Contract dispute, because SM has never paid any income from Shinqi’s digital music sources to its members, and SM refused to submit detailed accounts
In 2008, SM earned 14.7 billion, of which 1 billion was from Shinqi Earned.
Sejong’s lawyer asked: Who earned the rest?
The finance officer said: "It's Bao'er, Tianshang Zhixi, ARA, and TRAX who earned it!"
Then lawyer Shi Zhong asked again: "You mean, they earned more?" "How much?"
Finance is speechless.
For the 2004 HUG album, SM only counted the sales in March and April to 5 albums, and did not count the subsequent sales.
In other words, there is no detailed list of sales volume after April.
MIROTIC sold 480,000 copies. SM should have given them 50 million, but they didn’t. Then the three said that MIROTIC *** sold 540,000 copies (SM’s style is that sales are only counted once, So when 480,000 copies were sold, after paying Shinqi, SM kept the remaining 60,000 copies)...
SM said that because the next album has not been released, he cannot give (the money) .
Sm said this, but the referee cut off the conversation and said that this part could not be recognized.
Then the referee said that if SM does not submit relevant documents, the court will order it.
In other words, SM has never given relevant documents to the court, so the court wants to use force to collect the documents.
It is said that in 2008, the income distribution of digital albums accounted for 10%, but in 2009, (digital albums) were not included in the income distribution at all.
The expenses for the MV and dancer were all paid for by Shinki.
The income from the world tour was 3.4 billion, but 900 million of the money paid to Shinqi was said to be SM's agency fee, and then it was deducted (900 million).
In other words, 900 million was deducted from Shinqi’s money and regarded as the agency fee that SM deserved.
SM Company, the strategic failure that hindered JYJ
SM Company canceled its purchase of the first album "The Beginning" of JYJ Group (Hero Jaejoong, Miqi Yuchun, Xia Junsu) "Application for ban on selling fake products.
In response to Warner Korea, which is responsible for distributing JYJ’s album, SM submitted an application to the court for a ban on the sale of fake products on the 12th. On the 27th, SM stated: Because the album has already been released, no actual benefits will be obtained from the fake punishment. Therefore, the application was canceled (cancelled on the 21st).
However, the application for temporary suspension of the exclusive contract between JYJ and CJes will continue.
(Note: There is no exclusive contract between JYJ and CJes. Currently, CJes is just JYJ’s agency)
“The Beginning” set a record of 520,000 copies in pre-sale Highly anticipated album.
The JYJ group, which held the "JYJ WORLDWIDE showcase" at the Hwajeong Gymnasium of Korea University in Seoul on the 12th, will hold a concert with 100,000 people at the Jamsil Olympic Stadium in Seoul on November 27th and 28th.
==========================FAITH==================This What a good sentence
SM’s old tricks are repeated
At the critical moment when JYJ released his album, he filed an application for a sales ban with the court and used him to do a lot of publicity and then retreated at the right time
His intention is obviously to interfere with JYJ’s album release and suppress sales
This is not the first time SM has played this trick
After the three children filed an appeal against SM last year
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SM applied to the Korean Intellectual Property Office to register the trademark rights for the name "TVXQ" (it had already been rejected once and the application was submitted)
After that, SM acted very reasonable and did it A lot of publicity and then the application was quietly withdrawn
As a result, many people were brainwashed by SM and thought that TVXQ’s trademark rights were really in SM’s hands
So JYJ’s separation from SM was said to be JYJ’s separation. TVXQ
SM joined many radio stations to jointly suppress JYJ. Among them was KBS. And before that, there was Japan's Ai Hui Company...