SM Entertainment revealed recently, “We split profits with group Dong Bang Shin Ki at the ratio of 4:6.”
Revealed on MC programme “Current Affairs Magazine 2580′ aired on 9th August, Dong Bang Shin Ki has brought in a recorded 49.8 billion KRW. Of these, SM has invested 22.4 KRW. And the rest was split between the group and SM at 4:6.”
SM said, “Of the benefits, Dong Bang Shin Ki gets 4 proportions and SM gets 6 proportions. Of the 27.4 KRW, Dong Bang Shin Ki gets 11.0 KRW and SM gets 16.4KRW.”
It was also revealed that for overseas promotions, Dong Bang Shin Ki gets 7 and SM gets 3 proportions.Also for overseas event, CF revenues, they are split at 7:3.
But according to the 3 members of Dong Bang Shin Ki, “The splitting of profits is not transparent. We cannot trust them.”
And also about their 13-year contract, SM said, “We also secured the time when the group went overseas to promote. In Korea 3~4 years, in Japan 3~4 year, in China, it was 3~4 years.”
And about this, the 3 members’ lawyer said, “This is a contract which will make this idol stars work their live. Also for album sales, they only receive no more than 0.4~1% for each member.”
Updates on the case of the lawsuit against SM Entertainment.
===================================================
Dong Bang Shin Ki fends off rumours for disband, “We hope to perform on this stage again next year” (http://sookyeong.wordpress.com/2009/08/07/k-bites-07-08-2009-iv-2ne1-big-bang-dong-bang-shin-ki/)
The situation, the truth and distortions (http://sookyeong.wordpress.com/2009/08/04/dong-bang-shin-ki-the-situation-the-truth-and-distortion/)
SM’s refutation against their cast (http://sookyeong.wordpress.com/2009/08/03/sm-entertainments-refutation-they-made-11b-krw-after-debut/)
The 3 members’ official stand about their case against SM (http://sookyeong.wordpress.com/2009/08/03/dbsk-hero-micky-and-xiahs-official-stand-about-their-discord-with-sm/)
The 3 members apply for retractile effect on 31st July (http://sookyeong.wordpress.com/2009/07/31/dong-bang-shin-ki-xiah-micky-and-hero-for-a-lawsuit-against-sm/)
credit: Kbites
shared by: jyxylovesyvxq@bs
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Wanna talk to your SM Town Loves in English? Click here!
Hie! It's Harumi, Jasmine, WeiLi (Grace). Thank you for visiting^^
We give out as much 둥방신기 news as our fingers can go everyday. All we'd like you to do is stop by every once in a while to see them and leave a message on the CBox.
While you're here, you have to [unfortuantely] follow a couple of rules:
1.If you wanna take out our news/pictures or anything else posted here, please take out with FULL CREDITS.
2.Please Do not Hotlink!. [so far we have no problems on that, but, just a reminder. ^^]
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Also, we're needing help nowadays. If you're willing to help
Name:
Nickname:
Age:
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Others: [Anything else you'd like us to know.]
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FORUM LINK:
http://z3.invisionfree.com/TVXQDreamer/index.php?http://s3.invisionfree.com/TVXQDreamer//
=========================================
ANNYEONG!!
The forum has been made some time ago.
Hope u guys did visit it and make new friends ard^^
There are games and activities going on in the forum so DO NOT stop going in and check them out!
We are still recuiting people to help in the forum!
Please email us with what your desired position will be, and what qualifications you may have.
You can use the same form as if you were applying for Co-Author.
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Tuesday, August 11, 2009
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