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Hook Entertainment revealed that they now have paid all Lee Seung Gi is owed for his unpaid music profits.
On December 16th, the agency issued an official statement. “We deliver our sincerest apologies to Lee Seung Gi, who must be going through the toughest times right now.”
“The payment that Lee Seung Gi requested was too different from the amount he was owed, so we could not reach a mutual agreement. Therefore, aside from the base payment of $992,000, we paid Lee Seung Gi his unpaid earnings of $2.2 million as well as $916,380 of delayed interest in the hope of bringing this dispute to an end.”
They added, “Confirming that the agency no longer owes Lee Seung Gi unpaid fees in any form, Hook Entertainment has filed a legal request for the court to verify the agency’s current status as not subject to any liabilities.”
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