Industry experts say FIFTY FIFTY will unlikely retract the lawsuit against ATTRAKT because the members firmly believe they will win | allkpop

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Industry experts say FIFTY FIFTY will unlikely retract the lawsuit against ATTRAKT because the members firmly believe they will win

" is embroiled in a controversy involving a person who allegedly approached the members in an attempt to turn them against their agency,According to reports, the members decided to sever ties with the agency after hearing that the investment made to the agency, ATTRAKT, had become the members' debt. The investing company and the agency have denied these claims, stating that investment money cannot be considered the members' debt.

However, Interpark Music, the actual investor, has stated that the advance payment contract was made before Star Crew ENT produced FIFTY FIFTY. They explained that the decision to invest was based on the success of Ha Sung Woon, who was a member of Star Crew ENT at the time, as well as the career, ability, and momentum of ATTRAKT CEO Jun Hong Joon.

An anonymous entertainment industry official hinted that there was someone who informed the members about their supposed investment debt just before the controversy erupted. It was this"middle man" who brought the reimbursement issue - which had not been discussed during their unsuccessful debut activities - to the forefront only after the success of their song"Cupid."

ATTRAKT provided the settlement statement requested by FIFTY FIFTY through The Givers. However, the statement showed zero KRW in album sales and music revenue, which only solidified the members' suspicions about the agency. ATTRAKT explained that the revenue was not reflected in the statement because the group's popularity was primarily overseas, and the settlement had not yet been completed due to the recent release of"Cupid.

 

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