ENTERTAINMENT
Dugibus "Fifty Fifty Profit Settlement, I've Never Missed"
On the 14th, Dugiverse refuted, "Recently, CEO Jeon Hong-joon claimed that Dugibus mistakenly omitted Fifty Fifty's earnings at the interrogation date for the suspension of the exclusive contract on July 5, but this is not true." "Currently, one of the main issues in the lawsuit between attract's agency and the artist is the accuracy and transparency of the statement of accounts. Attract is omitting the settlement of revenue details, and now it is evading responsibility, blaming Dugiverse," he said. I'm trying to explain the facts with my heart."
The Dugiverse explained, "In August 2020, Star Crew ENT signed an advance payment investment distribution contract with Interpark. As a result, the project for the debut of a new girl group started, and the attract corporation was established in June 2021." did. "In July 2022, in order to raise the production cost that was insufficient at the time, Attract delivered the completed sound source of 'Tell Me', a song from the 1st album of Fifty Fifty, to Interpark. Interpark paid an advance to Star Crew ENT in the name of girl group production costs In fact, from the standpoint of a service worker, Dugiverse is not in a position to care about the flow of funds, why attracts were deposited into Star Crew ENT instead of directly receiving the advance payment." However, "On July 10th, Interpark announced to the media that 'the investment contract is not an investment for Fifty Fifty, and the members have no obligation to repay'. Interpark's advance payment has nothing to do with Attract. However, it is true that I wondered if there was really no correlation between Fifty Fifty's sound source and the part where the advance payment was given as collateral for future production."
The Dugibus side pointed out, "The most absurd and unfortunate part from the Dugibus point of view is the part where they frame the company for the mistake of attract's settlement." Then, he explained, "There were times when we delivered the payment statement to the artist late, but we never missed any details. At the time, we acknowledged the delay in delivering the payment statement to the artist and asked for understanding from CEO Jeon Hong-joon and the artist." "However, when the statement of accounts was written, there was no record of 'Fifty Fifty's album sales and music revenue' that the distributor (Interpark) had to pay to Attract. The record income of 0 won was reflected in the statement without omission, and Dugiverse is not responsible for the omission of income in Fifty Fifty's statement of income."
Dugiverse said, "Rather, the Attract representative Jeon Hong-joon and the Star Crew Ent representative Jeon Young-joon, who promoted this, have a brotherly relationship, so putting such false accusations on Dugiverse is a malicious avoidance of responsibility and the spread of false information."
Attract, Fifty Fifty's agency, and Dugiverse, a video/record/content agency that was in charge of outsourcing, are fighting the truth about the alleged extortion of Fifty Fifty members.
◆ Full text of Dugibus official statement
The truth behind the Fifty Fifty controversy (2)
Recently, CEO Jeon Hong-joon claimed that on July 5th, on the date of the exclusive contract suspension hearing, Dugiverse's mistake made Fifty Fifty's earnings details missing, but this is not true.
Currently, one of the main issues in the lawsuit between Attract's agency and the artist is the accuracy and transparency of the settlement statement. Attract is omitting revenue statements and now evading liability, framing Dugiverse. I would like to explain the facts with an unfair feeling.
In August 2020, Star Crew ENT signed an advance payment investment distribution contract with Interpark. As a result, a project for the debut of a new girl group was started, and the attract corporation was established in June 2021. In July 2022, in order to raise the production cost that was insufficient at the time, the completed sound source of 'Tell Me', a song from Attract's 1st album Fifty Fifty, was stocked at Interpark. Interpark paid Star Crew ENT an advance in the name of girl group production costs. In fact, from the standpoint of a service worker, Dugiverse is not in a position to care about the flow of funds, why attracts did not receive advance payments directly, and were deposited into StarCrew ENT.
However, on July 10th, Interpark revealed through the media that "the investment contract is not an investment for Fifty Fifty, and the members have no obligation to repay." It was revealed that Interpark's advance payment had nothing to do with the attraction, but it is true that there was no correlation between the sound source of Fifty Fifty and the advance payment given as collateral for future production.
The most absurd and unfair part from Dugiverse's point of view is 'the part where the company is responsible for blaming attract's settlement mistake'. We have delivered the settlement statement late to the artist, but we have never missed any details. At the time, we acknowledged the delayed delivery of the artist's account statement and asked for understanding from CEO Jeon Hong-joon and the artist. However, when writing the statement of accounts, there was no record of 'Fifty Fifty's album sales and digital music revenue' that the distributor (Interpark) had to pay to Attract. Based on Attract's data, Dugiverse reflected '0 won in music/record income' as it is in the settlement statement without omission, and Dugiverse is not responsible for the omission of income in Fifty Fifty's "calculation statement."
Rather, Jeon Hong-joon, the CEO of Attract, and Jeon Young-joon, the CEO of Star Crew Ent, had a brotherly relationship. Placing such false accusations on Dugiverse is a malicious evasion of responsibility and the spread of false information.
Reporter Kim Ji-won, Ten Asia bella@tenasia.co.kr
