* Translated by AI

Starnews

Where is Fantasy Boys heading? "Violation of settlement obligation" vs "Immediate damages" [Star Issue]

Published:

Yoon Sanggeun

*This content was translated by AI.

Group Fantasy Boys / Photo provided by ASEA Organizing Committee 2024.04.10 /Photo=Lee Dong-hoon
Group Fantasy Boys / Photo provided by ASEA Organizing Committee 2024.04.10 /Photo=Lee Dong-hoon

Punky Studio and PocketDol Studio will take legal action, including an immediate appeal to the Supreme Court, regarding the exclusive contract dispute with Fantasy Boys.

Fantasy Boys' agency stated in an official statement on the 15th, "Granting a preliminary injunction based solely on insufficient supporting documents in a global project involving over 100 billion won in investment is a judgment that overlooks entertainment industry practices. To correct this erroneous precedent, we will file an appeal to the Supreme Court and pursue a lawsuit for damages."

The agency further added, "Fantasy Boys has already signed numerous contracts domestically and internationally. We plan to file a separate claim for damages for the losses incurred due to this incident."

Lawsuits will be filed individually against members Kim Gyu-rae, Hikaru, and Hong Seong-min, who are currently under exclusive contracts with PocketDol Studio, while simultaneously pursuing a team-wide damages claim. Despite this situation, members Hikari, Ringchi, Kim Woo-seok, and Oh Hyun-tae remain steadfast in their positions within the team. They are currently fulfilling their scheduled activities without any delays.

The agency stated, "Given the significant damage suffered by the artists, the company, affiliated companies, and investors, we will legally hold all parties fully accountable. We will take a firm stance without any compromise against actions that undermine the order of exclusive contracts."

Legal representative Lawyer Noh Jong-eon remarked, "Granting a preliminary injunction against an idol group with massive investments based solely on insufficient supporting documents is an exceptional judgment that is disconnected from entertainment industry practices. We will do our utmost to clarify the facts of the case through the main trial and provide relief for the damages suffered by the affiliated companies."

Previously, on the 14th, Lawyer Heo Sung-hoon of law firm Ryu, who serves as legal counsel for six Fantasy Boys members and BAE173 member Doha, stated, "We won the case regarding the application for a preliminary injunction to suspend the validity of the exclusive contract filed with Seoul Central District Court against PocketDol Studio and others on the 17th of last month. Although PocketDol Studio immediately filed an objection, both the Fantasy Boys members and Doha won the objection case regarding the preliminary injunction."

The legal representative stated, "The judge repeatedly pointed out that 'PocketDol Studio failed to properly fulfill its settlement obligations,' thereby recognizing PocketDol Studio's breach of contract. As a result, six Fantasy Boys members, including Kang Min-seo, and BAE173 member Doha are now free from their exclusive contract relationship with PocketDol Studio and can engage in entertainment activities freely."

Fantasy Boys debuted in 2023 through MBC's "Boy Fantasy - After School Excitement" Season 2. Following the survival show, the group started with 11 members after Yu Jun-won, who finished first, could not join due to a contract dispute with his agency. Last year, members Kang Min-seo, Lee Han-bin, Hikaru, Hong Seong-min, Kim Gyu-rae, and Kaydan filed a lawsuit to confirm the non-existence of the validity of their exclusive contracts and applied for a preliminary injunction to suspend their validity.

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*This content was translated by AI.

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