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TVXQ United Against SM?
There are now new UNOFFICIAL updates floating around in Korea as millions of Cassopeias are going sleepless and searching for more information about their beloved group. Apparently, Yoochun and Junsu have been going around together looking for law firms during their vacation so this was certainly not something that happened overnight.
While all seems calm for now, following the official statement from SM Entertainment, many are awaiting with anxiety with regards to what else will happen in the morning. Many are wondering if SM Entertainment are just papering over the cracks. As of now, all TVXQ notices and schedules on the SM Entertainment homepage have been deleted, including the SM Town Concert schedule.
Perhaps not strange to many but odd considering that they are SM Entertainment’s #1 group now, and TVXQ has had a 13 year (according to some) “slave contract,” with SM Entertainment. And TVXQ members have only received a 0.5% increase in salary over the past 5 years despite their amazing success and huge fanbase. All 5 membersare actually preparing to sue SM Entertainment because of this, not just Junsu, Yoochun, and Jaejoong.
Junsu’s dad had been the representative of the 5 members and was at the head of the preparations to sue SM Entertainment. But SM entertainment found out about the pending lawsuit and proceeded to “bully around” Junsu. Yunho and Changmin aren’t sueing SM at the moment, but neither are they resigning with SM at the end of their contract. Contrary to rumors, there has been no conflict within TVXQ members, and the whole issue is been between the members and SM Entertainment.
SM has been taking from 70%-90% of the profits that TVXQ makes, leaving only 10%-30% for the members themselves. Most people think that Jaejoong, Yoochun, and Junsuwill win their case because it is against Korean law to make “slave contracts.” And slave contracts they are, receiving less than half is a stretch, but 10%?!?!
Ever since Jaejoong, Yoochun, and Junsu started the cosmetics endorsements, SM Entertainment began to try and put down their efforts, wondering why the members were trying to go into business without first consulting with them. Junsu was being pushed around by a lot of upper officials in SM Entertainment because of his dad’s involvement and his private endorsements.
Yunho and Changmin aren’t betraying TVXQ for not being involved in the law suit. They all have wanted to leave SM Entertainment, but couldn’t because of their contracts. Even if they had wanted to leave, the amount of money fighting lawsuits would be enormous. All 5 members are standing together against SM. It is very distinct that this isnot a TVXQ vs. TVXQ fight, but rather a TVXQ against SM fight.
It should be noted that Jaejoong, Yoochun, and Junsu do not want to completely terminate their contract, but they do want major revisions to be done to their contract so that the corrupted control that SM Entertainment has over them can be dissolved.
shared by: hanleidbsk@wordpress
SM Entertainment’s Official Stand on TVXQ
“TVXQ absolutely must continue actitivies.”
No need to worry girls, things are starting to look much brighter! Earlier reports were looking bad in terms of the relationship between TVXQ and SM Entertainment, SM Entertainment has however released an official statement about the current issue.
SM Entertainment stated, “TVXQ is a band that represents Asia, they must absolutely continue actitivies. The cosmetics company issue, will be resolved.”
Can’t wait for the images to come out!
Remember last month about the “supposed false rumor” that TVXQ / DBSK / Tohoshinki was breaking up? Well, it seems that information may have actually been true. According to this source, it states that on July 31st 3 TVXQ Members, specifically Micky Yoochun, Jaejoong, and Xiah Junsu filed an injunction against SM Entertainment in the Seoul Central District Court to remove the “non exclusivity clause” in their contract. Yunho and Changmin have decided not to file an injunction. Basically the three of them supposedly had meetings with a Chinese cosmetic company and launched a new cosmetic line called CreBeau. They invested some of their own money and also in turn received some lucrative gifts from the Chinese company as an incentive package for signing up and investing. Some of the rumored gifts includes Micky’s Audi R8 and the townhouse for Xiah’s parents.
SM Entertainment supposedly got wind of this news and because SM Entertainment has the “exclusivity clause” in their contract, SM Entertainment tried to prevent this from happening. Unhappy with this, and already unhappy that they feel they’re being underpaid profit-wise from album sales, you can understand why they’re trying to terminate the “exclusivity clause” in their contracts. There’s also rumors that if a favorable agreement isn’t met, the three will be leaving the group for good. SM Entertainment via phone to one of the Korean news media outlets stated that they are aware of the situation, the board of directors is having an emergency meeting and are discussing what to do. They’ll have an official statement soon.
Wow, this is crazy. I wonder how this will effect their arrangements with AVEX in Japan? This isn’t new for SM Entertainment as they had their problems with H.O.T. in the past. I just hope that this doesn’t result in an actual disbandment and that everyone can come to peace. TVXQ is a very talented group and they shouldn’t break up, they have a great thing going.
[T/N] The news is true about them requesting to removing from the company. Just no breaking up
Omo! I’m going crazy thinking about this news!.. I can’t think properly whether to go straight to the conclusion that there are possibilities that they would disband!…omo! please god NO!.. I’ll really pray for them to be alright..
One of Asia’s biggest group Dong Bang Shin Ki, has 3 of its members in a possible lawsuit against their own company SM Entertainment.
Dong Bang Shin Ki members Xiah JunSu, Micky YooChun and Hero JaeJoong had gone to Seoul Central District Court to hand in an application for provisional disposition to terminate all effects of their exclusive belonging rights contract with SM on 31st July.
It has been known that their reasons for doing so is that the contract with SM Entertainment has many irrelevant conditions attached. It is also known that the content to the contract the 3 members cannot agree to includes having them belonging exclusively to SM Entertainment for 13 years and also unhappiness over profit allocation.
The lawyer responsible for this case said, “We are currently preparing for a lawsuit against SM for this contract. (About the reasons to why) We cannot reveal the details now.”
There has also been saying that the 3 members have differing views to SM on their upcoming ‘Dong Bang Shin Ki cosmetic enterprise expansion’.
Currently out of the 3 members, JunSu is already doing a cosmetic business with his parents. It is said that there were plans for the company to operate a cosmetic business, with sheep placenta as the main ingredient, using the group’s name as the brand name in Seoul GangNam and GyeongGiDo IlSan. It is said that there were also plans for the business to be launched in China bringing in hundreds millions KRW in profit.
But it has been said that the 2 sides are having some differing views and also complications arose through their discussion on how the product and brand will go.
Follow up #1:
What will happen to the 3 members’ activities scheduled for Dong Bang Shin Ki? there is the upcoming SMTown Live 09 on 16th August. It seems that the members may not be appearing for the concert with their lawsuit with the company.
Especially with all the rumours lately about ‘disbanding of Dong Bang Shin Ki’. To add on, one of the 3 members’ parents have also established their won entertainment company in China.
Fans are also very taken back by this incident. Many have voiced their disbeliefs on various discussion forums.
Follow up #2:
One of the Korean new media No Cut News has known through phone call from SM that SM said, “We are aware that some of the (DBSK) members have some disagreements with the company, but we do not know that they have sparked a lawsuit wth the company. The director board of the company is currently having an urgent meeting in an undisclosed place in Seoul to discuss about their countermeasures.”
They also added, “We will have our official stand asap”.
Whoa London?! how come I didn’t see the paper?!..lol
and do we have Korean town here in London? All I know that we only have China Town…??..hehe
and the texts are in Korean eyy!..i wonder..haha
cre: 日BO + baidu[浏览贴子]