Posts by Korainism
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The Original xD
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The whole group is a hidden gem!
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loona's entire concept is EXTREMELY expensive and they borrowed from a lot of investors in order to pay for the MVs, the budget, all the solos, the entire fleshed out concept, and the company is so mismanaged they can't pay it back. I'll make a bigger post explaining what is going on later but the problems are so bad, Jaden Jeong (the creative mind) left and things started to go down -- I think that is why LSM tried to invest in Loona. Granted I hate the musical direction he took them in but without that I genuinely think Loona would have disbanded then. BBC has no money whatsoever.
This was the last incident where:
LOONA as a group was a project that started with Polaris (BBC's parent agency), which this deal before the group was complete, with different investors in exchange probably for shares, or promotion contracts (the usual)
Among the investors is Donut, a Japanese technology company, which has an app similar to Vlive, during the pre-debut period, Yeojin had a segment in this app, a kind of live eating fast food (she did like 3 or 4 of these live) .. but after that (and the project was complete and it debuted) nothing was known about that app (although many commented that it was a terrible app, constantly dropping the connection)
At the end of last year and just after the last comeback, a news appeared ... and that is that this company had sued Polaris (and the subsequent BBC) for failing to fulfill its contractual obligations apparently by promoting the app and therefore , they wanted a return on investment.
The reason why the BBC or Poralis did not follow the agreement is a mystery, although the reason that Donuts made the move is probably due to rumors that the Korean subdivision of Donut was in financial trouble (if not that they had closed)
BBC made an appeal (at the beginning of the year), which was rejected by the court ... although it was rejected because both sides did not appear before the court (which means that BBC / Polaris is already determined to pay his debt and only delayed the decision, or they made a deal with donut behind the scenes)
The entire fandom did stream a lot to save the money for Loona, and that is a part in why they have large album sales
I don't know where I found this information but I saved it.
There's a lot of problems just like that, more than the concept, it was the execution that is bad.
Can you please tag me when you make your post/thread about that topic?!
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So there is actually not much difference between Kpop „slave contracts“ from the past and the usual Western contracts when it comes to the earning part?!
Interesting…
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"At first, I also ordered an escort through some private telegram channels or directly. But, you know, it's not always safe. Something unexpected can always happen. Therefore, a friend advised me of a website where you can even order ts escorts. I tried it a couple of times and was satisfied with their services. Prompt response, high-quality work. I had a funny situation when a person did not come to a meeting at all. It turned out that he had mixed up the addresses and I had to wait an extra hour. Have you ever had funny situations with an escort?"
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Thanks ;
Love Loona but didn’t know that (only knew I-Tunes) & forgot Monsta X (but they’re 3rd Gen anyway) though they both have English songs, so there’s still something different for Ateez I guess.
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Congrats!!! ❤️
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Oops, I thought the MV would be out by now. xD
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I'm never disappointed with Loona songs!! ❤️
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