Article: "He even sold cars and watches.." Public opinion sympathizes with Fifty Fifty CEO after "leaks"
Source: Xports News
Sympathy is pouring out for Fifty Fifty's agency after illegal "extortion" attempt.
On the 3rd, ATTRAKT CEO Jeon Hong-joon leaked recordings of a phone call with Warner Music Korea Executive Director Yoon Mo in a press release.
The recording begins with Warner Music Korea Director Yoon calling ATTRAKT CEO as follows:
WM Yoon: "I have something to check"
CEO Jeon: "Yes, yes"
WM Yoon: "I proposed a 20 billion won buyout to CEO Ahn Seongil.."
[CEO Jeon reacts with shock as if he heard of it for the first time]
CEO Jeon: "I haven't heard of it. What buyout?"
WM Yoon: "Of the label.."
CEO Jeon: "What label.."
WM Yoon: "You didn't hear? We discussed buying out the label and taking over all the kids."
CEO Jeon: "No.. no."
CEO Jeon: "He didn't get any approval from the agency. This was an arbitrary act by CEO Ahn."
CEO Jeon: "Even right now, we're confirming additional criminal acts by CEO Ahn."
The recording file was also leaked through YouTuber Lee Jin-ho's channel and is causing controversy.
Netizens are expressing regrets for CEO Jeon who was blindsided by news of a buyout deal. In particular, CEO Jeon is said to have sold watches and cars to release Fifty Fifty's album. Netizens shared reactions writing, "ah, looks like the agency head got thrown out.." "He must've been really sad.." "To get hit on the back of the head like that."
Meanwhile, on the 26th, ATTRAKT stated that The Givers CEO Ahn Seong-il approached Warner Music Korea and tried to sell its girl group Fifty Fifty and sent related certifications to Warner Music Korea. In response, Warner Music stated the claims were "unfounded."
The Givers CEO Ahn was entrusted with production for Fifty Fifty and is also in charge of global and overseas promotions at Warner Music Korea.
Regarding the controversy, The Givers refuted claims stated, "We haven't been involved in any way."
- [+1,700] Fifty Fifty kids.. do you really think the success you achieved is your own?? Is there an agency that will film 4 MVs for a rookie?? Even in large multi groups, agencies only film 1 or 2 music videos. After you put out a song, the public's reaction is nothing but luck too. You probably thought its because you prepared well right..? Well who exactly put it together.. it's all thanks to your CEO who supported you financially.. you fools아😢😢
- [+1,200] Ah, I can't believe a day has come where I'm cheering for an agency..
- [+1,100] CEO Jeon really find out about the entire thing over a phone call.....😟
- [+809] He was the CEO but he still offered an illegal buyout deal like that without informing him. This transcript is really important evidence for the trial. CEO-nim, fighting! Let's ban all agencies with representatives like Ahn Seong-il from the entertainment industry so that nothing like this happens ever again!
- [+976] Seong-il ah, hurry up and get on your knees and ask for forgiveness or you're going to prison!!
- [+961] The CEO that extorted is wrong too but the most problematic ones are the members and their parents who got carried away with such flattery..
- [+873] Leaking recordings shouldn't be the last resort for the agency.. aigoo I'm seriously upset for him. CEO-nim, cheer up! Pick 2nd gen members for Fifty Fifty.. I'll support you!
- [+711] This is like a chartered tenant selling their officetel pretending to be the owner.. Fifty Fifty kids were active participants in the scam!!
- [+697] CEO-Nim, even if you win the lawsuit, don't accept the kids again! Make sure you throw them out!
- [+312] What a scary world.. this is the difference between a true CEO and scammers. Foolish kids that got together not realizing their lives were going to hell in one shot!
- [+238] CEO-Nim, I support you!!! I hope you don't get on the back by black-headed beasts anymore!!! Take out all the music and file a damages claim immediately! Show them what true education is. Then re-pick the members and make a new Fifty Fifty.
- [+256, -0] I seriously hope to live in a country where common sense judges workㅠㅠㅠ!