Fifi, Fifi, Fifi, I think there’s some daughter blood left

(1)N Entertainment News
(2)TV Photo Ranking Movie
(3)a sporting tendency
(4)50 billion won in lost profits for Fifi and PT
(5)Crisis…”No penalty reduction
(6)Input 20230829 PM 535 Article text
(7)Reporter Lee Sun-myung
(8)a family of one street
(9)Group Pifty Pifty Kyunghyang Newspaper Material Photo

(1)Group whose application for provisional injunction for suspension of exclusive contract has been rejected
(2)Pipty is facing another challenge because Attract, the original agency, is open to claiming tens of billions of won in damages against Pipty members
(3)The amount of damages that Attract can claim from Piptyfty members can be inferred based on the standard exclusive contract of popular culture artists
(4)According to Article 15, Paragraph 1 of the Standard Agreement for Popular Culture Artists, if a planner or singer violates the contents of this contract, the other party can request the violator to correct the violation by setting a 14-day grace period
(5)Paragraph 2 of the same Article states that if a singer violates the contract for the purpose of unilaterally destroying the contract during the contract period, the singer remains in the average monthly sales for the previous two years as of the termination of the contract

(1)Paragraph 2 of the same article states that the planner has to follow the contract
(2)If a singer violates the contract for the purpose of unilaterally breaking the contract during the contract period, the singer must pay the planner as a penalty by multiplying the average monthly sales of the previous two years by the number of remaining months
(3)First, it is possible to estimate the amount of penalty penalties with a high proportion. However, since the details of PFT’s album profits have never been clearly disclosed, it should be inferred by substituting the profits of those known to the industry The industry believes that Fifty Pifty, which debuted in November 2022, recorded at least billions of won in sales with Cupid’s Cupid ranking as a hit to the top of the Billboard charts It recorded tens of billions of won in sales
(4)There are some who take the seat
(5)by Daishin Securities Co., Ltd
(6)Domestic stock commission!
(7)One is zero in the morning

(1)If you consider the average idol’s first contract period of seven years, Attract can claim 23.6 billion won in damages. If you set the sales of Piptyfty to 10 billion won, it could increase up to 51.1 billion won
(2)In addition to the penalty in paragraph 2, the Attract may also claim the amount of actual damage caused by the reasons attributable to Pipty This could include not only Attract’s direct investment cost Indirect investment cost, but also the cost of direct operating loss due to the suspension of overseas marketing caused by Fifteen’s refusal to advertise
(3)Attract’s investment in debuting Pifty Pifty is known to be about 8 billion won It is reported that CEO Jeon Hong-joon also used the 90 million won collected by his old mother for the amount of selling his imported car and watch to this end, as well as the monthly rent and training of Fifi-Pifty accommodation

(1)The actual amount of damage plus the amount for penalty
(2)Cotton Attract can claim up to tens of billions of won in damages against PFT members
(3)As Pipty’s injunction against Attract was rejected on the 28th, Pipty seems to be losing the dispute, and the possibility of paying at least billions to tens of billions of won in damages is open
(4)A legal expert also pointed out this Jeong Hyang-an, a lawyer at a law firm, recently said on his YouTube channel, “If you estimate the sales of Fifi PT at 3 billion won, the compensation for damages could reach about 30 billion won,” adding, “The court usually sides with the artist, but the problem seems different.”
(5)He also said, “The amount of compensation for damages is likely to be reduced, but the penalty is difficult to be reduced according to the Supreme Court’s precedent,” adding, “The proportion of penalty penalties is much higher and the reduction is not possible.”