4:10 pm - 01/04/2013

Stardom releases official statement regarding the lawsuit filed by Block B

Stardom's Official Position About Block B's Filing for an Injunction

Hello, this is Stardom.

We are sorry to be greeting you at the beginning of the new year of the serpent with a not good thing. Because there are parts wrong in the contents of the incomplete report, we will explain those.

- On unsettled payment of earnings
The profit earnings of the artists Block B, who belong to our Stardom Entertainment, have all been calculated and paid. In relation to the calculations, all earnings have been fulfilled without missing a payment.

The exclusive contract states that in the case when a profit occurs, the payments would be calculated every month on the 25th. However, after debut, from April 2011 to October of the same year for six months, there was not one occurrence of profit, and due to that process we were unable to calculate the payments every month.

In regards to the account balancing cycle, as known at the time of the contract, it was decided to proceed monthly. However we would like to clearly disclose that in March 2012, we visited the members' parents and with approval, the account balancing cycle was changed from every 1 month to every 3 months.

- The swindling of money and valuables from the members' parents by agency CEO Mr. Lee under the pretext of promotion and other fees 
It is true that Mr. Lee who was initially employed as a manager, forged qualification of a 'CEO' and made a counterfeit nameplate and other things, and swindled part of the members' parents.

Mr. Lee tricked both the company and the members' parents. He met the parents on his own accord and extorted money and goods from company funds and the parents. At present, his whereabouts are unknown.

The company found out about this truth too late, but at the time, in the case that the victimized parents turned to the company for this incident, it could cause damage to Block B, so we reached a decision to postpone legal proceedings.

On the account of those victimized, Mr. Lee has been criminally charged and put on the wanted list. We, Stardom, hope that Mr. Lee will be apprehended as soon as possible.

The person who assisted in Mr. Lee's crimes at the time, after resigning from the company, is currently supervising Block B, blaming the company for his own actions on the things he started. We are planning to immediately take legal action about this matter.

- The reality of the dissatisfaction about the small amount of broadcasting
After Block B's comeback on February 2012 and Stardom completed hard work in preparations, in the middle of an active domestic promotion, we had to go through an absence period of about 8 months due to the incident that occurred during an interview in Thailand. After that period, the Block B members came to have dissatisfactions about the company for not being able to smoothly go on broadcast.

Stardom also came across hardships during the above mentioned time. We devotedly worked hard in our efforts so that Block B would be able to promote again, and in the end of it we were able to make it so that they could continue on broadcasts again.

- On the existence of someone pulling the strings
Despite the agency working hard in distributing the profit to provide even a bit better of an earning to our singers in, we confirmed that there is someone working behind the scenes, instigating and encouraging the members in this recent state of an injunction filed to cancel the exclusive contract. We cannot help but lament at this.

That person used the balance accounting issue to intentionally block easy communication between the Block B members or families and encouraged distrust about Stardom. And they blamed the company for all the wrong-doings they did while working inside of Stardom. We were able to figure out the whole truth while recently conversing with the members' families.

- On the measures we will take from here 
In order to hold a discussion with the Block B members, Stardom sent an official document at the end of the year, and while preparing for a meeting this afternoon, we found out through articles on the Internet that the Block B members filed an injunction for revocation against the company. Regardless, Stardom promises to do all that we can to resolve the misunderstandings and aim for a happy resolution with Block B who are still artists with us at this time.

We will work to be able to greet you with better news.
Thank you.

source: youngha @ blockbintl
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raiha_kasep 4th-Jan-2013 09:51 am (UTC)
hope everything will work well to them,,
n that individual,,I wonder who that be
gigabytexx 4th-Jan-2013 09:54 am (UTC)
gray_fairy 4th-Jan-2013 01:20 pm (UTC)
Yamada *____*
jacky_snoopy 4th-Jan-2013 09:56 am (UTC)
..... I honestly don't know what I think about this
bauci 4th-Jan-2013 09:59 am (UTC)
No single earning from April to October?
They had their Japan mini-tour in September and their merch came out during that period, didn't it? I know I spent quite an amount on it.

I think the broadcasting issues are more related to the time that they WERE promoting, not during the time they took to reflect. Nillini Mambo did well but after two weeks or so they were only appearing on MTV the Show...

Why are they taking legal action against mr. Lee only now?

Idk this is too much of a 'We are innocent, we knew nothing'. If you're not up to date about what is going on with your idols then you're not managing them very well.
raiha_kasep 4th-Jan-2013 10:18 am (UTC)
from blockbintl translation, its not earning, but profit
AKP =..=
tothechangmin 4th-Jan-2013 09:59 am (UTC)
We cannot help but lament as we have confirmed that there exists individuals who are encouraging and controlling the members behind this situation of requesting for the nullification of their exclusive contract when we have tried our best to provide even the smallest earnings to our agency artists, and cannot help but lament.

wtf is up with this sentence?

the entire situation sounds really shady, idk if the mr lee part is true but i guess since they mention the police then it is...?
ukwons 4th-Jan-2013 09:59 am (UTC)
sigh. somebody said that zico was faking his sickness (vocal nodules) and he just wanted out of stardom. idk what to think right now.
archenemy02 4th-Jan-2013 05:25 pm (UTC)
erm...doubt that's true though, in many vids taken after Nanlina promotions ended (i think it was a japan mini concet or smth) it's clear he could hardly talk (he was croaking into the mic actually) and a while ago during the Nillili comeback, Ukwon also mentioned that zico was indeed seriously ill and the rest of the members needed to cover for him during live performances b4 the recent comeback
yeolcarp 4th-Jan-2013 10:03 am (UTC)
Stardom this is no way to run a business, even if BB isn't promoting they still need to be paid while they're under contract. When the contract was made it wasn't like they predicted they were going to be promoting every month anyway. And side eyeing the Mr. Lee and the people controlling BB behind the scenes as fuck, too. God, all this Block B drama is too much for me.
soramai 4th-Jan-2013 10:08 am (UTC)
I didn't follow this story. What is it happening ?
damn, just when I begin to care about block b.
bauci 4th-Jan-2013 10:11 am (UTC)
The gist of it is that Block B is not happy how they have been managed and there have been great monetary losses for their parents, thus the lawsuit. Stardom is saying they are innocent in all this.
in_noctem 4th-Jan-2013 10:10 am (UTC)
"Because the members weren’t able to make as many broadcast appearances after then, it seems the members of Block B are holding grudge against the agency."

lazmy 4th-Jan-2013 10:28 am (UTC)
no they couldnt make broadcasts because you started a company on pennies and dimes and had to think about the rent before you could afford to have them on shows all week
mimic 4th-Jan-2013 10:12 am (UTC)
"However, starting from April of 2011 to October of the same year, there was not a single earning during those 6 months, and thus, during then we could not pay out every month"


At least they were honest about the swindling.
raiha_kasep 4th-Jan-2013 10:18 am (UTC)
in_noctem 4th-Jan-2013 10:23 am (UTC)
I'll edit it in, thanks
earthequality 4th-Jan-2013 10:20 am (UTC)

my_faux_pas 4th-Jan-2013 03:55 pm (UTC)
flawless reaction by flawless yunho tbh
lazmy 4th-Jan-2013 10:27 am (UTC)
there exists individuals who are encouraging and controlling the members behind this situation

this is about to get good/real nasty (depending on if you're a bbc)
lazmy 4th-Jan-2013 10:29 am (UTC)
i just want one of them to tweet something to clarify/contribute because their fandom is a mess rn
bauci 4th-Jan-2013 10:35 am (UTC)
I hope they don't because with their track record it could make a bigger mess of it.
bauci 4th-Jan-2013 10:30 am (UTC)
I believe there is someone encouraging Block B to go after Stardom since I don't see any of the members fronting the cause. Maybe PO's or Kyung's parents? I would have bet on Zico's mum but since Taewoon is still in that flop band then idts.
supplanter 4th-Jan-2013 06:13 pm (UTC)
It would be nice if this "someone" were from another company that wants to sign them. (Well, good for the boys, anyway.) Aside from the parents, I wouldn't know who else would bother going after a smallish company like Stardom, unless they have some serious haters. XD
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