Chinese Trans: No.43 Park
Park Jung Min Management Company to appeal.
Regarding
singer Park Jung Min injunction against exclusive contract disputes,
management company CNR Media gave their official statement.
On the 9th,
CNR Media states, after looking thru the official reported
documentations ‘Head Office and Legal Affairs of the China entertainment
Corporate, cannot accept the decision on the preliminary injunction
thus they decided to appeal against this injunction’.
According to
CNR Media, from 2011 the company overall expenditure is approximately
1.1 billion. In order to sign the 400 million contract with Park Jung
Min, they paid (Park Jung Min) the same amount of 50 million contract
conditions which is of the same level of the best artistes.
But when Park
Jung Min was carrying out liquidation in the second half of 2011,
asking for the agency to pay for the equivalent of more than 80% of the
700 million income. CNR media thus states that “(Park) without any
evidence or proposition to terminate the contract with the company made
by the imposition of unreasonable propostion.”
Moreover, CNR
Media stated again “Park Jung Min said, ‘Therefore, the application for
the preliminary injunction is due to that they do not carry out the
liquidation’ despite the efforts by the company, but with the
required amount requested by Park Jung Min, the difference is too huge,
with that the company cannot agree.
Furthermore,
CNR Media side, legal CETV states, “This incident, it is the artiste
himself who disregard the company who wants to solve the liquidation
problem, making unreasonable demands, not cooperating to negotiate with
the company and resolve, making his own decision to terminate the
contract, disregard the company when undergoing his solo activities.
Dissatisfied with the preliminary injunction decision, thus decided to
appeal. Relevant documentation are already in the confirmation stage.”
Regarding this
matter between CNR and Park Jung Min, it is being on hot discussion and
in the news “Park Jung Min kept working without getting any money”
creating hot topics. (The company) suffered huge losses, but also
stressed that because this matter, now in the entertainment industry,
it has come to a state that they do not know whether can they continue
to work.
On the other
hand, Park Jung Min during Oct 2010 the collaboration between Taiwan and
S.Korea company CNR Media which has a 3 year contract, on Apr 2012
applied for the injunction against to demand to an end to the
effectiveness of the management contract.. This year on 31 Jul Seoul
Central District Court rule in favour of Park Jung Min with regard to
the preliminary injunction.
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