SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) – Big Hit Entertainment has denied a latest document that the enterprise and BTS have been in dispute over income distribution and the renewal of a contract.
On Monday (Dec 9), broadcast station JTBC’s News Room aired a document that said the band and its individuals’ mother and father have been searching into taking criminal motion towards the agency.
A few hours after the information turned into broadcast, the enterprise launched a assertion and said the report become groundless.
“BTS and the contributors’ mother and father are presently no longer looking into taking any legal moves towards the business enterprise,” the declaration study.
“The business enterprise checked with the participants and their parents. It became confirmed that the dad and mom did visit a law firm inside the northern Seoul vicinity two months ago concerning some components of the distinct contract (specially related to video content material rights). However, the consultation did now not develop into an legitimate legal fee, and the law firm did no longer offer an authentic criminal advice,” it delivered.
According to the JTBC file, BTS participants and their mother and father have objected to the terms of the organization’s distinctive agreement renewed in October.
The agency stated it has suggested that the members and their dad and mom discuss with specialists together with accountants and attorneys.
“As the amount of value BTS creates rises each day, it’s far natural for BTS as a group or as individuals to listen to outside professionals’ opinion,” the statement examine.
It went on to say that the legal consultation did not take place after BTS and the organisation disagreed on the contract renewal, but instead occurred before the dialogue, to set “an exemplary contract renewal.”
The business enterprise has accused JTBC of making exaggerated claims with out checking the statistics. It additionally said JTBC violated the code of ethics by using trespassing.
Meanwhile, a South Korean news outlet mentioned on Tuesday that BTS will release an album in February, though the corporation said the precise time table has yet to be showed.