[TRANS] 091106 Unfair Contract Dispute, SM has Changed Its Stand? Options

[sshutingg]

[TRANS] 091106 Unfair Contract Dispute, SM has Changed Its Stand?


SM Entertainment CEO's Kim Young Min, who is involved in the ‘unfair contract’ dispute with his artistes, has recently announced a new contract policy, and that it will be put into action once it gets approved by the related authorities.

SM Entertainment Representative, Kim Young Min, who attended the press conference which was held on the 2nd of November 2009 at 63 Tower, has expressed, “We would collect all comments from music and entertainment industries, related government departments, cultural and tourism board, fair trade departments, educational circles and legislative bodies, based on the law to adjudicate a new contract policy. After the approval from the respective authorities, we would then put it into action. Then follow it (new contract policy) enthusiastically.”

Kim agreed, “If we are able to come out with a new exclusive contract policy based on the law, SM would like to re-contract with all current artistes based on it.”

Kim also expressed, “Under the new exclusive contract, the moment it’s signed it would be protected till the contract ended, if not the current situation would repeat over and over again in the future.”

“In order to prove that what have just I said is nothing but the truth, we would first like to take the advice from the impartial committee,” he said.

But, everyone was not able to fully believe this announcement by SM Entertainment. Professor Lee from Korea Art University stated, “If SM do not wish to have what they have just said to turned into nothing, then they should assure them.” He continued, “Based on what SM have said, they do not wish to fully take on the advice from the impartial committee, but to forcefully come out with a new contract policy, which was questionable (their announcement).” Professor Lee ended, “If SM was really sincere about this, they should work on the new contract based on the advice and not vice versa, and then to get it approved by the representative authorities.”


Source: OhmyNews + OhMicky
Translation: sshutingg @ OneTVXQ.com
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
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P/S this is taken from OhMyNews --> LINK
THEREFORE plz read this with an open mind~...

[♪.]

*tries to understand the news*

.....So SM is like 'Yo, we realized we're wrong and we'd like to modify our coughslavecough contracts made with our artists' ? Am I right?
lol...is he feeling sick atm or something? What a big change...

I'd keep on staying neutral then, basically because I think I don't really get the point xDD
(If it IS true, it would be a very nice change for not only the boys, but also for the other SM artists too though)

Thanks for sharing, Suting darling <333

[sassychicks]

“If SM was really sincere about this, they should work on the new contract based on the advice and not vice versa, and then to get it approved by the representative authorities.”

This means SM didn't have any good will to renegotiate contract clause with JaeSuChun.
IMAO, they are ready to loose them.

I didn't put too much hope on HoMin too ~~
Somehow, I know, there's something going on between those five.
As an ordinary fans..I'm just supporting what is the best for them....

ALWAYS KEEP THE FAITH of what you're doing,boys..because I think, now you're doing what is the best for you...

[ミ♥ Lovedust]

@saz: apparently thats what SM is thinking. that they would like to modify their contracts in line with the law and then revise it with their artistes. its.... so.... odd. D: when did SM turn nice?

its a piece of news that doesn't affect our boys directly, but it is related to them. however, this piece of news is just..... bewildering.... in times like these. no idea what SM is thinking. :S

just gonna read this with an open mind like you said shuting unnie. no piece of news can be anymore wtfckery than the stuff that's been going on lately. LOL. >.>

thanks shuting unnie for the translation!

[ɐıuɐɯǝǝʇ]

If this piece of news is true then I'll be happy but it's just so weird that SM will change their mind right after they called Jaechunsu's court thing a hoax.

We just have to keep on waiting and see.

[`infatuated]

I seriously hope this is true. Sm needs to change their contracts >:[
Finally good news ^^
Dbsk hwaiting!
Always keep the faith!<3

[Esther.Minnie]

my my, change the stand? mmmmm, hope this will turn out to be good though.
like, eveything gets settled and everybody gets benefit.
i really want to see the boys performing on stage again soon (IMG:style_emoticons/default/sad.gif)

anyway, always keep the faith ! (IMG:style_emoticons/default/biggrin.gif)

[dbskobsessed]

This is gd right? *x fingers and hopes for the best*

[Jadis]

^ is this true?? wanna know why SM changed its viiew so randomly when they were spouting that they are so sure they are going to win the lawsuit.

T____T Hope nothing is fishy with this thing...

thanks for sharing!!!

[tintin]

"Kim also expressed, “Under the new exclusive contract, the moment it’s signed it would be protected till the contract ended, if not the current situation would repeat over and over again in the future.”"

^wow. just wow. what a statement. does that mean that if the artist who signed that exclusive contract wants to revise something, s/he cannot revise it anymore? lololol

[nings]

This is beyond surprising. It came sudden and in a weird timing, lol. ;_;

Hopefully he does actually walk the talk. This is sounding all good and all, but I would like see actions instead. <3~

[katlyneheartsjae]

this is shocking =O
whats with the sudden change of mind?

but its good right?
i think this is the best way to settle the problem.
in my opinion.

lets all hope for the best!

[ilovejoongie]

Hmm.. I thought it's a great news but after reading it...I guess not that much T^T
I hope they can really give a FAIR contract ...

Based on what SM have said, they do not wish to fully take on the advice from the impartial committee, but to forcefully come out with a new contract policy, which was questionable (their announcement).

TRUE! coz they want a LOT of MONEY!

[東方神起♡LOVE]

hmmm...

Kim agreed, “If we are able to come out with a new exclusive contract policy based on the law, SM would like to re-contract with all current artistes based on it.”

Kim also expressed, “Under the new exclusive contract, the moment it’s signed it would be protected till the contract ended, if not the current situation would repeat over and over again in the future.”

that means basically he'll revise contracts with artists...based on the law (HEH that means they weren't before) and once they do, then the new contracts are protected no matter what. that means they're doing this to ensure that artists can't change their contract and repeat what happened now with DBSK. huh. obviously. this is for themselves.

[rokaholic]

This is unexpected. I won't give high hopes yet for this article :/

[lamoneko]

If this news is ture,I will be happy.
But I don't expect with SM agian.
I'm not sure in everything in SM

[sinnerinheaven]

if this is true i will be very happy but for some reason i have mixed feeling about this
how many times have we been lied to when it come to sm and what they have told us
i just hope that sm will do the right thing this time
for the sake of our boys i have the feeling that if this keeps on going like this
they will have relationships problems and even if they have them now it would be good
for them to work things out so they can work peacefuly with each other

thanks for sharing

[MonikaSophia]

Hmm it seems tricky! Just hope SM is actually saying the truth!!
Well i guess we just have to wait and see, SM has a tendency to make unexpected announces.
TVXQ fighting!!! (IMG:style_emoticons/default/smile.gif)

[infinity.]

somehow i am rather suspicious of this; why would sme go and release
all those statements of not backing down and defending themselves
and then suddenly turning around and saying that they will change the contract?
it's just too sudden, and too weird. i won't get my hopes up for this article. :\

however, if it turns out to be true, then good! sme have learned their lesson!
and i'll be super glad that the boys had saved so much sme artists!
hopefully they will change the contracts for the better, not fix minor things
and then bribe other artists to not speak up about it. >>;

thank you for sharing though. i just hope sme is finally doing the right thing this time.

[fayoochun]

whoa... suddenly changed huh? maybe they realize that if they keep on fighting over this, they know that they're going downnn... rofl.