According to the most recent allegations, South Korean actor and singer Lee Seung-gi has not been paid for his songs for the past 18 years. On November 17, the actor officially requested a report on his music activities and proceeds through his former management company Hook Entertainment during the previous 18 years. According to the same story, the actor did not receive a dime from the sale of his record.
On November 21, Dispatch reported that in January 2021, the actor received a letter from a Hook Entertainment employee in which he was able to view the revenue and income from the sale of his song. . However, he did not receive any profit or income. When Dispatch just reported that the actor had never received any money from Hook Entertainment, the actor’s accusations seemed to have a basis. During his 18-year music career, Lee Seung-gi wrote more than 130 songs. Because You Are My Girl, his first movie, made him famous in 2004. After his first song produced by PSY, he went on to write more popular songs including Delete. More awards followed for the actor and singer, including two Baeksang Arts Awards, four Mnet Asian Music Awards, eight SBS Drama Awards, and twelve SBS Entertainment Awards.
Lee Seung-songs gi allegedly generated 9.6 billion won ($7.1 million) between 2009 and 2022.
According to Dispatch, Hook Entertainment made a lot of money from Lee Seung-gi’s CDs, but the Return vocalist never received any of it. His first three albums, published in 2004, 2006 and 2007, sold over 100,000 copies each. As the actor’s fame increased at that time, many people used his songs as ringtones. His song was also used as the soundtrack for Cyworld. On the other hand, his former company didn’t pay him anything from the profits and earnings from the music, including royalties.
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PSY, producer of the first Lee Seung-gi’s single Because You Are My Girl, revealed that he received royalties after selling and streaming the song. Hook Entertainment allegedly withheld all profits from the actor’s songs and albums. According to reports, the actor earned more than $7.16 million in income from his songs between 2006 and 2022. In the corporate account of his management company, this amount is reported as revenue.
According to reports, the agency interfered with the revenue and earnings reports of the actor’s musical activities. Dispatch further revealed that sales and income account data from 2004 to 2009 had been destroyed and could not be recovered. It is difficult to say how much money the actor spent and how much profit from his hits at that time. According to the Korean magazine, the total sales will be 10.0 billion KRW (approximately 7.46 million USD). The actor did not make any money from digital sales of his sixth album. According to Dispatch’s story, Lee Seung-gi was repeatedly stoned by his former agency, Hook Entertainment.
According to Dispatch, powerful people at the agency used to mock him.
“Seung Gi! Seung Gi!” Your fans don’t buy the album. They don’t have the money, but they have a lot of desires.”
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Another Hook Entertainment official is said to have convinced him, saying:
“Kim, manager.” Lee Seung Gi ended. Go the right way. Spend less money.”
According to the story, the CEO of his previous company made sure that the actor did not use the company’s credit card for meals or personal spending.
On Twitter, the actor’s fans were shocked and saddened.
Fans have flocked to Twitter to vent their rage against Hook Entertainment, pledging to take harsh action against the company. Fans are outraged at the way the actor’s previous management company treated him. Lee Seung-gi left Hook Entertainment in 2021 to found his own company, Human Made. He most recently appeared in the KBS2 drama The Law Cafe.
[Exclusive] In June 2004, he debuted with his first regular album “Dream of a Moth”. 6,743 days. 18 years. However, he did not receive even one won (music payment) This is clearly a slave contract. Lee Seung Gi.
– TMIKpop (@tmikpop) November 21, 2022
I don’t even have the mind to read the full story of Lee Seung-gi
What they did to him was inhumane. 18 years?? I’m glad he spoke up and left the company, I hope he’s happy and knows how talented he is as an artist and actor. I hope he is surrounded by good people now❤️
— ! (@M_Adeeronke) November 21, 2022
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Let the article source Lee Seung-gi Stated That He Has Not Been Compensated For His Songs In The Last 18 years of website nyse.edu.vn
Categories: Biography