Viviz is now making good profits in the company.
Out of stock, and The sales daily are good too!
Excluded some festival attendees , variety shows and even endorsement and World Tour.
BPM Entertainment, so lucky to have them. Therefore, BPM Ent. should improve more in marketing.
Cha Gawon Apologizes: “We Will Pay the Unpaid Wages as Soon as Possible”
On the 11th, a video titled “[Main Episode] The Secret Behind MBC and Lee Seunggi’s Hannam-dong ‘Jeonse Scam’” was uploaded to the YouTube channel “Hyun Dongyeop’s Highest Guard.”
At the beginning of the video, Cha Gawon apologized for the unpaid wages, stating, “First of all, I am deeply sorry for the delay in paying the wages owed to you, and I bow my head in apology.”
She continued, “I am deeply ashamed that we failed to keep even the most basic promise on time to all of you who trusted the company and worked hard alongside us,” adding, “The company has been working to assess and resolve the internal situation, and as a result, we intend to pay the unpaid wages.”
She added, “We will provide detailed instructions through our legal representative, Hwagum Law Firm, and make the payments as quickly as possible,” concluding, “I sincerely apologize once again and promise to fulfill our responsibilities to the very end.”
Regarding the unpaid wages and fees at One Hundred Label’s affiliated companies, funds have been secured through additional investment, and the payment process is currently underway. The company plans to complete the payment of unpaid wages and related expenses by the 17th.
Cha Gawon co-founded One Hundred with MC Mong in 2023. Since then, following MC Mong’s sudden resignation last July, One Hundred and Big Planet Made Entertainment have been embroiled in conflicts with some of their artists over issues such as settlement payments.
<The following is the full statement from CEO Cha Gawon>
Hello. This is Cha Gawon, CEO of Big Planet Made Entertainment Co., Ltd.
First, I am deeply sorry for the delay in paying the wages owed to you, and I bow my head in apology.
I am deeply ashamed that we have failed to keep even the most basic promise on time to all of you who trusted the company and worked hard alongside us.
The company has been working to assess and resolve our internal situation, and as a result, we intend to pay the unpaid wages.
We will provide detailed instructions through our legal representative, Hwagum Law Firm, and make the payments as quickly as possible.
Once again, I sincerely apologize, and I promise to fulfill our responsibilities to the very end.
Sincerely, Cha Gawon, CEO of Big Planet Made Entertainment Co., Ltd.
[NEWS] 260606 - Exclusive: VIVIZ wins injunction against Big Planet Made… Court acknowledges ‘unpaid settlement money’
“With this decision, VIVIZ will be able to continue independent activities while the main lawsuit proceeds, and the path has also opened for the group to freely explore the direction of its future activities.
On the 5th, the Seoul Central District Court’s 50th Civil Agreement Division, presided over by Judge Lee Sanghoon, fully accepted the application for an injunction to suspend the validity of the exclusive contracts filed by the three VIVIZ members against BPM.
In its decision, the court ruled that “the effect of the exclusive contracts concluded between the creditors and the debtor shall be suspended until the judgment in the main case is delivered.” It also ordered that the agency must not negotiate or conclude contracts with third parties against the members’ wishes, demand that the members engage in entertainment activities, or request that third parties prohibit the members from carrying out activities.
On March 4, VIVIZ notified the agency of the termination of their exclusive contracts, citing the agency’s failure to fulfill its obligation to pay settlements, failure to provide management support, and the resulting breakdown of trust between the parties. Since then, both sides have continued a legal battle over the validity of the exclusive contracts.
According to the decision, the court cited the agency’s failure to pay the promised settlement money as a key basis for its judgment.
The court determined that the settlement money owed to each VIVIZ member was more than 100 million won, stating that “it is reasonable to view the debtor as having violated its obligation to pay settlement money.”
During the trial, the agency argued that it had difficulty paying the settlement money due to an attempted management-rights takeover by outside forces and false media reports concerning Chairman Cha Gawon. However, the court did not accept this argument. The court found that “the attempted management rights takeover by outside forces and false media reports are merely circumstances unrelated to the creditors.”
The issue of providing settlement records was also a point of dispute. The court pointed out that the settlement statements provided by the agency only listed the amounts of revenue and expenses, without attaching specific supporting materials such as tax invoices and receipts. It also noted that the agency had not provided the related documents afterward or explained how the members could access them.
Attorney Woo Honggyun of Shinwon Law Firm, the legal representative for VIVIZ, said, “The court has decided to fully accept the creditors’ claims,” adding, “The unpaid settlement amount specified in the decision is only part of the total, and we plan to expand the claim during the main lawsuit.”"
🔗https://t.co/mpkpJ9jEH3
#GFRIEND #VIVIZ @VIVIZ_official
BINI has arrived as Billboard Women in Music's GLOBAL FORCE. 🌏
Watch #BBWomenInMusic live tonight at 9:30 p.m. ET / 6:30 p.m. PT on Billboard’s YouTube and https://t.co/mkxt2Giw8h.