FIFTY FIFTY, which is entangled in a dispute with their management agency, is slated to receive their first payment this month. As per inside sources within the music industry, FIFTY FIFTY began to show financial profitability by the close of this month, which means that the members' first payment settlement can now occur.
Keena, who is the only member to have reconciled with the agency, is projected to receive a significant first payment, anticipated to be in the tens of millions of KRW (5 to 6 figures in USD).
Interestingly, for FIFTY FIFTY, most of this first payment is derived primarily from revenues generated through music streaming platforms. The group remarkably managed to turn a profit merely two years after their debut, solely through their music streaming income. This accomplishment is all the more noteworthy, considering they had no additional income from advertisements, concerts, or guest appearances due to the ongoing disputes.
This impressive feat can be accredited to the worldwide success of their chartbuster track, "Cupid," which performed exceptionally well on prominent global music platforms like Billboard and Spotify. As per the international music revenue settlement system, it usually takes 4 to 9 months from the time of revenue generation for the settlement to take place. Therefore, this month, the members are finally expecting their hard-earned compensation.
However, the situation remains uncertain for three members—Saena, Sio, and Aran—who have been locked in a dispute with the agency since April. Their chances of receiving the settlement payments might be influenced by the fact that they have already received contract termination notices and have expressed their intention to continue their legal disputes with the agency.
Keena, who is now to receive her first settlement, intends to persist in her ventures as a member of FIFTY FIFTY. Notably, FIFTY FIFTY has been listed as a nominee for the '2023 Billboard Music Awards,' with Keena being the sole representative for the group at the event. Plans are also being laid out to restructure the group, positioning Keena at the helm.
Korean netizens commented, "First payment is millions of KRW?? Keena won. I learned that life's all about timing," "If they just said sorry and returned, they would've received that payment too. ̶C̶u̶p̶i̶d̶ They're so dumb," "If they didn't cause such a fuss with Ahn Sung Il, they would've earned much more," "The other girls definitely won't get paid because they have to pay for contract breech fees and more," "They kicked away their luck," and "If they earned that much money with just one single (they could've been wealthy), they really ruined their own future."
I wonder if the other girls will ever realize the crap the givers fed them. Keena is debt free and can continue her career. The other girls will probably have more debt due to the lawsuits
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