
Singer Park Hyo Shin is in a legal dispute with his agency, Glove Entertainment.
According to a report by SPOTV News on the 15th, Park Hyo Shin has been in conflict with his agency since last year, citing reasons such as unreceived music revenue and contract fees.
After his exclusive contract with Jellyfish Entertainment expired in 2016, Park Hyo Shin transferred to Glove Entertainment, a newly established planning company. Since then, he has actively released music such as "I Am A Dreamer" and "Sound of Winter" with Jung Jae-il, and the drama "Mr. Sunshine" OST "That Day," and has also appeared in musicals such as "The Man Who Laughs" and "Phantom.".
However, Park Hyo Shin's activities have been minimal since 2019. He released two singles, "Goodbye" and "Lover," held a fan meeting "Park Hyo Shin STPD2019 Lovers: Behind The Scenes," and a solo concert "Park Hyo Shin Live 2019 Lovers: Where Is Your Love?" After that, there were no activities at all.
Since this time, Park Hyo Shin has been in conflict with his agency over financial issues such as unreceived music revenue and contract fees. In particular, Park Hyo Shin has not received the exclusive contract fee promised at the time of his exclusive contract in 2016 for nearly six years, and since 2019, he has complained of suffering from not receiving settlement fees for fan meetings and concerts, as well as music revenue.
Last year, Park Hyo Shin requested the termination of his exclusive contract from his agency, but the agency did not accept, leading to a major conflict between both parties. It is reported that both parties are continuing legal battles over the termination of the exclusive contract.
Park Hyo Shin recently directly posted on his fan club, Seoul Tree, informing his fans of his situation for the first time. Park Hyo Shin said, "I never imagined that I wouldn't be able to do any activities since the Lovers performance in 2019," and added, "The settlement fees that had been postponed little by little from before have accumulated to include concert settlement fees, and I have been unable to receive them. For the past three years, I have reached a situation where I cannot receive music revenue and exclusive contract fees.".
He continued, "I endured and made many efforts to resolve the situation amicably, but the waiting time was repeated and only got longer. Contrary to my prayers, the situation did not improve, and I eventually decided that I could no longer continue with my current agency," announcing his separation from the agency.
The two parties still cannot find common ground and continue to be in conflict.
Article Source: ⓒ SPOTVNEWS
These are English translations of articles from our GTTOUR Japanese website. |