Park Jung Min to stop his contract with his agency CNR?

This news really shocked a lot of fans. We were not aware that he's encountering this type of issue with his agency. I thought, with the drama going well, he was earning a lot. But it turns out that he was having issues with agency in particular when it comes to profits. :( 정민아, 괜찮아? 걱정마, we are here to support you.

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Park Jung Min, lawsuit fight with agency, "Worked and worked, yet the profits were..."

CNR Media was the agency which signed on with Park Jung Min for his solo activities ever since he parted ways with the agency SS501 worked in - DSP Media last in 2010.

 It is a corporate agency whereby its management CEO is someone proficient in the Mandarin business circle (entertainment circle).

The reason for this injunction filed is because of the inappropriate calculation undertaken for profits that should have been received.

Park Jung Min's stand/claim is that, apart from receiving 1.05 billion won from last year (not exactly only for last year's valid amount), there was no other appropriate amount of profits distributed.

Even recently, Park Jung Min has had made his way across Taiwan and Japan as an actor. Like last year-end (2011 December 21,22), he had held 2 shows in Tokyo on 21st Dec, and also another 2 shows in Osaka on 22nd Dec for Christmas 2011.

As the emotional conflicts with his agency escalates, right now, Park Jung Min is already in a departed status as of 'emotionally'. Though however as according to paper proof, there is still some remaining period left as was in the contract. So because of that, he may not be able to work with other agencies. (probably only until the injunction is approved)

News source URL link: Sports Seoul, http://news.nate.com/view/20120412n28510/

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Park Jung Min has said that he and his agency initially agreed on it this way, "Domestic (Korea) profits will be 8:2 (Jungmin 8, Agency 2); whereas overseas profits would be 5:5 (Jungmin 5, Agency 5)."

 He also disclosed, "Apart from the 1.05 billion won they paid last year, other than that, they did not been appropriately paying the necessary amount". All this while, he had been demanding the agency to fulfil their promise as was initially agreed on, though to no avail.

 In an interview with STARin recently, he has said, "I've already started doing activities on my own since March 2012", "I look forward to a harmonious settlement".

"Though I been constantly claimly the necessary profits from them, they either keep giving excuses that they omitted accidentally, or that they say I'm overcharging them than should be", "and so I went to plead for injunction", as he added.

News link collated from: Star Today Korea, Money Today Korea, TV Report, StarIN, etc

credits: ss501ode.blogspot.com