* Translated by AI

Starnews

JTBC addresses controversy over unpaid appearance fees and production costs with "Payment completed..apologies for the delay" [Official]

Published:

Heo Jihyung

*This content was translated by AI.

/Photo=JTBC logo
/Photo=JTBC logo

JTBC has issued a statement regarding the controversy over unpaid appearance fees and production costs.

On the 8th, JTBC stated in an official position that it had completed payments for dispatch commissions and service fees that were previously unpaid due to court approval procedures, having received court permission last week.

It further added, "Based on the comprehensive approval recently granted, we have also completed payment today for some variety program appearance fees and external production costs that were unpaid," while expressing apologies to performers and affiliated companies for the unavoidable delays in payment schedules while awaiting the court's decision.

Previously, Central Group's liquidity crisis began in earnest after JTBC failed to repay 206 billion won in securitized loans. Following this, Central Holdings and other affiliates, along with JTBC, filed for bankruptcy proceedings with the court.

JTBC is currently in a state where the decision on whether to initiate bankruptcy proceedings has been suspended for one month after its application for an Automatic Restructuring Support (ARS) program was accepted.

In this context, the Korean Broadcasting Actors Labor Union (Han-yeon-no) released a statement on the 7th, saying, "The damage to broadcasting actors following JTBC's corporate bankruptcy proceedings has reached a serious level," and added, "Production of numerous contents has been halted, and appearance fee payments have been delayed for an extended period."

According to the union, delays in paying appearance fees for some programs such as 'Please Take Care of My Refrigerator' and 'Knowing Brothers' are causing disruptions in the payment of rebroadcast fees based on performers' neighboring rights due to the impact of the bankruptcy proceedings.

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*This content was translated by AI.

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