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Manila Bulletin devider Entertainment devider Celebrities devider Agency wants to have amicable settlement with K-pop group Fifty Fifty 

Agency wants to have amicable settlement with K-pop group Fifty Fifty 

Published Jul 5, 2023 09:09 am
The agency of K-pop group Fifty Fifty wants to have an amicable settlement with the members amid their aim to suspend their exclusive contracts.  Fifty Fifty members Saena, Aran, Keena and Sio, who became a sensation through the song “Cupid,” filed for temporary injunction against their agency, Attrakt, seeking to suspend their exclusive contracts.  The case was filed on June 19 with the Seoul Central District Court, accusing Attrakt of violating provisions of the contract. It was filed in just seven months since Fifty Fifty debuted in November last year. Fifty Fifty (Twitter)
The first hearing of the case was held on July 5.  Attrakt’s lawyer told Korean media that the agency wants to seek an amicable settlement with Fifty Fifty members to end the legal dispute.  Due to the controversy, Fifty Fifty’s appearance at KCON Los Angeles in August was cancelled.  “Fifty Fifty was supposed to be on the stage on day 2 of KCON LA 2023 which will be held in Los Angeles on 19th Aug 2023, however, we are sorry to inform you that Fifty Fifty will not be able to be on the stage due to internal circumstances of the agency as released early through the media outlets,” Attrakt said in a notice.  Regarding the legal dispute, Attrakt’s lawyer told Korean media, "According to Attrakt's judgment and investigation, this case is not the fault of the young artists themselves. We feel very sorry that artists with bright futures are making the wrong decisions because of the wrong explanations of greedy adults.” “Rather than winning a preliminary injunction, the agency hopes that this case will be resolved amicably as soon as possible through amicable discussions with the artists. We think there are definitely adults who are manipulating this incident behind the scenes. We also have evidence. We want to dig into that matter to the end through a separate lawsuit or legal process and ask for responsibility,” the lawyer added.  The lawyer said Attrakt invested eight billion won (about $6.15 million) including a small amount from the CEO’s mother for Fifty Fifty.  “If external forces rob it, how can small and medium-sized agencies invest huge amounts of money and take risks to develop artists who will lead the future of K-pop? We really feel sorry for this," the lawyer added.  The lawyer also refuted Fifty Fifty members’ assertion that Attrakt’s settlement of accounts was not transparent. He said “the settlement was made through an outsourcing company. Of course, there may be some missing parts through the outsourcing company. However, the entire amount was explained in detail and the settlement data was sent. It is still in the stage of payment. We have provided all the settlement data, and we admit that there have been some mistakes in the past. We have recently fulfilled all of them, and if we have fulfilled them within the period, there is no reason to terminate the contract." Attrakt is still hoping to mend the dispute with Fifty Fifty members.  "We tried to come to an agreement with the members, but there was no response. We tried to contact them through the lawyers, and we tried to contact the parents of the members, but failed. However, we still want to reach an agreement. As it progresses, I think the one who suffers the most damage is the artist," the lawyer said. 

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