This is an escalation within the feud between the star and the company.
According to an unique report by News1, Lee Seung Gi has despatched an official discover to HOOK Entertainment stating his want to terminate his contract on the grounds that the label had violated their settlement.
The discover marks an escalation in an already tumultuous relationship between Lee Seung Gi and the company he has been with for the previous 18 years.
According to a consultant of Lee Seung Gi, the star had just lately despatched his response to the accounting data, however that HOOK Entertainment had didn’t fulfill his request for a clear accounting of the income generated from his actions. The consultant said that regardless of acknowledging a discrepancy in regard to income generated by way of Lee Seung Gi’s music profession, they didn’t make any makes an attempt to rectify it.
To this, in keeping with the consultant, Lee Seung Gi felt the label didn’t fulfill the commitments specified by their contract and that it was inconceivable to come back to an settlement.
Currently, it appears to be like like it could be laborious to come back to an settlement. We hope HOOK Entertainment will take accountability and supply a clear (accounting) of the income generated from (Lee Seung Gi’s) music.
— Lee Seung Gi’s consultant
Previously, HOOK Entertainment’s CEO, Kwon Jin Young, in a press release, had admitted to there being discrepancies within the accounting and had promised to meet her monetary obligations — going so far as stating she would liquidate her belongings to take action.
The fallout between Lee Seung Gi and the one company he has ever identified stems was first revealed in an explosive Dispatch exposé. In the article, the label was alleged to have by no means paid Lee Seung Gi throughout his illustrious music profession and had gaslighted him into believing he was a non-profitable “Minus Singer.”
Subsequent articles uncovered Kwon Jin Young’s alleged abuses towards Lee Seung Gi and his supervisor. One of which is an audio recording of an individual alleged to be the CEO threatening to kill the singer.
Stay tuned for updates.