Also a translation to the voice recording, which seems addtional to what was discussed in the article before:
Speakers: Yellow is Ahn Song-il. White is mostly Director Baek, except 08:06-10:39, where it's parents asking questions
00:00 They told me that if I work with the former CEO, I should just go to my mom, learn the skills, and work. [Music] Originally, the 담당 (person in charge) is Kim Hyun-jang. So, when I was working on the Star Max project, I also worked with Kim Hyun-jang. There are Kim Hyun-jang, Gwangjang, and Taepyeongyang. These are the strongest firms in our country.
00:29 So, what I discussed with Ray is, okay, if that's the case, we will file a request for a suspension of effectiveness at Gwangjang, and Kim Hyun-jang will handle the lawsuit for the exclusive contract. If we need to file a counter-suit, we will do it at Taepyeongyang. How frightening this is, considering it's a global company, this is possible. If this happens, the former CEO will not be able to intervene here. So, what is a suspension of effectiveness? Why might it be applied?
00:59 Even if a contract termination lawsuit is filed, these friends need to earn money and support themselves, so the suspension of effectiveness allows them to continue their activities until the lawsuit is over. This means they can be sent to the U.S. to work. They will apply this Friday, so once the application is submitted...
01:26 The kids will no longer stay at the dorm or the center and will move out or live somewhere else. They inquired about this, so the direction of how things will proceed and the specifics of the application will be discussed with the lawyers directly. We will discuss the direction and precautions we need to take with the lawyers and provide guidance. Ultimately, communication between the lawyers and the parties involved is crucial. We will explain various things about how things will unfold and what needs to be done for the kids, whether it’s the Givers or Warner. This will be an opportunity to discuss those aspects.
02:23 Okay, please let me know any questions the parents have. I will explain any parts that I can. First, let’s address what you asked. After the children’s application is processed, how will things proceed? The suspension of effectiveness lawsuit means that the effectiveness of the exclusive contract is suspended. This will probably cause a lot of noise.
02:51 What we consider important now is that the opinions of the four children must be very accurately aligned, and the parents’ opinions must also be clearly aligned. If this alignment is not achieved, our support will be very risky. I want you to understand this. My position and the Givers' position are different.
03:20 There is no benefit to us whether the kids move to another company or go to a better place. Our support is based on having watched the kids for 2 or 3 years, helping them grow, and providing good opportunities. We dislike the situation that creates such opportunities. I have been honest with the parents about my situation. Secondly, if the suspension of effectiveness is granted, the kids can do whatever they want. This means we have no authority to force or penalize them in any way.
04:14 Under the condition that the suspension of effectiveness is granted, what Wornar requested from me was to organize the scheme originally planned by the kids' representative. They might entrust us with forming a team to match that scheme. After the ruling, most exclusive contracts become void. The future schedules and preparation for the kids to return to being singers are all planned for two years, so you don't need to worry about that. I have been thinking about what is most needed now, and after discussing with the lawyers and the Wornar side, I believe the process is going smoothly.
05:13 There don’t seem to be any issues with the lawyers or the process. This is an unprecedented situation in the country, and it will be managed according to the global company's standards.
05:40 It would be good to secure name and trademark rights, but even if not secured, it needs to be checked. Registering the term "T" as a trademark is not easy. We are preparing both options. Usually, in such situations, companies consider withdrawing, but the opponent is likely to be very shocked. They will probably use all available methods, but since the lawsuit has already started, reconciliation with the company is impossible.
06:07 The kids themselves are very averse to it. They said that if they work with the former CEO, they will just go to their mom, learn skills, and work. They have no intention of continuing music. They are not attached to it.
06:35 We have hired a viral marketing company to handle public opinion. Since the current situation will be officially reported through press releases, there’s no issue domestically. Most actual fans or those who like this idol are active in communities.
07:05 There are companies that handle viral marketing for community content. They have completed the discussions and will handle the defense. If they handle it, it will be managed effectively. Internationally, everything is settled, and the international side will likely support the kids.
07:32 Wornar negotiated with the former CEO to bring the 1st and 2nd albums for 25 billion won. They agreed to cover the Interpark debt in exchange for the rights to the 1st and 2nd albums. It’s an exceptional deal. Initially, Wornar gave 6 billion won directly to Interpark. Interpark’s debt was then transferred to Wornar, allowing them to manage the situation. The reason is that if Wornar’s rights are tied up, they can’t act.
08:01 They had a contract and saved all the money to ensure the rights were secured. You mentioned the supporting teams. We have specialized tasks, such as public relations and marketing, and we’re preparing those. The overseas process requires local teams to be assigned, and we will communicate with them continuously.
08:31 You asked about specific team members. There are marketing, digital marketing, and promotion staff. For overseas, there is no lifestyle care. If the accommodation is secured, a female manager will be assigned for lifestyle care.
08:59 The most important thing now is the kids' mental state and setting their goals. Initially, we will be tight on monitoring, including with the head of the department and two others.
09:28 We will definitely install CCTV. It’s necessary. It’s not about whether it’s done or not; it has to be done. The lawsuits will probably not last until August or September. The longest I have seen is a month and a half, so it won’t be that long.
09:57 The focus will be on halting the lawsuit and preparing for the follow-up. The promotional role at Wornar will be handled according to the agreed plan. Once everything is clear, we will gather and finalize details, such as accommodation, language studies, etc.
10:25 It’s difficult to specify exactly when, but we aim to have the kids return as soon as possible. We will quickly finalize arrangements with Wornar. If you have any additional questions, let me know.
10:53 You asked for the original documents to be mailed. Since everything is in order, it’s okay to have one person hold the originals or have scanned copies. Afterward, we will discuss trademark rights and other details.
Source:
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