Recently Dispatch revealed that Lee Seung Gi has never received a dime from Hook Entertainment since his official debut as a singer. Lee Seung Gi made his debut as a singer through the song "Because You're My Girl" and his first album entitled The Dream of a Moth in June 2004.
During his 18 year career and releasing 137 songs, this Korean singer and actor has never received any payment at all. The income received by Lee Seung Gi from his music activities is "0" won. This is for music only, not including acting or variety show appearances. Dispatch said that this was clearly a slave contract.
Lee Seung Gi works under pressure and has been the victim of gaslighting by his own agency. Dispatch also obtained a settlement statement from the distribution channel that distributed Lee Seung Gi's music. From October 2009 to September 2022, Lee Seung Gi's music income reached 9.6 billion won.
Surprisingly enough, the accounting books for 5 years (June 2004-August 2009) that recorded music income and expenses had disappeared so that it was not certain how much money should have been generated in that year. However, it can be assumed that Lee Seung Gi's music sales will easily surpass 10 billion won if the lost years are taken into account. 10 billion won here is the amount that Hook Entertainment received.
Lee Seung Gi then began to realize that there was an irregularity after receiving an incorrect message and contacting a senior. According to the terms of the contract between Lee Seung Gi and Hook Entertainment, the total that should have been given to Lee Seung Gi was 5.8 billion won. This number covers 60% of sales from 2009-2016 and 70% of sales from 2017-2022.
Lee Seung Gi has actually asked Hook Entertainment officials several times for his rights. However, the answer he gave made him doubt himself even more. 1. June 2021: "Seung Gi! I don't want to say this to the singers from our agency… How to pay it if you are a minus singer?" 2. August 2022: "Do you know how much it costs to promote the album?
I have to give a gift to media director A, buy another gift for media director B, …" 3. November 2022: "You are so annoying! We asked a member of Park's accounting team to prepare settlement data, but he didn't want to work so he didn't." Until November 17, 2022, Lee Seung Gi finally spoke up and counterattacked the agency by providing evidence of content.
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