FIFTY FIFTY members claim to reveal the truth behind ATTRAKT's CEO

2023-10-13
The dispute between the new girl group FIFTY FIFTY and their agency ATTRAKT continues, as four members Keena, Saena, Sio, and Aran have expressed their stance on their personal SNS accounts, attracting the attention of the Korean media.
On the 12th, FIFTY FIFTY wrote on their personal IG: "The agency representative told the representative of Company A that he considers the pre-paid debt of 50 billion KRW, which belongs to my company S, as an investment in FIFTY FIFTY."
The members claimed that the management company has been avoiding explaining to the members till now. The members demanded that the company should provide a proper response. "We asked for settlement processing and details, including deficits and surpluses, but the management company did not respond. Instead, they unexpectedly invested 8 billion Korean won in a YouTuber and saddled us with the label of traitors."
FIFTY FIFTY stated, "Don't try to deceive us with false information. If you intend to obscure our hard work with falsehoods, CEO Jun Hong Joon only avoid addressing the incident's facts and unjustly target the members."
Additionally, FIFTY FIFTY also means: "Exposing all that harms our health and controls our activities before being made public. Additionally, it will reveal the fact that we repay other S agency's debts with our sound source and record income, and the reason why we had to leave our agency."
In June this year, FIFTY FIFTY filed an application for the suspension of the exclusivity of the contract to the Seoul Central District Court, alleging that the management company ATTRAKT breached the contract and undermined the trust relationship. Members claimed that ATTRAKT had no obligation to fulfill the contract unilaterally due to unclear settlements and difficulties in activities.
The application to suspend the exclusive contract made by FIFTY FIFTY was a unanimous decision made by four members without any external intervention. However, the Seoul Central District Court has made a decision to reject it.
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