Hook Entertainment Responds To Reports Of Lee Seung Gi Receiving No Music Profit For 18 Years

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Hook Leisure has responded to stories about Lee Seung Gi not receiving any cost for music releases over the previous 18 years.

On November 21, Dispatch reported that after Lee Seung Gi debuted in June 2004 together with his first studio album, he launched 27 albums and 137 songs, however that the singer didn’t obtain any of his income. Dispatch went on to share an announcement of revenue by distribution channel and revealed that the music income earned by Lee Seung Gi between October 2009 and September 2022 was 9.6 billion received (roughly $7,069,000). Moreover, they reported that 5 years value of statements from June 2004 to August 2009 have been lacking, elevating the speculated complete quantity that Hook Leisure obtained from distributors to over 10 billion received (roughly $7,364,400)

Shortly after these stories, Hook Leisure’s CEO Kwon Jin Younger shared the next assertion:

Hi there.

That is Hook Leisure’s CEO Kwon Jin Younger.

As unhealthy tales have been popping out about me and our company from information retailers just lately, no matter whether or not they’re true, I’m so ashamed.

All the pieces is because of my negligence and lack of discretion, so I really feel ashamed and apologetic.

It’s affordable to particularly verify the reality concerning the tales at the moment floating round and being reported by press, however as talked about in our earlier press launch, we ask on your understanding that we’re at the moment within the group stage to fact-check, and that we’re refraining from releasing an announcement of our place as a result of this may very well be handled legally.

Sooner or later, as soon as the facets that both Hook Leisure or I’ve to cope with legally are clearly confirmed, we won’t step again or keep away from something and take all accountability.

Hook Leisure and I’ll do our greatest to make it possible for this won’t intrude with the leisure promotions of our company stars and be much more cautious so there are not any additional incidents that trigger concern to everybody.

Thanks.

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 cost. Lately, the company’s workplace constructing was additionally seized and searched by the Extreme Crime Investigation Division of the Nationwide Police Company on account of suspicion of embezzlement by some executives.

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