MADTOWN have essentially filed suit against GNI Entertainment for their contracts to be terminated, this coming after the CEO of the company was arrested for fraud.
The seven members of K-pop group MADTOWN have filed requests for an injunction on their contracts with GNI Entertainment, their agency. After the CEO of GNI Entertainment was arrested for fraud in March this year, many employees at GNI — including executives, managers, and staff — left the company, effectively leaving MADTOWN with no management or support from their agency.
The lawyer representing MADTOWN spoke to the media to clarify exactly how messed up the situation allegedly is for the group at the moment.
On September 12, lawyer Sun Jong Moon of Sun&Partners spoke to multiple media outlets and when asked why the injunction was filed, he explained, “MADTOWN has been receiving no monetary, material, or human resources from their agency. There are no employees working in their agency, their website is down, and the office space has already been sold. MADTOWN has no transportation, no manager, and not even a dormitory. This makes it impossible for the members to hold any activities, and they have been unable to promote since their last album, which was released in June 2016.”
The lawyer also pointed out that MADTOWN truly leaped out of the frying pan and into the fire, as they only came to GNI due to J. Tune Camp shutting down/abandoning them.
The lawyer went on to explain that the members of MADTOWN are distressed and hurt by their current situation. He said, “Just when they were about to blossom as a group, they were forced to move agencies (In 2016, MADTOWN had to change labels to GNI Entertainment from J. Tune Camp, which was in the process of closing its business). And now they are in a situation where they can’t perform at all, and they’re hurting because of it.”
What do they want? Basically just their freedom to continue with their careers.
On what the members are hoping for from this injunction, the lawyer stated, “As long as their current contract is in effect, MADTOWN cannot receive help from or sign on with a different agency. They need resources to create music and be active as singers, but that’s impossible in their current situation. Like many other celebrities who have made their debut in the industry, the members of MADTOWN all went through long training periods before finally making their debut. But they have been unable to promote for over a year now. All they want is to be able to perform and promote freely.”
Unless there’s some kind of gigantic lie in there somewhere, this seems like it has to happen if there’s any sense of fairness considering the CEO’s fraud case could take years for all they know.