Lee Seung Gi has requested to terminate his contract with Hook Entertainment.

On December 1, a consultant for Lee Seung Gi revealed, “Today, Lee Seung Gi sent a termination notice for his exclusive contract to Hook Entertainment.”

Last month, Lee Seung Gi despatched a certification of contents to Hook Entertainment asking for clear disclosure of cost. A number of days later, it was reported that Lee Seung Gi had not acquired any music income over the previous 18 years, which Hook Entertainment briefly responded to. Following a statement from Lee Seung Gi’s authorized representatives concerning the revenue problem, Hook Entertainment shared one other response denying the claims and saying that they had been carefully reviewing the matter.

This previous week, it was reported that Lee Seung Gi had lent Hook Entertainment’s CEO billions of gained (thousands and thousands of {dollars}) over the previous eight years, which the CEO bought a luxurious house with. Hook Entertainment responded that they’d nothing to do with the CEO’s private issues whereas CEO Kwon Jin Young defined that the house buy had nothing to do with Lee Seung Gi.

On November 28, Lee Seung Gi’s authorized representatives shared a brand new assertion to disclaim Hook Entertainment’s claims about paying the artist his music income. Shortly after on November 30, Hook Entertainment CEO Kwon Jin Young despatched emails to media shops stating that she’s going to take full duty for the controversy associated to Lee Seung Gi’s unpaid music income and that she’s going to eliminate her private property to hold out the duty.

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