Tag Archives: SM

[TRANS] 100513 Yunho And Changmin To Attend A Media Conference Held by James Cameron, Samsung Electronics And SM



SM Entertainment Company will be working together with James Cameron, the creator and director of Hollywood blockbuster, Avatar, and Samsung Electronics on a series of 3D-related production (including movies, music and other tools of commercialization). SM, Cameron and Samsung Electronics will hold a combined conference regarding the expansion of 3D-related content on the 14th at Samsung Electronic’s multi-purpose hall located in Seocho-dong, Seoul.

Other than the SM production team, BoA, Yunho, Changmin and other artistes will also attend the conference.

On the other hand, James Cameron, who arrived on the 12th with his wife for a 3-day schedule, will return to Los Angeles on the afternoon of the 14th after concluding his schedule for the “Seoul Digital Forum”.

source: baiduTVXQ + Joins Bang Song
translation: kimuchi3005 @ OneTVXQ.com
credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
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[INFO] 100507 Account Of The Hearing (Fanaccount)


T/N: This is NOT me. I found this on Yuaerubi (in a section only open to upgraded members) and thought that you all should read it. Recently, my rights as a translator were questioned for deciding not the translate something so here I am leveling out the playing field. You know as much about this as kCassies do now. Things have been bolded for your convenience. DO NOT SHOOT THE MESSENGER. kthnxbai


Today was the hearing between sm and the three members…
First of all, my personal thoughts have been put into this so please take that into consideration as you read it. I should have written stuff down while I was there T_T…
I don’t remember everything… but I will write everything I remember here.
When I went, there were a couple of reporters and… President Kim Young Min as well as some woman, and that woman kept sighing… like someone who was innocent and being unfairly treated… throughout the whole trial, especially when the three members’ lawyer was talking…
(I know now that, that woman is the President of SM Japan)

I’ll talk about what is being talked about between our stars (Cassiopeia) first. You have to know this.
I see a lot of our stars saying that the three members should agree to the conditions laid out today, but remember that SM was not the ones to put forth those conditions!!!

If you look through the articles about the conditions…
The idea came from the judge near the end of the hearing,
The judge gave SM’s representative a very extreme example and asked him if SM would be willing to change the three members’ contract if the terms of contract were a year long and if the contract was entirely different from the current one.
SM’s representative told the judge to ask that to Kim Young Min,
Kim Young Min stood up (to me, he looked kind of hesitant) and said, “We would be willing to come to a settlement.”
It felt like he was saying that they would be willing to consider but not that they would agree on a settlement for sure.

To this, the judge asked the three members’ side the same question, and the lawyer talked as if he had no inclination to come to a settlement.
It did seem as though he was watching what he said as the three members weren’t there, but he said that the three members didn’t really want to come to a settlement..
So the judge asked if a settlement was impossible and the three members’ lawyer said something about personal trust and that the relationship between the three members and SM had become too tight.

And overall… this was a bit.. iffy.. but personally, I thought SM’s lawyer spoke very well. I almost felt as though I was being persuaded?
What he said sounded so credible… but he was a bit arrogant? He sat crooked in his chair, and I felt that the way he spoke was a little arrogant too.
Compared to him, the three members’ lawyer was… so lacking that I wanted to speak instead of him.
The judge was kind of throwing questions at them in a kind of attacking way and was able to pick out all the flaws in the arguments.

And he said that two out of the three members had credit lines (*please see below) and asked SM how they were going to explain that.
+)The judge said to SM’s side, “You said that two of the three members have credit lines, right?” SM tried to say, “No, one…” but the three members’ lawyer cut in and said, “It’s two.”

And Crebeau wasn’t brought up that much.

SM’s side stated that SM balances accounts biannually. The three members’ side stated that this all happened partially due to the fact that the members’ wages for the first half of 2009 weren’t right, so SM had told them to come check for themselves.
The information for concerts and activities aren’t sorted into TVXQ, Super Junior, SNSD, etc, but it comes all together in the groups of 200X, month X, day X so SM said all the information they had could store a container truck.
They said that was why they did not submit the documents to the Courts, and they told the three members to come check for themselves, but a representative of the three members came instead. So the judge asked SM why the three members had to come, and why the representative simply couldn’t have been given the files to give to the three members. SM’s representative stated that the members themselves would know best of what they performed in so they should personally come…

Anyway, they still haven’t been able to properly check this as there wasn’t an answer.
(Sorry… I don’t remember a lot of this part…)

Also, the three members’ lawyer said that he received a copy of the accounts but the specifics of what came from where were not written on them.
For example, it said that TVXQ earned 3.4 billion Won from their first Asia tour concerts that had a total of 14 performances but in their second Asia tour, that had a similar number of audience members and a couple of extra performances, they earned 1.5 billion Won less (I don’t remember if he said that it was 1.5 billion Won less, or that it was only 1.5 billion total).

Therefore, he said that he couldn’t trust SM,
and for the Japanese activities, TVXQ earned over 99 billion Won but no money ever gets to them, and that their Japanese earning are split between AVEX and SM Japan, and then to SM and then to the members.

He was questioning where all that money went… (sorry;; my memory is….) and the judge asked him what his point was, and also asked if his point was that he can’t trust in AVEX, and if the members can’t trust in AVEX, why they renewed their contract with the agency.
The lawyer said that it wasn’t that the three members didn’t trust AVEX, it was that they couldn’t trust what came after AVEX… something like that.

In conclusion, the judge said that neither side seemed to want to back down from their stance and that it would be hard to reach a settlement.
+)But the three members’ side did say they would talk to the three members about it again.

If I could say one more thing, I think SM has a lot of evidence prepared for this lawsuit. Every time the representative opened his mouth, he would say that he would submit it all later……..

When people were leaving after the hearing… I went out when Kim Young Min was leaving…. and I almost swore…. he was smiling as he was walking out and he had such a… confident expression on his face…. I personally thought the judge was leaning towards SM’s side.. (that’s a personal thought)
Anyway, the lawyer was very convincing… I would get so angry, I wanted to get up and speak for the three members instead.. they would say ridiculous things….. as I said, I’ll add more when I remember it.

+++)
(Sorry for the continuous adding of new things… I keep remembering things..)
Near the end, when they were talking about a settlement, the judge asked for the three members to say something about it themselves,
but the three members’ lawyer said that it hadn’t been long since the three members were no longer minors and they might not be able to speak well in such a situation.
The SM lawyer sneered and said, “They aren’t kids anymore, are they?”…. His voice was dripping with mockery.. (from a personal standpoint)
Honestly, the three have never been to such an environment so it is true that they might not be able to speak well,
I think that was why the lawyer said such things…. um….

++)
And what the three members’ side was emphasizing was performing activities as five.
That the three members really wanted to perform as five..

+)
They were told to submit all documents by late-May… that will probably be when the verdict is made..?
And what I’ve written here contain no lies, they’re all things I saw and heard.
I hope that our stars believe in them and wait for them till the end.

T/N: Line of Credit – A line of credit is any credit source extended to a business by a bank or financial institution. A line of credit may take several forms such as cash credit, overdraft, demand loan, export packing credit, term loan, discounting or purchase of commercial bills etc. It is like an account that can readily be tapped into if the need arises or not touched at all and saved for emergencies. Interest is only paid on the money actually taken out. The concept has been introduced recently after the East Asian Crisis. The government can borrow money from international monetary institutions without having to handle the problem of an increasing foreign exchange reserves.

Lines of credit are often extended by banks and financial institutions to credit worthy customers to overcome liquidity problems (source: Wikipedia)

Source: [Yuaerubi]
Translation credits: jeeelim5@tohosomnia.net
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[TRANS] 100507 TVXQ 3 Members Vs SM Hearing ‘On Parallel Sides’


TVXQ 3 Members “The unfairness of the contract is grave” vs SM “The way we treat TVXQ is not bad compared to other agencies”

Three members of TVXQ (Xiah Junsu, YoungWoong Jaejoong, Micky Yoochun) and SM Entertainment had their first hearing today regarding an objection to the verdict on a contract suspension injunction that was made last year, and were unsuccessful in closing the gap between their conflicting stances.

The legal representatives of the three members of TVXQ and SM met at the Seoul District Courts at 5 p.m. on the 7th to state their stances on the lawsuit made by SM Entertainment regarding an objection to the contract suspension injunction verdict.

This hearing was held after SM filed for the lawsuit on April 12th as an objection to the partial acceptance verdict made by the Courts last year.

At the hearing, SM’s representative stated, “Compared to other agencies in Korea, TVXQ’s income division is not unfair,” and emphasized that TVXQ’s income division was not a pressing issue in the exclusive contract.

The representative also strongly questioned the three members’ action of signing a separate contract with their Japanese agency AVEX although only the contract suspension injunction, not the actual lawsuit, had been partially accepted by the Courts.

On the other hand, the three members’ representative stated, “The length and the income division section of the exclusive contract between SM and TVXQ is so unfair that the situation is very grave.”

The judge in charge of the hearing (Judge Choi Sung Joon) questioned both sides of the possibility of a settlement, but no groundbreaking outcome came of it.

The Courts asked both sides whether a settlement could be made if the contract was fixed but received different answers.

When the Courts asked both sides if a settlement would be possible if the Courts shortened the length of the exclusive contract and if the income division was made more equal SM’s representative said “Yes, a settlement would be possible,” but the three members’ side gave a skeptical answer and said, “The three members have lost their faith in SM and they think negatively of the prospect of working with the agency again.”

However, the three members’ side stated near the end of the hearing that, “If SM’s desires for a settlement are sincere, then I will talk to the three members and will report back to the Courts.”

On the other hand, Kim Young Min and Nam So Young attended the hearing as SM and SM Japan’s representatives respectively but none of the members of TVXQ attended. The Courts will examine all files submitted by both sides till the end of this month and reach a verdict regarding SM’s objection to the contract suspension injunction verdict.

Source: [spn edaily]
Translation credits: jeeelim5@tohosomnia.net
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[TRANS] 100506 SM Vs TVXQ 3 Members’ Lawsuit Begins, First Hearing On The 7th


The lawsuit between TVXQ members, YoungWoong Jaejoong, Micky Yoochun and Xiah Junsu, and SM Entertainment will begin on May 7th.

SM Entertainment took action against the three members of TVXQ and filed for an objection to the verdict on the contract suspension injunction as well as a verification of the continued existence of the exclusive contract. The first hearing for this lawsuit will be held at the Seoul District Courts on May 7th in the afternoon.

On this day, only the legal representatives of the two side will be attending the hearing. As this is a civil suit, the three members will not be participating in the trial.

The three members of TVXQ filed for a contract suspension injunction against SM Entertainment on July 31st, 2009 to the Seoul District Courts and were rewarded with a partial acceptance verdict on October 27th.

At the time, the Courts stated, “SM can no longer sign contracts regarding any TVXQ activities without notifying the members beforehand. SM must also not interfere with any individual activities the members of TVXQ wish to pursue.”

Then, SM filed a lawsuit against the three members on April 12th, 2010 objecting the verdict to the contract suspension injunction and asking for a verification of the continued existence of the exclusive contract. SM also called for the three members to pay 2.2 billion Won in compensation.

SM’s representative stated, “After the injunction, we have tried hard to continue TVXQ’s existence so we have kept this lawsuit aside. However, as the three members did not give an official statement regarding future TVXQ activities and as TVXQ’s Japanese activities were suspended, we have decided to go ahead with the lawsuit.”

Source: [newsen+DNBN]
Translation credits: jeeelim5@tohosomnia.net
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[TRANS] 100225 “No Particular Change At SM Expected!”


Is There Any Particular Change Expected at SM? No

Daily News Korea
ⓒ 매일경제 & mk.co.kr
2010.02.25 11:24:37 입력

A founder of the SM entertainment resigned from SM.

SM entertainment spokesman explained that,
“from now on Lee Soo Man will focus only for future foreign production activities.”

Lee Soo Man will withdraw from his duties at SM (Korea) which he founded in 1995.
He will formally resign from a public management director’s position on the 25th,
and stay only as a main shareholder of the SM entertainment in Korea.

However, it is expected that no particular change will be made at SM after his resignation
from the director’s position since SM (in Korea) has been administered by the representative Kim Myongmin.

However it could bring the case that the SM artist’s situation/내실
could be strengthened/improved/강화될 due to this change at SM entertainment (Korea).
(*No specific word written here about what kind of artist’s “situation/내실”)

Recently Avex sold their stock to Lee Soo Man and Neowizbugs.
Even if Lee Soo Man has resigned from SM director’s position,
he remains strong as the main shareholder of the SM owning total of 28.3% in share.

*T/N: There is much news in Korea about Lee Soo Man today,
but none of them mention anything specific about TVXQ.
So, let us not have any unnecessary worries and Always Keep The Faith together as always!^^

Always Keep The Faith!

Source: link
Translated by: Junsulv@OneTVXQ.com
Shared by: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
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[NEWS] 091211 SM TOWN Cancelled, 872 People Request For Compensation


The number of people who applied for compensation, at the Korea Consumer Agency, for the cancellation of SMTOWN in August have reached 872.

On 10 December, a representative from the Korea Consumer Agency – Court Committee of Consumer Disputes said, “SM cancelled the contract (T/N: Here, the term contract is used because it is a business exchange between the ticket buyers and the company) and this caused the other parties to request for compensation. Adding the 240 people that filed for compensation on 9 December to the 632 people that filed previously, there is a total of 872 people.”

A representative said that a majority of the applicants were youths, and proper proceedings will be carried out after these 872 applicants have been verfied. Due to the dispute SM is having with 3 members of TVXQ, the “SMTOWN LIVE ‘09″ concert that was to be held in August was cancelled.

The Committee estimates that the total sales for that concert amounted to roughly $9,090,000,000 (Won), and the Family Ticket which allowed 4 people to enter together amounted to $143,000 (Won). The Committee will take into consideration that most of the applicants are youths, so the latest the verdict will come out is by next year, and a conclusive verdict will be given then.

source: [Naver News + KB在中家族]
translation credits: mandasoh@tohosomnia.net
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