Hook Entertainment Releases New Statement Regarding Conflict With Lee Seung Gi Over Unpaid Music Earnings

Hook Entertainment Releases New Statement Regarding Conflict With Lee Seung Gi Over Unpaid Music Earnings

Hook Entertainment has responded to G.I. Seung Lee‘s legal representative says the singer has not been paid for his music releases in the last 18 years.

Earlier this month, it was revealed that Lee Seung Gi had sent a content certification to his agency Hook Entertainment, requesting a transparent disclosure of the payment. Recently, the agency’s office building was also attorney and wanted by the National Police Agency’s Serious Crime Investigation Division due to suspicion of embezzlement by some executives. On November 21, Dispatch released a report claiming that Lee Seung Gi had not received any of his income from his music and that he was five years short of statements from 2004 to 2009. Hook Entertainment CEO Kwon Jin Young briefly answered They are in the process of fact checking. On November 24, Lee Seung Gi’s legal representative confirmed that Lee Seung Gi had never found out about his music earnings and had been receiving insults and threats when he asked for the details of the deal.

In addition, several media raised questions about the veteran singer lee sun heeLee Seung Gi’s relationship with Lee Seung Gi’s unfair treatment as she is listed as a director of Hook Entertainment.

On November 25, Hook Entertainment shared their stance on the above matters with the following statement:

Hi, I’m Hook Entertainment.

First of all, we are embarrassed and would like to apologize to everyone for the continuous negative news that has surfaced recently, as well as the current issue between us and Lee Seung Gi. In particular, we would like to express our apologies to Lee Seung Gi, who is having a difficult time because of this.

We would also like to bow our heads and apologize to those who were hurt by CEO Kwon Jin Young’s inappropriate words and actions.

As previously mentioned in Hook Entertainment’s press release, we were in the process of obtaining and organizing accurate data to respond to the content certification we received from Lee Seung Gi’s legal representative. It is unfortunate that the media have been reporting information that has not been accurately verified.

When Hook Entertainment and Lee Seung Gi signed an exclusive contract again after originally ending our exclusive contract in 2021, both parties checked all the details of the agreement. [Lee Seung Gi’s] career, and we settled the financial bond debt relationship between our company and Lee Seung Gi. Both parties also wrote an agreement confirming such facts.

However, following Lee Seung Gi’s request, Hook Entertainment is once again closely reviewing with experts the considerable amount of liquidation winnings that Hook Entertainment has paid to Lee Seung Gi.

In addition, the recently released report by a certain media outlet about the content of Lee Seung Gi and Hook Entertainment’s contract, such as the profit-sharing ratio, etc., as well as the report about Hook Entertainment never paying Lee Seung Gi a time for his music income. they are different from the truth.

Currently, we are planning to organize things clearly and correct and take responsibility for our mistake, if it proves to exist. As a celebrity management company that should have maintained relationships with its artists based on faith and trust, we apologize once again.

Also, in the case of Lee Sun Hee, because she was an artist who has been with Hook Entertainment since the beginning, she was nominally listed as a courtesy director, but from 2006 to 2021, Hook Entertainment was a sole proprietorship. owned 100 percent of Kwon Jin Young’s shares, and Lee Sun Hee was never involved in company management matters or profit distribution.

Along with this, Hook Entertainment also announces that we will not tolerate the act of slandering and harming their artists due to speculation about it and will take strong legal action through our legal representative.

Thanks.

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