Filter by Category




Fifi Fifi Announces 6th Statement

0
(0)

image text translation

(1)I’m going to talk about the exclusive contract
(2)There’s a lot of talk about standard exclusive contracts these days There’s a saying in the standard exclusive contract that only celebrity protection is in favor of the agency But is that true? No one is saying the opposite, so let’s talk about the standard exclusive contract
(3)We’re not legal professionals, so I can’t tell you professionally However, even in the case of standard exclusive contracts so far, the standard contract is not used as it is Let me give you an example
(4)When writing an exclusive contract, we usually write an accompanying agreement togetherAnd it’s a practice to change the contents of the exclusive contract in favor of the agency using the attached agreement
(5)Standard exclusive contract vs. annexed agreement
(6)Comparison of the contents of contract A
(7)- Contents related to the cost of the standard exclusive contract
(8)Article 12 Distribution of Profit, etc
(9)2. Income related to the sale of records and contents shall be distributed after deducting various distribution fees, copyright fees, actual fuel, etc. Example of distribution method The sliding system or specific distribution ratio shall be determined separately by written agreement between A and B
(10)3 The sliding system and the specific distribution ratio shall also be determined separately by agreement between A and B in the revenue distribution method related to entertainment activities At this time, the profits subject to the distribution of profits shall be paid by deducting the actual expenses, advertising fees, and other expenses incurred under alcohol, such as the cost of subsidizing entertainment activities, such as vehicle maintenance, food, clothing, shelter, transportation, etc., from all income generated by Dol’s entertainment activities
(11)4 In principle, within the scope of the same management authority, all expenses incurred in education and training for the acquisition and improvement of the abilities necessary for the entertainment activities of B shall not be borne, and unnecessary expenses shall not be borne against the will of water

image text translation

(1)This is part of our exclusive contract, but it’s the same as the standard exclusive contract
(2)And we got an exclusive contract as well as an attached agreement
(3)Let’s look at the cost items of the annex agreement
(4)- Annex Agreement Cost Items
(5)2. Production and production promotion expenses included in the distribution of profits include the production promotion expenses under Article 3, Paragraph 1, D of the Annex Agreement above, in addition to the preparation expenses under Article 12, Paragraph 3, and the details are as follows
(6)Expenses for songwriting, songwriting, and arrangement production of A, and necessary expenses
(7)Recording cost of B recording labor cost of recording studio usage fee and necessary expenses thereof
(8)Choreography cost, choreography request, production practice cost, choreography team labor cost, and necessary expenses
(9)Costume D Costume Costume Manufacturing Costume Costume Costume and Required Cost thereof
(10)Hair and makeup costs for E hair and makeup, as well as its necessary expenses
(11)Production cost of video, non-music, video, performance, video, SNS, video, etc. required for entertainment activities of B. Labor cost and necessary expenses
(12)Production cost of G performance, performance, fan meeting, fan concert, showcase, etc., labor cost and necessary expenses
(13)Cost of design, album, image design, photo shoot, production cost of labor and its necessary expenses1 Manufacturing cost of printing, non-album, printing, etc. Labor cost and its necessary expenses
(14)Registration stand for non-record release of J Association and necessary expenses thereof
(15)Labor costs for advertising execution and necessary expenses for K public relations marketing
(16)Proof of business marketing expenses and tax-recognized expenditure must be attached to the progress of the contribution negotiation of the L operating ratio
(17)Cost of accommodation in B, rent for the accommodation, manufacturing, telecommunications, water, thermoelectricity, etc., and hydrogen living expenses such as food and beverages
(18)N fee for use of external facilities Official entertainment such as any practice recording performance and other pre-practice performance
(19)Usage fees for activities and necessary expenses thereof
(20)0 All other expenses that A and B agreed to spend in advance in writing

image text translation

(1)I will compare the contents of the exclusive contract with the attached agreement with the settlement statement we received We’re not experts, so there may be mistakes in the process of dividing the items, but it won’t make a big difference
(2)First, let’s summarize the items on the settlement statement and look at the items of expenses to be borne under the standard contract In our opinion, living expenses, accommodation expenses, on-site expenses, costume expenses, beauty expenses, training expenses are the cost items of the standard contract
(3)2020 to August 2023
(4)On-site progress costs
(5)Activity subsidy maintenance cost
(6)90 educational expenses
(7)From April 2023 to May 2023
(8)Manager and staff meals
(9)This is about it The principle of including education expenses is borne by the agency

image text translation

(1)If so, how many additional items will be added to the annex
(2)2020 to 2023 08
(3)Including the association’s expenses
(4)Outsourcing service cost
(5)printing costs
(6)External facility usage fee
(7)Other Mainly Employment Insurance Expenses
(8)Wine for gifts such as press conferences
(9)Production cost, grain cost, service cost
(10)The cost of the supplementary agreement is much more than the cost of the standard contractabout three times as much
(11)According to the sub-agreement, the agency is subject to cost deductions except for employee labor costs, office rent
(12)Of course, we signed it after seeing this
(13)I’ll tell you more about it. It’s really difficult and difficult for a trainee who is about to sign an exclusive contract to oppose the subsidiary agreement or ask for modifications
(14)Before signing the contract, we even asked if there were too many items in the annex agreement But they say it’s a custom to do this Everyone uses it like this
(15)What we want to say is that the agencies are already using standard exclusive contracts as a “practice” to their advantage, so I don’t understand the idea of changing standard exclusive contracts because only the agencies are at a disadvantage

image text translation

(1)Please listen to our position on the B standard contract
(2)I’m aware that the agency is taking investment risks That’s why I know how to write a lot of profit distribution I don’t mean to mention that in itself
(3)But if there are so many expense deductions, shouldn’t you explain it to the singers and teach them well
(4)Don’t you have to show us how the money was spent, but let us know better
(5)If you ask the company about the lack of revenue, shouldn’t you tell them exactly
(6)Our agency and I trust each other and work together
(7)To recap, the current standard exclusive contract is not just for singers Furthermore, it has been changed and used well in favor of the agency as a practical practice
(8)In a way, there are a lot of deficiencies from a singer’s point of viewThis is because there is no provision to prevent changes to the contents of the standard agreement or to ensure accounting transparency of the company
(9)If the standard exclusive contract should be revised now, I would like to examine whether the current standard exclusive contract is really being used well as intended and whether it is avoiding the standard exclusive contract with an attached agreement, and also think about how to ensure accounting transparency of the agency

image text translation

(1)I’ll also tell you the circumstances at the time of C’s exclusive contract or when I check the settlement statement
(2)I thought all the people who attended the exclusive contract briefing were the executives and employees of Attract I thought Mr. K, the CEO of the exclusive contract, was not present, and Mr. A of G was the co-representative of the agency and was in charge of the presentation I remember the managers of Company A and the employees of Company G were there too
(3)Throughout our practice and activities, we didn’t even distinguish the members of Company A and Company G from outside, and all of them were just agencies we worked with Also, CEO J of the current agency told A to cooperate and follow well After filing the lawsuit, I learned clearly about the relationship between Company A and Company G through articles and lawsuits
(4)Unlike the contract, the settlement statement was not provided every month and was issued about five times in two and a half years before the lawsuit It’s never been issued for nearly a year
(5)The settlement form was prepared by Company G, and it is not known whether the additional review process was carried out by the agency itself, but it is sealed by Agency A
(6)Usually, even minor members were asked to check the details and sign on the day of the payment statement The amount of bills I received was up to a few dozen and the breakdown was thousands of accounts
(7)Individual accounts show the total cost of each item divided by the number of people in the group The agency’s cost sharing is nowhere to be seen
(8)In fact, there are a lot of expense items and their expenditure details on the statement of accounts, but they do not show evidence to metabolize and agree on those details The memory of that day may be the only basis for a member’s signature

image text translation

(1)It’s never the right process to have young trainees or artists sign months’ worth of accounts that even adults can’t really figure out
(2)Even if you experience injustice in such an atmosphere, you can’t respond as easily as it sounds There is a great difficulty in rejecting consent or continuously asking for details and carrying out opinions as Eul
(3)The revenue share in the annexed agreement varies by sub-item
(4)Simply put, the agency and the group are 7 vs 3 or 8 vs 2 If you look at each member’s point of view, it means that there are 4 members in the agency 7 vs. artist 075 or 05 group If the group has a large number of people, the value of the contribution recognized as profit can be lowered
(5)But the members can’t tell if the settlement has been processed accurately and transparently according to the contract by looking at their own statement
(6)The statement of accounts does not show how much of the total expenses of the agency and the group were deducted from the total income and how much of the revenue was distributed to the agency, group and members after deducting expenses Is this what it’s supposed to be
(7)As there are not enough specific and transparent confirmation procedures, standard forms, and protection measures for these areas, there is no basic environment in which young trainees and artists are properly guaranteed their rights
(8)We are eager to create a sound atmosphere where artists can properly fulfill their rights

Sampti Sampti Entrance Statement

image text translation

(1)1 Submitted data alone shall be the amount of revenue from J’s sales of records and sound sources or entertainment activities required for J’s production, etc
(2)It is not confirmed that there is a settlement proceeds that creditors should have received in excess of the amount. Creditors argue that Article 3 (2) of the annexed agreement on cost deduction is invalid as it passes virtually all of the expenses owed by the debtor to creditors, but there is no clarification on specific circumstances to consider the annexed agreement on cost deduction invalid

It’s already a court cut

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Comment