end, that is the common opinion. RT @a_milky: @masatomatsuura You already knew the actual condition of C-jes, so why did you still sign on JYJ?><

masatomatsuura There are a lot of things I want to say. However, I will stop now. Although I’m sorry that among the Tohoshinki fans, there are people who feel displeased (t/n: precise meaning of the word is discomfort) with me, but can’t you please unfollow me? But of course, this is the individual’s freedom.

masatomatsuura From now on, for me, even if there’s anything, I will definitely not speak ill about them.

masatomatsuura Everyone, anyone, you’ve had the experience where you date someone and they turned out to be the worst, right? At that time, when you find out, if you said that it is wrong to swiftly change courses, then in the inevitable future, it might become something worse. However, making the decision is difficult. For this matter, I’m just talking about a general opinion and has nothing to do with Tohoshinki.

masatomatsuura The termination of the trio’s contracts does no good for the profit of sales and is a big blow to avex. However, as a socially responsible company listed on the stock exchange, this was the only choice we could make.

source: masatomatsuura
trans by: sharingyoochun.net
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Monday, September 6, 2010

[NEWS[ 100906 Jaejoong, Yoochun, and Junsu contract with Prain PR

TVXQ’s Jaejoong, Yoochun, and Junsu have recently signed a contract with a Korean PR consulting firm, Prain, officially beginning their individual promotions.

On the 6th, TVXQ’s three members revealed, “We’ve always reported news to the press through a law firm but decided to go with a PR business for a more systematic and specialized expression of our thoughts. Through Prain, we will be opening a variety of channels that allow for conversing with the press and industry representatives along with our fans.”

Prain’s main area of business revolved around government organizations, some of their clients being former presidents, soccer player Park Jisung, figure star Kim Yuna and others, managing their images and communications.

Although the concept is largely known in other countries, this is the first time a celebrity in Korea has separately contracted with both an agency and a PR agent. Prain representatives stated, “We are not TVXQ’s agency. We are their spokesperson and our responsibilities include managing their images and supporting their marketing and promotions.”

In order to promote the three members of TVXQ, Prain has set up an entertainment business team within the company. The team leader, Kim Sangwoo, stated, “We’re planning to create a transparent partnership as the spokesperson for the stars. We hope to enhance their image and quality as their PR agents.”

On the other hand, the three members are set to release a new album by the end of this year, produced by famous composer Kim Hyungseok and distributed by Warner Music Korea.



source: Star News + allkpop
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Saturday, July 3, 2010

[TRANS] JaeChunSu: The Truths & the Lies

Most of this is old news so I've only translated a summary of the article.

1. What is the point of this article?
Ever since the three members filed the lawsuit, the internet has been flooded with unconfirmed reports and false claims, and such rumors have spread to fans in foreign countries including China and Japan etc. The point of this article is to clear up some of the rumors about the three members so that they will not be wrongly accused.

2. Did the three members demand 10 billion won each from SM?
The trio's lawyer Lim Sang Hyuk stated that '”We have asked that SM Entertainment pay each member one billion Won first. The amount we file for compensation will increase but ten billion Won, which is the amount reported in some news articles, is a false report. We have not yet decided upon a final compensation amount.”

Whilst the trio have not filed lawsuit seeking a compensation of this amount, reports of them demanding 10 billion won from SM have spread quickly throughout the Korean media and such erroneous reports have yet to be corrected. This is a typical SM strategy: 'adding a zero after the initial figure' to mislead the audience, the same tactic was employed in the case with Crebeau, where members of the public were misguided and manipulated.

According to SM's contracts, if an artist were to violate the contract, then they would have to pay a sum of 400 billion won.

3. Did the letters 'CJ' appear in 'Heaven's Postman'?
Funds for the production for 'Heaven's Postman' came from the Korean Film Council, the financial industry as well as the distributing company itself.

There are 2 possible explanations for 'CJ' appearing in the movie:
1. During the filming of 'Heaven's Postman', Youngwoong Jaejoong was still under SM Entertainment. The production company accepted funds from CGV (a company under CJ which is also responsible for the production of Changmin's TV series)
2. 'Heaven's Postman' is distributed by CJ

4. Is the trio's new manager involved in triad activities?
Kim Yong Ho wrote two articles in total; the first claims the trio's manager to be a triad member whilst the second clarifies that he is not. Unfortunately, whilst the first article has spread to countries outside of Korea and Japan, the second has not gained much public attention.

Such harsh accusations not only lack reliability, they can also be considered slander against the three members.

5. Is there a big-name company funding the production of JaeChunSu's worldwide album?
The production and distribution of the trio's album will be managed by a company in the US, but the album itself is targeted at audiences throughout Asia.

6. What is the intent of spreading these false reports?
SM is manipulating the three members' status as artists to impair their image and make the three of them lose value.

By stirring up conflict and prolonging the lawsuit, SM hopes to minimize the company's losses.

7. What should we do as fans?
Whilst SM has persisted in misleading the public by spreading lies and rumors, the three members have yet to do anything to defame SM. When faced with large corporations such as SM, as powerless individuals, there is nothing we can do other than to accept the company's manipulation through the media.

Fans of all people, should understand that 'If there weren't an unfair contract, then there wouldn't be a lawsuit'

As fans, we must distant ourselves from these fictitious reports and rumors and calmly await the decision of the court. In the mean time, please continue to look over and protect the trio.

(omitted)

Credits: TVXQBaidu + poplez
Trans by: dorfehh@DBSKnights
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Wednesday, June 30, 2010

[TRANS] 100629 Detailed Contents Of Exclusive Contract Invalidity Confirmation

Submitted by SM to the Financial Supervisory Service
1. Title of Incident
Exclusive Contract Invalidity Confirmation

2. PlaintiffㆍApplicant
Kim Jaejoong, Kim Junsu, Park Yoochun (Members of TVXQ)

3. Contents of Lawsuit

* 1. To confirm that the effectiveness of the exclusive contract between the plaintiffs and the defendant is no longer valid.
* 2. The defendant must pay each plaintiff 1,000,000,000 Won and must pay an interest of 20% per year from the day after an initial payment is made until the money is fully paid.
* 3. Clause 2 may be executed provisionally.
* 4. All lawsuit expenses will be covered by the defendant.


4. Compensation Amount

* Compensation Amount (Won): 3,000,000,000 Won
* Equity Capital (Won): 63,375,222,440 Won
* Ratio of Equity Capital (%): 4.7%


5. Competent Court
Seoul District Courts

6. Countermeasures to be Taken
The company in question will actively deal with this incident through their legal advisers with the lawsuit and claim for damages that were filed on April 12th, 2010 by the company in question.

7. Date the Lawsuit was Submitted
2010-06-25

8. Date the Lawsuit was Confirmed
2010-06-29


Source: [Financial Supervisory Service+DNBN]
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Monday, June 28, 2010

[TRANS] 100628 TVXQ Trio File Lawsuit For Exclusive Contract

Three members of 'TVXQ' have filed a lawsuit against SM Entertainment following their exclusive contract injunction.

According to the Seoul District Courts, Xiah Junsu (Kim Junsu), Micky Yoochun (Park Yoochun) and YoungWoong Jaejoong (Kim Jaejoong) filed an exclusive contract validity suspension lawsuit on the 25th.

Sejong, the law firm in charge of the trio's legal actions, stated, "The exclusive contract period is thirteen years from the date they debuted, however, if military service is taken into consideration, the length of the contract is in fact fifteen years," and "This violates Clause 103 of the civil code." Clause 103 of the civil code states that any legal acts that violate good customs or public order will become invalid. Sejong also stated, "If the contract is canceled, the members must pay an extravagant compensation fee that is three times the amount of total investments and twice the amount of what the group would have earned in the remaining period of the contract."

The trio submitted an exclusive contract suspension injunction last July which was partially granted in October. SM Entertainment also filed an objection to the partial acceptance verdict and a lawsuit to confirm the continued validity of the exclusive contract in April.

SM, I hate you with a burning passion of a thousand fiery suns...

Source: [hankyungnews]
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Monday, June 7, 2010

[TRANS] 100706 SM-Congressman Jo Moon Hwan Vow To ‘Protect Celebrities’ Rights And Interests’

Entertainment agency SM Entertainment and Congressman Jo Moon Hwan of the Grand National Party have joined hands to protect celebrities’ rights and interests.

On the 6th at 9am KST, a ‘Proclamation Ceremony for the Establishment of a Developing Contract Relationship in the Entertainment Industry’ was held in Room 128 in the National Assembly Congressional Hall. This ceremony was attended by Congressman Jo Moon Hwan (State Affairs Committee), SM CEO Kim Young Min, and Girls Generation in order to protect the rights and interests of celebrities as well as to ensure that a mutual trust exists between entertainment agencies and celebrities.

This proclamation ceremony was attended by Congressman Jo Moon Hwan, SM Entertainment and Girls Generation in the hopes of creating a sound environment to create and maintain an expanding contract relationship in the entertainment industry.

Congressman Jo Moon Hwan has been criticizing the contract relationships between celebrities and entertainment agencies since the last parliamentary inspection of the administration till now, and through rigorous inspections of small and large entertainment agencies, demanded that unlawful clauses, such as those which violate personal privacy, be removed.

SM stated, “Over the past months, SM has been holding numerous discussions with Congressman Jo Moon Hwan to protect the rights and interests of celebrities as well as aid in the development of the entertainment industry,” and “A conclusion was made that SM has developed a contract that reflects the reality of the entertainment industry and focuses on the protection of the celebrities’ rights and interest, and this contract has been implemented with SM’s celebrities and trainees.”

SM and Congressman Jo Moon Hwan will continue to converse on the matters of contract relationships between celebrities and entertainment agencies in the future.

Source: [joynews+Yuaerubi]
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More trans/news under the cut
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[TRANS] 100706 SM CEO Kim Young Min States, “We Will Become The Forerunners In Solving Contract Issues”

Kim Young Min, CEO of SM Entertainment, stated, “It’s unfortunate that because of a certain chain of events and several reports, the relationship between agencies and celebrities is becoming distorted,” and “We will become the forerunners in solving contract issues.”

CEO Kim stated this when he attended the ‘Proclamation Ceremony for the Establishment of a Developing Contract Relationship in the Entertainment Industry’ that was held on the 6th.

CEO Kim stated, “All entertainment agencies will have celebrities who rise to fame or die out. All of them tried to make their dreams come true and it was and is the entertainment agency who provides the celebrities an environment to do so.”

He continued to say, “We are stuck in a frame that forces us to choose between personal interests and business, human rights and the economy,” and “In order to achieve a dream, a promise is made between agencies and celebrities in the form of a contract. We should not have to choose between personal rights and business. We are participating in this project in order to find ways to help the Hallyu Wave, and create an economy that protects the rights of celebrities as much as possible.“

Source: [edaily SPN]
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———————————————-

[TRANS] 100706 Kim Tae Hyung “Seven Years For Celebrity Contracts Is Too Short”

Former singer Kim Tae Hyung, director of the Korean Entertainment Production Committee, criticized that a seven year limit on celebrity contracts is not realistic.

Director Kim Tae Hyung attended the ‘The Results and Measures to Develop the Celebrity Standard Contract After One Year of Implementation’ meeting as part of the panel and stated, “It is not realistic to set a limit of seven years on celebrity contracts.”

He stated, “If the standard contract is followed, a trainee has to pay back the investment made to them by the entertainment agency in 2~3 years,” and “But this is impossible. Putting overseas expansion into consideration, the limited number of years for a contract should be lengthened.”

He also explained that, “Of course, the Fair Trade Committee has stated that a renewal of a contract is possible after seven years but this too is unrealistic,” and “When seven years pass, celebrities do not think about the past or their beginning, they only think about the present. That is why the worth that they demand for their work increases dramatically.”

He continued to say, “Not all singers can produce hit songs, so will all celebrities really be able to repay their agencies for all the investments put into them?”

Director Kim then continued to criticize each and every ambiguous expression in the standard contract.

Source: [star money today]
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[TRANS] 100706 Kangta "Celebrities Must Be Held Responsible For Their Contracts As Well"

"If they have signed a contract, celebrities must keep that promise"



Singer Kangta has stressed that celebrities, not only entertainment agencies, must be held responsible for problems in contract relationships in the entertainment industry.

Kangta attended the meeting held at 10 am KST at Room 128 in the National Assembly Congressional Hall. The meeting, named 'The Results and Measures to Develop the Celebrity Standard Contract After One Year of Implementation', was held to talk of the use and problems of the stand celebrity contract as well as ways to improve the situation in the entertainment industry.

Kangta stated his opinions on the development of the standard contract based on his own experiences as a celebrity.

Kangta stated, "Because the mentality of 'A celebrity who has broken a promise once, will probably do it again.' exists, I hope that people reflect deeply on the consequences before they sign a contract. And when they do sign a contract, they must keep that promise."

Regarding the relationship between celebrities and entertainment agencies, Kangta stated, "I don't think that celebrities and agencies are in an employer-employee relationship or a 'master an servant' relationship. I personally think that from the moment a contract is signed, the two become partners who complement each other."

He also said, "No matter how many clauses are in a contract, if there is no trust as partners between the two sides, that contract will not benefit either side," and "I hope that agencies lead celebrities to the right path, not only as celebrities but as a partner in business. And when these celebrities fall for temptation is goes astray, I urge agencies to become advisers and lead celebrities back to the right path."

Kangta stated, "Contracts should be signed and created based on each individual's situation and plans," and pointed out that contracts need to become more detailed to match each person.

He also said, "It is not sensible to choose a set contract period and ignore each person's situation. It would be better for all if each individual was given a contract that fitted their individual circumstances and situations."

Kangta first entered the entertainment industry as a member of HOT in 1996 and has since worked with SM Entertainment without changing entertainment agencies for the past 15 years.

Source: [edaily SPN+Yuaerubi]
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