12:22 am - 10/18/2019

Polaris Gets Sued, Orbits React

"In the court case involving Polaris Entertainment and global IT company Donuts regarding an unreturned lease deposit, the courts have sided with the latter.

According to reports, the Seoul Central District Court ruled on October 8 that Polaris Entertainment and its CEO Lee Jong Myung must pay Donuts 360 million won (approximately $304,700) for the lease deposit, as well as additional compensation for losses incurred due to delays.

In 2017, Polaris Entertainment teamed up with Donuts to begin their girl group project for LOONA, and the agency received 400 million won (approximately $338,500) from the company as a deposit to lease a space. The suit was filed by Donuts after Polaris Entertainment only returned 40 million won (approximately $33,850) and did not return the remaining amount of 360 million won.

Donuts stated, “We invested 3.5 billion won (approximately $2.96 million) with the promise that LOONA would appear on the ‘My Live’ broadcast, which is run by our company. Not only did the agency fail to return the deposit, but they also did not faithfully keep their promise about LOONA’s appearance. Only one member of LOONA appeared on ‘My Live’ and the promise for the other members to appear on our show was not kept. That is why we have filed a lawsuit for the return of our investment, and we are preparing to file for separate criminal charges as well.”

Polaris Entertainment stated, “Regarding the contract of the leasing deposit and its related lawsuit, even our agency has not received the deposit back yet and we plan on returning it to the company once we have received it ourselves.” On the agency not fulfilling their promise to have LOONA appear on the program and the lawsuit filed by the company for their investment, the agency explained, “The lawsuit regarding this matter is still ongoing and the outcome will be determined in the courts.”

Sources: Naver, Soompi, loonastats

Orbits are a bit scary.
aures 18th-Oct-2019 12:07 pm (UTC)
so in a way they are rewarding the company for not doing what they promised?

(though i respect fans giving it their all and wanting to help out the girls, the thought behind it is kind, but i wonder if this is the right thing to do when the company failed?)
greasetastic_x 18th-Oct-2019 12:18 pm (UTC)
This! Plus i feel like just because polaris will have more income dosen't mean that they'll use it to pay these debts.
It's one thing to not pay your debts because you have no money and another to not hold up an end of the bargain that require no money from you such as using that companies streaming platform
nana_the_dwarf 19th-Oct-2019 12:44 am (UTC)
Don't get us wrong. A lot of us are pissed at Polaris/BBC, but we also got scared since some fans started to talk about disbandment; this si pretty much the only way Wuebits can help, so we did it as a show of support to the girls.

Hanbits are also pissed. A lot of them have started to complain on the fan cafe. It made BBC get a move on last time, so we're hoping for at least more transparency this time around.
aures 19th-Oct-2019 06:26 am (UTC)
uhuh, like i said, i respect it and it's a really kind thought, but i still wonder if it's the right way to go because the company is.... well, you know it better than i do and i just wonder if it will make any difference in terms of possible disbandment etc. but in terms of support it's definitely a very beautiful gesture

it's just that to me, it feels like rewarding the company because in the end, they are the ones that get the money, not the girls and that's my big issue here and i wonder if in future cases he company will think sh/t like "oh we can mess up because the fans will support us anyway~" you know what i mean?
lil_poisonfrog 18th-Oct-2019 12:35 pm (UTC)
I don't know all the details about this, but it doesn't seem hard to just have the girls appear on that program??? It's not like they're constantly busy with other schedules.

Ppl seem to be making this about money, but it seems more about pure incompetence. It's not surprising coming from a company that won't even use free/low cost methods to promote their group, like letting them stream on Vlive or post on social media whenever they want. Hell there's even ways to monetize those things!

This is why I don't get invested in nugu groups anymore. 95% of these little shit companies are run by assholes who don't know wtf they're doing. A group can start out with so much promise and get run into the ground quickly. Momoland's case shows that it doesn't even matter how much fans support the group or if they get that huge breakout moment, these fucks will flush it all down the drain anyway.
theweebdream 18th-Oct-2019 01:18 pm (UTC)
I was on orbit Twitter when this was all playing out last night. Not gonna lie, it was really fun and super exciting to see XX and ++ rise to the 1 and 2 spots on k-pop iTunes chart and then see XX take the #1 spot (over Taylor swift!!) on the all genres chart and pop chart!! I already owned the LE versions of XX but I bought it on iTunes anyways!!! It was so much fun!!
coyote_revolver 18th-Oct-2019 03:09 pm (UTC)
I’ve already lost my patience with BBC (how hard is it to just let them do VLives? It costs nothing and the girls are very entertaining by themselves) but the tenacity of Orbits made me smile after everything that’s happened recently. So, thank you Loona and thank you Orbits <3
nana_the_dwarf 19th-Oct-2019 12:46 am (UTC)
They're already promising more Vlives, so I guess a message was sent. (:
lizanka23 19th-Oct-2019 04:02 am (UTC)
yesterday was so funny on twitter. from orbits trending save loona, then joking about selling eggs and asking hyejoo to open a twitch channel and then getting loona's xx album #1 on the US itunes chart after they weren't able to when it had just come out. that said, i've read from a few people that this lawsuit shouldn't affect loona as a group too much since polaris is owned by a chaebol or someone like that and loona is not directly under polaris' management.

unfortunately it will probably delay their comeback to next year :/ and it was weird that jaden jeong tweeted about b#rn and coming back. i don't know if he was hacked or if it was serious

Edited at 2019-10-19 04:04 am (UTC)
juhli 19th-Oct-2019 10:52 am (UTC)
damn, that investment money :o
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