Archive for November, 2012

JYJ3

Park Chan Jong is a progressive politician and lawyer who works for human rights and minors in Korean society.

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[TRANS] JYJ…came to an agreement with SM to terminate the trial. They were able to shake off the mental burden due to lawsuit faster. I have said that contract termination of a “slave contract” with SM is inherently impossible. It took 3 years but you were able to get an amicable agreement. Big round of applause to JYJ!

Source: @parkchanjong
Translation by: rubypurple_fan of JYJ3
Shared by: JYJ3

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At last!!! The road is tough but you have us!

JYJ3

The group JYJ (Jaejoong Kim, Yuchun Park and Junsu Kim) has got free from SM Entertainment.

The dispute between SM Entertainment and JYJ has been completed based on mutual agreement , 3 years and 4 months later since it started.

According to legal circles, SM Entertainment and the three members of JYJ agreed to finish their all contracts based on the date of July 31st, 2009. Also the both parties made written agreement containing that 1) the both would cancel all lawsuit filed against each other, 2) will not disturb any activities against each other.

Jaejoong, Yuchun and Junsu who debuted as the group TVXQ in 2004, filed a lawsuit to clarify invalidity of exclusive contract on July 31st 2009 and have had their activities as JYJ since Sep, 2010.

Original Link: Asia Today via Nate
Translated by: 
http://dedicatee.wordpress.com

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SUMMARIZE: The Reactions of Chief Directors and other directors at the entertainment part in the Broadcasting Company…-  about end of the ruling and the future

KBS:
(Chon Jinkook-Chief Director)
I heard the news this afternoon..
I think we can tell about our position after the taking and arranging the situation..
As the main reason was ruling..
So, in my opinion, there’s no reason to block their appearances on our programs if it is clearly solved..

MBC:
(Won Mansik-Chief Director)
Although the ruling was over.. I think their appearances need the time..

(and other officer said…)
We have no discussion about their appearances on our programs (including our music programs and entertainment programs) until now..
I think the whole entertainment part should think about this for now..

SBS:
(Park Seungmin-SBS ingigayo PD) It’s the problem of the whole entertainment part.. We still have no discussion about this.. So I have no…

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I believe in retribution. I am not even surprise.

JYJ3

SM Entertainment (CODE 041510) showed earning shock [economic performance shows a lot lower than expectation]. Its business profits in this third-quarter were below analysts’ estimated profit – which were less than half of estimated figure.

SM submitted its report of this quarter to the Financial Supervisory Service at 14:12 without any public announcement. According to the report, its business profits for third-quarter was 11.7 billion KRW. It was more than the last third-quarter, but a lot less than expectation of stock market. Analysts had estimated its third-quarter’s business profits to be 20~23 billion KRW.

The stock price responded immediately. It started to falling slowly right after its report, and hit the floor of the lower limit at 14:25.

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