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Posted by VITALSIGN42 pts Wednesday, May 9, 2012

Korean government steps in to prevent entertainment agencies from defrauding trainees



With more cases of fake entertainment agencies surfacing, tricking young hopefuls out of their dreams, the government has decided to step in with preventive measures.

On May 9th, the Ministry of Culture, Sports, and Tourism announced that they will be investigating entertainment agencies and launch a database that requires agencies and managers to register to be considered legal, as a preventive measure.

The ministry will be working with the Korean Entertainment Management Association to create a database that houses basic information of entertainment agencies like the number of staff and public figures they manage. The database will be made into a safe and reliable tool for parents and trainees to use to find or verify agencies.

In addition, entertainment agencies that don't pass the standards set will be banned from running as a business. In order to register, agencies must submit proof verifying that they have the assets fit to run a business along with an office building registered under their name.

The ministry concluded, "Recently, several entertainment agencies have been causing a stir in society for the unlawful acts they've committed against trainee hopefuls. We plan to stop unfit agencies from entering the market and focus on building a clear and responsible market."

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Source + Photos: E-Daily via Naver

  1. MINISTRY OF CULTURE, SPORTS AND TOURISM
  2. KOREAN ENTERTAINMENT MANAGEMENT ASSOCIATION
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