Celebrity Gossip

Regarding Unpaid Music Profits, Hook Entertainment Releases New Statement

Regarding Unpaid Music Profits, Hook Entertainment Releases New Statement

Hook Leisure has responded to Lee Seung Gi’s licensed marketing consultant saying the singer has not been paid for his music releases over the earlier 18 years.

Earlier this month, it was revealed that Lee Seung Gi had despatched a certification of contents to his firm Hook Leisure, asking for clear disclosure of payment. These days, the corporate’s office developing was moreover seized and searched by the Excessive Crime Investigation Division of the Nationwide Police Firm attributable to suspicion of embezzlement by some executives.

On November 21, Dispatch launched a report that claimed Lee Seung Gi had not acquired any of his revenue from his music and that 5 years worth of statements from 2004 to 2009 had been missing. Hook Leisure’s CEO Kwon Jin Youthful briefly responded they’re inside the technique of fact-checking. On November 24, Lee Seung Gi’s licensed marketing consultant confirmed that Lee Seung Gi had certainly not been made acutely aware of his music revenue and had been receiving insults and threats when he requested settlement particulars.

In addition to, plenty of media retailers raised questions relating to veteran singer Lee Photo voltaic Hee‘s relation to Lee Seung Gi’s unfair remedy as she is listed as a director of Hook Leisure.

On November 25, Hook Leisure shared their stance on the problems above with the following assertion:

Hey, that’s Hook Leisure.

Initially, we’re ashamed and want to apologize to all people for the continuous unfavorable data that has been coming out simply currently along with the present situation between us and Lee Seung Gi. Notably, we want to particular our apology to Lee Seung Gi who’s going by a tough time attributable to this.

We might moreover desire to bow our heads and apologize to people who had been harm by CEO Kwon Jin Youthful’s inappropriate phrases and actions.

As beforehand talked about in Hook Leisure’s press launch, we had been inside the technique of securing and organizing right data to answer to the certification of contents that we have got acquired from Lee Seung Gi’s licensed marketing consultant. It is regretful that the media has been reporting knowledge that has not been exactly verified.

When Hook Leisure and Lee Seung Gi signed an distinctive contract as soon as extra after initially ending our distinctive contract in 2021, every occasions checked all the settlement particulars from [Lee Seung Gi’s] career, and we settled the financial bond-debt relationship between our agency and Lee Seung Gi. Every occasions moreover wrote an settlement confirming such data.

Nonetheless, following Lee Seung Gi’s request, Hook Leisure is as quickly as as soon as extra fastidiously reviewing with specialists the considerable amount of income settlement that Hook Leisure has paid to Lee Seung Gi.

In addition to, the simply currently launched report by a positive media outlet referring to the content material materials of Lee Seung Gi and Hook Leisure’s contract resembling income distribution ratio, and so forth., along with the report about Hook Leisure certainly not paying Lee Seung Gi as quickly as for his music revenue are utterly totally different from the truth.

At current, we’re planning to arrange points clearly and to proper and take responsibility for our mistake if there’s confirmed to be any. As a celeb administration agency that must have maintained relationships with its artists primarily based totally on faith and perception, we as quickly as as soon as extra apologize.

In addition to, inside the case of Lee Photo voltaic Hee, because of she was an artist that has been with Hook Leisure given that beginning, she was nominally listed as a director for courtesy, nevertheless from 2006 to 2021, Hook Leisure was a single-person agency owned by Kwon Jin Youthful’s shares 100 laptop, and Lee Photo voltaic Hee was certainly not involved inside the problems with the company’s administration or income distribution.

Along with this, Hook Leisure may also be asserting that we’ll not tolerate the act of defaming and harming its artists attributable to speculation referring to this and might take sturdy licensed movement by our licensed marketing consultant.