On December 19, South Korean media reported that the brokerage company Attract took a tough stance against former FiftyFifty members, claiming 13 billion won in losses.
Attract is filing a lawsuit against Ahn Sung-il, a former FiftyFifty member and CEO of Dougie Bus, for 13 billion won in damages. Attract said on the 19th that we have filed a claim for compensation and punishment for violating the exclusive contract against the three former members of FiftyFifty, Saena, Sio, and Aran, and filed a claim for damages caused by joint violations to the members, their parents, and CEO Ahn Sung-il.
According to Attract, the estimated amount of damage is tens of billions of won, and considering the additional damages, the complaint specifies compensation of 13 billion won. FiftyFifty member Keena cleared up the misunderstanding with Attract, but the remaining members did not return to Attract, and finally, Attract informed the three members of the exclusive contract and announced their intention to launch a new girl group.
Attorney Park Jae-hyun, the law firm representing the lawsuit, said, "We realize that this lawsuit can be an important opportunity to establish a fair trade order in the entertainment field in addition to simple damages, and we will do our best to pursue the lawsuit."
Fifty Fifty, which debuted in November last year, achieved the highest number of spots in the Billboard main singles chart Hot 100 with "CUPID" released in February, and continues to remain on the charts, gaining global recognition by setting records.
However, in June of this year, seven months after their debut, four FiftyFifty members applied for a temporary injunction to suspend their exclusive contracts due to the unclear settlement of the brokerage company Attract. Alleging that Attract failed to fulfill its obligations to provide billing data and member health management, the court ultimately decided to dismiss the case, and the remaining members of Fifty Fifty are appealing the court decision and taking legal action.
At the same time, on the 18th, a representative of the Korean entertainment industry proposed to revise the "Mass Culture and Art Industry Development Act", known as the "FiftyFifty Act". One representative said that as the international status of K-pop music continues to grow, a balanced development between artists and agencies is necessary to further revitalize the industry, and we will pursue sustainable development.
Artists are not the only ones who work hard to achieve their dreams, producers also persist for a long time for their dreams and run together for their dreams, those who trample on other people's dreams just to satisfy their own greed are the demons who pour cold water on the development of the K-pop industry, and I hope to establish a system as soon as possible to prevent such evil deeds from happening again and prevent such people from entering the industry again.
Yoon Dong-hwan, president of the Korea Music Recording Industry Association, said that as a result of this FiftyFifty incident, some problems have arisen in the industry that may cause some problems, and many problems will occur in the future, and many problems are being exposed, including artists and parents who are trying to use their children for their own benefit, and the external forces that are trying to use these people, as well as the distribution companies, broadcasters, and copyright departments that help with this evil behavior. What do you think of the brokerage company Attract filing a lawsuit against the three members of FiftyFifty and Ahn Sung-il for a loss of 13 billion won?