PPT agency sues Warner Music for 20 billion damages for tempering charges
Oct 23, 2024
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Attract said on the 23rd that it has filed a lawsuit for damages worth 20 billion won against former Warner Music Korea CEO Clayton Jin and current executive director Yoon Hyung-geun, who are suspected of tempering (pre-contact before the contract expires)."
"Warner Music Korea played a major role in the tempering process (contract dispute with former members of PFTP)"They held a tempering meeting at Warner Music Korea's headquarters on May 17, 2023, along with the parents of former members, and the Company has obtained all the key evidence at the time."," he said.
It also caused enormous damage to the company due to illegal activities that hindered the normal activities of former members of PFTP.T"We will also hold former CEO of Warner Music Korea and current executive director Yoon Hyung-geun strongly responsible for the accomplices of tempering," he said again."
Jeon Hong-joon, CEO of Attract, who filed a lawsuit against Warner Music Korea, said in particular, `I think it is a shameful act that cannot be forgiven that the branch of Warner Music, one of the world's top three record labels, tried to rob a precious artist of a small and medium-sized agency in Korea"The actual amount of damages is higher, and we plan to claim 20 billion first and increase the amount of compensation in the future."
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In June last year, Attract announced the suspension of activities due to the deterioration of the members' health, strongly raising that there are external forces that approach the members and make them violate their exclusive contracts with the agency during the period, and pointed to Warner Music Korea as an external force.
Since then, the members have continued their legal battle by appealing the decision to dismiss, but member Kina has returned to the attraction with the withdrawal of the appeal alone, reorganizing with three new members to announce the leap forward in September.
However, the other three members, Saena, Sio and Aran, terminated their exclusive contracts with Attract and signed an exclusive contract with MASSIVE E&C, an IOK-affiliated label, in September. At the same time, he filed a lawsuit against Attract CEO Jeon Hong-joon for about 300 million won in settlement claims.
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