Title: Former Agency of Singer Son Seung-yeon Faces Financial Hardship Amidst Ongoing Allegations
Subtitle: New Order Entertainment, Previously Fortune Entertainment, Struggles for Survival
by [Author’s Name]
[h2]Introduction[/h2]
Fortune Entertainment, the former agency of singer Son Seung-yeon, has come under scrutiny as allegations arise of similarities to Son Seung-yeon’s past situation. The agency, now known as New Order Entertainment, is grappling with financial instability, further complicating the ongoing controversy surrounding the Fifty Fifty incident.
[h2]Former Agency in Crisis[/h2]
According to a music industry official, Fortune Entertainment faced a dire crisis approximately five years ago when a temporary injunction was filed to terminate Son Seung-yeon’s exclusive contract. The agency was on the verge of collapse at that time.
[h3]Son Seung-yeon’s Lawsuit[/h3]
In February 2017, Son Seung-yeon launched a legal battle against Fortune Entertainment, seeking to terminate her contract. Unfortunately, the court ruled against her claims, deeming them unreasonable. Prior to this, Son Seung-yeon had filed a lawsuit for a temporary injunction, citing reasons such as the agency’s failure to fulfill album production obligations, hindrance to her entertainment activities, and non-compliance with settlement obligations.
Despite losing the case, Son Seung-yeon refused to return to Fortune Entertainment. Consequently, in April 2017, Fortune Entertainment filed a claim against the singer. Eventually, Son Seung-yeon settled the dispute by paying compensation and severed ties with the agency. In June 2018, she signed with Ahn Seong-il’s agency, who is presently implicated as the main figure in the Fifty Fifty incident. Son Seung-yeon became a singer under Dugiverse, Ahn’s agency.
[h3]Ahn Seong-il’s Involvement[/h3]
Representative Ahn, a producer and artist who met Son Seung-yeon during the production of ‘The First Snow Is Coming’ in 2014, denied any contractual relationship with the singer. According to CEO Ahn, Son Seung-yeon had been unable to work due to vocal cord flipping and necessitated rehabilitation. Consequently, for two years, she focused on rest and rehabilitation rather than engaging in activities. Ahn clarified that the agency provided her with practice space for rehabilitation purposes but refrained from assigning any other tasks.
However, another individual from the music industry claimed that CEO Ahn had stirred up disputes with the agency, proposing to take Son Seung-yeon to another agency for work. Despite the brief period of disagreement, the source suggested that being together for several years made it less problematic for the other Fifty Fifty members compared to Son Seung-yeon.
[h2]Fortune Entertainment’s Transformation[/h2]
The former Fortune Entertainment has rebranded itself as New Order Entertainment. Currently, singers HYNN (Park Hye-won) and Postman are associated with the agency. An official stated that Fortune Entertainment was on the verge of collapse during the Son Seung-yeon incident. However, the agency managed to recover after signing HYNN (Park Hye-won). HYNN (Park Hye-won) has a new song, ‘To You,’ set to be released at 6 pm today (24th).
[h2]Escalating Crisis of Fifty Fifty[/h2]
The scandal surrounding Fifty Fifty continues to intensify. Similar to Son Seung-yeon’s case, Fifty Fifty filed a request for a temporary injunction to terminate its exclusive contract with the Attract agency back in June. Attract CEO Jeon Hong-joon firmly believes that Ahn Seong-il of Dugiverse is responsible for the incident. Consequently, Jeon filed a complaint against Ahn with the Gangnam Police Station. The charges include obstructing business, damaging electronic records, breach of trust, theft related to business, forgery of private documents, and falsification of documents for investigation. Additionally, there are allegations claiming that CEO Ahn forged his signature in relation to Fifty Fifty’s ‘Cupid’ copyright. However, Representative Ahn’s side vehemently denies these accusations.
[h2]Conclusion[/h2]
As the controversy surrounding Fifty Fifty deepens, the former agency of Son Seung-yeon is facing financial troubles. With ongoing allegations and legal battles, New Order Entertainment endeavors to navigate through the storm. The fate of both the agency and the artists remains uncertain.
[h3]Disclaimer[/h3]
ⓒAsia Today. Unauthorized reproduction and redistribution prohibited.
20230713001545144_10Son Seung-yeon (left), Fifty Fifty /Son Seung-yeon SNS, Attract Group Fifty Fifty Although allegations are on the rise that the situation is similar to singer Son Seung-yeon’s situation in the past, it has been revealed that Son Seung-yeon’s agency, which was the danger of going out at the time of Fortune Entertainment, is in danger of going out of business.
On the 24th, a music industry official said, “Fortune Entertainment (hereafter referred to as Fortune), Son Seung-yeon’s former agency, went through a crisis when there was a lawsuit for a temporary injunction to stop the exclusive contract about 5 years ago, and it was about to go out of business.”
Previously, on this day, entertainment media Dispatch reported how Son Seung-yeon filed a lawsuit against Fortune to terminate the contract in February 2017, and the court ruled that all of Son Seung-yeon’s claims were unreasonable and lost the case. At the time, Son Seung-yeon filed a lawsuit against Fortune for a temporary injunction to stop the exclusive contract for reasons such as failure to fulfill album production obligations, hindering entertainment activities, and failure to fulfill settlement obligations. After Son Seung-yeon’s loss, Fortune demanded that Son Seung-yeon return to the company, but Son Seung-yeon ignored it, and eventually Fortune filed a claim against Son Seung-yeon in April 2017, and Son Seung-yeon paid compensation and left Fortune. After that, in June 2018, Son Seung-yeon moved to Ahn Seong-il’s agency, who is currently suspected of being the main culprit of the Fifty Fifty incident. He is also a singer under Ahn’s agency Dugiverse.
Representative Ahn was a producer and artist who met Son Seung-yeon through ‘The First Snow Is Coming’ (2014). Regarding these allegations, CEO Ahn explained to Asia Today, “We did not get to know Seung-yeon Son through any contractual relationship.” “Son Seung-yeon was unable to work due to vocal cord flipping and rehabilitation, so for two years after the lawsuit, he focused on rest and rehabilitation rather than activities. During this time, we were given practice space in the company for rehabilitation, but we did not do any other work.” However, another person in the music industry said, “CEO Ahn caused a dispute with the agency, saying that he would take Son Seung-yeon to another agency and let him work. Even in that short time, Son Seung-yeon caused a dispute with the agency, but for the Fifty Fifty members who have been together for several years, it would not have been more difficult than Son Seung-yeon.
230724_HYNN Release_image0HYNN (Park Hye-won) /New Order Entertainment Fortune Entertainment, which was Son Seung-yeon’s agency at the time, has changed its name to New Order Entertainment (hereafter known as New Order). Currently, singer HYNN (Park Hye-won) and Postman are involved. An official said, “At the time of the Son Seung-yeon incident, Fortune was about to collapse, but she was able to stand up again after meeting HYNN (Park Hye-won).” HYNN (Park Hye-won), who is currently working, is about to release a new song ‘To You’ at 6 pm today (24th).
Meanwhile, the Fifty Fifty crisis is intensifying. As in the case of Son Seung-yeon, Fifty Fifty filed a request for a temporary injunction to stop the exclusive contract with the Attract agency in June. Afterward, Attract CEO Jeon Hong-joon believed that Dugiverse’s Ahn Seong-il was the cause of the incident, and filed a complaint with the Gangnam Police Station against Ahn on charges of obstructing business, damage to electronic records, breach of trust in business, business-related theft, falsification of private documents, and falsification of documents for investigation. There is also suspicion that CEO Ahn forged his signature in relation to Fifty Fifty’s ‘Cupid’ copyright. Regarding this, Representative Ahn’s side claims that it is “not true”.
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