THE BLUE BOX // UNITED CUBE OFFICIAL THREAD

[mistressnicey]

[Hankyung] ‘Cube’ Park ChungMin, “Have 4minute & BEAST ever involved in a scandal?… We are a company with strong relationships† 

Posted on February 17, 2015by mrsdoob2uty

 

The aim to be Entertainment industry ‘Big 3’… Footsteps to China after listing on stock market.

 

‘What’s Your Name? What’s your mobile number? Do spend some time’

 

‘We are now like the pointers of 12:30, Going to places where we can never return’

 

‘I am Red with my bright lipsticks on. Aegyo with a bite is an art’

 

These were the top song lyrics for the past two years. Fans from Korea and foreign lands would easily follow and sing along to these lyrics. These are song lyrics from idol group 4minute and BEAST – idol groups who are the center of Hallyu wave.

 

 

The agency to 4minute, Beast and world star Rain, ‘Cube Entertainment’ is about to enter the stock market.

 

Cube will be joining SM Entertainment, YG Entertainment and JYP Entertainment – the Big 3 of the entertainment agencies after this listing effort on KOSDAQ.

 

On 13th February, we met up with Cube Entertainment’s representative director, Park ChungMin at its headquarters in Seoul CheongDamDong. “This flotation exercise will be a turning point for Cube Entertainment as we will stand aside the local ‘Big 3′ and make our attempts to be a global entertainment companyâ€, expressing the company’s aspirations.

 

Cube Entertainment is in the midst of preparations to merge with WooriSpac2, a ‘Special-purpose Acquisition Company’ (SPAC) [T/N: Companies that are established for the purpose of flotation/listing exercise] in April. The set date for the merger is on 30th March. Following the merger, Cube Entertainment will be listed on 9th April. They are the prestigious company that houses BEAST, 4minute, G.NA, Rain and many more.

 

 

â—†â€Investing in China and other geographical areasâ€

 

Representative Park explains, “The financing of about 14.2bil Won will be used to establish ourselves in the global market as well as to develop new artists. The amount to be received is a relatively conservative figure as compared to the worth of our growth based on our internal information.â€

 

He emphasized, although the scale of operations (of Cube Entertainment) is small, the value of artists in the company is potentially comparable with the Big 3.

 

He continued, “Till far, there have been strong requests from overseas to hold activities for 4minute, BEAST or BTOB. However, many of them were rejected due to practical problems†and, “We plan to expand our human resources and systems, so to enter into the Japan, South East Asia and China’s market.â€

 

Currently, Cube is practicing a ‘Regional Strategy’, whereby there are four main geographical areas, namely Korea, Japan, China and South East Asia.

 

In Japan, BEAST and BTOB are signed under local management companies. BEAST are under contract with Hakuhudo with a ‘minimum guaranteed fees’, while BTOB signed with Kiss Entertainment. After finalizing the contract with Kiss Entertainment, BTOB had completed their ‘major debut’ (a term used in Japan referring to the release of an album) in Japan.

 

Representative Park explained, “Both companies have stable management systems and possesses the experience in working with Hallyu Stars. In BEAST’s case, they are receiving almost the best treatment as a foreign artist.â€

 

Despite the infrequent activities in China up till now, starting from this year, Cube Entertainment plans to enter the market more aggressively.

 

Representative Park said, “We are more meticulous in advancing into the China market than any other competitors†and, “We are currently coordinating with 2~3 large-scale Chinese contents distribution companies and likely to finalize these decisions before the first half-year ends,†he revealed.

 

 

◆ Strong performance expected for this year… BEAST ‘World Tour’, Multinational Girl Group

 

The company expressed their anticipation for extraordinary performance this year due to their current investment in Japan as well as their new advancement in China. It was forecast that operating profit and net profit would be 5bil Won and 3.9bil Won respectively. Last year, Cube Entertainment recorded a revenue of 14.2bil Won, operating profit of 1.8bil Won and net profit of 1.3bil Won in their 3rd quarter.

 

Representative Park highlighted, “The performance for this year is measured based on assumptions that are fairly prudent. BEAST will once again organize World Tour (performance fees, of which are the highest income earner) which were not held for the last two years. In the first half-year, multinational female group (tentatively CLC) will be making their debut too.â€

 

As compared to other competitors, the strength of Cube Entertainment, according to Representative Park, is the humane management it uniquely owns.

 

He responded, “4minute or BEAST have entered into their 7th year, and not even once they were involved in drugs, drink-driving or any society problems†and, “Every quarter of the year, we would have 1~2 meetings, in a conference manner, with our artists and their parents. This is set up as a means of constant communication with them.â€

 

Other than artists that have made their debut, trainees of about 20~30 of them are actively receiving psychological consultation, sex education and other long-term self-management, not just the usual singing or dancing lessons.

 

Another strength is that key artists are more flexible in terms of contracts. Most of the contracts with key artists end around 2016, which is just a span of one to two years.

 

Representative Park expressed, “Usually, negotiation for a renewal of contract starts 6 months before and after the contract expires. This helps to reduce any problems during the negotiations†and, “The renewal of contracts are usually based on a trust relationship between the management and the artists, so there was never a contract problemâ€.

 

Towards their medium and long-term goals, Representative Park said, “We aim to be a humane management system and supply even more good contents through enhanced production abilities in terms of music and videos†and, “We target to leap even further to position ourselves in the global market as we enter into the Chinese market this year.â€

 

Cube Entertainment will be merging with WooriSpac2. The general meeting with shareholders will progress on coming 26th February and the set date for the merger is on 30th March, while listing date to be on 9th April.

 

After the merger, a total of authorised 25,073,767 shares will be issued which will give rise to 2.5bil Won of capital. The market capitalisation for the company is about 57.7bil Won. [T/N: Market capitalisation basically means the worth/value of the company] Currently, major contents provider IHQ owns 50.01% of Cube Entertainment.

—

Please take out with full credits

Trans: loveindacube.wordpress.com

Source: Hankyung

Edited February 17, 2015 by Mistressnicey_B2uty

[Chakras]

^ I hope it is actually a World Tour this time.

[kuroswan]

Idols working over the Lunar New Year holiday Article: What are idol stars doing over the Lunar holidays? 'working overseas, practicing, on break'.

 

Tuesday, February 17, 2015 

 

 

1. [+1,516, -46] They must miss their parents so much

2. [+1,404, -60] I feel bad for the ones who don't get a break even over the Lunar New Year... at least they're getting paid

3. [+1,142, -38] Starting from their trainee days to debut and having to live in dorms, I'm sure they haven't gotten to see their parents as often... They must miss their families over the holidays. Well, they have to work hard while opportunities come, especially for rookies. At least SNSD is on break..

4. [+836, -130] I'm honestly jealous of celebrities... making money doing what they want. I don't think they hate their jobs.

5. [+119, -9] Cube line never gets a break... B2ST, BtoB, 4minute, A Pink are all working.

6. [+106, -8] If I could make as much as an idol, I'd give up all my holiday breaks. I'd rather work hard and make tons of money at a young age and spend my older age acting and living a comfortable life. Idols make tons of money too, didn't Luhan leave because he didn't think 500 million won was enough?

7. [+84, -3] Ugh, I'd rather be like the celebrities and work over break, I hate visiting family ã… ã… 

8. [+88, -20] Times like this shows that SM isn't only about the money. They're letting all of their artists rest except for Amber and Jonghyun. - 

 

Source: OSEN via Naver

[kuroswan]

Rain to appear in his first ever Chinese TV Drama, 'Love is like Diamonds'

 

 

DMG Entertainment recently announced that Rain will be making his first ever Chinese TV debut with the drama 'Love is like Diamonds' along with A-list Chinese and korean stars, including Tang Yan, Luo Jin, and Di Li Re Ba. 

 

The drama, already in its filming stages in Shanghai and Korea, is listed as one of the most anticipated dramas of 2015 as it gained a strong following through various Chinese social media platforms. 

 

DMG Entertainment President Wu Bing expressed her excitement to be able to work with Rain. She said at the press conference, "We are excited to be working with international star, Rain, on his first Chinese TV Drama. I am also personally thrilled to be working with him." 

 

 

Meanwhile, Rain will be playing the role of a manipulative business executive. He'll be breaking away from his usual 'good-guy' image the star has sculpted through popular Korean dramas, such as 'My Lovely Girl' and 'Full House'.

 

 

 

 

cr:AKP

[kuroswan]

Rain to receive $5.5 million to star in Chinese drama, 'Diamond Lover'

 

Singer and actor Rain is set to star in the Chinese drama 'Diamond Lover,' and he will be receiving the A-list treatment for his top status as a Hallyu star. 

 

According to a representative of the drama, Rain will receive a guarantee of 6 billion KRW (around $5.5 million USD) due to his status in terms of star quality in China and his popularity. 

 

For the drama, Rain will be taking on the role of So Ryang, the CEO of the world's greatest diamond company who is also known for his cold demeanor and for his perfectionist personality. The starring female role will be played by Chinese actress Tiffany Tang (Tang Yan).

 

Meanwhile, 'Diamond Lover,' is set to begin filming in December in various locations including China, Belgium, and Seoul. 

 

cr:AKP

[kuroswan]

 

G.NA Enjoys a Date with French Model for “A Week of Romanceâ€

 

 

 

 

 

 

Singer G.NA became part of an eye-candy couple overseas.

 

On the February 13, MBC Every1‘s â€œA Week of Romance†revealed sweet stills of G.NA and French model, Maxim.

 

Maxim had been revealed previously through a teaser video, and his looks were good enough to charm G.NA.

 

Maxim stands tall at 185 cm, and has perfect skin, a chiseled face and natural blond hair, as well as an excellent fashion sense.

 

Behind his looks though, he also has the smarts; he is currently pursuing a masters in political science while he continues to model. Plus, he speaks four languages fluently including English and French.

 

G.NA was not only impressed with Maxim’s looks, but also with his multi-lingual skills.

 

The first episode of the second season of “A Week of Romance†airs on February 27 at 11 p.m. KST.

 

 

 

 

 

 

cr:Soompi

[kuroswan]

'Hitmaker's first project girl group G.NA, Lizzy, Sohyun, and Youngji reveal MV teaser!

 

'Hitmaker's first project girl group Chamsonyuh, comprised of G.NA, After School'sLizzy, 4minute's Sohyun, and KARA's Youngji, have revealed their first music video teaser!
 

 

After their success with the idol group unit Big Byung, Jung Hyung Don andDefconn put together their next unit for their MBC reality show 'Hitmaker'. Chamsonyuh, who will be featured for the rest of season, are taking on the song "This Year's Orders" first.

 

Check out the MV teaser above, while you wait for the full MV to be aired on February 20 at 6PM KST!

 

cr:AKP

Edited February 17, 2015 by kuroswan

[mistressnicey]

oh wow that Gna news. Is that a show she will be on? Well, they won't have any problems communicating since Gna can speak english, korean and french right? that's cool.

[speirbhean]

oh wow that Gna news. Is that a show she will be on? Well, they won't have any problems communicating since Gna can speak english, korean and french right? that's cool.

G.Na can speak french? 

[kuroswan]

oh wow that Gna news. Is that a show she will be on? Well, they won't have any problems communicating since Gna can speak english, korean and french right? that's cool.

I know that she can speak english not sure about french but I have seen on her instagram that she knows some words.

She's been on a lot of variety shows lately I am happy!

[kuroswan]

I think she's going to be on another show she post this on her insta.

 

Mbc everyone "로맨스ì˜ì¼ì£¼ì¼ 시즌2 ì˜ ê·¸ë…€ë“¤!! 지나&ì˜ˆì§€ì› ì–¸ë‹ˆâ™¡ http://youtu.be/ZUPbqLVv1uE  please show lots of love! Already missin Paris♡ ì²´í¬ìž‡ì•—! Coming SOON♡

 

[mistressnicey]

G.Na can speak french? 

 

I'm not sure now but isn't she from Canada and I heard French is quite widely used there too. Didn't she release that english album titled "oui". I'm not sure if she is THAT fluent but she probably knows basic french? idk...

[speirbhean]

I'm not sure now but isn't she from Canada and I heard French is quite widely used there too. Didn't she release that english album titled "oui". I'm not sure if she is THAT fluent but she probably knows basic french? idk...

 

Oh, I see. 

 

G.Na has so many shows.  

Edited February 17, 2015 by speirbhean

[lovelyday]

She is a hidden gem and needs a really good song!I am glad she is more involved in varietys shows.

 

 

I want a new United Cube photo when CLC debuts. I support 4Beast

[Chakras]

I'm not sure now but isn't she from Canada and I heard French is quite widely used there too. Didn't she release that english album titled "oui". I'm not sure if she is THAT fluent but she probably knows basic french? idk...

G.NA is from the "English" Canada (Vancouver), not Québec. I think she knows some French words, I've never seen her speak in French though.

And. I'm upset. It's like the 2nd time (I think) she comes to France and I didn't know about it !

Glad to see her on variety shows, she's super fun.

[Camila Cabello]

I'm not sure now but isn't she from Canada and I heard French is quite widely used there too. Didn't she release that english album titled "oui". I'm not sure if she is THAT fluent but she probably knows basic french? idk...

In Canada

If u go to public schools

Its mandatory to take french from grade 4-9

There are french immersion programs and u can continue going more into french grade 10 and onwards

 

So I'm not sure she knows French THAT well....

Probably simple stuff not instant translation and speaking

[mistressnicey]

In Canada

If u go to public schools

Its mandatory to take french from grade 4-9

There are french immersion programs and u can continue going more into french grade 10 and onwards

 

So I'm not sure she knows French THAT well....

Probably simple stuff not instant translation and speaking

 

Oh I see. I didn't know that. You learn something new everyday. 

I guess she probably knows a few basic words or phrases but if she stopped after it being mandatory then she probably forgot a bulk of it lol

[Byakugan]

I really want them to include Achbe into united cube tbh. Its ridiculous that sometimes they are included but sometimes not.

[mistressnicey]

Maybe in the near future Cube will take in Acube once they are listed?

 

I'm not really sure but I vaguely remember coming across something about JYP having 2 agencies, one listed while the other isn't? I'm not sure if they merged or transferred those that weren't under the listed company to the listed one... ughh I'm sorry my memory isn't too good since I don't follow JYP. I just thought that maybe Cube will somehow do something like that... hmmm...

[Byakugan]

Maybe in the near future Cube will take in Acube once they are listed?

 

I'm not really sure but I vaguely remember coming across something about JYP having 2 agencies, one listed while the other isn't? I'm not sure if they merged or transferred those that weren't under the listed company to the listed one... ughh I'm sorry my memory isn't too good since I don't follow JYP. I just thought that maybe Cube will somehow do something like that... hmmm...

They already merged not sure when but sometime last year. Isnt Acube ran by someone else but Hong CEO helped invest into the company? They can still merge and convert the CEO into another shareholder tho

[mistressnicey]

They already merged not sure when but sometime last year. Isnt Acube ran by someone else but Hong CEO helped invest into the company? They can still merge and convert the CEO into another shareholder tho

 

Oh, so they did really merge then. Good to know I still know a few things in kpop outside my bias groups and Cube lmao

 

I don't really know the story about Cube and Acube. I do know that it's managed by a different CEO and Hong has some shares in it although I always assumed that he had the majority shares in it but I'm not sure.

 

That is certainly a possibility although I can already see fans not liking the idea especially pandas but if it ever happens it's still probably going to be a few yrs down the road seeing how getting listed almost took 2 yrs coz they 1st mentioned about their intentions around 2013 right...

[Byakugan]

The question is, is it Hong CEO or Cube thats has a share in Acube. Because if its Cube that Acube assets and activites will be in Cub's report as well

[mistressnicey]

Yeah idk either if it's under "Cube" or those are just personal stocks under Hong's name...

[speirbhean]

There's a rumor that Acube will be debuting a boy group. So no possible merging? O.o 

[kuroswan]

Alright guys Crazy is finally on Itunes !!

 

4minuteã€6thミニアルãƒãƒ ã€ŒCrazyã€iTunesã§é…信開始 https://itunes.apple.com/jp/album/crazy-ep/id968024669?uo=4&at=10lvdm â€¦

 

cr:@kor_celebrities