Hook Leisure releases an official assertion of apology for authorized points involving Lee Seung Gi

On November 25, Hook Leisure issued an official assertion of apology for the authorized points involving singer/actor Lee Seung Gi. 

First, the administration company apologized to the general public for inflicting a disruptive incident within the leisure business, and likewise relayed an apology to Lee Seung Gi for the hardships he suffered. Nonetheless, the corporate moreover claimed that earlier media outlet experiences, which said that Lee Seung Gi’s music earnings have been withheld one-sidedly all through his 18-year profession, have been false. 

In the meantime, earlier this week, Lee Seung Gi forwarded a authorized request demanding a clear document of his earnings and funds from Hook Leisure, believing that the label was withholding his earnings made via the distribution of his music. Quickly afterward, it was reported that the CEO of Hook Leisure, Kwon Jin Younger, threatened and verbally insulted Lee Seung Gi, inflicting shock. The CEO ultimately apologized after her misconduct was made public; nonetheless, additional experiences of unfair remedy Lee Seung Gi allegedly suffered through the years as an artist beneath Hook Leisure continued to trigger anger. 

Learn Hook Leisure full assertion, under:

“Hiya, that is Hook Leisure.

At the start, we’re deeply ashamed and wish to apologize to many individuals for the poor picture that we confirmed via the latest information, together with within the issues of the authorized battle with Lee Seung Gi. We wish to additionally take this chance to relay our apologies to Lee Seung Gi, who’s undoubtedly present process hardships due to latest occasions. Moreover, we bow our heads in apology to all those that have been harm and shocked by CEO Kwon Jin Younger’s verbal misconduct.

As we beforehand revealed in an earlier assertion, we’re at present nonetheless within the technique of organizing the document requested by Lee Seung Gi’s authorized consultant. Whereas now we have not accomplished the method, unconfirmed details about Lee Seung Gi’s income and earnings are being reported by media retailers, which we discover unlucky. 

In 2021, when Lee Seung Gi’s authentic contract with Hook Leisure expired and the artist signed a brand new contract with the company, either side confirmed all monetary data from the artist’s debut as much as the date of the contract’s expiration, with all due funds being fulfilled. Either side signed a mutual settlement confirming that monetary tasks have been absolutely carried out by either side. 

Regardless of so, based mostly on Lee Seung Gi’s latest authorized request, Hook Leisure has enlisted the assistance of economic specialists to compile a whole and thorough document of all funds made to Lee Seung Gi up till now.

Moreover, we wish to make clear right now that the latest media outlet experiences, which claimed that Hook Leisure didn’t pay Lee Seung Gi any of his music earnings since his debut and that the distribution of earnings between Hook Leisure and Lee Seung Gi is illegal, are each false.

After an intensive revision of data, ought to there be any tasks that we failed to meet financially, Hook Leisure intends on correcting all errors accordingly. As soon as once more, we really feel ashamed and apologetic relating to the truth that we failed to indicate a mannequin picture as a administration company, whose major accountability is to keep up wholesome relations with our company’s artists based mostly on belief and loyalty. 

Lastly, within the case of singer Lee Solar Hee, she could also be listed as a board member of Hook Leisure as a courtesy measure as a result of the truth that she has been an artist with the corporate since its founding, she the truth is has no say in any of the corporate’s administration or monetary affairs. From 2006 till 2021, 100% of Hook Leisure’s shares have been held by CEO Kwon Jin Younger. 

Any additional makes an attempt to defame artists beneath Hook Leisure in an identical method, together with via the unfold of false and unconfirmed info, might be met with sturdy authorized motion.

Thanks.”