Is it greed for money or unfair and disadvantageous contract?
Forums, blogs and fansites have been abuzz since yesterday after the news broke out that three members of idol group DBSK (aka TVXQ and Tohoshinki)–Jaejoong, Junsu and Micky–filed an injunction on July 31 with the Seould Central District Court against SM Entertainment to void a clause in their contract pertaining to exclusivity.
The other two DBSK members –Changmin and Yunho–didn’t join their fellow members in the court case.
The case supposedly stemmed from the investment of the three in a cosmetics company without SM’s knowledge and the group’s disadvantageous compensation they receive from SM. It says that the sharing ratio is 80-20 with SM getting the bigger share while DBSK members divide the 20 percent among themselves. This contract will be in effect for 13 years.
DBSK debuted in December 2003 and released their first single in January 2004. If the supposed length of the contract is true, then DBSK will be under SM management until 2016.
The filing of the case has prompted Lee Soo Man, SM founder and director, to immediately fly back to Korea from the United States.
With regard to the cosmetics company issue, SM Entertainment has issued a statement saying that the company plans to “deal with this issue as soon as possible.”
Despite the lawsuit, SM Entertainment stated that DBSK activities should be continued.
With the lawsuit, the rumor of DBSK’s imminent disbandment remains. It is said that if SM doesn’t give in to the DBSK members’ demand to nullify the exclusivity clause, they will petition for the case to go to trial.
Will DBSK end up in the likes of Shinhwa and HOT?
Now, the question is what’s the goal of DBSK with regard to the court case?
Surely, the filing of the injunction wasn’t planned overnight. The three members have thought about this over and over and have talked to SM privately to discuss the matter but they failed to get a positive response from their agency.
Will history repeat itself in the case of DBSK? Will the group be disbanded or will they leave SM Entertainment (although this is not possible considering the contract).
SM Entertainment has had a history of their own artists leaving them for another agency. Shinhwa, Fly to the Sky and Moon Hee Jun left SM Entertainment.
Shinhwa left SM in 2003 after their contract expired. Fly to the Sky left SM in 2004. HOT was disbanded along with MILK and SES.
Fans are hoping that this issue will be settled soon. In the case of DBSK, is it greed for money that prompted them to file the injunction or are they only fighting for their rights to be compensated fairly and properly by SM Entertainment?
The saga continues and we will keep you updated on this.