{"id":588,"date":"2023-07-14T09:43:56","date_gmt":"2023-07-14T00:43:56","guid":{"rendered":"https:\/\/realkpop.com\/fifty-fifty-incident-truth-battle-intensifies-who-is-responsible-for-missing-the-settlement\/"},"modified":"2023-07-14T09:43:56","modified_gmt":"2023-07-14T00:43:56","slug":"fifty-fifty-incident-truth-battle-intensifies-who-is-responsible-for-missing-the-settlement","status":"publish","type":"post","link":"https:\/\/realkpop.com\/fifty-fifty-incident-truth-battle-intensifies-who-is-responsible-for-missing-the-settlement\/","title":{"rendered":"Fifty Fifty incident, truth battle intensifies… Who is responsible for ‘missing the settlement’?"},"content":{"rendered":"

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Fifty Fifty 2023.04.27. (Photo = Provided by Attract) photo@newsis.com *Resale and DB prohibited<\/p>\n<\/tr>\n<\/tbody>\n<\/div>\n<\/div>\n<\/div>\n

Reporter Lee Jae-hoon = The truth battle between Dugiverse, which was in charge of the music project for the new K-pop girl group ‘FIFTY FIFTY’, and the team’s agency, Attract, is intensifying. <\/p>\n

On the 14th, Dugiverse refuted, “Attract CEO Jeon Hong-joon claimed that on the 5th, on the date of the interrogation for the suspension of the exclusive contract, Dugibus accidentally omitted the details of Fifty Fifty’s earnings, but this is not true.” <\/p>\n

Currently, the four members of Fifty Fifty are demanding accuracy and transparency about the statement of accounts from Attract. Dugiverse is arguing that “Attract omits the settlement of revenue statements, and now evades responsibility, blaming Dugiverse.” <\/p>\n

According to Dugiverse, in August 2020, Star Crew ENT signed an advance payment investment distribution contract with Interpark. Star Crew ENT is another entertainment agency led by CEO Jeon Hong-joon. CEO Jeon established Attract Corporation in June 2021 while starting a project for the debut of a new girl group. <\/p>\n

Dugiverse said, “In July of last year, in order to raise the production cost that was insufficient at the time, Attract supplied the finished sound source of ‘Tell Me’, a song from the 1st album of Fifty Fifty, to Interpark.” We paid an advance payment to Star Crew ENT,” he explained. <\/p>\n

However, on the 10th, Interpark said, “The investment contract is not an investment for Fifty Fifty, and the members have no obligation to pay back.” Regarding this, Dugiverse asked, “It is true that there is no correlation between the sound source of Fifty Fifty and the part where the advance payment was given as collateral for future production.” <\/p>\n

Dugiverse said, “The most absurd and unfair part from our point of view is ‘the part where we blame the company for the mistake in the settlement of the attract'” and “We have delivered the payment statement to the artist late, but we have never left out the details.” refuted. <\/p>\n

\u201cAt the time, we acknowledged the late delivery of the artist\u2019s account statement, and asked for understanding from CEO Jeon Hong-joon and the artist. However, when writing the statement, the distribution company (Interpark) was responsible for the \u2018Fifty Fifty\u2019s album sales and digital music revenue\u2019 that should be paid to Attract. Based on the data of Attract, Dugiverse reflected ‘0 won in music\/record income’ as it is in the settlement statement without omission, and Dugibus took responsibility for the omission of income in Fifty Fifty’s “statement of accounts.” There is no,\u201d he protested. <\/p>\n

Rather, they insisted, “Jeon Hong-joon, the CEO of Attract, and Jeon Young-joon, the CEO of Star Crew ENT, who promoted this, claimed that it is a malicious evasion of responsibility and spreading false information to lay such a false charge on Dugiverse due to their brotherly relationship.” <\/p>\n

Attract is pointing out CEO Ahn Seong-il as being behind the recent extortion attempt against Fifty Fifty members. A complaint was filed against CEO Ahn and three others on charges of obstruction of business, damage to electronic records, fraud, and breach of trust. On the other hand, Dugiverse is responding by saying, “We will take legal action against the false accusations against CEO Jeon Hong-joon and the company’s representative of Attract and the continuous spread of false information through the media.” <\/p>\n

In the midst of this, the four members of Fifty Fifty, including Kina (20, main rapper), Saena (19, rhythm and main dancer), Shio (18, main vocalist), and Aran (18, lead vocalist), signed an exclusive contract with Attract through their legal representative. An application for provisional injunction to suspend the validity of the contract was filed with the Seoul Central District Court. Both sides are fighting a legal battle.<\/p>\n

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Fifty Fifty 2023.04.27. (Photo = Provided by Attract) photo@newsis.com *Resale and DB prohibited Reporter Lee Jae-hoon = The truth battle between Dugiverse, which was in charge of…<\/p>\n","protected":false},"author":1,"featured_media":353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[1108,303,842,1109,404,1110,1111,843],"powerkit_post_featured":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/posts\/588"}],"collection":[{"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/comments?post=588"}],"version-history":[{"count":0,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/posts\/588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/media\/353"}],"wp:attachment":[{"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/media?parent=588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/categories?post=588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/tags?post=588"},{"taxonomy":"powerkit_post_featured","embeddable":true,"href":"https:\/\/realkpop.com\/wp-json\/wp\/v2\/powerkit_post_featured?post=588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}