06 July, 2010

[Trans] 100706 SM CEO Kim Young Min States, “We Will Become The Forerunners In Solving Contract Issues”



Kim Young Min, CEO of SM Entertainment, stated, “It’s unfortunate that because of a certain chain of events and several reports, the relationship between agencies and celebrities is becoming distorted,” and “We will become the forerunners in solving contract issues.”
CEO Kim stated this when he attended the ‘Proclamation Ceremony for the Establishment of a Developing Contract Relationship in the Entertainment Industry’ that was held on the 6th.
CEO Kim stated, “All entertainment agencies will have celebrities who rise to fame or die out. All of them tried to make their dreams come true and it was and is the entertainment agency who provides the celebrities an environment to do so.”
He continued to say, “We are stuck in a frame that forces us to choose between personal interests and business, human rights and the economy,” and “In order to achieve a dream, a promise is made between agencies and celebrities in the form of a contract. We should not have to choose between personal rights and business. We are participating in this project in order to find ways to help the Hallyu Wave, and create an economy that protects the rights of celebrities as much as possible.

Source: [edaily SPN]
Translation credits: jeeelim5@tohosomnia.net
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