Vocalist Lee Seung-gi [HOOK ENTERTAINMENT]
Vocalist Lee Seung-gi revealed deep remorse concerning his firm Hook Entertainment’s rejection of the allegation that it had actually not paid the vocalist for his tunes and also claimed it would certainly be “worthless” to better expand the discussion with the firm.
In a declaration launched Monday by Lee’s lawful reps, law practice Bae Kim & & Lee (BKL) and also Bestway, Lee claimed the firm’s debate in a declaration launched last Friday is not real, asserting the vocalist had actually never ever gotten any kind of repayment for electronic streams or downloads of his tunes.
“The precise truth is that Hook Entertainment deliberately concealed from Lee Seung-gi that there were earnings being made from electronic streams and also downloads which no correct repayment was made,” the declaration checked out.
“The firm began offering repayment documents to the vocalist ultimately in 2018, however there was no solitary document associated with electronic streams and also downloads.”
Lee has actually been a prominent vocalist given that his launching in 2004.
Hook Entertainment launched a declaration recently claiming that back in 2021, when both events were restoring their agreement, they had “inspected the negotiation information” and also also “created a contract to validate it.”
However Lee’s lawful reps made it clear that the negotiation information were not concerning the repayments for Lee’s tunes, however were for Lee’s financial investment throughout the procedure of the firm’s acquisition of a structure. Lee spent 4.7 billion won ($ 3.5 million) towards the acquisition.
“Hook Entertainment obtained 4.7 billion won from Lee in 2011 for buying a structure, however the firm’s chief executive officer Kwon Jin-young did not maintain any kind of pledge pertaining to the financial investment,” Lee’s lawful reps claimed in a declaration.
“As Lee claimed he will certainly not restore his agreement, the firm claimed it will certainly make up the cash as a finance rather than a financial investment, and also created a contract to ditch Lee’s civil liberties as a financier.”
Lee’s lawful reps examined the firm on exactly how the vocalist would certainly have settled on the repayment if he was not knowledgeable about the truth that there was any kind of cash being made from electronic streams and also downloads of his tunes.
Lee has actually brought out 137 tunes throughout his 18-year profession, much of which are still widely-known hits.
Hook Entertainment came under attack after voice recordings and also conversation screenshots emerged online recently, asserting that the firm had actually never ever economically made up Lee Seung-gi for his tunes and also continually gaslighted him throughout his 18-year profession.
BY CHO JUNG-WOO [[email protected]]
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