Lee Seung Gi has strongly denied the claims made by Hook Entertainment that it was not true that the settlement of music fees was not paid to him.
On November 28, Lee Seung Gi’s legal representative made an additional statement regarding Hook Entertainment’s statement which was released recently.
On November 25, 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.
In response, Lee Seung Gi legal representative expressed regret while denying the statements made by Hook Entertainment of settling all the music fees, and concluded that any further discussion with the agency is meaningless. Additionally, explained the 2021 agreement between Lee and Hook Entertainment which was about 4.7 billion won($3,500,000) in real estate investment.
Check out the statement by Lee Seung Gi’s legal representative below:
Meanwhile, Lee Seung Gi has recently been suspected of not receiving any music revenue for the past 18 years, and Hook Entertainment said in an official press release on November 25 that “the contract between Lee Seung Gi and his agency (such as the profit share) and Hook Entertainment never paid for Lee Seung Gi.”
In addition, regarding CEO Kwon Jin Young who had reportedly borrowed 4.72 billion won from Lee Seung Gi without interest from 2014 to 2021 to buy a luxury apartment in Hannam-dong, Hook Entertainment said on November 27 “It has nothing to do with Lee Seung Gi.”