Posts by oneinamiyeon

Wow. This is completely unexpected! JHJ was trying to distract from this the whole time...

Damn...

Quote from Lulu_Key

I disagree with everyone

Their position would have been so different after doing all CFs they had lined up. Atleast they would have put a face to the song.

I'm not saying they shouldn't have sued, but another 3 months and it would have been a different scenario.

I see a lot of comments that if the girls didn't file, they wouldn't get dragging into this mess and could still be active. Well, even before they filed (when they were confronting JHJ about transparency regarding how much Cupid was doing for them and concerned that things weren't on the up and up), JHJ decided to stop all activities until the girls would knock it off. When it came time for the scheduled shoot for the Barbie MV, SIAHN, who was still at the company, threatened to quit if Attrakt wouldn't let them shoot. And apparently, that's the immediate cause of why he left. With SIAHN gone, JHJ went off the deep end if he didn't already. I don't think JHJ had the mind to have the girls doing activities any time soon. The girls filed and JHJ went crazy with the media.

Quote from jimeous

Siahn has everything to gain, the majority of the Copyright of Cupid and no financial liability for 50 50's Expenses. He will pocket the majority of the fees for Cupid as well as being paid royalties as the Producer, 50 50 qnd Attrakt will earn next to nothing for the Song.

I would not be surprised if Siahn orchestrated 50 50's lawsuit as a response for Attrakt filing criminal charges against him

Yeah, though capable, he's a slippery one, not gonna lie.

But hypothetical scenario. You're SIAHN. Assuming Cupid wasn't an old pre-Attrakt beat purchase in your catalog, and you go ahead and buy Cupid for 9K bc the CEO didn't have the cash. Cupid is released and the song blows up, now being worth a lot, lot more. Now the CEO comes back to you and says hey actually I do have some funds and transfers 9K to your account at a later date. He emails the receipt to you as a friendly reminder to transfer the rights. Who should get ownership? Idk, I think I'm gonna go with what the court says on this one.

And not all may be lost for the girls. Based on who a court might find responsible for putting the girls in this position, the girls might be able to negotiate/file for their share from SIAHN or get their termination fee or debt to Attrakt lowered. But the first step is the current lawsuit. Good thing they filed.

As far as timing - the girls filed as early as 6/19 before all the commotion. SIAHN/Fifty Fifty were the ones forced to respond after the CEO starting giving statements to the media almost everyday from 6/23. Attrakt announced they were filing against SIAHN on 6/27. Fifty Fifty, quiet until 6/28, announced their 6/19 filing along with their request that the CEO stop spreading false rumors. The next day, 6/29, SIANH broke his silence and asked the CEO to stop as well and announced he would be countersuing.

Quote from Dreamer95

You made it this far, wait like 3-4 months.

It actually had been exactly 3-4 months (14 weeks) since Cupid entered and started its climb on Billboard that issues started surfacing. Perhaps the "financial transparency" issue could be that the girls were legitimately worried about why, despite the recent activity, that there was no movement (decrease) of their debt balance to Attrakt (obviously it's bc the CEO fumbled the rights to Cupid and kept it a secret).

Setting aside the issue of who's to blame until we get more clarity, to me it appears that a moment of reckoning was inevitable for all involved. If not now, later. And personally, I'm not counting out the possibility that this may eventually turn out to be a blessing in disguise - that this happened now instead of years into a mismanaged career when the girls might still have nothing to show for it, but now they're older. Like Crayon Pop.

Exclusive: "Barbie" OST music video filming was canceled

Link

The reason:

[...ahead of the filming, the members of Fifty Fifty sent Attrakt a proof of contents regarding the termination of the exclusive contract. In response, Attrakt CEO Jeon Hong-Joon suggested that they postpone the schedule saying that they should shoot the music video after the problems between the members and the company were sorted out. Then, according to Attrakt, CEO Ahn Sung-il said that if he couldn't proceed with filming the music video, he would quit the job.

Due to these circumstances, could not film the music video for 'Barbie Dreams' and could not participate with Margot Robbie in events in Korea featuring 'Barbie' cast members.]

Quote from WhyKnock

Actual earnings were lower because there were little activity and the owner actually put himself into an onus by accidentally saying that it was his decision to not promote without Aran. I wonder who is coaching him , since it does not seem to be done by professionals

I am very curious who he's taking counsel from too. His actions make no business sense. Apparently, he wanted to possibly stop all activities even when SIAHN threatened to quit if he was gonna insist.

Exclusive: "Barbie" OST music video filming was canceled

Link

The meat of the article:

[...ahead of the filming, the members of Fifty Fifty sent Attrakt a proof of contents regarding the termination of the exclusive contract. In response, Attrakt CEO Jeon Hong-Joon suggested that they postpone the schedule saying that they should shoot the music video after the problems between the members and the company were sorted out. Then, according to Attrakt, CEO Ahn Sung-il said that if he couldn't proceed with filming the music video, he would quit the Fifty Fifty job.

Due to these circumstances, Fifty Fifty could not film the music video for 'Barbie Dreams' and could not participate with Margot Robbie in events in Korea featuring 'Barbie' cast members.]

Quote from Blossomin88

I read some said that apparently Warner give the offer to siahn not him. Kinda make sense why Siahn suddenly drop his position in the company as the co ceo and this whole thing happen.

Don't know why SIAHN left. Officially their outsourcing agreement wasn't renewed. We can only speculate. Suffice it to say mutual trust was lost.

Remember when JHJ accused SIAHN of secretly buying the rights to Cupid and not transferring it to Attrakt? SIAHN/The Givers probably did buy the rights. And they probably didn't transfer it to Attrakt. JHJ's probably telling the truth.

Thing is JHJ conveniently left out the part where SIAHN/The Givers already bought and owned the rights to Cupid before the Fifty Fifty project started (before the Attrakt/The Givers contract was signed). So if anything, JHJ needs to pay SIAHN for it. I say this to say JHJ has left stuff out strategically. He's good, you can learn a lot.

Now, let's look at the offer. So we're suppose to believe that SIAHN could do a deal of this magnitude without JHJ's sign-off? Even if this is possible and SIAHN has JHJ's signature down pat - do we think JHJ wouldn't notice? And that SIANH expects to get away with it whilst remaining in the music business? I mean, we're not talking stealing pens and paperclips here. But sadly this seems to be a widespread theory.

Why SIAHN only? SIAHN and The Givers team are effectively the ones running the show day to day, and he was the one responsible for getting the group's global distribution deal with Warner. So it stands to reason Warner likely went over the offer first with SIAHN, with whom they had a relationship and who knew more details about the group's business, before asking him to pass it along or presenting it to JHJ.

So did JHJ leave out that SIAHN did in fact tell him about the deal (or planned on telling him but the Warner exec called first)? Like JHJ leaving out the part that The Givers already owned the rights to Cupid before their association with Attrakt?

Regardless, according to SIANH, JHJ was told of the offer (we don't know when) and rejected a "label deal" because he wanted to list Attrakt, meaning take the company public in an IPO. Side note: the company doesn't even have enough of a financial track record to even begin to think of going public. The Black Label is only now about to go public.

And if I'm understanding it right, a "label deal" doesn't have to mean Attrakt no longer benefits from Fifty Fifty's future earnings. Warner would acquire rights to the group's music (which isn't much), and mostly take over the groups management, marketing, etc... The structure is negotiable, Attrakt could take less of any upfront payment and push for more of an ongoing revenue sharing or profit-sharing split and continue to manage Korean music shows and tie ups for example. Though the % split coming to Attrakt would be reduced, the numbers could be big enough to more than make up for it with Warner fully invested in Fifty Fifty's growth globally.

So why didn't he negotiate a deal instead of targeting an iffy IPO years away if ever? My guess is JHJ was at the time less motivated by money alone, but wanted the ego gratification that comes with control and ownership. Sorta like why some CEOs buy sports teams despite most operating at a net loss. To them that's the ego premium they're willingly pay.

All this is moot anyways after JHJ went on his media campaign. The Warner offer is likely no longer on the table and all he's really done is inflict damage to his own group's domestic reputation and prospects, his company's reputation as a place for creatives/producers to work, and his own reputation as a CEO. He's gained public sympathy though, but I'm not sure whether that amounts to much. Especially in the court of law.

Anyways, I went on a long ramble. Used the reply to work out some of my own thoughts, mostly just speculation...

Quote from ForgottenSoul

They aint worth that money lmfao

I don't know what they're worth, but the Attrakt CEO apparently felt it was low. Otherwise, he'd take the deal, reinvest some into his new boy group, and everyone involved would live happily ever after.

Unlike Bae who was zoned out in what was for her a gut class, I was paying attention but still felt like I'm missing a few prerequisites on music theory to grok the lesson. I know they slayed the vocals, but aside from that the music went over my head...

Her intro vid gives me Irene and Seulgi vibes on a Ningning base with a touch of Sullyoon at certain angles.

Nice addition to the Jaden Collection.

Quote from whisk

what about chaewon? Did no one care about her before lesserafim’s debut and people were only talking about sakura as the produce 101 idol? Do i understand you correctly?

I just mentioned Sakura as an example of how a dark horse like Kazuha can suddenly appear and overtake a top draft pick, if you will. Chaewon is still more searched than Kazuha according to the pic, so she is more than holding her own.

Now, the thing about Chaewon (at the risk of digging myself a deeper hole ) is that she was No. 10 officially (No. 19 before shenanigans) on Produce, so she doesn't enter my mind as a Produce idol - but for the record I do believe she proved her chops as an IZ*One member, and as we know, LE SSERAFIM was built around Sakura and Chaewon.

Quote from Fluffers

To prove that Warner was lying.

In case you forgot. Warner had confidently stated that they had no part in trying to acquire Fifty Fifty

I agree that that was what JHJ is clearly trying to do. But Warner didn't say that - JHJ accused Warner of illegally attempting to poach the members. If anything, if the call is real, all we know is Warner merely made a buyout offer to Attrakt. I doubt a global company like Warner could put out a stmt denying it if they were legally culpable, especially if JHJ sent them "evidence". Wouldn't make it past Warner's legal team. And for his part, JHJ wouldn't have had to backtrack after Warner responded. JHJ is succeeding in the court of public opinion though.

Amazing how before their respective debuts, most were focused on the Korean Olivia Hussey and the real Produce 101 No.1 Sakura. Haerin is really coming into her own. And Kazuha's mere appearance at the debut showcase created a buzz immediately. Dark horses are a thing.

I just remember a while ago that ITZY members were concerned about not getting their concepts/music right, enough to confront JYP about it (obviously in a tactful way). JYP simply deflected it saying the girls would be fine because they could sing and dance live... Wtf? Also suggested they'd have promising solo careers. I don't know what to make of that.

A shame, since their talent as performers is a producer's dream, they just need someone like a Soyeon to be invested and fully bring out what they can offer.

This still holds up as one of the most expressive dance performances I've seen in Kpop. They've done it before, so they can do it again. And JYPE artists tend to express lyrics through choreo more than others, so in that sense they do fit JYPE. Just unfortunate that JYP is making me keep my expectations in check for their comeback.

I'd say they excel in making their choreos look fun and spontaneous which is perfect for their youthful Y2K hip hop style. LE SSERAFIM emphasizes synchronization. Itzy emphasizes embodiment of lyrics in their choreo.

Quote from monamia

Their fans actually show up to see them.

Indeed. Here's footage of the fans showing up and showing out.