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Variety

Crown J recalls the financial troubles he experienced while living in the U.S.

By jubilantj   Tuesday, August 30, 2016   18,309   906   15
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The August 30 episode of 'With You' featured the original mock married couple Seo In Young and Crown J's meeting with Kim Sook and Yoon Jung Soo

Crown J revealed on this broadcast, "After 'We Got Married' ended, my contract with my agency [at the time] ended so I headed over to the States. I wanted to be a singer in America so I even set up a company and did that for around two years."


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Crown J continued, "And then there was an incident. I had written a guarantee (a pledge to pay someone else's debts). It was 25 million KRW (~$22,330 USD). It's all good now. Jung Soo knows. You only know how it feels if you experience it for yourself." Kim Sook added sympathetically, "[When something like that happens], It doesn't feel like it's someone else's business." 




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daFoolio Wednesday, August 31, 2016

NEVER co-sign for ANYONE!!

BigBlueagain Tuesday, August 30, 2016

It's a different ballgame over here. In Korea, the entertainment company puts up the money, provides the training, provides the promotion, and takes all of the financial risk. In the U.S. the artist pays for EVERYTHING out of the profits. If the profits don't amount to enough to pay the debt from the record company, they WILL sue you for it and they hardly ever lose. In Korea, artists are commodities owned by their companies. Over here, artists are independent business entities that have assumed all the responsibility and risk for what they put out.

hiroonakamura BigBlueagain Thursday, September 1, 2016

not always true. if you are famous, you're promotions and such are not paid by you but by your label. in return the label will of course take a huge chunk of your album and singles sales.

BigBlueagain hiroonakamura Friday, September 2, 2016

Production is paid by the label and taken out. Promotions are paid by the talent. That's why you see so many of them with sponsors now. That's how they're paying for it.

hiroonakamura BigBlueagain Saturday, September 3, 2016

i gotta disagree. my friend is friends with RedOne (the swedish producer who made Lady Gaga huge). in the case of when she got big initially, she did not pay for promotion nor production.

hiroonakamura BigBlueagain Saturday, September 3, 2016

since i cant edit my other comment: the reason i mention redone is swedish is coz i am swedish too.

BigBlueagain hiroonakamura Saturday, September 3, 2016

EVERYTHING is charged to the talent. It may be fronted, but it's taken out of the sales (that includes the advances). ASCAP has the agreed on percentages on their site.

hiroonakamura BigBlueagain Saturday, September 3, 2016

but ascap is about licensing and royalties though. has nothing to do with who pays for promotion (like going on a TV show to promote your new album)

BigBlueagain hiroonakamura Saturday, September 3, 2016

Look, if you don't believe me then just go look at the site. Knowledge is there, I can bring it to you, I can't make you smart enough to use it.

BigBlueagain hiroonakamura Saturday, September 3, 2016

And by promotion, I'm talking about concerts. Talent GETS paid to go on TV.

hiroonakamura BigBlueagain Sunday, September 4, 2016

but promotion is promoting something. the concerts arent really promotions imho and as such i am not talking about concerts, nor their music being played on TV or radio. i am talking about going on shows, doing interviews with media and such to promote your new album or single or concert

BigBlueagain hiroonakamura Sunday, September 4, 2016

They get paid for that by the venue. It's not that much, but they still get paid. Hell, they even get paid just to show up at events these days. But given the fact that they aren't making any money from the music anymore, I guess they had to do something.

hiroonakamura BigBlueagain Tuesday, September 6, 2016

and that is what i meant by the fact that they dont pay to promote, but rather they get paid to promote :)

BigBlueagain hiroonakamura Tuesday, September 6, 2016

(smh) that's not promoting. Promoting is the concert venues. I think we have a misunderstanding of terms. "promotion" in the West means concerts. And the talent pay for that.

hiroonakamura BigBlueagain Saturday, September 10, 2016

i am from the west, yet i never heard people say that promoting things meant doing concerts. but yeah, this all stems from us having different connotations to promote/promotion

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