Jeon Hong Joon, the CEO of FIFTY FIFTY’s agency ATTRAKT, has made a new statement regarding the “external forces” that approached the group’s members about violating their contracts.
Earlier this week, ATTRAKT released a formal statement announcing that a third party had approached FIFTY FIFTY in the hopes of enticing them to violate their exclusive contracts with their current agency. ATTRAKT stated, “Through slanderous accusations against us and glorified flattery about themselves, these external forces are committing an illegal act of inducing our agency’s artists to make the wrong decision to ignore their valid exclusive contracts and sign contracts with them.”
ATTRAKT went on to declare that it planned to hold the third party in question legally liable and that it would “fight to the end without compromise” in order to do so.
On June 25, in an exclusive interview with Korean news outlet Sports Chosun, Jeon Hong Joon remarked, “We are receiving information about the identity of these external forces through a variety of routes. The identity of the forces pulling the strings from behind will be revealed soon.”
“Things will not go the way that these external forces maliciously intend,” he continued. “It will be a difficult time for us, but we will take legal action until the end. As a veteran who has worked in the Korean music industry for 30 years, I will put my honor on the line to stand up against this injustice and fight back.”
Jeon Hong Joon added, “Even now, what I’m most worried about is the FIFTY FIFTY members, who will be hurt by this situation. I hope that they will return as soon as possible to their agency and gradually move forward with the projects that we had been in the process of preparing, such as their American promotions.”
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