Concert Organizers Fail To Pay Popular Boy Group For Two Years

In a shocking revelation, it has come to light that the concert production company behind JTBC‘s audition program Peak Time‘s nationwide tour has failed to fully pay the performance fees for some of the participating artists — even two years after the concerts ended.

In the concert, the participating six teams were confirmed to be VANNER (Team 11:00), MASC (Team 7:00), DKB (Team 8:00), Team 24:00, BAE173 (Team 13:00), and M.O.N.T (Team 20:00).  The unspecified boy group under agency B rose to popularity after competing in Peak Time, finishing in the top tier and earning a spot on the program’s official concert tour.

The Peak Time nationwide tour kicked off in May 2023 with a Seoul performance and continued for roughly two months across cities such as Busan and even overseas locations like Taiwan and Japan. Despite the scale and success of the concerts, shocking financial disputes have emerged behind the scenes.

According to exclusive coverage by YTN Star, the Seoul Central District Court issued a payment order this past March against the concert organizing agency, mandating it to pay entertainment agency B a total of ₩27.5 million KRW (about $19,800 USD) in unpaid fees, along with annual interest of 12%. The entertainment agency involved was not specified.

Initially, the concert organizing agency began paying performance fees to B’s artists, but eventually stopped. In January of this year, agency B sent an official notice demanding the outstanding ₩27.5 million KRW (about $19,800 USD), but has yet to receive the full amount.

In its written response, agency A expressed regret, stating, “We apologize for the delay in payment due to ongoing operational difficulties.” However, no further payments have been made since. The press’ attempts to contact company A for comment have gone unanswered.

What makes this even more concerning is that the organizing company is allegedly not a small fry. It has a history of managing national tours for top-tier artists and was the official holder of the Peak Time concert rights. They are not affiliated with the program’s broadcaster or production company.

This ongoing issue has raised serious concerns within the industry over fair treatment of artists and financial transparency in concert production.