Singer Lee Seung-gi notifies Hook Entertainment of agreement termination

Singer Lee Seung-gi [HOOK ENTERTAINMENT]

Singer Lee Seung-gi [HOOK ENTERTAINMENT]

 
Singer Lee Seung-gi notified Hook Amusement that their exceptional agreement has been terminated, following the agency admitted that it unsuccessful to pay the singer his earnings adequately, regional news retailers reported on Thursday.  
 
Previous month, the singer demanded that his agency Hook Enjoyment entirely disclose his payment records. Lee has been a common singer considering the fact that his debut in 2004 and launched a complete of 137 tracks more than the earlier 18 many years, but he statements he has not obtained any payment for the digital streams or downloads of his tracks.  
 
In the official authorized documents sent to Hook final month, Lee demanded Hook disclose monetary information pertaining to his lower for 27 albums and 137 tracks.
 
Hook Leisure originally denied allegations that it withheld payment to Lee, but according to market insiders, the agency sent a response to Lee’s document, admitting that Lee had not been effectively paid out for his tracks remaining streamed. In reaction, Lee declared that their exceptional agreement has been nullified on grounds that Hook violated their conditions and problems.  
 
Hook Entertainment’s CEO Kwon Jin-younger is at present facing accusations of embezzlement and misuse of the enterprise credit score card. Kwon issued an official assertion on Wednesday, which did not tackle the embezzlement allegations.  
 
“I will be completely accountable for the dispute about Lee Seung-gi,” she wrote. “I will not stay away from the responsibilities and use my personal resources to take care of the issue.”
 
The company is at the moment less than police investigation and was issue to a research and seizure on Nov. 10. The prices have not however been designed general public.
 

BY HALEY YANG [yang.hyunjoo@joongang.co.kr]