Zero Revenue Settlement for Lee Seung-gi's Music Royalties Over 18 Years? ... Hook Entertainment "Investigating the Facts"

Actor Lee Seung-gi. Photo by Yonhap News

[Asia Economy Reporter Lee Isul] Singer and actor Lee Seung-gi's request for settlement of music revenue through a certified letter over the past 18 years has come to light, prompting Hook Entertainment CEO Kwon Jin-young to make a statement.

On the 21st, Dispatch reported that Lee Seung-gi had not received a single won from Hook Entertainment, where he had been affiliated since his debut, for music revenue settlement over 18 years. From 2004 to 2022, he released 27 albums and 137 songs, but the earnings were zero won.

In response, CEO Kwon said, "Recently, unfavorable stories about our company and myself have been appearing in the media, and regardless of their truth, I feel deeply apologetic to many people," adding, "Everything is due to my negligence and lack of virtue, so I feel ashamed and sorry."

He continued, "Currently, we are in the process of organizing facts for verification, and since there is a possibility of legal proceedings in the future, I ask for your understanding as we refrain from making further statements." He also stated, "If it is clearly confirmed that Hook Entertainment or I personally must take legal responsibility, I will not back down or evade it and will take full responsibility."

Lee Seung-gi debuted in 2004 with his first album Dream of a Moth and gained popularity with the song Because You're My Woman. He was loved for hit songs such as Delete, Love Era, Let's Break Up, Maybe I Was Crazy, and Turn Back. He was also active as an actor, starring in dramas including Famous Chilgongjoo, Brilliant Legacy, My Girlfriend is a Gumiho, The King 2 Hearts, and Gu Family Book.

This content was produced with the assistance of AI translation services.