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South Korean Media reported that the South Korean artists owned company firm and the agency had signed contract call the ‘Slavery Contract’. This trend is still being concerned and under the supervision of the people but still the bad habits does not change.
Recently, the Korea Fair Trade Commission announced 20 entertainment firms findings. Almost every company signed artists with an inequality contract, which even now the very strong YG entertainment and DSP entertainment are also included.
SS501 (DSP Entertainment)
In these 2 months April and May, Korea Fair Trade Commission had been reviewing 230 artists’ contracts in these 20 entertainment companies. They found out that a significant portion of the contract includes very unequal terms.
Example of unequal terms:
There are even terms like artists had to report to the company of any places at any time where they are. This is a serious violation of the provisions of privacy.
Big Bang (YG Entertainment)
Legal adviser from KFTC told the reporters even if this particular ‘artists’ career need to cause the company firm to make some special arrange but the terms stated in the contract is much too against the private life of an artist.
At the end of 2008 last year, Korea Fair Trade Commission had reviewed 204 artists contracts from these Top 10 entertainment companies. KFTC hopes to take this opportunity to improve the business environment for the artists.
Companies that offered ‘Slavery Contracts’
Source From: MyDaily
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