The Korea Music Label Industry Association (hereafter referred to as KMLIA) held a seminar titled "Seminar for the Advancement of the 2023 Popular Music Industry" on the 14th at Lounge M in Mapo-gu, Seoul.

The seminar primarily discussed the recent controversies surrounding the so-called "tampering" acts during exclusive contract disputes, especially in light of the ongoing FIFTY FIFTY case. The event aimed to shed light on the differences in positions between agencies and artists and to discuss potential improvements for the future.

Yoon Donghwan, the president of KMLIA who led the seminar, stated, "The recent tampering issues have been recurrent in the industry. The public's bias towards artists has often overshadowed the perspectives of the production companies. If previous incidents had been addressed, the current situation might not have arisen. We need to find tangible solutions for both upcoming production companies and artists."

A significant concern raised was the ease with which artists could halt the effects of their exclusive contracts and then sign with another company, all without a legal judgment. An anonymous producer commented, "An artist proceeded with a contract with another company while the main lawsuit hasn't concluded yet. It's frustrating that the company can't do anything in such situations."

In response, attorney Nam Sangcheol explained, "Just because the effects of an exclusive contract are halted doesn't mean it's appropriate to sign with another company. The decision to contract should be reconsidered, especially depending on the judgment of the contract termination."

The seminar also delved into the need to revise the standard exclusive contract, which was established 15 years ago. There were calls for amendments to the Promotion of Popular Culture and Arts Development Act to protect small and medium-sized agencies from tampering, especially in the indie scene. The discussion also touched upon the need for increased government support and various support programs and policies.

In conclusion, KMLIA President Yoon Donghwan emphasized, "Popular culture moves people's hearts, and the relationship between a company and an artist is built on mutual trust. While legal measures can't perfectly address all issues, the foundation of this industry should be trust. Only then can we truly resonate with the public."

Meanwhile, KMLIA continues to work diligently across various fronts to ensure the balanced growth of the Korean popular music market and to protect the rights of labels, indie musicians, and small-scale venues.

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