ini FITNAH udah kemana2 dan lu JAHAT. cuplikan video itu adalah ttg cgw yang nerima advance payment atas IP (intellectual property kalo lu gak ngerti) artisnya dan kegiatan yg bakal artisnya lakukan kedepan. INVESTMENT, not LOAN. ngapain perlu data gaji member exo? BODOH BETUL
📢 [𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧] There is still a massive amount of misinformation circulating. Here are a few things that needs to be understood:
𝟭. 𝗛𝗼𝘄 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗮𝗿𝗲 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗦𝗲𝗰𝘂𝗿𝗲𝗱
A company like ONE HUNDRED goes to distributors, concert promoters, and streaming platforms to pitch for funding.
●𝗧𝗵𝗲 𝗣𝗶𝘁𝗰𝗵: "We manage Baekhyun, Xiumin, Chen, Taemin, VIVIZ, and The Boyz etc. Next year, we plan to release 5 albums, 3 tours, and 20 fan meetings. Invest now, and you get the exclusive rights to distribute or promote these specific projects."
●𝗧𝗵𝗲 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻: Investors decide to fund these based on publicly available market data (Circle/Hanteo charts, Spotify streams, tour attendance)
●𝗧𝗵𝗲 𝗥𝗲𝗮𝗹𝗶𝘁𝘆: Investors do not need confidential, decade-old settlement records from SM to judge an artist's current value. 𝗧𝗵𝗲𝘆 𝗱𝗼𝗻'𝘁 𝗰𝗮𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗼𝗹𝗱 𝗽𝗮𝘆𝘀𝗹𝗶𝗽𝘀 from EXO, NCT, or SVT. Why? 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝘁𝗵𝗼𝘀𝗲 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗯𝗲𝗹𝗼𝗻𝗴 𝘁𝗼 𝗼𝘁𝗵𝗲𝗿 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀. Investors fund the future content delivered by the artists currently in the room.
[𝗮𝗹𝗹 𝘁𝗵𝗲 𝗻𝗮𝗺𝗲𝘀 𝘂𝘀𝗲𝗱 𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗼𝗻𝗹𝘆]
𝟮. 𝗧𝗵𝗲 𝗠𝗶𝘀𝗰𝗼𝗻𝗰𝗲𝗽𝘁𝗶𝗼𝗻 𝗔𝗯𝗼𝘂𝘁 "𝗝𝗼𝗶𝗻𝘁 𝗚𝘂𝗮𝗿𝗮𝗻𝘁𝗼𝗿𝘀"
Another piece of misinformation is that artists are personally liable for repaying these multi-million dollar corporate investments.
●𝗧𝗵𝗲 𝗧𝗿𝘂𝘁𝗵: When contracts are signed for these future projects, the artists typically become joint guarantors only for delivering the promised content (i.e., agreeing to record the album or perform the tour)—not for paying back the actual cash investment out of their own pockets.
𝟯. 𝗪𝗵𝘆 𝘁𝗵𝗲 𝗣𝗗 𝗡𝗼𝘁𝗲𝗯𝗼𝗼𝗸 𝗔𝗹𝗹𝗲𝗴𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁
●𝗧𝗵𝗲 𝗣𝗿𝗼𝗺𝗶𝘀𝗲: Chairwoman Cha reportedly promised investors massive future projects and activities involving the artists—in many cases without properly consulting the artists first.
●𝗧𝗵𝗲 𝗙𝘂𝗻𝗱𝗶𝗻𝗴: Based on those promises, investors provided the funding.
●𝗧𝗵𝗲 𝗠𝗼𝗻𝗲𝘆 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁: Once the invested money hit the subsidiary accounts, the report alleges it was transferred to her personal account on the same day or shortly after.
●𝗧𝗵𝗲 𝗙𝗮𝗹𝗹𝗼𝘂𝘁: When it came time to actually produce the 5 albums, 3 tours, and fan meetings, the subsidiaries (like INB100 and BPM) reportedly did not have the funds needed to execute them.
In many cases, the subsidiaries and artists went ahead with preparations and worked with outside partners anyway, expecting the parent company to send the allocated funds later. According to the allegations, that funding never arrived.
The PD's Notebook episode has now been updated with English subtitles
🧷https://t.co/XIJ4Db81Mj
Rather than relying on random anti accounts, please take the time to watch it and verify the contents for yourself. We are all adults here. Instead of expecting to be spoon-fed opinions, everyone is capable of reviewing the material and making their own judgment about who the perpetrators and victims are.
Please stop invoking uninvolved parties to deflect from the actual victims. It undermines those directly affected and shifts attention away from the issue that requires accountability.
Media = CGW memanfaatkan IP dan nama artis untuk mendapat puluhan milyar won dan harga jual villa. Staff tidak dibayar.
Sickfan = OMG. Untung data member lain ga dikasih ke CBX. Nanti di pake pinjol !
⬇️
Media = 1 Dollar = Rp 18.000 !
Wowo = Rakyat desa ga pake dollar.
3 years ago today, SM told CBX that they would provide the settlement data, yet still haven’t.
Meanwhile, Korea passed the Lee Seung-gi Law mandating settlement disclosure to artists, and it was revealed that LSM takes 6% of SM artists’ revenue for another 67 years for unknown reasons.
🔗 https://t.co/1gizi8v3I5
🔗 https://t.co/wjyXFVLsC1
🔗 https://t.co/P6zhYYeMSY
🔗 https://t.co/Dh4KtVDYYw
[Instiz] “If CBX earned 50 billion won for 10 years…”
“Surprisingly, I think it’s true that they earned much less than I expected. But ofc, it is indeed a big amount of money.”
8. Leaving the settlement statement aside, wouldn't it be over if you just showed the actual sales contract or revenue data? You would have settled based on that, right? If there are no issues.
5. TBH, I agree. It sounds like a huge amount when you just hear it, but after hearing about the tax evasion amounts of other celebrities, my concept of money is shattered, so a strange phenomenon is happening where it looks smaller than expected ㅋㅋㅋㅋ
6. Isn’t their peak period short?
> 17. Even if you say it’s short, they were at the top for four years from 2013 to 2016, and weren't they first-tier (idol) until their military hiatus? Plus, they did individual activities during their military hiatus, and in B's case, his solo career was also a huge hit...Isn't it a bit ambiguous to define it solely by their peak period?
7. Is it individually 50 billion? Or the 3 combined?
> 8. Combined
> Writer : I thought it was 50 billion per person and I was surprised to know that 50 billion for the 3 of them
> 7. Wow they were srsly didn’t earn much…I think even if you compare it now with SM junior male group, they didn’t earn much
8. If that is the combined total for three people, not per person, it seems like they really didn't get much in settlement after taxes
9. It is indeed low considering that the annual salary of a top-tier male idol is 1.6 billion won
12. But it srsly doesn’t feel like a lot
Writer : I don't really know...I was just surprised because that looked like so little to me. I saw comments saying that even a top-tier idol group from 20 years ago who didn't even hold concerts had over 10 billion won in their bank account back then ㅠ But ofc, 50 billion won is a lot of money!!!ㅠㅠ Anyway, you know what I mean, right?
17. They say the problem arose because they weren't shown the settlement details when people were curious...Couldn't they just show the breakdown of how much was invested in each activity, what the expenses were, and how the money was divided? Even ordinary people check their pay statements when they think something is off
> Writer : What are you talking about regarding the settlement details? They didn't show them? Why?
>> 17. I think the first issue arose in '23 or so, regarding them not providing settlement details. C asked for the statement, but since SM was talking about tampering and such at the time, they apparently said that access was only for viewing due to concerns about data leaks. Also, judging by what people are saying in the community, after the contract renewal, the scandal involving LSM's paper companies broke out, and LSM left, so I suspect C might have wanted to verify the details because he had doubts about them. I wonder if the issue became as big as it is now if they had just confirmed how the settlement was calculated when he was curious about the basis for his payment. Since he asked to see it but they refused, it seems like it just turned into a situation where he thought, "Oh, is there something going on?"
>>> Writer : Huh? Why they refused it? Of course they have to show it
>>> 17. Exactly…
23. SM just needs to show the settlement statement? The settlement data? And so wouldn't that solve the problem?
29. Oh..I think they didn’t earn as much as I expected
30. 50 billion won pre-tax over 12 years ㅋㅋㅋㅋㅋㅋㅋㅋ I'd question the settlement too. He poured his heart and soul into group activities, units, SuperM, and solo work...sigh..Baekhyun, hwaiting