The most recent claims state that Lee Seung-gi, a South Korean actor and singer, has not received payment for his songs in the preceding 18 years.
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On November 17, the actor formally requested a report on his musical endeavors and funds amassed over the past 18 years through his old agency, Hook Entertainment. The same source claims that the actor has not received even pennies from the sales of his records.
On November 21, Dispatch reported that the actor would receive a letter from a Hook Entertainment staffer in January 2021 that would allow him to check the sales figures for his song.
However, he did not receive any of the earnings or profits. The actor’s suspicions appeared to be confirmed when Dispatch simply reported that the actor never received any money from Hook Entertainment. Over 130 songs have been written by Lee Seung-gi during his 18-year musical career.
His first movie, Because You Are My Girl, launched him to fame in 2004. He continued to write popular songs after his debut one, which PSY produced, including Delete. Numerous awards, including two Baeksang Arts Awards, four Mnet Asian Music Awards, eight SBS Drama Awards, and twelve SBS Entertainment Awards, were given to the actor and singer in the years that followed.
Dispatch claims that although Lee Seung-CDs and gi’s brought in a lot of money for Hook Entertainment, the Return singer never received any of it. Over 100,000 copies of each of his first three albums, released in 2004, 2006, and 2007, were sold.
Many individuals at the time used the actor’s songs as ringtones as his fame grew. His song served as Cyworld’s theme song as well. On the other hand, his old agency hasn’t given him any money from the music earnings or royalties.
Seung-gi Lee
Because You Are My Girl’s producer PSY said that he received royalties from the song’s sales and streaming. Lee Seung-first gi. Allegedly, all sales revenue from the actor’s songs and CDs was withheld by Hook Entertainment. The actor reportedly earned more than $7.16 million from his songs between 2006 and 2022, according to sources. The amount was recorded as sales in his agency’s corporate account.
The agency allegedly tampered with the sales and earnings records for the actor’s musical endeavors. Dispatch also disclosed that account information for sales and income for the years 2004 to 2009 was lost and cannot be recovered.
It’s hard to estimate how much money was spent and how much money the actor made at the time from his hit songs. The magazine from South Korea estimated that the sales will amount to 10.0 billion KRW (about $7.46 million).
The actor received no money from the digital sales of his sixth record. The Dispatch report claims that Lee Seung-gi was routinely taken advantage of by his former agency, Hook Entertainment.
Another representative of Hook Entertainment allegedly tried to convince him by saying:
The manager, Kim The end of Lee Seung Gi. Take the right route. less money spent
The CEO of his former agency allegedly took steps to ensure that the actor didn’t use the business credit card for dining out or other personal costs.
The actor’s followers on Twitter
Fans raced to Twitter to express their displeasure at Hook Entertainment and threatened to punish the company harshly. The actor’s prior agency’s treatment of him has infuriated fans. In 2021, Lee Seung-gi left Hook Entertainment to create his own company, Human Made. The Law Cafe on KBS2 was where he most recently made an appearance.
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