Tuesday, July 31, 2012

[Article] Jung Min Successfully Won Lawsuit on Exclusive Contract

Another news translation about Jung Min winning the lawsuit against his agency.  Much thanks to @charismajo of PJM International Fan Club for sharing this with us.

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[News] Park Jung Min Won Lawsuit Against His Agency
Source: http://star.mt.co.kr
Chinese to English: charismajo@PJMIFC
Proof-reading: 피오나@PJMIFC
Redirect with full credit [ Park Jung Min International Fans Club http://www.park-jung-min.com ]

Idol group SS501 member, Park Jung Min (25), had won the lawsuit against his agency CNR Media for the suspension of his contract.

On 31st July 2012, according Seoul Central District Court, Law article 50 Section IV, the Seoul Central District Court commented that Park Jung Min had successfully won the application for suspension of the ban on exclusive contracts with CNR Media.

Today, a co-worker together with Park Jung Min told StarNews: "Park Jung Min had finally won the lawsuit.. He (Park Jung Min) had a very hard time during the lawsuit period but it all ended with a well. This is really great."

Due to the reason of not receiving “Appropriate Distribution of Income”, Park Jung Min had decided to apply a lawsuit to the Seoul Central District Court in April 2012 this year.

Park Jung Min commented that "According to the contract with CNR Media, the Domestic revenue is 80% to 20%, while the Overseas revenue is 50% for both parties. However, apart from receiving 150 million from CNR Media, he did not anymore received anything further than that."

Park Jung Min had signed the contract with CNR Media at the end of 2010. This agency is cooperated with Taiwan drama producer (Comer-Ritz) and Roy Media of Korea. Park Jung Min had decided signed the contract and joining the agency as he wants to participate in Asia activities, as well as filming Taiwan drama as well.

5 comments:

Anonymous said...

yeay!!! congratz jung min!! i'm very happy for you~ now cnr got a piece of your mind.. :D

Anonymous said...

yay minnie im so happy for you! i hope you get back what you deserved! does anyone know who gets 80% though, is it him?

Anonymous said...

'had a hard time during the lawsuit'- i'm glad that you finally overcome your problem..congratulations jungmin ^^

Anonymous said...

Yes, JM gets 80%.
I think it's high rate.
Other companies can't accept this rate.
Now both (JM and CNR) are satisfy to stop the contract, because CNR has not much profit with him.

Anonymous said...

JM's contract is the worse of SS members.
He wastes much time.
Hope his next company is better.