Hook Entertainment Releases New Statement Regarding Conflict With Lee Seung Gi Over Unpaid Music Profits


Hook Leisure has responded to Lee Seung Gi’s authorized consultant saying the singer has not been paid for his music releases over the previous 18 years.

Earlier this month, it was revealed that Lee Seung Gi had despatched a certification of contents to his company Hook Leisure, asking for clear disclosure of fee. Just lately, the company’s workplace constructing was additionally seized and searched by the Extreme Crime Investigation Division of the Nationwide Police Company as a result of suspicion of embezzlement by some executives. On November 21, Dispatch launched a report that claimed Lee Seung Gi had not acquired any of his income from his music and that 5 years price of statements from 2004 to 2009 had been lacking. Hook Leisure’s CEO Kwon Jin Younger briefly responded they’re within the means of fact-checking. On November 24, Lee Seung Gi’s authorized consultant confirmed that Lee Seung Gi had by no means been made conscious of his music earnings and had been receiving insults and threats when he requested settlement particulars.

As well as, a number of media shops raised questions regarding veteran singer Lee Sun Hee‘s relation to Lee Seung Gi’s unfair therapy as she is listed as a director of Hook Leisure.

On November 25, Hook Leisure shared their stance on the issues above with the next assertion:

Good day, that is Hook Leisure.

To begin with, we’re ashamed and wish to apologize to everybody for the continual destructive information that has been popping out just lately in addition to the present concern between us and Lee Seung Gi. Specifically, we wish to specific our apology to Lee Seung Gi who’s going via a tricky time as a result of this.

We might additionally prefer to bow our heads and apologize to those that had been damage by CEO Kwon Jin Younger’s inappropriate phrases and actions.

As beforehand talked about in Hook Leisure’s press launch, we had been within the means of securing and organizing correct knowledge to reply to the certification of contents that we’ve got acquired from Lee Seung Gi’s authorized consultant. It’s regretful that the media has been reporting info that has not been precisely verified.

When Hook Leisure and Lee Seung Gi signed an unique contract once more after initially ending our unique contract in 2021, each events checked all of the settlement particulars from [Lee Seung Gi’s] profession, and we settled the monetary bond-debt relationship between our firm and Lee Seung Gi. Each events additionally wrote an settlement confirming such details.

Nonetheless, following Lee Seung Gi’s request, Hook Leisure is as soon as once more intently reviewing with specialists the appreciable quantity of revenue settlement that Hook Leisure has paid to Lee Seung Gi.

As well as, the just lately launched report by a sure media outlet concerning the content material of Lee Seung Gi and Hook Leisure’s contract comparable to revenue distribution ratio, and so on., in addition to the report about Hook Leisure by no means paying Lee Seung Gi as soon as for his music income are totally different from the reality.

At present, we’re planning to arrange issues clearly and to right and take duty for our mistake if there may be confirmed to be any. As a star administration firm that ought to have maintained relationships with its artists primarily based on religion and belief, we as soon as once more apologize.

As well as, within the case of Lee Solar Hee, as a result of she was an artist that has been with Hook Leisure for the reason that starting, she was nominally listed as a director for courtesy, however from 2006 to 2021, Hook Leisure was a single-person firm owned by Kwon Jin Younger’s shares one hundred pc, and Lee Solar Hee was by no means concerned within the issues of the corporate’s administration or revenue distribution.

Together with this, Hook Leisure can be saying that we are going to not tolerate the act of defaming and harming its artists as a result of hypothesis concerning this and can take robust authorized motion via our authorized consultant.


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