Music

The Givers Reach a Cliff, Will They Finally Cut Ties With Fifty Fifty?

Jul 17, 2023 | by Nobelle Borines

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The Givers have expressed their desire to withdraw from the conflict between Fifty Fifty and Attraction. It looks like they are trying to cut all ties with Fifty Fifty.

On the afternoon of July 17 (Korean Time), The Givers released an official statement to reveal the truth about the suspension of the MV project for Barbie's OST "Barbie Dreams." Prior to this, The Givers stated, "We sincerely hope that the current conflict between our agency Attraction and Fifty Fifty will be resolved as soon as possible, and we ask that you no longer link The Givers to the conflict between the two parties. We will legally clarify any false facts and distorted truths that are being mentioned, and we will make our position clear."

The Givers claimed, "Recently, Attraction CEO Hong-jun Jeon claimed that CEO Sung-il Ahn unilaterally conducted and canceled the MV project for Barbie's OST 'Barbie Dreams' without his approval, but this is not true." They argued that CEO Jeon forced CEO Ahn to give false explanations to the related companies and then shifted the responsibility to him.

In addition, The Givers urged, "We ask that Attraction and CEO Jeon refrain from actions that harm The Givers, employees, and all related parties by shifting responsibility to the outside and making speculations away from the essence of the problem." In other words, they have clearly set their position that they are not related to the conflict between Fifty Fifty and Attraction.

The Givers CEO Sung-il Ahn was pushed to the brink on the same day by the allegations that were reported earlier. The allegations were that he forged the signatures of three Swedish music school students who were the original composers of "Cupid." Dispatch revealed the "branch change confirmation certificate" that Ahn submitted to the Copyright Association and reported, "Ahn submitted a share change certificate in which he transferred 74.5% of the shares of three Swedish composers to himself and the company in March. This increased his share of 'Cupid' to 95.5%. As a result, the shares of the Swedish composers were reduced to 0%, and the songwriting share of member Kina was reduced from 6.5% to 0.5%."

The Givers must consult with Attraction in advance when they do work related to Fifty Fifty. The fact that they did not consult with Attraction in this case could be a violation of the contract. In addition, there are allegations that Ahn filled out the signature section of the Swedish composers with fake signatures in the process of transferring the copyright and submitted it to the association. This adds to the shock.

The Givers occupy the largest position between Fifty Fifty and Attraction. Therefore, The Givers' statement that "we ask that you no longer link The Givers to the conflict between the two parties" is a contradiction. It is unclear whether The Givers, who have reached a cliff in the midst of various allegations and revelations, have finally decided to cut ties with Fifty Fifty. The future direction of The Givers is attracting attention.