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Slave Contract
A slave contract () refers to an unfair, long-term contract between Korean entertainers and their management agencies. Conditions Aspiring K-pop idols, known as "trainees," sign contracts with management agencies when the trainee is as young as 12 or 13 years old. It may take ten years for an agency to groom the trainee and for them to debut on stage, according to the former head of the Korea Entertainment Law Society. Both trainees and K-pop idols who have debuted typically live in dormitories, where their management agencies control their diets, their love lives, and their behavior. Under most contracts, trainees and K-pop idols are required to pay back their management agencies for the cost of singing and dancing lessons, their wardrobes and living costs, among other things. As a result, K-pop idols may not make large profits. Many K-pop groups often take years to break even, and thus do not receive their share of any profits made from their songs until their trainee debt is p ...
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SM Entertainment
SM Entertainment Co., Ltd. () is a South Korean multinational entertainment agency established in 1995 by Lee Soo-man. It is one of South Korea's largest entertainment companies and has been responsible for fostering and popularizing the careers of many K-pop stars garnering huge global fanbases. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. SM Entertainment is known for having led the worldwide K-pop phenomenon and the musical side of " Hallyu", also known as the " Korean Wave", with early overseas successes such as H.O.T., S.E.S., and BoA. The label currently represents K-pop artists such as Kangta, BoA, TVXQ, Super Junior, Girls' Generation, Shinee, Exo, Red Velvet, NCT, Aespa, Riize, Lucas, Naevis, and Hearts2Hearts. History 1989–2000: Creation and first-generation artists After graduating from California State University, Northridge in the U ...
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FNC Entertainment
FNC Entertainment (; stands for "fish and cake") is a South Korean entertainment company established in 2006 by South Korean singer and record producer Han Seong-ho. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. Since January 2012, the company has been based in its offices in Cheongdam-dong. The name is based on the miracle of feeding the multitude using only five loaves and the two fish. This is because Han Seong-ho is a devout Christian and he uses the name to hope for more miracles to happen for the company. The label is home to musical artists such as rock bands F.T. Island, CNBLUE, and N.Flying, and K-pop groups SF9, P1Harmony, and Ampers&One. It also manages a number of entertainers, including Lee Guk-joo and Moon Se-yoon, and a number of actors, including Jung Hae-in, Lee Dong-gun, Sung Hyuk, and Rowoon. Artists Recording artists Soloists ...
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DSP Media
DSP Media () is a South Korean entertainment company established in 1991 by Lee Ho-yeon. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. In January 2022, the company was acquired by RBW. Current artists include: KARD, Young Posse, Baby Blue, Lee Jin-jae and Ahn Ye-eun as well as actors and actresses including: Kim Min, Lee Joong-ok, Lee Ji-hyun, Lee Hyung-hoon, Oh Hye-won, Lee Seo-young, Chung Ye-jin, Yoon Jung-hoon, Kim Chae-won, Ahn Seo-hyun, Seong Tae, Ju Hyun, Han Jei, Hwang Kyung-ha and Kang Dae-hyun. History 1991–2009: Formation and early success Daesung Enterprise was founded in September 1991 by Lee Ho Yeon to provide entertainment to the public. One of their first Korean music groups was SoBangCha (). The group was a hit and is still loved by the older Koreans. In the late 1990s, Daesung Enterprise saw significant success, and with the success of grou ...
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Fair Trade Commission (South Korea)
The Korea Fair Trade Commission (KFTC) is South Korea's regulatory authority for economic competition. It was established in 1981 within the Economic Planning Board. The establishing law was the Monopoly Regulation and Fair Trade Act (MRFTA), Law No. 3320, December 31, 1980. In 1994, the Fair Trade Commission and its secretariat were separated from the Economic Planning Board as an independent vice ministerial-level, central administrative organization. In 1996, the status of the KFTC Chairman was elevated from vice-ministerial to ministerial level. Organization The original KFTC had five commissioners from 1981 to 1990. This was increased to seven commissioners from 1990 to 1997. Since 1997 the KFTC has had nine commissioners, which includes a Chairman who serves for fixed three years, a Vice-Chairman, and three other standing commissioners. There are four non-standing commissioners. Their terms can only be renewed for once. The KFTC is supported in its work by a secretariat. ...
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Heterosexuality
Heterosexuality is romantic attraction, sexual attraction, or Human sexual activity, sexual behavior between people of the opposite sex or gender. As a sexual orientation, heterosexuality is "an enduring pattern of emotional, romantic, and/or sexual attractions" to people of the opposite sex. It "also refers to a person's sense of identity based on those attractions, related behaviors, and membership in a community of others who share those attractions." Someone who is heterosexual is commonly referred to as ''straight.'' Along with bisexuality and homosexuality, heterosexuality is one of the three main categories of sexual orientation within the heterosexual–homosexual continuum. Across cultures, most people are heterosexual, and heterosexual activity is by far the most common type of sexual activity. Heterosexuality has mostly been viewed as the Social norm, normative and most socially dominant form of sexual orientation. Scientists do not know the exact cause of sexual o ...
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Korean Idol
An idol () is a type of entertainer who works in the field of Korean popular music (K-pop), either as a member of a group or as a solo act. They typically work for an entertainment agency that operates a highly managed star system that idols are produced by and debut under. Idols undergo extensive training in dance, vocal performance, and foreign language, and tend to represent a hybridized convergence of visuals, music, and fashion. Idols maintain a carefully curated public image and social media presence, and dedicate significant time and resources to building relationships with fans through concerts and meetups. History Trainee system Inspired by the heyday of MTV in the United States, Lee Soo-man, the founder of SM Entertainment set his sights on laying the foundation for the modern Korean pop music industry. He witnessed New Kids on the Block become very popular in Korea in the 1990s. In addition, he popularized the trainee business model from the Japanese idol indu ...
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Cube Entertainment
Cube Entertainment Inc. () is a South Korean entertainment company. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. Cube are known for having "self-composing and self-producing" idols. In April 2020, the founder of Cube, Hong Seung-sung, resigned from the company due to an ownership dispute. The label currently manages several artists, namely Kwon Eun-bin, Pentagon (South Korean band), Pentagon, Yoo Seon-ho, I-dle, Lightsum, and Nowadays (group), Nowadays. It also manages several entertainers and actors, including Heo Kyung-hwan, Park Mi-sun, Kim Jin-woo (actor), Kim Jin-woo, and Park Sun-young (actress), Park Sun-young. It was formerly home to K-pop artists such as 4Minute, Highlight (band), Beast, G.NA, Roh Ji-hoon, Hyuna, Rain (entertainer), Rain, Dawn (rapper), E'Dawn, A Train To Autumn, Lai Kuan-lin, Jang Hyun-seung, Elkie Chong, Elkie, Sorn (singer), Sorn, Choi Yu-j ...
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Boy Band
A boy band is a vocal group consisting of young male singers, usually in their Teenage, teenage years or in their twenties at the time of formation. Generally, boy bands perform love songs marketed towards girls and young women. Many boy bands dance as well as sing, usually giving highly choreographed performances. List of South Korean idol groups, South Korean boy bands usually also have designated rappers. Most boy band members do not play musical instruments, either in recording sessions or on stage. They are similar in concept to their counterparts known as girl groups. Some boy bands are formed on their own, but most are created by talent managers or record producers who hold auditions. The popularity of boy bands has peaked three times: first in the 1960s to '70s, with e.g. the Jackson 5 and the Osmonds; the second time during the late 1980s, the 1990s and the 2000s, when acts such as New Kids on the Block, Take That, Backstreet Boys, Boyzone, NSYNC, Five (group), Five, W ...
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TVXQ
TVXQ (stylized as TVXQ!; , ), known as Tohoshinki in Japan, is a South Korean pop duo formed by SM Entertainment, composed of U-Know Yunho and Max Changmin. Originally a five-member boy band which also consisted of members Kim Jae-joong, Hero Jaejoong, Park Yoo-chun, Micky Yoochun, and Kim Jun-su, Xiah Junsu, TVXQ were immediately launched to mainstream recognition following the release of their first CD single, single "Hug (song), Hug" (2004). Their first four albums as a quintet, ''Tri-Angle'' (2004), ''Rising Sun (TVXQ album), Rising Sun'' (2005), ''"O"-Jung.Ban.Hap.'' (2006), and ''Mirotic'' (2008), received chart-topping commercial success in South Korea, with the latter winning the Golden Disk Awards, Golden Disk Award for Album of the Year. ''Mirotic'' contained the hit single "Mirotic (song), Mirotic" (2008), touted by international music critics as a staple song of K-pop. TVXQ were one of the first Korean artists to lead the Korean Wave in Japan, where they were propell ...
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K-pop
K-pop (; an abbreviation of "Korean popular music") is a form of popular music originating in South Korea. It emerged in the 1990s as a form of youth subculture, with Korean musicians taking influence from Western Electronic dance music, dance music, hip-hop, Contemporary R&B, R&B and Rock music, rock. Today, K-pop commonly refers to the musical output of teen idol acts, chiefly girl groups and boy bands, who emphasize Visual communication, visual appeal and Performing arts, performance. As a Pop music, pop genre, K-pop is characterized by its Melody, melodic quality and cultural hybridity. K-pop can trace its origins to "rap dance", a fusion of hip-hop, techno and rock popularized by the group Seo Taiji and Boys, whose experimentation helped to modernize South Korea's contemporary music scene in the early 1990s. Their popularity with teenagers incentivized the music industry to focus on this demographic, with Lee Soo-man of SM Entertainment developing the Korean idol system i ...
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Entertainment Law
Entertainment law, also known as media law, encompasses legal services provided to the entertainment industry. These services often overlap with intellectual property law, which includes key components such as trademarks, copyright, and the right of publicity. However, the practice of entertainment law frequently extends into other legal areas including employment law, contract law, torts, labor law, bankruptcy law, immigration, securities law, security interests, agency, right of privacy, defamation, advertising, criminal law, tax law, International law (especially private international law), and insurance law. Much of the work of an entertainment law practice is transaction based, i.e., drafting contracts, negotiation and mediation. Some situations may lead to litigation or arbitration. Overview Entertainment law covers an area of law that involves media of all different types (e.g. TV, film, music, publishing, advertising, Internet & news media, etc.) and stretche ...
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