TS Entertainment Makes Official Statement on B.A.P Lawsuit
TS Entertainment made an official statement regarding B.A.P′s lawsuit to nullify contracts, .
On November 27, TS Entertainment made an official statement through a press release, saying, "We′ll formally handle this situation."
TS Entertainment stated, "TS Entertainment has supported the various activities of the company′s artist, B.A.P, and worked hard to achieve a common goal. Under mutual consideration and faith, the company, with the first priority put on the safety of the artist, has cancelled all official schedules and provided a time of rest."
"Also, with the agreement of the artists, we began discussing future plans recently when we suddenly found out about this lawsuit through news articles."
TS Entertainment continued, "After receiving the news about the lawsuit, TS Entertainment is currently checking for concrete facts. However, the issues of ′unfair contract conditions′ or ′slave contracts′ that have been reported, do not exist, and there hasn′t been any one-sided and unfair treatment towards the artists either."
"Furthermore, the company will be looking into the situation of the lawsuit as soon as possible and plan on formally handling the situation," said TS Entertainment. "Once again, we want to sincerely apologize for worrying everyone who love TS Entertainment and its artists."
On November 26, it became known that B.A.P filed a lawsuit against TS Entertainment to nullify its contract at the Seoul Western District Court. The reasons are said to be due to unfair conditions and profit distribution in the contract.
B.A.P debuted in 2012 and rose to become a popular K-Pop group, not just in Asia, but South America as well.
Photo Credit: Newsen