South Korean actor and singer Lee Seung-gi hasn’t been paid for his music within the final 18 years, as per the most recent experiences.
On November 17, the actor formally requested a clear report on his musical actions and income earned from his former company, Hook Leisure, for the previous 18 years. In the identical report, the actor claimed that he hasn’t acquired a single penny for the gross sales he has made out of his albums.
On November 21, Dispatch reported that in January 2021, the actor mistakenly acquired a message from an worker of Hook Leisure the place he might see the income and earnings made out of the gross sales of his music. Nevertheless, he didn’t obtain any of the income and earnings.
The actor’s claims had been seemingly corroborated when Dispatch not too long ago revealed that the actor by no means acquired any cash from Hook Leisure.
Lee Seung-gi has composed over 130 songs in his 18-year musical profession. The actor rose to fame in 2004 when he made his debut with As a result of You Are My Woman. Following his debut music by him, which was produced by PSY, he composed different prime songs reminiscent of delete.
The actor and singer went on to win many awards, together with two Baeksang Arts Awards, 4 Mnet Asian Music Awards, eight SBS Drama Awards, and twelve SBS Leisure Awards.
Lee Seung-gi’s music reportedly earned 9.6 billion gained ($7.1 million) between 2009 and 2022
In keeping with Dispatch, Hook Leisure made an enormous quantity of revenue from Lee Seung-gi’s albums, however the return singer by no means acquired the income. He offered greater than 100,000 copies of his first three albums by him, launched in 2004, 2006, and 2007. Many used his music by him as their ringtones because the actor’s reputation rose throughout these instances. Additionally they used his music by him as background music for Cyworld. Nevertheless, his former company hasn’t paid him something from the music’s revenue and income, together with royalties.
PSY, the producer for Lee Seung-gi’s debut music As a result of You Are My Womanacknowledged that he acquired royalties after the sale and streams of the music.
Hook Leisure reportedly hid each revenue the actor earned from his songs and albums. It has been reported that between 2006 and 2022, the actor’s music earned him over $7.16 million in income. The quantity was recorded as gross sales in his company’s company account.
The company has reportedly manipulated the gross sales and income report for the actor’s musical actions. Dispatch additionally reported that account experiences for gross sales and income from 2004 to 2009 have been misplaced, and the data can now not be recovered. It’s laborious to verify how a lot cash was spent and the way a lot revenue the actor has earned from his hit songs throughout these instances. The South Korean publication estimated that the gross sales would quantity to ₩10.0 billion KRW (about $7.46 million). The actor didn’t obtain any of the income he made out of the digital gross sales of his sixth album.
In keeping with the Dispatch report, Lee Seung-gi was the sufferer of gaslighting by his former company, Hook Leisure, on quite a few events.
Dispatch additionally reported that folks in authority on the company used to mock him.
“Seunggi! Your followers do not buy albums. They do not have cash however have lots of issues they need.”
One other individual in authority from Hook Leisure reportedly used to govern him, saying:
“Supervisor Kim. Lee Seung Gi is completed for. Take the suitable path. Save on bills.”
In keeping with the report, the CEO of his former company made positive the actor didn’t use firm’s card for meals and private actions.
Followers of the actor are outraged and indignant on Twitter
Followers took to Twitter to precise their anger at Hook Leisure, expressing their need to take strict motion in opposition to the company.
Followers are saddened by how badly the actor was handled by his former company.
Followers are sending their assist and encouragement to the singer, who’s lastly preventing for his rights.
Lee Seung-gi left Hook Leisure in 2021 and established his personal company referred to as Human Made. He not too long ago starred in KBS2 drama The Legislation Cafe.