KEPA expresses concerns over the impact of JYJ, Hangeng terminating their contracts

Through an assembly meeting held on January 20th, the Korean Entertainment Producers’ Association (KEPA) expressed their concerns about the effects of  JYJ and Hangeng filing for the termination of their contracts.

KEPA stated, “The KEPA and its members would like to express our concerns over a portion of the members of TVXQ filing to terminate their contracts with SM Entertainment.  In pursuit of their own personal monetary profit, they used the wrongful claim of ’slave contracts’ against the public. Should the lawsuit be judged in the three members’ favor, a countless number of celebrities will abuse the results in the future to sue their own agencies.”

With regards to Super Junior’s former member Hangeng, who won his lawsuit against SM Entertainment recently, KEPA stated, “Because of Hangeng’s contract with SM Entertainment, Hangeng was able to grow as one of Asia’s top stars.  Now that he reached his position at the top, he immediately went to file a lawsuit without making any attempts for reconciliation or compromise, and left for China, where he signed on with a new company and continued his activities there.”
They continued, “Despite such a reality, the court lacks an understanding of the industry and has failed to reflect on the fact that the industry has been administrated without any problems for quite some time.  Due to such judgments, what we are talking about is the danger that they are putting the Korean music industry into, as they erode the very foundations of the industry.”