3

0

General

Fantagio officially loses Korea Entertainment Management Association (KEMA) membership

AKP STAFF
Posted by Susan-Han Friday, May 25, 2018
misc.
Fantagio has officially been declared unqualified to maintain its membership within the Korea Entertainment Management Association (KEMA), according to reports on May 25. 

The KEMA's notice regarding Fantagio's loss of membership was sent out to Fantagio on May 25. Reportedly, KEMA "asked for verification of Fantagio's ability to legally operate a Korean entertainment management over the course of 3 instances." Afterward, Fantagio responded to the KEMA by admitting that requests to meet KEMA's requirements have not been met, as of yet. 

The KEMA continued, "As we have confirmed Fantagio's self-awareness of the label violating KEMA laws regarding Korean entertainment management, the KEMA has decided to enforce administrative measures. We notify that as of May 23, Fantagio is publicly recognized as a label violating KEMA laws." 

However, if Fantagio takes the necessary steps to meet the KEMA's requirements and is able to provide evidence of changes in the required fields, KEMA officials will reevaluate Fantagio's eligibility to re-join the association, KEMA reps said. 

Meanwhile, Fantagio recently also revealed a potential candidate for its next registered president. Fantagio has called on president Park Hae Sun as a candidate in order to meet KEMA requirements, and the shareholders' meeting to instate or refuse Park Hae Sun as the label's new head is set to take place on June 18. 

Stay tuned for updates. 
  1. misc.
0 48,453 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
misc.
Goo Hye Sun, Han Ye Seul, Kim Hyun Joong, Lee Da Hae, Lee Tae Im, Seo Woo, Won Bin
misc.
Buzz
Seventeen, Jeonghan (Junghan), Woozi, Wonwoo, Hoshi
Sung Si Kyung
MONSTA X
Yoo Seung Joon
VIXX, Ken
J.Y. Park, Stray Kids
BTS, CORTIS
Min Hee Jin, NewJeans
Yoo Seung Joon
Kim Woo Bin
NMIXX
New Message

SEND