Three members of Korea’s hottest pop group TVXQ – Micky Yu-chun, Xiah Jun-su, and Hero Jae-joong – filed a legal action against its agency, SM Entertainment. The law firm representing the three members said that they signed 13-year exclusive contracts with SM Entertainment, which is essentiall! y binding lifelong contracts. They also claimed that the profit distribution enforced on them by SM Entertainment is unfair.
The press release issued by the lawyers said that the group was subject to grueling schedule since their debut in 2004, shuttling between Japan, China and Korea with very little rest. They can’t get out of this predicament, because they essentially belong to SM Entertainment for 13 years, 15 years if military services are included. The members were also given only 0.4 to 1% of total album sales. Before the contract revision in February, they were promised only 10 million won each if the previous album sold more than 500 thousand copies.
The fans of TVXQ have been in a state of panic ever since the news of a possible breakup made the headlines. Despite the provisional disposition to terminate the contracts, however, the remaining two members – U-Know Yun-ho and Max Chang-min – and the agency both said that the band would continue performing and it would not disband.
KBS Global
god this is intense
wow. this is so sad... i don't want them too breakup but with sm like that i'll leave too and sue.
i feel like crying now..
hope there's no breakup..
please leave SM as whole,
n please sty 2gether..
even after they leave SM Town...
dont believe this type of article -.-... they are not breaking up.