Lee Seung Gi has personally made a statement after Hook Entertainment announces that they have paid the actor his music-earning profits according to their own calculation method saying that he will continue to fight in court.
On December 16, Lee Seung Gi took to Instagram and left a long message and said that he will donate all the money received from Hook Entertainment to those in need, and will continue to fight the case in court since Hook Entertainment has paid him according to their own calculation method.
Earlier, Hook Entertainment announced that they have paid Lee Seung Gi a total of $4 Million which is 2.9 billion won ($2,216,600) in unpaid adjusted settlement and 1.2 billion won($1,451,000) in the delay interest rate.
On November 17, Lee Seung Gi demanded proof of contents from his agency through the law firm Pacific Ocean, saying that he had not properly received the proceeds of his music for over 18 years when he signed an exclusive contract with Hook Entertainment. Hook Entertainment has been in the middle of controversy after being raided by the National Police Agency.
Later, Dispatch released an alleged audio recording, which is the conversation between CEO Kwon, the director of Hook Entertainment, and the manager of Lee Seung Gi at a meeting on November 17, which caused a stir and the repercussions grew. Following the explosive report, Hook Entertainment announced that the claims regarding not paying music profit earnings are false and they have cleared all debt relations between the parties when they renewed the contract with Lee Seung Gi around 2021. However, the legal representative Lee Seung Gi refuted Hook Entertainment’s statement and concluded that any further discussion with the agency is meaningless. the actor has since filed to have his contract terminated with the agency.