TVXQ/Tohoshinki vs. SM Entertainment
i really don't know anything about TVXQ latest news about lawsuit issues to SM ENtertainment until i read it from
Allkpop - TVXQ lawsuit issues to SM Entertainment and from this dbsg livejournal
i'm just like..wooo...
i cannot talk much about it but i only want to know the results for this matters.
but this statement really shocked me
SM has been taking anywhere from 70-90% of TVXQ's profits.
O_o
when i read it, i immediately think about Shinhwa who also had a problem with SM and leave the company
but they still manage to survive although they faced too many problem. This problem also happend to H.O.T, another famous group managed by SM.
from the writer opinion:
At the current moment, this is the most popular outcome that most people agree upon. They believe that TVXQ will win this lawsuit, leave SM and start an independent label or sign with another big label such as JYP or YG. In my opinion, this is highly unlikely. The lawsuit has nothing to do with terminating TVXQ's contract with SM. Along with that, SM has a lot of influence over MBC, KBS, and SBS and can easily prevent TVXQ from performing on any of their music shows and cause many hardships for TVXQ. This is what happened with Shinhwa. On the other hand, TVXQ is arguably THE hottest band in K-pop and promotions aren't necessarily needed in order to sell albums.
i don't know much about Shinhwa problems with SM, they share the same boat with TVXQ. both are the hottest group during their period, and currently TVXQ is SME 1# artist. and yes, TVXQ fandom totally huge and i really like this statement TVXQ is arguably THE hottest band in K-pop and promotions aren't necessarily needed in order to sell albums. even in my country, i don't see so much promotion for any TVXQ latest singles and albums, but their album sell well and can find it anywhere.
and for the speculation, all prediction from both the non-Korean and Korean parties (JUST SPECULATION):
1. TVXQ will leave the SM label and continue their promotions under a different or possibly independent label.
2. TVXQ will break up and SM will lose lots of money, possibly leading to a shutdown of the company.
for me, if both things happend, SM will suffer too much since TVXQ if their biggest source of income. AVEX Entertainment Inc. also will experience the same situation since TVXQ really gain attention in Japan music industry nowadays.
for AVEX situation, taken from locofruitcake, wrote in icereameshinki
[TRANS] 090801 Official Statement From AVEX In THSK's Official Site
August 1, 2009
http://community.livejournal.com/iscreamshinki/121176.html
they said the results will be announce today
i really don't know what will happen next, but i hope everything will be ok.