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Some interesting facts about idol contracts


blue7kaoru

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I saw this so i decided to share it since i thought it was pretty informative and interesting.

 

 

 

There are 1236 idols and trainees who have signed on to a contract: 
- slightly over 40% signs onto "slave" contract 5 years or longer 
- by age 
over 20: 853 
16-19: 231 
13-15: 83 
10-12: 23 
below 12: 9 
- average contract length is 3 years and 5 months 
- average cost per idol per month is   1,470,000â‚©(~$1,300USD  )

 

Contract lengths from the big 6 companies: 
SM: 7 years 
YG: 5 years 
JYP: 7 years 
FNC: 7 years 
Cube: 7 years 
DSP: 5 years

 

P.S : The first part are informations from the video but this second part abt the contracts lenght is mainly speculations but it seems kinda legit.

 

cr.

 

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SM: 7 years

 

It was 10 years for EXO.

 

tumblr_nyy7v8P6wI1r9f1l9o1_400.gif

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Technically any foreign promotions can add on 3 years either before even signing the contract or during the contract term (toward the end). So most of SM's groups are 10 years. this is why there's never any media about it other than Korean fan talk.

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I mean you can't exactly call the 5+ year contracts 'slave' contracts since it was agreed upon that 7 was the limit meant to be held by the courts.

 

You can question ethical necessity of it, but that's something else entirely.

Lol i know i'm not the one who did the translation :D
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YG 5 years? Don't know about the new gen groups, but Bigbang's contract was 9 years, and 2NE1's contract was 7 years.

.

It can't be nine years. Maybe for GD and Taeyang at one point because they started way earlier than the others. But definitely not the others as they renewed their contract in Aprill 2011 and again 2015.

 

At most it was 7 years

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It can't be nine years. Maybe for GD and Taeyang at one point because they started way earlier than the others. But definitely not the others as they renewed their contract in Aprill 2011 and again 2015.

At most it was 7 years

I just looked it up. You are right. BB's first contract renewal was in 2011.

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Well, even though now SM's contract length is a bit down to 10 years, the company can afford it.

 

Trainees become trainees facing two options: get signed for this 10-year contract or leave the company (become a back dancer etc.)

And with SM, a band is more or less guaranteed to last a while.

 

So those young people still compete for those "slave" contracts. 

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The numbers themselves aren't shocking for contract lengths if you ignore the extra clauses like overseas promotion that can add extra years. But I think the issue becomes more the age of some of these idols that are signing away the prime years of their youth. 

 

7 years for jyp  :omg: this family needs to treat their members better  :unimpressed:

I'm cackling.

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Contract length to me isn't an issue (if it's clear and these idols sign and agree to it). It's more the high/impossible termination fees that are the problem. With JYP, even though it's 7 years - if you look at Sunmi, HyunA -  the company will terminate the contract if someone doesn't want to be there anymore or their health is genuinely effected. There's room for that discussion. But companies like SM who are so strict in that the contract is binding (whether your fainting every 5 minutes or not) seem like miserable places to work for. If you look at vacation days - ShineE have never got a full week vacation in the 8 years they've been under SM. Only Jonghyun earned the 'right to discuss' vacation days 5 years into his career and that has yet to have any meaning. I think the 'right to discuss' anything should be made available straight from debut. I think communication is important between a company and it's employees.

 

But there's more to a contract than it's length. It's all the other terms either written or expressly stated in creating it. But I don't think it's really any of our concern. At the end of the day - these idols (or their parents) voluntarily sign them. The basic rule with contract law - is that you should know what it is you are getting yourself into.

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