Cube Entertainment has announced that they will be taking legal action against people who defame their artists through malicious slander, privacy invasion, and more. On July 28, the agency posted the following statement to their global fan platform U CUBE. Hello, This is Cube Entertainment. First, we thank all the fans for your great love and support for… Continue reading Cube Entertainment To Take Legal Action Against Defamation Of Artists
Tag: Cube Entertainment
Cube Entertainment Partners With Chinese Music Platform NetEase Cloud
Cube Entertainment has advanced its venture into the Chinese market. The agency recently partnered with one of China’s largest music streaming platforms, NetEase Cloud Music. On June 2, Cube shared, “Today, with China’s NetEase Cloud Music, we acquired a music content license worth 7.5 billion won (approximately $6.2 million) and agreed upon a partnered promotion contract using… Continue reading Cube Entertainment Partners With Chinese Music Platform NetEase Cloud
Update: Lai Kuanlin Appeals Court Decision To Dismiss Request To Suspend Contract With Cube Entertainment + Cube Gives Statement
Updated May 20 KST: Cube Entertainment gave a statement to news outlets following Lai Kuanlin’s announcement about their legal battle. On the evening of May 20, a source from Cube told Newsen, “On May 19, the Seoul High Court decided to dismiss the appellate trial over our agency artist Lai Kuanlin’s request to suspend his exclusive contract with our… Continue reading Update: Lai Kuanlin Appeals Court Decision To Dismiss Request To Suspend Contract With Cube Entertainment + Cube Gives Statement
Cube Entertainment Launches Global Fan Platform U CUBE
Cube Entertainment has officially launched a new global fan page U CUBE. The agency made the announcement on April 17 across social media accounts. U CUBE is set to be a platform for fans all around the world and will provide services such as automatic translation in various languages and systems to apply for music show… Continue reading Cube Entertainment Launches Global Fan Platform U CUBE
Co-Founder Hong Seung Sung Leaves Cube Entertainment Following Conflicts Due To New Majority Shareholder
Cube Entertainment co-founder and chairman Hong Seung Sung has announced his departure from the agency. In February, it was reported that cosmetics and media commerce company VT GMP had acquired 30.61 percent of Cube Entertainment’s shares and become the largest shareholder in the company. Last week, Cube Entertainment’s CEO Shin Dae Nam resigned and two new CEOs took his place: Ahn… Continue reading Co-Founder Hong Seung Sung Leaves Cube Entertainment Following Conflicts Due To New Majority Shareholder
Cube Entertainment Co-Founder Expresses Concern About Agency After Change In Major Shareholder
Cube Entertainment co-founder and chairman Hong Seung Sung has spoken up following major changes at the company. In February, it was reported that cosmetics and media commerce company VT GMP had acquired 30.61 percent of Cube Entertainment’s shares and become the largest shareholder in the company. On March 26, outlet Kukmin Ilbo reported that Cube… Continue reading Cube Entertainment Co-Founder Expresses Concern About Agency After Change In Major Shareholder
VT GMP Becomes Cube Entertainment’s Largest Shareholder
Cube Entertainment has been acquired by KOSDAQ listed company VT GMP. Cube Entertainment manages artists and actors such as BTOB, PENTAGON, (G)I-DLE, and more. On February 21, it was disclosed that VT GMP acquired 30.61 percent of Cube Entertainment shares for $29.1 billion won (approximately $24.1 million), changing Cube’s largest shareholder from iHQ to VT… Continue reading VT GMP Becomes Cube Entertainment’s Largest Shareholder
Sung Si Kyung And Cube Entertainment Founder Weigh In On Chart Manipulation Issue
Two more music industry veterans have shared their thoughts on the recent chart manipulation controversy. On November 24, Park Kyung posted a tweet accusing Vibe, Song Ha Ye, Lim Jae Hyun, Jeon Sang Keun, Jang Deok Cheol, and Hwang In Wook of sajaegi (the manipulation of album sales numbers through bulk orders by an artist’s own agency). The artists… Continue reading Sung Si Kyung And Cube Entertainment Founder Weigh In On Chart Manipulation Issue
Court Dismisses Lai Kuanlin’s Request To End Contract With Cube Entertainment
On November 21, the Seoul Central District Court dismissed Lai Kuanlin’s request to suspend his exclusive contract with Cube Entertainment, meaning his exclusive contract with the company still holds. Cube Entertainment issued the following statement on November 21: Hello. This is Cube Entertainment. Today, the Seoul Central District Court decided to dismiss our agency artist… Continue reading Court Dismisses Lai Kuanlin’s Request To End Contract With Cube Entertainment
Lai Kuanlin And His Lawyer Speak To Reporters After 1st Court Questioning With Cube Entertainment
Lai Kuanlin opened up about his desire to continue to be active in Korea after his first questioning with Cube Entertainment. On August 23, the Seoul Central District Court held their first questioning for Lai Kuanlin’s request to suspend his exclusive contract with Cube Entertainment. Lai Kuanlin remained solemn and quiet as he headed inside with… Continue reading Lai Kuanlin And His Lawyer Speak To Reporters After 1st Court Questioning With Cube Entertainment