Hook Entertainment pays Lee Seung Gi $4.1 million USD in attempt to settle legal dispute caused by unpaid music distribution earnings | allkpop

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Hook Entertainment pays LeeSeungGi $4.1 million USD in attempt to settle legal dispute caused by unpaid music distribution earnings

a total of 5.4 billion KRW in an attempt to settle the ongoing legal dispute between the artist and management. First, we deliver our sincerest apologies to the person who must be enduring the toughest of times at the present moment, Lee Seung Gi.

As a result, the agency delivered all requested files early this week, and attempted to come to a settlement with Lee Seung Gi after fulfilling his requests. Nonetheless, in the hopes of bringing this legal dispute to an end as soon as possible against Lee Seung Gi, an artist who has had a long relationship with Hook Entertainment, the agency paid Lee Seung Gi a base earning of 1.3 billion KRW , unpaid earnings from music distribution amounting to 2.9 billion KRW , as well as an interest of 1.2 billion KRW .

 

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Lee seunggi won't close the case no matter how much they apologize. He's even going to donate these 5 billions 😭....he deserves better justiceforleeseunggi

I hope this doesn't mean case closed

SG updated in his IG 😭 he’s going to donate all the amount he received from Hook to charity and he’s going to keep fighting in court. This is not over yet!! Plus he’s grateful for all the support cuz we are are angry with him and comforted him LeeSeungGi JusticeForLeeSeungGi

Please... Do you think money is all the answer for what you din in his 18 years? Do you think its enough? Greed can really destroy humanity...😤😤😤

Not enough!!! He deserves more!!

what?even in trying to settle things,Hook is paying lesser than expected!where is the sincerity behind that?oh c'mmon!just wait until the courts decide,im pretty sure this amount is nothing & CEO must pay for her CRIMES too!that is what JUSTICE must be.

nah keep on payin hes worth way more than that

And the case still not close that's greedy pig CEO need to to jail

18 years of non-payments? What was he living on I ask seriously because he cannot not have been living on nothing or under a doormat. Why wait this long to ask for your compensation?

🪝 will always make unnecessary moves forbthe delays... Why not show the roper financial data will you? People are not dumb.. we know how to read and do maths... leeseunggideservesbetter

From media reports & simple math, they owe LeeSeungGi 20B KRW in stolen money + interest. Then add damages of B KRW. Hk (but not CEO Kwon) finally apologizes to him, but not for theft & abuse! Oh no, they call this a misunderstanding. Don't worry, we all understand just fine.

I cringed while reading hook's statement. I cannot imagine the twisted mind of the person who created that deceitful information regarding the money they own him. Since last year I came to understand the way they write, in such a way that everyone except them is wrong.

This is not apologetic behavior. They’ll never learn.

Are out of your mind Capt Hook even if you still pay your debt it will not compensate the damage you've done to LSG... set him free and give him all that belongs to him 😡

Wow. It seems like a low amount for Lee Seung Gi. They need to pay more.

So basically just 2.9 B out of 10 B? Those freaking scammers 🤬🤬🤬 LeeSeungGi JusticeForLeeSeungGi base earning of 1.3 billion KRW (~ $1 million USD), unpaid earnings from music distribution amounting to 2.9 billion KRW (~ $2.2 million USD), 1.2 billion KRW (~ $915,000 USD)

if i were Seunggi,I would ask for more because they paid him so little...not enough on what they had taken and had spent from his money from year 2004...and threat them,if they dont pay more amount,SG's side should bring this to Court ..

It really should be more, is has to be ALL the money that BELONGS TO HIM 😤

What he shouldve earned, shouldve earned more for decades passed. Where did those earnings go?

this hook who got caught lying whn they gaslight him as minus singer, now admit they owe him money but insist the sum is much less? n u think he shd jus tk u at ur lying word?

I hope people don’t think this case is closed Like $4.1 million USD is way too little from Seunggi’s asking amount. They deserve to go bankrupt and pay Seunggi back every cent they owed him

So basically they underpaid him and filed a case in court to confirm non existent of debt 🤬🤬🤬 i hope they lose!! Fighting SG lawyers

if really sincerely, you should openly audit your company to gain trust again

He deserves more than that A whole lot more

Key word “Settle”

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