Agency ordered to repay partner

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Agency ordered to repay partner

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Block B

A Seoul court ordered the agency of Block B to return nearly $600,000 to its partner, holding it responsible for not hosting a concert of the idol group.

The Seoul Central District Court ruled yesterday that Stardom Entertainment, which represents the seven-member boy group, needs to pay 652.44 million won ($586,990) to Shownote.

The two companies signed a deal in September last year after agreeing to collaborate to hold Block B concerts at least twice each year for two years. Shownote gave the money to Stardom Entertainment on two occasions through October of last year. But the concerts were canceled after a conflict between Block B and Stardom Entertainment deepened over the terms of the contract.

Shownote terminated the deal with Stardom Entertainment and filed a lawsuit to get the money back. Stardom Entertainment reportedly filed a countersuit, claiming Shownote slandered another singer that it represented and demanded 30 million won in compensation.

By Moon Gwang-lip
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