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Insiders say that B.A.P is not the only group to have problems with pay under TS Entertainment

Posted by starsung88 pts Tuesday, December 2, 2014

According to an exclusive by media outlet Oh My Star, B.A.P is not the only group to have voiced their complaints to TS Entertainment regarding the lack of payment and transparency regarding their finance.

A broadcast insider stated, "Not only B.A.P, but group A under the agency TS Entertainment has attended multiple events and released their album, but they have hardly received any of the profits from it... Despite doing a considerable amount of activities including university festivals and more, they are currently receiving a monthly income of around 700,000 KRW (~633 USD) and are helping out with composing and music production internally... They hardly received any revenue details and financial statements... Popular group B also had issues with income distribution, and every time the members complained, the agency temporarily resolved things by giving them gifts."

It has been rumored that group A only started to receive their financial statements this year and according to the group in question, the finances were never transparent for their activities during the past 8 years. A source who is apparently affiliated with the agency told the media outlet, "Since there is a separate finance team, they probably know the exact details better, but it is true that the contract period, income distribution, and other issues were not transparent to the agency artists... There have been a lot of complaints among the agency artists that their financial statements were not properly shown."

A TS Entertainment PR rep denied these claims, responding, "It is not true... Group A didn't participate in many events... Although there might have been cases when we personally gifted them, that does not factor into the matter of income distribution."

Whether or not the insiders are referring to Untouchable or SECRET, the other groups under TS Entertainment, financial transparency seems to be a common issue for all of the agency artists.

Tip: nutella

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