Funky Studio Reveals Negotiation Contents With Yoo Jun-won's Parents "Pressuring Settlement by 6-4" [Star Issue]

*This content was translated by AI.

MBC's "Boy Fantasy" production company Funky Studio has revealed the process and details of the negotiations with Yoo Joon-won, who is in dispute over the illegal departure.

According to the production company Funky Studio on the 8th, the appraiser, who was in charge of calculating the amount of damage at the court at the time, said, "It is good for each other to meet as soon as possible and reach an agreement because it costs too much to appoint an appraiser." In response, CEO Kim Kwang-soo said, "We actively accepted the recommendations of court appraisers and prepared a place for direct conversation with parents through acquaintances to open up the future of young artists instead of exhausting legal disputes."

The two sides met at 1 p.m. on May 16, 2025 at a coffee shop at a hotel in Gangnam, Seoul. Representative Kim Kwang-soo and Yoo Jun-won's parents attended the meeting and talked for about an hour.

The production company claimed that immediately after the end of the "Boy Fantasy" broadcast, Fantasy Boys proved its explosive popularity by selling out two 5,000-seat Japanese fan concerts in an instant, so CEO Kim Kwang-soo proposed a condition to shorten the exclusive contract period from five years to just one year in order to boost the morale of Fantasy Boys members and return Yoo Joon-won. He also added that he will focus on group activities for a year and fully support them so that they can go the way they want, such as solo or unit.

However, Yoo Joon-won's parents left their seats saying, "I'll think about it," and the next day, they sent an answer through an acquaintance, saying, "If you reduce the contract period to three months, I'm willing to work." The production company said, "Considering that it usually takes at least six months of preparation to plan, record, and produce an album, the demand for a three-month contract is virtually no different from a declaration that it will not return."

"In fact, Yoo Joon-won's mother continued to make strong demands through messengers in the process of adjusting the terms of the contract," he said. "Yoo Joon-won said, "Jun-won is 6 and the company is 4 in all settlements, including music, records, and goods," adding, "I don't think I can sign a contract if it's not like this." This is a demand that goes beyond the usual rookie contract practice, and the production company tried to reach an agreement as much as possible, but was blocked by the stubborn attitude of the parents," he said.

In addition, the production company said, "In the case of Yoo Joon-won, even though he was already an adult at the time of signing the contract, he conducted the contract as an unusual legal representative for himself and his parents to stamp together," adding, "Usually, adult artists sign a solo contract, but Yoo Joon-won was deeply involved with his parents starting to negotiate the terms of the contract from the time he appeared."

The production company also disclosed some of the contract details. According to Article 2 of the disclosed contract, "B" will participate in "A"'s incubation system (hereinafter referred to as "A incubation system"), which conducts entertainment activities for five years from the end of the broadcast, and "B" agrees to "consign to A" his authority as a manager and agency for performing entertainment activities as a pop culture artist.In Na Kyung-yong and Article 3, it is clearly stated that if "Eul (Yoo Jun-won)" is selected as the finalist of the program, entertainment activities will be carried out for five years from the end of the broadcast. Nevertheless, the production company believes that Yoo Joon-won has continued to take arbitrary steps, refusing to fulfill the contract when the ratio of profit distribution demanded by his parents was not carried out.

An official from Funky Studio said, "I made the proposal with the utmost consideration as a producer, but I couldn't narrow the difference in my position on the duration of the activity," adding, "I was very sorry at the time." "We have all the data to prove the situation, such as the meeting place and the details of the conversation at the time, and we can disclose it if we need to confirm the facts," he said.

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*This content was translated by AI.