TVXQ representative from the Sejong law firm say that the first hearing on their dispute of contract terms with SM Entertainment (SM) will be held on August 21 2009 (Seoul, South Korea time).
Three of the five members of TVXQ (Jaejoong, Junsu and Yoochun) are fighting for improved contract terms and working conditions. They also want SM to release information about TVXQ's income.
Late last month, TVXQ's lawyers filed with the District Court for an "Exclusive Contract Validity Suspension" and a "Provisional Disposition Request". They also filed an application to make SM preserve evidence and force them to turn over pertinent documentation to the lawyers representing the three members.
According to translated reports, the representative for TVXQ said, "We are preparing for the first hearing that will be soon... TVXQ's stand and SME's stand on this situation have not changed at all."
After receiving a round of heavy criticism for their so-called slave contract with TVXQ (DBSK / Tohoshinki), SM is claiming they gave TVXQ 40% of the profits. Yeah, and I'm the Queen of England!
Almost no one believes that SM would give any of its artists 40% of the profits generated from the artist's hard work.
Adding further insult to the intelligence of the millions of DBSK fans and the Japanese public, SM is reportedly claiming that for overseas promotions, Tohoshinki gets 70% of the profits while SM takes a paltry 30%.
If you believe that, I have a few acres of beautiful swamp land in Florida to sell you.
Contrary to certain media reports out of South Korea, the members of DBSK (TVXQ / Tohoshinki) are not fighting with each other over the fact that three members have decided to seek a better contract with SM Entertainment (SM).
As you know, Junsu, Yoochun and Jaejoong are seeking to renegotiate unfair terms of their contract. SM, according to the guys, were ignoring their attempts to take care of this problem in private. Hence, the public filings.
This conflict between TVXQ and SM does NOT mean they will disband. They are not seeking to break up in any way.
What's going on with Dong Bang Shin Ki (DBSK/TVXQ/Tohoshinki)? Are they really in a split with their current entertainment company over a terribly unfair contract?
What the fans have managed to put together from reports about the situation so far is that Jaejoong, Junsu and Yoochun are seeking to negotiate a resolution to some kind of disagreement between themselves and SM Entertainment (SM).