Sung Si Kyung’s agency under fire for operating illegally
Singer Sung Si Kyung is facing controversy as it was revealed that his agency, SK Jaewon, has been operating without proper registration since its establishment in 2011.
The issue surfaced when it was confirmed that the agency has not registered as a popular culture and arts planning business, a requirement under the Popular Culture and Arts Industry Development Act for companies with multiple employees. Failure to comply can lead to criminal penalties.
Sung Si Kyung left Jellyfish Entertainment to join SK Jaewon, which his sister leads. While the law went into effect in 2014, the agency remains unregistered to date.
An agency representative stated,
“The registration process is not complicated. It seems like many agencies are delaying registration these days.”
In response, SK Jaewon claimed,
“When the agency was established in 2011, the relevant law did not exist. Since then, we have not received any official registration documents. We are now aware of this and have inquired about registering as a popular culture and arts planning business.”
Netizens are divided over the situation, with mixed reactions flooding social media:
- “He might not have known if the law came about after establishing the company.”
- “How doesn’t he know things like this when he acts all smart?”
- “It’s understandable to know if the law wasn’t set in place when he first started…I’ve seen this happen a lot.”
- “It’s not like he’s been in the industry for a few years…how can he not know this? All the insiders should know…”
- “There’s no way he didn’t know…”
- “But I heard there are no real benefits from registering this…”
- “He might not have known, but for that long?”
The situation is gaining traction as fans and industry insiders continue to monitor the fallout.