Cha Ga-won, Won Hundred, "Different from the Fact" [Official] on allegations of 3 billion unsettled payments by THE BOYZ, Baekhyun, and Taemin

*This content was translated by AI.

Won Hundred, an entertainment agency led by Chairman Cha Ga-won, refuted the allegations of non-payment of the singer's settlement money.

One Hundred issued an official position on the 2nd and claimed that the report was not true, saying, "The unresolved issue is currently under normal consultation and adjustment depending on the contract terms and activities of each artist."

We will respond strongly and legally as it can damage the image of our artists. Our artists and executives have no conflict with the company and are working hard. Chairman Cha Ga-won is also doing his best to help the artist. In the meantime, the growth of One Hundred, Big Planet Made Entertainment, and INB1003 companies has been made through active investments," he countered.

He also stressed, "We will hold accountable until the end for misinformation based solely on the report of the wrong informant," adding, "We will immediately submit an application for mediation to the Media Arbitration Committee."

He added, "The truth of this matter will be clarified through legal procedures."

Earlier in the day, The Fact reported that the amount of the One Hundred's group THE BOYZ did not receive settlement was about 1 billion won, Baekhyun, a singer from the One Hundred label INB100, and Chen and Xiumin also had hundreds of millions of dollars in unpaid bills. He also claimed that Taemin, another affiliated label Big Planet Made, had more than 1 billion won in unpaid bills.

According to reports, in the fourth quarter of last year, there were talks of unpaid bills for singers belonging to One Hundred, and some singers even shared their concerns about unpaid bills and future activities with industry workers.

However, when the report came out, Wonhundred countered, "Our artists and executives have no conflict with the company and are working hard."

◆ Hereinafter, the full text of Wonhundred's official position.

Hello,

It's One Hundred.

We will announce our position regarding the fact article reported today (2nd).

The "unsettled" issue mentioned in the article is currently under normal consultation and adjustment depending on the terms and conditions of each artist's contract and activities. The Fact's article is untrue, and it is very unfortunate that it was reported without fact-checking and assurances of counter-argument.

This is a part that can damage the image of the artists they belong to, so we will respond strongly and legally.

Our artists and executives have no conflict with the company and are working hard. Chairman Cha Ga-won is also doing his best to help the artist

In the meantime, the growth of One Hundred, Big Planet Made Entertainment, and INB1003 companies has been made through active investments.

We will hold you responsible until the end for misinformation based solely on the report of the wrong informant. We will never forgive The Facts and wrong informants who try to sway artists and companies by writing articles in this way.

In particular, this article will also clarify once again that the right to object is not properly guaranteed, and immediately submit an application for mediation to the Media Arbitration Committee.

The truth of this matter will be clarified through legal proceedings.

Thank you.

One Hundred Dream

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*This content was translated by AI.