PS: Thank you for the tip!

Just when the public was focusing on the dispute between TVXQ and S.M, a very detailed information was suddenly disclosed on the Internet.

In this information, all kinds of contradictions between TVXQ and S.M in the past five years are readily available.

In the past, when it came to S.M's efforts treaty, the public only had a vague impression. No one knows exactly how, but it's just a rumor.

It wasn't until the appearance of this information that the people understood that there were so many shady scenes behind it.

Not only TVXQ has a pitiful contract income, but they also have to bear a lot of additional activity costs.

Originally, I made very little money, but there are still a lot of funds that have been artificially greedy. The whereabouts of tens of billions of funds are unknown, which further confirms the domineering image of S.M.

Before the public could recover from this shocking information, the bombshell news hit again.

The joint investigation team of the Seoul Metropolitan Public Prosecutors' Office officially entered S.M. yesterday and launched an investigation into the unclear whereabouts of a large amount of funds in TVXQ's revenue.

According to the latest news from "Seoul Sports", Lee so-man, the chairman of S.M., has been restricted from leaving the country, and a number of executives have been asked to cooperate with the investigation.

This time, it can be regarded as a complete hilarity. Many people could not have imagined that the South Korean judicial department, which has always been efficient and procrastinating, would intervene in the case with lightning speed this time.

I don't know what the final result will be, and whether it can give TVXQ justice.

In fact, except for a very small number of people who really care about TVXQ, most people have the psychology of watching the excitement.

The more intense the battle between TVXQ and S.M, the more it can satisfy the mood of these people.

Obviously, the media also has this idea, and continues to fuel the fire on the termination incident.

These are all slow sales, and reporters have to work hard for the sake of silver.

When they heard that S.M. was being investigated by the procuratorate, many people couldn't help but be a little disappointed.

Come in their minds. If such a major event happened, S.M Company would definitely not be able to continue to insist on terminating the contract. How to hold the company without accidents is their top priority.

Even Cui Zhengyuan felt that the result was almost like this, if he was faced with this situation, where would he take care of TVXQ's three little shrimps, ensuring his own safety was the most important thing.

But everyone ignored the stubborn heart of the S.M company, in order to maintain the authority of the company, and in order to give an unforgettable warning to all the betrayers, Li Xiuman and others had no intention of letting go at all.

In recent years, due to the strong rise of A.P, S.M's position as the boss has long been lost. Plus the various problems behind it are intertwined. So this veteran entertainment company can be regarded as struggling.

Although it has always had a great influence in the entertainment industry, and popular idol groups have emerged in an endless stream, the situation of the entire company has always been maintained on a dangerous baseline. No one knows when contradictions and conflicts will break out, and they don't know how long they can hold out.

This time, TVXQ's sudden attack can be regarded as a surprise to S.M. Company. But Li Xiuman was speechless, and there was no room for maneuver at all.

The most fundamental contradiction between the two parties was the oppression of the contract and the uneven distribution of income, and the fact that S.M imposed strict restrictions on the other activities of the three members who wanted to leave.

If the first two are long-standing contradictions, then the latter is the direct fuse.

Originally, TVXQ's contract was not very good, but because most of the whole circle is like this. In line with the herd mentality, they don't actually complain very much.

But when TVXQ was about to use the group's fame to make some extra money from other fields, they were strongly blocked by S.M.

As the saying goes, cutting off someone's wealth is like killing your parents. These Jin Zaizhong three can be regarded as a complete explosion.

In A.P., if an artist wants to do some side business, as long as the control is within a reasonable range, there is no strict conflict with the company's activities. The company will do its best to support.

As long as the company is allowed to make a part of the investment, it can be regarded as a happy person to be able to share the profits. Even when the company has a good project. will also take the initiative to let artists engage in it.

Because Cui Zhengyuan knows that the entertainment industry will not make much money with the income from performing arts activities at the beginning.

Only by giving full play to the star effect of artists and taking a multi-pronged approach can we weave a big net of wealth.

Of course, A.P has a deep background and is not under much financial pressure to allow this.

S.M, on the other hand, was originally self-made, and had to divert limited funds for other purposes, so there was no time to take care of anything else except for the continuous squeezing of the artist's labor.

In addition, the idol business philosophy of this brokerage company is to emphasize absolute control, grasp all the qiē of the artist in his hands, and forcibly create a beautiful image to attract fans.

In this way, many rights that can generate benefits, such as portrait rights, endorsement rights, and management rights, are all in the hands of the company.

Once an artist wants to use these rights to make profits for himself, it is equivalent to touching the company's counter-scales, and then being strongly suppressed.

It is not only to protect the interests of the company, but also to warn other artists who are about to make a move that it is impossible for S.M to make concessions on TVXQ's termination of the contract.

Under extremely difficult circumstances, Li Xiuman had only one instruction, and that was to carry the lawsuit through to the end.

In the first court ruling on August 17, S.M. took an unexpectedly tough stance and presented the facts of TVXQ's unauthorized use of portrait rights in the operation of the private cosmetics business without the company's permission.

The spirit of Korean law is completely adhered to in the West, and it belongs to the sacrosanct type of contract spirit.

In other words, once a contract is signed, there is almost no room for violation, regardless of whether the contract is reasonable or not.

It is true that TVXQ has been squeezed by unreasonable contracts over the years, but it is also true that they violated the terms of the contract, so the two sides did not decide the winner in the first trial.

In response to this situation, the lawyer provided by Choi Jeong-won to C-JeS adjusted the direction of the lawsuit.

At the second trial, the three of them focused their attacks on the fact that their income had been unclear over the years. Emphasizing the fact that one's reasonable income is considered to be greedy for ink and has caused huge financial losses.

This time, the C-JeS side was well prepared, and the changes in the contracts between the three of them and S.M over the years, the income statements of the trips over the years, and the detailed financial reports of S.M companies were all available, which made the other party unable to refute at all.

Representatives of the S.M company simply could not say where the tens of billions of dollars went.

At the same time, news came from the Seoul Metropolitan District Prosecutor's Office that Lee so-man and others were in fact convicted of embezzlement and embezzlement, and that the people involved in the case would be interrogated without detention.

As soon as the news came out. The world was in an uproar, and the image of S.M fell sharply in an instant.

From that day on, S.M's stock continued to decline, all the way down, causing immeasurable losses.

At this moment, S.M Company was completely panicked.

Li Xiuman and others are about to be imprisoned, and TVXQ's termination of the contract is also within the tolerable range, but the decline of the company's stock has evaporated tens of billions of assets out of thin air in an instant. It is where many shareholders are worried.

In order to reverse the decline, S.M Company has made a fuss in the entertainment industry.

First, the leading girl group Dreams announced its return strongly, and then the cutting-edge boy group Shinee also urgently followed.

In order to create confidence for shareholders, in early September. The new girl group F(X) has officially announced their debut.

Not to mention, this wave of activity has made many shareholders who are ready to sell S.M's shares undecided.

Because no matter how you look at it, since this famous entertainment company dares to launch a newcomer at such a critical moment. It doesn't look like it's going to fall.

In addition to these superficial means, S.M also secretly raised a large amount of money to invest in the stock market and carried out self-rescue activities.

Finally, finally. After a series of operations, S.M's stock finally stopped its decline and even began to rise slightly.

At this point, the top management of S.M, which had always been tough, understood that they could not balance the overall interests of the company and the termination of the contract with TVXQ.

I don't know who is standing behind these three kids, the means are so fierce and ruthless. If we continue to play, maybe S.M will really be wiped out.

The top priority is to pull the company out of the whirlpool of disputes and base itself on its own development.

S.M., which had thoroughly recognized the reality, finally reluctantly made a compromise on TVXQ.

On October 27, 2009, in the third court hearing, the defeated S.M Company finally withdrew all counterclaims against Kim Jae-jung.

The court declared that the exclusive contract between the three and S.M Company was null and void, and from then on, Kim Jae-jung and the three of them were no longer artists affiliated with S.M.

The final verdict was released, leaving everyone who paid attention to this time stunned and felt that something was wrong.

S.M, which has always been tough in the past, loses? No, we haven't seen it yet, so why did it come out?

No matter what others think, S.M has no leisure to continue to dwell on this matter.

In addition to making a painless statement to prove his innocence, he hid and licked his wounds.

Of course, S.M's real means of damage are behind the scenes. On October 11, they privately agreed with the Korea Federation of Popular Culture and Arts Industries to ask the industry to prevent Kim Jae-jung, Heo Yong-sang, and Baek Jung-hee from appearing on TV shows and releasing albums and music sources.

On the same day, the alliance issued an official letter to 10 television stations, 11 record companies, and 5 online music service companies, requesting that the three of them be restricted from performing arts activities.

It can be said that Kim Jae-jung and the three won the lawsuit, but there are also many things to lose behind this.

This tearing war is completely about killing 1,000 enemies and losing 800 yourself. Neither S.M nor Kim Jae-jung had any real winners. (To be continued......)