Monday, January 02, 2012

2012 - be good^^

   Alright, I'm back, fresh, with restored barrels of venom to use, with blades of wit so sharp they could shave The Diva's head, cause legs are probably smoother than mine.
I hope you were good kids, got lots of presents and all. Now, time for presents from Santa Ethlenn.
First, a good one, JYJ case.


Korean news program "Lee Sang Ho’s Palm News" has reported that the Korean Fair Trade Commissionhas found SM Entertainment guilty of interfering with JYJ's Korean activities for the past two years.
The report states that the investigation of the JYJ case is finished, but it must go through a review board in order to be officially published. However, the FTC has already ruled that SM Entertainment is indeed guilty, and according to Lee Sang Ho, this review is more of a political issue, and will not affect the ruling. According to Palm News, SM Entertainment will be fined for this offense. The FTC and SM Entertainment are currently negotiating the amount of said fine, which is rumored to be around 100 million Korean Won (~$87,000 USD). 
The FTC apparently raided SM Entertainment in March and collected evidence to support the case, but this was not covered by major Korean press agencies. The report showed proof of interference with JYJ's Korean activities, such as letters from the Korean Federation of Pop Culture and Art Industry (KFPCAI), and other officials.
This report was made by journalist Lee Sang Ho, who has been following this story for over a year. Included in the news report is an interview with Jung Hae Im, who was an instrumental figure in minimizing SM Entertainment's thirteen-year contracts down to the current seven years.
In an interview with Korean media, Lee Tae Hwi, head of the FTC, has confirmed the investigations, and states that an official statement will be released once the case has been finalized.

On December 22nd, journalist Lee Sang Ho revealed that he would be showing proof of SM Entertainment‘s obstruction of JYJ‘s activities for the very first time through Palm TV‘s ‘Lee Sang Ho’s Palm News‘. 
Representatives of the show stated, “For the past 14 months, journalist Lee Sang Ho will be exclusively unveiling the investigations by the Fair Trade Commission. Officials of the FTC have been investigating SM Entertainment since March, and results show that there was indeed proof of the obstruction of JYJ’s activities, as well as a fine of several hundreds of thousands in penalty being processed.”
The show is expected to include an exclusive interview of Jung Hae Im, the first official figure to lead the investigations into SM’s 13 year contracts and minimize them to seven years. Jung is once again at the forefront of the recent issue with the FTC.
The chief of the FTC, Lee Tae Hwi, however, revealed through Star Today that this was not the case. He stated, “I do confirm that there are current investigations being done regarding the issue with SM and JYJ, but we have yet to lay down a fine worth the amount they claim. I also find it difficult to reveal the details of our investigations at this point, and promise to release an official statement once things begin to materialize.”

sources: here, here