[NEWS] 130214 JYJ Looking to Sign a New Contract with a New Record Label in Japan

JYJ is currently out looking for a new partner in Japan to support its promotions in the country.

According to many media outlets in Japan, following its triumph in a long and winding legal case against its Japanese agency Avex in January, JYJ has received many love calls from pretigious local record labels.

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One outlet reported, “Despite the fact that K-Pop′s popularity is at its lowest in Japan, JYJ can still make profit with its strong fan base. The group can draw audiences with its live performances.”

A local official stated, “Large agencies have been sending offers, but we believe one agency is already a strong candidate.”

A rep from C-JeS Entertainment told enews, “It is true that following the winning of the suit, the group has been meeting actively with Japanese companies. It′s been holding many talks to look them over carefully and strike a deal with a trustworthy and stable partner.”

On January 18, the Tokyo District Court denied Avex the right to claim exclusive management rights over JYJ′s Japanese activities. It also ordered Avex to pay compensation of 660 million yen (approx. 7.8 billion won) to the group as well as 1 million yen (approx. 11 million won) to the C-JeS Ent. rep on defamation claims.

Source: Enews World
Shared by: JYJ3 + iMickyCassie

[NEWS] JYJ rumored to have been approached by various Japanese record labels

JYJ is rumored to return soon to Japan.

According to the Japanese media, after they were victorious in their lawsuit with Avex, the group had been approached by various large record labels in Japan.

One Japanese media outlet stated, “Even though K-pop’s popularity in Japan has decreased, JYJ  has a permanent fanbase that can make a profit.” Another reported, “Big companies are making offers, but one famous record label already seems to be a strong candidate.

There’s also rumors that JYJ has been talking to various Japanese labels, and are carefully looking over their offers.

In January, the Japanese court ruled that Avex cannot insist on JYJ’s sole management in Japan, and ordered the management company to pay JYJ’s agency C-JeS Entertainment 660 million Yen ($7.3 million USD). The court also acknowledged the fact that Avex has defamed C-JeS’s CEO, and as such, ruled that they also pay the CEO 1 million Yen ($11,000 USD).

Which label would you like to see JYJ sign with in Japan?

Source: Allkpop
Shared by: JYJ3 + iMickyCassie

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