The model violated the contract.
SM Leisure and clothes model Teddy Island beforehand had a disagreement that was publicized by means of their social medias. NCT Dream was underneath a contract for endorsement with the model. On October 13, 2023, Teddy Island had arrange a pre-order occasion with fan advantages. Per week afterward October 18, SM Leisure responded by claiming that they’d by no means agreed to such an occasion with the model. Teddy Island countered that the corporate had agreed beforehand.
Netizens React To Public Disagreement Between SM Leisure And Clothes Model TEDDY ISLAND
On October 30, 2023, SM Leisure all of the sudden introduced that their contract with Teddy Island had been terminated. They cited unfulfilled fee as a part of the rationale for termination.
Good day. That is SM Leisure. We want to inform you our firm’s stance concerning the current case with Teddy Island, for which NCT Dream has been the mannequin of. We signed a contract with Teddy Island in 2022, and NCT Dream grew to become lively as their mannequin.
However Teddy Island has not paid out the mannequin charge that was stipulated within the contract. Though we now have pressed them for the charges just a few occasions, Teddy Island has been persevering with to make use of our artists’ portraiture to promote for his or her model with out paying the mannequin charges. In Might 2023, they introduced a fansign unilaterally, with out finalising discussions with us. Our firm couldn’t undergo with it as such.
— SM Leisure.
Though SM Leisure had requested Teddy Island to halt their utilization of NCT Dream’s pictures and extra, the model refused to pay attention.
As such, we now have taken measures to guard our artist since June 2023, and to cease the confusion amongst followers. We requested Teddy Island to cease utilizing our artists’ portraiture for commercial instantly, and notified them that the mannequin contract can be terminated.
Although the scenario was because the above, Teddy Island continued to illegally use our artists’ portraiture on their homepage, and so on. It was solely after the contract was terminated that they paid a portion of the mannequin charges by means of financial institution switch, and have been claiming that it was our firm that didn’t observe the contract. Lately, they even introduced a pre-order occasion utilizing our artists’ autographs and portraiture for photocards and different merchandise with out dialogue.
— SM Leisure.
SM Leisure tried to rectify the scenario for followers that have been affected. Because the model beforehand introduced a fansign with out prior authorization from the corporate, it was canceled ultimately. SM Leisure tried to make it as much as followers by suggesting a compromise with the model, however to no avail.
To be able to cease the injury induced to our artists and to the followers, we rapidly uploaded an announcement concerning the Teddy Island pre-order occasion on October 18. Even so, we tried to resolve the problem so far as we might, for the sake of the followers who had been ready for the fansign occasion. So we now have prompt many choices to Teddy Island, together with reinstating the canceled fansign occasion and extra, however Teddy Island turned the accountability of the terminated contract to us. They’ve additionally been making unreasonable requests of us as much as lately. Therefore, we can’t come to a compromise with them any longer.
We want to verify as soon as extra that the present occasions concerning NCT Dream which can be being marketed and introduced on Teddy Island’s homepage, and so on, don’t have anything to do with our firm. We hope that the followers take notice such that they won’t be affected any longer.
Thanks.
— SM Leisure
Teddy Island has not but replied to the assertion.
NCT
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