Miss Jackson-Hyundai Futurenet Dispute Ends with Mutual Growth Agreement Between Parties

Startup-Corporate Dispute, Joining Hands for 'Win-Win' Cooperation

The Ministry of SMEs and Startups (Minister Lee Young) announced on the 29th that the dispute between Miss Jackson and Hyundai Futurenet has been finally resolved through a mutual agreement between the parties. The controversy began when Miss Jackson, a performance planning startup, raised allegations that Hyundai Futurenet had hijacked the 'David Hockney Exhibition' performance contract through a company in which it had invested shares.

Upon confirming the details, the Ministry of SMEs and Startups immediately inspected the damage situation through the Technology Protection Support Team and reviewed applicable laws. After receiving Miss Jackson's administrative investigation report, the ministry conducted a full investigation and confirmed the positions of both parties regarding the mediation agreement.

In particular, considering Miss Jackson's diverse domestic and international content planning experience and Hyundai Futurenet's active investment intentions, the Ministry of SMEs and Startups encouraged a mediation atmosphere based on mutual growth between the parties. Several working-level meetings were also hosted to coordinate the positions and terms of agreement between both sides.

Through this process, both parties finally signed an agreement focusing on Hyundai Futurenet's withdrawal of investment in the controversial 'David Hockney' exhibition and Miss Jackson's investment in upcoming projects.

Minister Lee Young stated, "This agreement is meaningful in that a startup and a large corporation quickly resolved their dispute through mediation and promised cooperation based on mutual development."

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