Public sentiment sides with CEO in Fifty Fifty dispute !

Public sentiment sides with CEO in Fifty Fifty dispute !

Article: When their CEO even sold their Rolex for them... Fifty Fifty files lawsuit to terminate contract for pay dispute

Source: Insight via Instagram

[+2,782] Sigh... Even the tier 1 girl groups weren't paid until a lot more time passed... If they weren't rushing themselves like this, they could be enjoying a much brighter future, but instead they've chosen to block out all the light

[+1,634] They're barely seven months into their debut and they're already demanding to be paid? There's no way they could have the audacity to make such a demand without an external force behind them.

[+1,604] If what the rumors are saying are true, I refuse to support them ever again. I just can't. 

[+1,128] So they've chosen the path of ruining themselves together...

[+958] This is the first time I'm feeling bad for the CEO

[+823] Greed always leads to downfall...

[+487] The company is always the stronger party when it comes to putting news out in the media so I'd rather check the facts than just believe them blindly
- [+373] The facts have already been checked. They're only seven months in and are demanding to be paid while requesting contract termination with their main producer

[+463] Aigoo, I wanted to take their side when I heard rumors of an external force but now it seems like they're thinking they're on Black Pink's level or something

[+384] It's just plain wrong for them to be doing this seven months into debut... They could've re-assessed their situation at the one year, two year, three year mark, and made the appropriate demands then. Even a freshly recruited employee doesn't really get to throw around their opinions when they're newly hired.. That's why gaining more time and experience matters, it gives your voice more power...

[+257] Aren't they in a position where they should be owing the company if we're talking about fair pay?? It costs millions to produce an idol.. I don't even know who this group is and they're already demanding to be paid?

[+253] I may know your song but I don't know any of your faces

[+200] Fifty Fifty may be popular overseas and charting on various different charts, but the internal side of that doesn't translate to a lot of money, and most definitely less than the current top moneymakers like New Jeans, IVE, or even Le Sserafim!! Seven months into debut, I doubt there's anything even left over once all the expenses are taken out... Who's blowing false hope into these girls?

[+83] Can't tell if it's their parents who're being dumb or if it's the members themselves, but us Koreans take ingratitude very seriously and it will be difficult to recover your career once your image is associated with such betrayal ㅎ 

[+65] Asking because I'm curious, but is it the norm for idols to work without pay for seven months? As long as the agency provides housing and food, you're supposed to work for them for years for free? Doesn't that make you a slave?
- [+344] There's more to it than that. On average, it costs around 2 billion won in investments to produce one girl group which includes housing, lessons (language, dance, singing, rapping), physical therapy, mental therapy, producing songs and choreography, hair and make up, staff, offices... it costs a ton. The agency makes this investment believing that the group will return a bigger return. And these idols aren't "working for free" for the seven months after debut. They're continually provided with housing and food, further lessons, etc, and it's only until after their income exceeds their investments do they start to get paid. New Jeans was a hit upon debut but it still took them two months to start getting paid, while other idols who don't earn such fame take years after incurring further debt to keep them afloat to turn a profit. I wouldn't necessarily call them slaves when they chose this path. They knew what the terms were when they signed it. As for Fifty Fifty, do they even have a hit song in Korea? I think they're expecting way too much way too fast for a group that's only seven months into debut, and that's the problem here.
- [+67] ^ Fifty Fifty actually cost 8 billion won in debut investments
- [+36] By OP's logic, why would companies invest billions of won in a "slave"?
- [+41] OP, do you think companies are charity organizations where they're expected to provide all this training and song productions for free??? They rent out training rooms, provide housing and food, and sign you up for lessons in vocals and acting

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Agreed Nebuzz

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