”Management rights issue in the acting world” Lee Jung Jae & Jung Woo Sung win the ”Lemon Rain dispute” → Appointed as director... Management office says ”not related”

Artist United, whose largest shareholder is actor Lee Jung-jae, won a landslide victory in a dispute over management rights with Lemon Rain at an extraordinary shareholders' meeting.
Lee Jung and actor Jung Woo Sung have been appointed as the new in-house directors of Artist Studio (formerly Lemon Rain). However, the management office of Lee Jung and Jung Woo Sung
On the 31st, Artist Company responded to the related content by saying, "Artist Company has no relationship whatsoever with Artist United, including ownership."
However, I am not aware of any details related to the extraordinary general shareholders' meeting that was held today, so there is nothing I can say in relation to that."
According to the content industry on the same day, Lemon Rain held an extraordinary shareholders' meeting at its headquarters in the morning and changed its name.
The proposal to amend the articles of incorporation, including adding new business objectives, and the proposal to appoint Lee Jung, Jung Woo Sung, and Artist United CEO Lee Tae Seong as internal directors were all approved.
As a result, Lee Jung Jae, Jung Woo Sung, and CEO Lee Tae Seong were appointed as inside directors, and Park Hye Kyung, CEO of And Credit, was appointed as an outside director.
Meanwhile, the appointment proposal put forward by Kim Dong-rae, CEO of the existing Lemon Rain, and Kim Ki-yeol, director of the company, was not brought up at the general meeting that day.
On the same day, Artist United held an extraordinary shareholders meeting to announce changes to the number of directors and the company name.
It was reported that a number of proposals were put forward, including adding new business objectives, changing advertising methods, and expanding the limit on convertible bond issuance.
Based on the shareholders' meeting, Lee Jung and other artists will be united.
With the appointment of key figures from Ted River to the board of directors, it is expected that they will be the driving force behind the stabilization of Lemon Rain's management. In particular, Lemon Rain will change its name to "A
The talents of Lee Jung Jae and Jung Woo Sung, who are active in various fields as actors, directors and producers, have been combined to form the KOSDAQ-listed production company Artists United.
Attention is focused on what kind of synergy will be created with Tajio (formerly Lemon Rain). Prior to this, Artist United had acquired management rights in the process of acquiring Lemon Rain.
In March, Artist United became Lemon Rain's largest shareholder through a third-party paid-in capital increase of 29 billion won (approximately 2.9 billion yen).
After that, a disagreement arose between Lee Jung-jae and Kim Dong-rae, the CEO of Lemon Rain. Lee Jung-jae is also the largest shareholder of Artist United.
The discord between them became so severe that Kim Dong-rae and Lee Jung-jae even faced a lawsuit. As a result of the shareholders' meeting, the shares held by both parties were divided into 13.68% for Kim Dong-rae and 13.68% for Lee Jung-jae.
Jeongjae's side is said to be at 28.21%. Meanwhile, Artist United said, "Artist Studio is a company that produces video content such as movies and TV series aimed at the global market.
"We will strive to create diverse content that will be loved both at home and abroad, and maximize corporate and shareholder value."