[NEWS] SM Entertainment Speaks Up

I'm sure a lot of fans may be outraged at SM Entertainment for the seemingly unfair payment DBSK has been perceived to have been receiving, but SME recently made an announcement that the boys are actually getting 4:6 (40% DBSK / 60% SME) of the profits. During the last 5 years, DBSK has earned about 49.8 billion won which is equal to a bit more than 40 million USD. From this amount, 22.4 billion won (a bit more than 18 million USD) was subtracted for the expenses SME invested in the group. From the remaining 27.4 billion won (a bit more than 22 million USD), the profits were divided 4:6.

SME stated "Right now the profits are split DBSK 40%, SM 60%. From the 27.4 billion won, 10.1 billion won (almost 9 million USD) goes to DBSK and 16.4 billion won (a bit more than 13 million USD) goes to SME." Furthermore, it was mentioned that for overseas activities, DBSK earned 70% of the profits while SME made 30%. This included all events, festivities, and commercials.

However, members Junsu, Yoochun, and Jaejoong said "The calculations of the profits are too vague. We cannot trust it."

SME also explained the reasoning behind the 13 year contract with DBSK. They stated "We were taking overseas activities into consideration when we were making the contract. We were thinking about 3~4 years in Korea, 3~4 years in Japan, and 3~4 years in China."

I really can't pass judgment on such a serious matter, so I'll leave it up to you guys. What's the truth?

Credit: Allkpop

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3~4 years in Korea, 3~4 years in Japan, and 3~4 years in China...

boy aren't they slave-drivers alrite...
really thinking of ALL e markets before they are even popular...
and these kinds of publicity and promotion stuff can be done CONCURRENTLY...
i mean...
who spends 4 years promoting in Korea, then moves to Japan and spends another 4 years then, then finally another 4 years in China???!!!

it's all done concurrently...
it's not as if Asia is so BIG until they can't do it concurrently...
SM is juz trying to make up stupid reasons and excuses for their slave-driver contracts...

tsk tsk...

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キット　(^^,)v