Kwon Jin-young, CEO of HOOK ENTERTAINMENT, who is suspected of stealing singer Lee Seung-gi's One Revenue gold, bowed his head. Lee Seung-gi reported that Lee Seung-gi had not received a penny of One Settlement from his agency HOOK ENTERTAINMENT for the past 18 years. Lee Seung-gi has released 137 songs since 2004 and earned 9.6 billion won from 2009 to September 2022, but has not received Settlement at all. In this regard, Lee Seung-gi sent proof of content to his agency and said that if he did not give a convincing answer to the proof of content within a few days, he would take steps to terminate the Contract. Lee Seung-gi is known to have started at 4:6 in 2004 with HOOK ENTERTAINMENT and Contract terms, and then adjusted to 6:4 in 2009 and 7:3 in 2017. According to these Contract terms, 60% of Lee Seung-gi's sales (6.5 billion won) from 2009 to 2016 and 70% of the 2.9 billion won from 2017 to 2022, or 5.8 billion won, is Lee Seung-gi's share. However, HOOK ENTERTAINMENT told Lee Seung-gi that he did not settle the song by gaslighting it as a minus singer. However, according to the public data, Lee Seung-gi is reported to be releasing a billion-dollar Revenue as a real album. HOOK ENTERTAINMENT Kwon Jin-young, CEO of HOOK ENTERTAINMENT, said in an Official announcement on the day, "There are bad stories about our company and individuals through the media recently. I am ashamed and sorry because everything is my insult and vice." In the meantime, Kwon Jin-young emphasized, "If HOOK ENTERTAINMENT or the individual is clearly identified as legally responsible, we will take full responsibility without backing down or avoiding it."