for those of you who don't knwo the deal it is that SM keep most of the profit...the ratio being 8:2 or even 9:1. Tvxq is currently under a contract with that which goes on for 13 years. There is an "exclusive clause" under the contract which stops the member from doing basically anything SM wouldn't want them to do.
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I am proud of the boys taking a step foward. I mean it really is a "slave contract" that they are in, and the ratio is just pathetic. And there are fans worrying about the group disbanding, but seriously that is not going to happen. First of all, I dont think sm is that stuipd to actually let the jewel of their empire go, I mean they generate the most profits for them in their company. Plus, Avex is directly connected to sm, and sm lets the boys go, avex is not going to happy, and this will create more court problems. Well, this my view. Things looks better than there were since the morning time. Hope this all works out for the good.
One thing that did blow my top was Junsu being "bullied" by some of the sm heads because his dad was helping the boys out. I mean really thats enough.
And I believe they already filed a contract. I cant wait to see them perform tomorrow for A-nation.
credit to kpopjjang
It seems that the Chinese fans have also joined in the fan panic with the news of danger that Dong Bang Shin Ki will disband.
On Chinese Sina.com and other media, there were reports about Dong Bang Shin Ki members Xiah JunSu, Micky YooChun and Hero JaeJoong going to Seoul Central District Court to apply for provisional retractile of their exclusive rights effect from their contract with SM Entertainment.
It was reported, "With this news of a lawsuit by the Dong Bang Shin Ki members, many of Dong Bang Shin Ki's fans have been taken aback, especially for their official fan-club Cassiopeia, they are in a panic state."
With these reports, Chinese fans said, "If this is the route they choose, we will support them", "But still this is the company that groomed them to be top stars, isn't that a little too much?" with various responses.
Meanwhile, it has been known that members UKnow YunHo and Max ChangMin has decided not to join the rest of the members in this pending lawsuit.
With these news, there have much speculations that the chance of the group disbanding is high since it has been more than 5 years since they debuted in 2005.
But with that, SM Entertainment released official statements:
of course everyone is remembering the H.O.T and Shinwa incidents. I am scared. š I even had a dream about them..and it's rare that I see them in my dreams.
SM are to hand in all "account books, the contract, receipts, transfer slips and all other documents" as the members file for a 'preservation of evidence'
It has been found that YoungWoong Jaejoong, Micky Yoochun and Xiah Junsu, members of boy band 'TVXQ', have filed a preservation of evidence request form along with their lawsuit against SM Entertainment.
The Exclusive Contract Validity Suspension and Provisional Disposition Request Form that was filed against their current entertainment agency, SM Entertainment, was followed by a lot of attention towards the uncertain future of TVXQ and many people were curious as to why they also filed for a preservation of evidence request.
Through the law firm Sejong, the three members YoungWoong Jaejoong, Micky Yoochun and Xiah Junsu filed for the preservation of evidence request. This can be seen as an act of gathering evidence in the case that it is found that SM has not been faithful to keeping the contract of TVXQ in accordance with the law.
This conclusion can be made because when one is face with a preservation of evidence request form, they must hand in all account books, contracts, receipts, transfer slips and all other documents related to the parties in question.
-part edited out-
However, Lawyer Lim Sang Hyuk from law firm Sejong, who is representing the three members in this case, stated in reference to SM's official statement that, "The cosmetic company, which may have caused some disagreements amongst TVXQ in an emotional point of view, was not the reason TVXQ filed the lawsuit. After reading the official statement of SM that was released on the first of August, we found that they made the cosmetic company a larger issue than what it actually is. It is wrong to think that TVXQ would file a lawsuit just because of a company that isn't even TVXQ's main work priority."
Source: No Cut News + DNBN
Translations: jeeelim5@iscreamshinki
I am actually back to my worry state. I cant believe SM didnt tell the boys their exact income for all these years. And I hate the fact that the korean media is actually putting a lot of fire into the issue spreading stuff of the boys separating into two groups and some fans are actually making up stuff. For example the UFOs released today that were claimed to be written by Changmin and Jaejoong were actually written byfans. Atleast, A-nation went well today.
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