
There has been evidence shown to prove that there has been problems with the company’s contract with its artists before B.A.P has filed a lawsuit against them.
On the 26th, the six members of B.A.P (Bang Yongguk, Himchan, Youngjae, Daehyun, Jongup, Zelo) has filed a lawsuit to nullify their contract with their company TS Entertainment. The company has reacted to this lawsuit on the 27th, stating that “the slave contract is not true, the company has supported B.A.P for all their activities and were working with them to the fullest to help reach a common goal” and “we granted the artist a momentary hiatus because we respected our artist and put them as our top priority”.
A broadcast official testified new information based off of the company’s explanation and stated “Other than B.A.P, TS Entertainment’s other artist, Group A, had many appearances to events and released albums but practically received nothing from their profits”.
This official said “Despite their activities, such as attending university events, they still receive $700 a month and help with producing music and lyrics inside the company.” He added “they probably didn’t receive proper calculations or any statements regarding their profits,” Also, “a fairly popular Group B also had issues with their profit distribution and every time a member would complain, the company would temporarily comfort them with gifts.”
It has been reported that Group A has recently been receiving profit statements this year. Compiling the officials testimonies, Group A has been active for 8 years but they never received a clear explanation of their earned profits. An associate of TS revealed “There is a separate accounting team so they would know the specifics, but it is true that the company failed to be clear with their singers regarding their profit distribution and contract terms,” and added “There has been a lot of talk amongst the artists about the lack of clarity regarding their profit distributions,”
The TS public relations official told
“This problem is not limited to B.A.P…it is something we need to work on together”
B.A.P’s representatives argued that “3 years after our debut we have made an estimated $10 million in sales, but we only received $18,000 per member” and “the term of the contract started not on the date that we signed but it was calculated to start on the day of our first album release. We released 11 albums from our debut in January 2012 and with endless oversea promotions our health has worsened considerably,”
According to B.A.P representatives accusations, TS Entertainment hasn’t followed the Fair Trades Commision laws created in 2009 regarding the “Right to consent on entertainer activities”, “be against the explicit intent of the contracts prohibitions”, and the “right to refuse unfair demands”.
TS Entertainment was started in 2008 by the manager of the popular late 1980’s to 1990 group, So Bang Cha. Without a particular income during the early start of the company, it was in danger of bankruptcy. With artists’ perseverance and hard work has given the company its standing ground and began growing relatively quickly, getting attention from the music industry.
trans. cr; Nicole @ baptrans ; take out with full credit
source: baptrans + ohmynews
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Date: 2014-12-02 03:35 pm (UTC)no subject
Date: 2014-12-02 03:44 pm (UTC)no subject
Date: 2014-12-02 03:47 pm (UTC)Secret should sue too tbh but I guess they don't wanna mess with what they have i.e 3/4 with fairly decent careers
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Date: 2014-12-02 04:14 pm (UTC)#justiceforallTSartists
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Date: 2014-12-02 04:28 pm (UTC)Does anybody have an idea of what will happen to B.A.P? Is it possible for them to move to a new label and bring all of their music with them, or will they not be allowed to transfer their discography since technically TS owns it?
I know Block B went through something similar but I don't really know what happened with them since I don't pay attention to them.
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Date: 2014-12-02 05:00 pm (UTC)no subject
Date: 2014-12-02 05:20 pm (UTC)no subject
Date: 2014-12-02 06:29 pm (UTC)no subject
Date: 2014-12-02 10:36 pm (UTC)no subject
Date: 2014-12-02 06:50 pm (UTC)no subject
Date: 2014-12-02 07:14 pm (UTC)I hope B.A.P gets away from TS and signs with someone else (though, I would understand if they stayed with the devil they know and just renegotiate their contracts).
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Date: 2014-12-02 08:03 pm (UTC)