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Wednesday, January 22, 2025
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Hook Entertainment Claims They Have Repaid Everything Lee Seung Gi Oweed Him

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Hook Entertainment released a new statement claiming they’ve now paid Lee Seung Gi All unpaid income owed to him.

last month it was disclose Lee Seung Gi has sent a certificate of content to his longtime agency, Hook Entertainment, requesting transparent disclosure of his earnings. Dispatch then publishes a Report Alleges that Lee Seung Gi never received any digital music profits from Hook Entertainment originally from the agency rejectinsisting that they have discussed all relevant financial details with the singer and paid him all the money owed to him when the exclusive contract is renewed in 2021.

However, after Lee Seung Gi’s legal representative issued a Supplementary Note Refuting Hook Entertainment’s claims, the agency’s CEO ultimately Apologize And announced that she will “take full responsibility for the dispute with Lee Seung Gi.”

On December 16, Hooker Entertainment followed up and issued the following statement:

This is Hook Entertainment.

First of all, we sincerely apologize to Lee Seung Gi, who should be the one who has been hurt the most by this incident right now.

As we all know, Hook received a request from Lee Seung Gi to transparently disclose his digital music income and payment of that income during the exclusive contract with our company.

Based on this, we sent relevant data to Lee Seung Gi at the beginning of this week and tried to reach a settlement with Lee Seung Gi based on this data.

However, the difference between the amount Lee Seung Gi demanded and the amount owed to him was too great, and the two parties could not reach an agreement.

Still, Hook doesn’t want a long-term feud over unpaid proceeds with Lee Seung-gee, who has long maintained an exclusive contract.Therefore, in addition to the basic payment of 1.3 billion won [approximately $993,846]today, we paid 2.9 billion won of unpaid income to Lee Seung Gi [approximately $2.2 million]and 1.2 billion won [$917,298] The value of the full deferred interest.

We have also confirmed that we no longer owe any debt to Lee Seung Gi, and in order to end the dispute with Lee Seung Gi about the unpaid proceeds, we have filed a debt confirmation lawsuit with the court.

Regardless of the reason, Hook once again sincerely apologizes to Lee Seung Gi for the misunderstanding and dispute caused by our mistake. We hope to reach a transparent solution through the court in the future, so that neither party has any doubts, and we will do our best to achieve this goal.

We apologize again to everyone who was hurt by this incident.

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