SM to remake DBSK's contract and possibly other SM artists' too

[kimt08.livejournal.com]

SM Entertainment CEO's Kim Young Min, who is involved in the ‘unfair contract’ dispute with his artistes, has recently announced a new contract policy, and that it will be put into action once it gets approved by the related authorities.

SM Entertainment Representative, Kim Young Min, who attended the press conference which was held on the 2nd of November 2009 at 63 Tower, has expressed, “We would collect all comments from music and entertainment industries, related government departments, cultural and tourism board, fair trade departments, educational circles and legislative bodies, based on the law to adjudicate a new contract policy. After the approval from the respective authorities, we would then put it into action. Then follow it (new contract policy) enthusiastically.”

Kim agreed, “If we are able to come out with a new exclusive contract policy based on the law, SM would like to re-contract with all current artistes based on it.”

Kim also expressed, “Under the new exclusive contract, the moment it’s signed it would be protected till the contract ended, if not the current situation would repeat over and over again in the future.”

“In order to prove that what have just I said is nothing but the truth, we would first like to take the advice from the impartial committee,” he said.

But, everyone was not able to fully believe this announcement by SM Entertainment. Professor Lee from Korea Art University stated, “If SM do not wish to have what they have just said to turned into nothing, then they should assure them.” He continued, “Based on what SM have said, they do not wish to fully take on the advice from the impartial committee, but to forcefully come out with a new contract policy, which was questionable (their announcement).” Professor Lee ended, “If SM was really sincere about this, they should work on the new contract based on the advice and not vice versa, and then to get it approved by the representative authorities.”

Source: OhmyNews + OhMicky
Translation: sshutingg @ OneTVXQ.com
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }

So technically, DBSK may or may not win the lawsuit BUT the won a new contract...which is exactly what they need, I think ;)

Comments

[shiddex.livejournal.com]

now that's good news for once.
TWIN ICONS!

[kimt08.livejournal.com]

LOL AWESOME!

[iheartdarkblue.livejournal.com]

I hope they do actually change it for the better.

[joongified.livejournal.com]

so no more stupid disbandment rumors?

[carmelxboo.livejournal.com]

hopefully :

[simply-yunjae.livejournal.com]

OMG GOOD NEWS ?!

[iheartdarkblue.livejournal.com]

OMG YES I HOPE SO.

[babybluedream.livejournal.com]

good. *_*

[riiche.livejournal.com]

“Under the new exclusive contract, the moment it’s signed it would be protected till the contract ended, if not the current situation would repeat over and over again in the future.”

Just to clarify. Is he referring to the content of the contract being protected? Because if he is, I don't see how this is a good thing.

[shopaholism.livejournal.com]

Well, it isn't the current contract that would be protected. According to the article, the contracts would be reworked under the advisement of a number of authorities, and then the artists themselves would have to approve of the changes. I doubt that at least the members of TVXQ would sign themselves to something exploitative again.

[stage-persona.livejournal.com]

I really hope this are good news.
I don't know if i'm just naïve

[shopaholism.livejournal.com]

LARGE SIGH OF ANTICIPATORY RELIEF

[liberta-anima.livejournal.com]

... this could be good... at least, i hope it is.

[blooberrie.livejournal.com]

OMFG GOOD NEWS? :DDD

[blooberrie.livejournal.com]

FFFFFF I DID A LITTLE DANCE IN MY CHAIR

[soulmatedialect.livejournal.com]

omg yay (i think?) o-o

[hospitalise.livejournal.com]

all was well :)?

[breathe-ai.livejournal.com]

*crossesfingers* >_<;

[kyoko-hino.livejournal.com]

*and prays*

[now0anon.livejournal.com]

Uhm. Too little too late. tbh I doubt they can make enough fabulous changes that will make JaeChunSu want to stay, this is probably just for the other artists under SM so they don't bring more lawsuits in the future.

[jhj2001.livejournal.com]

they better stay or i will start to believe that they're ungrateful brats and it ain't gonna be pretty

[xcherryblossomx.livejournal.com]

That sounds good!

Hope they really change those contracts entirely and not just one fucking line in them.

[x-saru-x.livejournal.com]

O mai. I can't believe a part of this whole situation just made me smile o.o

Yay? X3

[paperbinned.livejournal.com]

I'm not sure if I should dance for joy or not, so... /spirit fingers?

[poppy-sky.livejournal.com]

MTE, for all we know they could alter those contracts to SME's favor... :/

[yulins.livejournal.com]

good!

[jaesther.livejournal.com]

it better be real.

[xinliyoushu.livejournal.com]

Good news, I hope. >_<

[julili.livejournal.com]

I am confused, does this mean that the fuckery is over or that more fuckery is to come?

[iheartdarkblue.livejournal.com]

I say that it means there's more fuckery to come. /is pessimist

[papyong.livejournal.com]

Things are starting to look up, at last.

[shoiryu.livejournal.com]

I guess we'll see soon enough, won't we?

[beauty0fparting.livejournal.com]

is this good?

[inheritable.livejournal.com]

Yes.

[jkkwai.livejournal.com]

:|
unsure what to make of this