DBSK VS Slave Management Entertainment3 members from DBSK- Jaejoong, Junsu and Yoochun sued SM Entertainment on Friday, July 31. Why? Because of their contract. It is a 13-year contract, which does not include 2 years of military service.
The contract is an unreasonable one; look below.
The 13 Year Contract:
- Does not include Military Service.
- Cancelling the exclusivity clause means triple the amount of Investment by SM and double the loss in earnings.
- Cancelling the contract amounts to moneys we can never dream of knowing how large they are.
- No Contract Fees
- Album earnings: Don’t sell over 500,000, get nothing.
- One week of holiday per year
500,000 copies is a lot in Korea; you are considered to be a big star if you managed to sell 100,000 copies in Korea. Even if they sold 500k copies, their salary is only between 0.4% to 1%. Also, if they cancel the contract, it means that they have to pay 100 billion won to SM.
But, SM Entertainment claimed tht they had earned 11 billion won and all meals, car rentals and air tickets etc are provided for them. No wonder SMmade Yunho and Changmin to act in a new drama.
Well, SM Entertainment stocks are falling too. Lee Soo Man, the CEO of SM Entertainment flew from the Staes to Korea to settle the problem and even hired a lawyer.
Good luck then, I hope DBSK will win! DBSK hwaiting!
-----------------------------------
Anyway, I ate a lot today! Some people knew that I was so angry that I cried in class just now and my contacts moved out of the pupil and I ran to the washroom. =O
I totally forgot that the A Math CT revision paper 2 must be done by today and I was chionging during recess. I was famished and bought a the XXL Crispy Chicken from Shilin for $3.50. Then, Jing Min and I went to the basement to get sushis! I bought 8 sushis and it costs $5.30. After that, we went to Bakerzin and ate desserts. I ate waffle ice cream and it costs $4.10 because all desserts are 50% off for this month. :D But I spent a total of $12.90 just on food today. o.O I am going to be a pig soon!
National Day Celebration tomorrow. I want to wear the primary school house t-shirt(coz it's red) but idk if it is allowed because there's PEPS's school logo. >.<
Common Test are coming soon. I think I won't score well this time because I don't understand many things. =(