The court ordered The Givers and CEO Ahn Seong-il to pay 499.5 million KRW.
Attract affirmed its commitment to prioritizing artists' rights.
[TV Daily Reporter Kim Han-gil] The agency of the group FIFTY FIFTY, Attract, has commented on the recent ruling regarding damages against The Givers. On the 16th, Attract announced that the Seoul Central District Court had ruled, on the 15th, that The Givers and CEO Ahn Seong-il should jointly pay 499.5 million KRW, marking a partial victory for Attract. This case is significant as it is the first instance where the court recognized allegations of obstruction of business and embezzlement against The Givers. Attract emphasized its commitment to prioritizing the rights of its artists and taking resolute action against unfair practices. Additionally, the agency expressed a desire to showcase the truth through this lawsuit and finds comfort in the idea of just retribution. They also thanked fans for their unwavering support and promised to repay their love with better music and activities.
This ruling marks a significant milestone for Attract, the agency of FIFTY FIFTY, as it is the first positive outcome in their legal endeavors aimed at protecting artists' rights. Notably, the court's recognition of business obstruction and embezzlement highlights the legal authority of agencies and the necessity of safeguarding artists in the K-pop industry. This outcome could raise awareness for similar cases in the future, promoting greater transparency within the industry.
Furthermore, Attract's gratitude towards fans indicates how much they prioritize the bond between artists and their supporters. Fans are recognized not just as consumers, but as crucial contributors to an artist’s growth. Consistent communication like this could solidify the relationship between Attract and FIFTY FIFTY, fostering deeper connections.
Finally, it is hoped that this case will encourage the K-pop market to respect sound legal procedures for better development and strengthen awareness regarding artists' rights. Ultimately, this will have a positive impact on both fans and artists alike.
This article is KOSTAR’s reinterpretation of a story originally reported by TVDaily.
Photo: DB
