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~Kurumi
The Admin


"I think if one of the five members is gone, then this wouldnt be DBSK. Only if the five of us are together and feel the same, then that's when we use the name DBSK and show ourselves as DBSK." -Changmin


ALWAYS KEEP THE FAITH!



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Showing posts with label sme. Show all posts
Showing posts with label sme. Show all posts

Tuesday, June 29, 2010

[TRANS] 100628 JYJ files lawsuit against SM

News released by the Seoul Central District Court on the 28th states that the TVXQ trio have filed lawsuit against SM demanding earnings from album sales.

(parts omitted)

Whilst SM maintains that a 13 year exclusive contract is necessary to compensate for time lost during overseas activities, the trio argue that other artists with overseas activities have much shorter contracts e.g. SS501 have a 5 year contract, Big Bang have a 6 year contract and the Wonder Girls have a 7 year contract. This provides full proof that having overseas activities does not in any way necessitate a longer contract, as SM claims.

They also contend that SM must first pay each member (of the trio) 10 billion won. To date, TVXQ's revenue has totaled to 60 billion won; excluding any other supplemental fees, SM should pay each of the five members 10 billion won.

Last October, the court made the decision that SM must no longer interfere with any of the trio's individual activities.

Source: TVXQBaidu + ohmicky
Trans by: dorfehh@DBSKnights
Shared by: DBSKnights

Friday, June 4, 2010

[TRANS] 100602 Yunho, Yoona, Sunny, Heechul, Onew… SM Idols All Out To Vote

SM idols, including U-Know Yunho, Girls’ Generation’s Sunny and Yoona, Super Junior’s Heechul, Kyuhyun and SHINee’s Onew and Jong Hyun, all voted.

(omitted)

On the other hand, U-Know Yunho visited the Seoul Apgoojung branch, Super Junior’s Heechul visited the Seoul Jayang branch and Kyuhyun the Wolgae branch to vote in the afternoon.

source: [newsen+Yuaerubi]
translation credits: jeeelim5@tohosomnia.net
shared by: tohosomnia.net
Do not remove/add on any credits

Saturday, May 15, 2010

[NEWS] 100513 SM Entertainment Records Biggest Q1 Profit

SM Entertainment (SM) -- considered one of the top three talent agencies in Korea alongside YG and JYP Entertainment -- saw its most successful first quarter this year, recording the biggest profit the company has ever seen.

According to a press release issued by SM on Thursday, the agency recorded operating profits of 10.4 billion won from January to March this year, up an astounding 471 percent from the same period last year when the total operating profit for the entire year had been 9.3 billion won.

SM's total sales during Q1 was also reported at 22.7 billion won, indicating a growth of about 58 percent for the company.

The increase can be attributable to the success of many of its artists including idol groups Super Junior, SHINee, f(x) and Girls' Generation. With SM-trained pop groups gaining more popularity throughout Asia, the agency is raking in more profits from the their album sales, overseas activities and royalty fees.

SM said that it is expecting the second quarter to be equally successful business-wise since its singers are scheduled to release new records and hold concerts in Asia. In addition, the company is preparing to put out various digital content products such as a digital album for smart phones.

Founded in 1995 by former singer Lee Soo-man, SM quickly became one of the most influential talent agencies in Korea. Lee, who stepped down from SM's board of directors in February, has created and masterminded the successful careers of numerous K-pop artists including BoA, Fly To The Sky, H.O.T. and TVXQ.

SM also manages many songwriters, music producers, comedians and actors including Ara, Choi Jung-yoon and Lee Yeon-hee.

Reporter : Lynn Kim lynn2878@
Editor : Jessica Kim jesskim@
<ⓒ10Asia All rights reserved>


Source: Asia Economic News
Shared by: OneTVXQ.com

Thursday, April 1, 2010

[TRANS] 100331 SME's Responsible for the Internal Conflict Between the TVXQ Members

SM Entertainment is responsible for the internal conflict between Dong Bang Shin Ki members. – Interview with President Kang, CreBeau.

Recently, the police have finished the investigation for CreBeau's lawsuit against SM Entertainment. The lawsuit documents have been sent to the Seoul Central District Prosecutors’s Office, and at the same time, President Kang has voiced out his unhappiness about this whole issue.

*Irrelevant parts omitted*

On that very day, President Kang also revealed some information from the investigation.

The questionable declaration letter, with UKnow YunHo's and ChoiKang ChangMin's signature, that was revealed during the press conference, was not written by themselves, but by SM Entertainment.

President Kang expressed, “During the confrontation, when asked how and when was the declaration letter written, Kim YoungMin, the representative of SM Entertainment stated that it was written by the company after listening to the opinions of the two members.”

President Kang then said, “If SM Entertainment is a company that follows standard procedures, then when a representative is to release such letter, even if the members had such opinions, it should be stated clearly in detail, and explained to everyone”, “However, it has not been taken seriously, and even to the extent of covering up the truth, wouldn’t it create some misunderstanding amongst the group?”

President Kang then claimed, “Last May, Representative Kim has personally confirmed and checked that the cosmetic business is merely a financial investment by the members, and has discussed about it”, “But now he has said otherwise, to fool the public and to spread the impression that we are the source of Dong Bang Shin Ki ‘disbandment’, which has caused much damage to us.”


Source: OhMyNews + TVXQCN
Translation: sshutingg @ OneTVXQ.com
Special thanks: MY베이비, westmoon and ミ♥ Lovedust @ OneTVXQ.com
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }

Feel free to repost, but please leave the full credits intact. Include ALL sources when reposting. Thank you!


Notes: As usual, when dealing with such sensitive issues to do with the lawsuit. Please, please, please read with an OPEN MIND! Explore all possibilities and take every statement with a pinch of salt. ^^ (OhMyNews is a very reliable news source, though) We guess the reason why this did not become a big issue was because it was overshadowed by big events in the fandom like Jaejoong's new drama, Yunho's This Is It, Junsu's new Japanese single, etc.

Friday, March 5, 2010

[ALLKPOP] 100304 SM Entertainment Officially Investigated for Unfair Contract Terms

Korea’s Fair Trade Commission (KFTC) has announced that they are currently investigating all celebrities bound to SM Entertainment regarding unfair contract terms, suggesting that “a second TVXQ scandal” like event may occur.

According to One Nation’s Jo Moon Hwan, it was revealed that KFTC is investigating cases of unfair contract terms in SME idols such as TVXQ (including Junsu, Yoochun and Jaejoong who are currently in legal disputes with their management company), SNSD, Super Junior, etc. for a total of 53 SME celebrities.

Jo Moon Hwan stated that the question and answer document received from KFTC specified investigations for all SME affiliated individuals for reasons related to a delay in taking care of TVXQ’s legal case. KFTC expressed, “Through this event all celebrities in SME will undergo investigations to see if their contract terms go against the law of established fair contract terms, which is why TVXQ’s legal dispute is being delayed.”

Additionally, the commission said regarding TVXQ’s case, “All related documents will be carefully reviewed and considered for an appropriate outcome,” not revealing at what point the case would be over.

As you readers know, SM Entertainment has recently experienced many difficult trials as three members in TVXQ and Super Junior’s Hankyung underwent legal battles for problematic contract terms such as its 13 year length and unfair distribution of album sale profits.

Signing unfair contract terms with its employees is not only SME’s problem. Last December, KFTC requested 407 large agencies to address unfair contract conditions and undergo investigations. However, one month after this request was issued (until January) only 11 agencies reported their conditions and decided to take prompt corrective action measures, giving a huge shock to KFTC.

From April to May, YG Entertainment and Star Entertainment were also investigated along with 20 other companies. The results? 19 companies with 230 celebrities were found with contracts made up of various unfair conditions. These conditions were not about appearance limits but rather about the celebrity’s individual affairs such as telling agencies their current location and not being able to leave.

This investigation will concentrate on protecting weak celebrities who are powerless to request their affiliated large agencies for protection rights that they deserve.

Stay tuned to allkpop for more activities of KFTC regarding their investigations on SM Entertainment and other companies!

Source: Allkpop.com
Written by: SWEETREVENGE
Shared by: kurumi@shinkifive

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