[NEWS] SM: We gave DBSK 40% of the profit

SM Entertainment revealed recently, “We split profits with group Dong Bang Shin Ki at the ratio of 4:6.”

Revealed on MC programme “Current Affairs Magazine 2580′ aired on 9th August, Dong Bang Shin Ki has brought in a recorded 4.98 billion KRW. Of these, SM has invested 2.24 KRW. And the rest was split between the group and SM at 4:6.”

SM said, “Of the benefits, Dong Bang Shin Ki gets 4 proportions and SM gets 6 proportions. Of the 2.74 KRW, Dong Bang Shin Ki gets 1.10 KRW and SM gets 1.64KRW.”

It was also revealed that for overseas promotions, Dong Bang Shin Ki gets 7 and SM gets 3 proportions.Also for overseas event, CF revenues, they are split at 7:3.

But according to the 3 members of Dong Bang Shin Ki, “The splitting of profits is not transparent. We cannot trust them.”

And also about their 13-year contract, SM said, “We also secured the time when the group went overseas to promote. In Korea 3~4 years, in Japan 3~4 year, in China, it was 3~4 years.”

And about this, the 3 members’ lawyer said, “This is a contract which will make this idol stars work their live. Also for album sales, they only receive no more than 0.4~1% for each member.”

Updates on the case of the lawsuit against SM Entertainment.

Credits: KBites

Shared by: DBSKnights + leader-sshi

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SUM :

Pernyataan ini, dibuat di MC program “Current Affairs Magazine 2580” yang disiarkanpada 9th August 2009.,,

SM menyatakan bahwa pendapatan dalam negeri DBSK (Korea) sebesar 4.98 billion KRW, dimana 2.24 KRW diinvestasikan, sedangkan sisanya dibagi dengan proporsi 4:6 (DBSK 4 : SM 6)..,, Sehingga DBSK mendapat 1.10 billion KRW sedang SM 1.64 billion KRW..,,

SM juga menyatakan bahwa untuk pendapatan luar negri dan CF profit dibagi dengan pembagian 7:3 (DBSK 7 : SM3)..,,

Namun menurut ketiga member DBSK, pembagian profit tersebut tidak transparan....,, Sehingga para member tidak dapat mempercayainya..,,

Sedangakn unutk kontrak 13 tahun, SM menyatakan bahwa kontrak itu dipakai unutk 3-4 tahun di Korea, 3-4 tahun di Jepang dan 3-4 tahun di China..,,

Namun pengacara DBSK menyatakan bahwa kontrak 13 tahun berarti kontrak seumur hidup, yang bahkan untuk penjualan album, para member hanya mendapat 0.4 – 1 % tiap orang dari profit keseluruhan..,,

*leader-sshi