Lee had not received “even one won” from Hook Entertainment, despite him releasing seven albums since his debut in 2004. Read more at straitstimes.com.
There are people who give up their dreams because of financial difficulties,” he wrote. There are people who cannot even go about their daily lives because of illnesses. On Friday, Lee finally spoke up about the situation on his Instagram account.
He will donate more than S$5 million of his unpaid earnings to help the needy, after a dispute with his agency. What happened. According to Soompi ...
However, if this money can be used for those who are more in need than me, the happiness and value I feel will exceed that of just 5 billion won." Starting with the 5 billion won that was deposited today, excluding the legal aid costs, I will give back the rest to the community. I thought that fulfilling this mission is the best I can do," Lee wrote. Shortly after, Lee took to Instagram to share his personal thoughts on the situation. [Soompi](https://www.soompi.com/article/1558787wpp/lee-seung-gi-personally-writes-about-conflict-with-hook-entertainment-to-donate-all-unpaid-earnings-he-receives), the 35-year-old left his longtime agency, Hook Entertainment, [on Dec. "I will be fully responsible for the dispute regarding Lee Seung Gi.
The singer-actor has vowed to continue to fight in court for his music rights as well as deter any steps of Hook Entertainment trying to wrap up the case of ...
Earlier, management agency Hook Entertainment denied the singer-actor’s claims of duping him of his own earnings from his music career. He claimed that he was not paid anything for the music that has been released since his debut. [Is Lee Seung Gi leaving ‘Master in the House 2’? The artist took to his Instagram account to share a personal letter in which he accused Hook Entertainment of trying to unilaterally close the case by paying the music profits which they amounted to 5 billion KRW. He added that he was not aware of how the amount (5 billion KRW) was calculated and hence will be continuing to fight in the court for the efforts that he has executed so far and for being made to believe that he did not earn anything in the first place. They are said to have sent the artist a clear breakdown of his earnings and claim that there is a lot of difference between the amount he requests and the one he is owed. He will meet up with charity representatives to decide how to donate the money to those in need. He further added to having been gaslighted into believing that he never earned any profits and was always in the negatives. Furthermore, Lee Seung Gi has vowed to donate all the money he receives during this battle, which he expects to be a long and tiresome one, starting with 5 billion KRW (about 3.8 million USD). To avoid a prolonged legal dispute the agency decided to send him the money calculated as a base payment of 1.3 billion KRW, unpaid earnings of 2.9 billion KRW and delayed interest of 1.2 billion KRW. While he has since applied to terminate his contract, a decision is yet to be declared about his relationship with the company. [Lee Seung Gi and Hook Entertainment](https://www.pinkvilla.com/entertainment/lee-seung-gis-side-denies-hook-entertainments-claims-of-having-settled-his-earnings-1201054), as per the company.
They are trying to unilaterally wrap up this case under the pretext of paying the unpaid earnings. Until now, I lived without even knowing that there were music ...
[announced](https://biz.chosun.com/policy/policy_sub/2022/12/01/3XSAHI33MJCLDAQLIBHCU5SPNQ/) that they will be auditing Hook’s Kwon Jin Young in light of reports of her spending on the company credit for her personal purchases. However, if this money can be used for those who are more in need than me, the happiness and value I feel will exceed that of just 5 billion won. And they would always try to bring Lee Seung Gi down. Of course, the 5 billion won I received today is such a big and valuable amount of money to me. In spite of this, Hook did not want a prolonged dispute over unpaid earnings with Lee Seung Gi, with whom we have maintained an exclusive contract for a long time. Starting with the 5 billion won that was deposited today, excluding the legal aid costs, I will give back the rest to the community. After hearing Kwon Jin Young’s yelling in the recording, it was just like how it was 20 years ago. I thought that fulfilling this mission is the best I can do. We have begun an internal investigation into (the company’s) expense history and other financial records.” In this situation, the reason why I filed a lawsuit against Hook is not because of the unpaid earnings. The star begins by explaining his emotional state at the moment, effectively saying that he’s been pissed, “Honestly, I have not been very well. This morning, I received a text message that about 5 billion won (approximately $3.8 million) was deposited into my bank account.
As previously reported, Lee Seung Gi received a total of 5.4 billion Won (~$4.1 million USD) from Hook Entertainment in unpaid earnings, interest, ...
I'm rooting for you," "He seems like such a good person. He should run for president," "Thank you for making such a big decision. The singer then announced to fans in an Instagram post that he'll be donating the full amount to charity.
Hook Entertainment announced that it deposited money into Lee Seung-gi's account. “So, we paid him all that make up of his unpaid payment―2.9 billion won [$2.2 ...
I told myself that I would donate the money for the people in need the moment I decided to go against Hook Entertainment.” According to him, “The 5 billion won that I received today is certainly big and precious to me. But if the money could be spent on people who have harder lives than myself, I would feel more than 5 billion won worth of happiness and value.” “Around 5 billion won has found me, but what I don’t know is on what basis Hook Entertainment came up with the amount of money that they gave me. That’s what I thought and I believed this was the best thing I could do to show the world that.” He was told by his agency that his music never earned. The star said, “Most of all though, a great number of people have given me support while I went through this. Lee Seung-gi then announced, “But what I can promise you is that I’ll be donating the whole amount of their payment, how much the amount it turns out to be. It added, “As everybody knows, we were asked to provide the transparent data of Lee Seung Gi’s earnings and payments from his debut up to now, along with full payment of the amount of money that should have been paid. I’ve never even received a single statement for my music until now, and they’re now trying to close the case unilaterally by saying that they paid me all the ‘unpaid’ payment.” This is on top of 1.3 billion [$994,000] won that he was paid for his music already. I had been going back and forth from feeling resentment to blaming myself, then having another round of repeatedly being angry at the sense of betrayal and frustrated with disappointment every day,” he said. “So, we paid him all that make up of his unpaid payment―2.9 billion won [$2.2 million]―today.
In a social media post, he shared his feelings of “anger” and “self-blame” while asserting that it was never about the money.
“I guess Hook Entertainment thought that I was doing all of this for the money,” he wrote. “This isn't something that I decided overnight. It is the sweat and the effort that I poured into my teens, my 20, my 30s. “All this time, I had no idea that there were earnings from my music. Lee then took to social media to share his thoughts on the issue, revealing that because of it, “I haven’t exactly been well recently. Hook responded saying they had gone over the details with Lee when his contract was renewed in 2021, and paid him all his earnings.
SEOUL - South Korean artist agency Hook Entertainment says it has paid singer-actor Lee Seung-gi 5.4 billion won (S$5.6 million) in an attempt to settle ...
There are people who give up their dreams because of financial difficulties," he wrote. There are people who cannot even go about their daily lives because of illnesses. On Friday, Lee finally spoke up about the situation on his Instagram account. "I haven't exactly been well recently. Lee said he had taken legal action against Hook Entertainment due to his conviction that "the value of a person's effort, the value of that sweat, should not be used to feed another person's greed". "In the hopes of bringing this legal dispute to an end as soon as possible with Lee Seung-gi, an artiste who has had a long relationship with Hook Entertainment, the agency paid Lee Seung-gi a base earning of 1.3 billion won, unpaid earnings from music distribution amounting to 2.9 billion won, as well as an interest of 1.2 billion won," it said in a statement published by media outlet Allkpop on Friday (Dec 16).