Can other companies follow suit please?

AJ says it best

"EDAM is likely able to do this because IU does have a unique power in the industry where she doesn’t need anybody as much as they’d need her. Lesser acts are forced into participation with this sham agreement, but there are others who have similar power that should emulate her company here."

Unique power indeed, but even if other artists don't have that kind of leverage, why aren't their companies doing such things?

It could only mean that the agencies are in cahoots and see it as an avenue to make more profit.

That it reflects on the reputation of the artist, is of little concern to them.

It is a pity.

Quote from bbgc

AJ says it best

"EDAM is likely able to do this because IU does have a unique power in the industry where she doesn’t need anybody as much as they’d need her. Lesser acts are forced into participation with this sham agreement, but there are others who have similar power that should emulate her company here."

Unique power indeed, but even if other artists don't have that kind of leverage, why aren't their companies doing such things?

It could only mean that the agencies are in cahoots and see it as an avenue to make more profit.

That it reflects on the reputation of the artist, is of little concern to them.

It is a pity.

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Well, labels/artist usually make more money because of it as well so theres little incentive to change. Then theres the fact that even if you are a big company/artist and you try to go against it, in many places you will be frozen out from any big venues, like in USA and livenation/ticketmaster who bascially have a monopoly

IU probably is also helped by actually being in the same company that handles the tickets (melon)

Quote from Kreatin

Well, labels/artist usually make more money because of it as well so theres little incentive to change. Then theres the fact that even if you are a big company/artist and you try to go against it, in many places you will be frozen out from any big venues, like in USA and livenation/ticketmaster who bascially have a monopoly

IU probably is also helped by actually being in the same company that handles the tickets (melon)

True it is not easy.

But artists are putting their reputation in risk - if they or their agency is seen as abetting such corrupt practices.

Hence at least artists with great leverage, should try to fight such monopolies/corruption, instead of going along only for profits.