Kim So Eun looking pretty (as usual)
2014-08-02 12:02 am
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source: thecelebrity, imagazinekorea, KimSoEunIna 1 2 3, movist
































































Trademark rights with ‘Jun Media’…Court ‘Calculating the profits, Shinhwa has to pay up 100million won (~97,000 USD)”
'Shinhwa's' side has lost in the dispute over 'Shinhwa's' name, and has ended up in a position where they have to pay over a hundred million won worth of “name usage fees”.
It was revealed on the 26th that the Civil Case Department #13 of the Seoul Central District Court (Judge Shim Wooyong) ruled partially in favour of plaintiff Jun Media in their case against Shinhwa’s agency, Shinhwa Company, asking for Shinhwa Company to “pay up 141.13 million won (~ 137,000 USD)." Jun Media was given full rights to the name of ‘Shinhwa’ from SM Entertainment.
On the other hand, the judge had ruled against Shinhwa Company in their case against Jun Media, asking Jun Media for 183.18 million won (~178,355 USD).
The dispute started as early as in 2003, when the contract between SM Entertainment and Shinhwa ended.
SM Entertainment signed a contract with Shinhwa’s new agency, Good EMG, agreeing to give them the rights to use of the name ‘Shinhwa’. Also, after completing the registration for the trademark of ‘Shinhwa’ in 2005, they entrusted it to Jun Media, and handed it over fully to Jun Media the following year.
After that, Shinhwa left Good EMG, independently set up a new agency called ‘Shinhwa Company’, and signed a contract with Jun Media on the use of ‘Shinhwa’s’ trademark in 2011.
Sources: malpabo.tumblr.com, Soompi, OneHallyu, News1, Osen
Comment: This is a bit old now but thought it should be posted.