SM "We gave DBSK 40% of the profit"

SM Entertainment revealed recently, “We split profits with group Dong Bang Shin Ki at the ratio of 4:6.”

Revealed on MC programme “Current Affairs Magazine 2580′ aired on 9th August, Dong Bang Shin Ki has brought in a recorded 4.98 billion KRW. Of these, SM has invested 2.24 KRW. And the rest was split between the group and SM at 4:6.”

SM said, “Of the benefits, Dong Bang Shin Ki gets 4 proportions and SM gets 6 proportions. Of the 2.74 KRW, Dong Bang Shin Ki gets 1.10 KRW and SM gets 1.64KRW.”

It was also revealed that for overseas promotions, Dong Bang Shin Ki gets 7 and SM gets 3 proportions.Also for overseas event, CF revenues, they are split at 7:3.

But according to the 3 members of Dong Bang Shin Ki, “The splitting of profits is not transparent. We cannot trust them.”

And also about their 13-year contract, SM said, “We also secured the time when the group went overseas to promote. In Korea 3~4 years, in Japan 3~4 year, in China, it was 3~4 years.”

And about this, the 3 members’ lawyer said, “This is a contract which will make this idol stars work their live. Also for album sales, they only receive no more than 0.4~1% for each member.”

Updates on the case of the lawsuit against SM Entertainment.

Credits: KBites
Shared by: DBSKnights

no way!
r they trying to kill them?!
those "£$%^&*
theyre working hard enough!
btw...
people said that we should not blame LSM anymore
because "nothing is his fault and he hasn't been the leader of SM ent. so we shouldn't blame him"
uurrgghh

@ Tammy:

Quote :

Lee Soo Man is running this company that controls everything that goes on in their artists' lives. Although he's NOT THE PRESIDENT, he has the MOST POWER.
Although on paper KimKyungWook is the president,
the person that makes all the decisions is LeeSooMan.

https://alsm4ever.forumotion.net/news-rumors-f2/how-sm-treat-his-singer-t6.htm

i know!
but someone said that on a comment in my anti lsm vid wrong number
that we shouldn't blame him
coz he's not the president...
ppfftt

Tammy <3 DBSK wrote:

i know!
but someone said that on a comment in my anti lsm vid wrong number
that we shouldn't blame him
coz he's not the president...
ppfftt

obviously someone who haven't done enough research XD

i hate that SM is lying and trying to hide the truth, like that would help! >.<

i talk to some of the trainnees under sm they say that he does seem to be like that also^^
but i told him to be careful and he might not no what sm is going to do to them.

he was scared when he find out about the 13 year contract^^
I told him its okay^^