Soyu and Park Min Woo indulge in a cute high school romance in K.Will's teaser for 'Day 1'

http://www.youtube.com/watch?v=mIJFQHmX-w4

Koreans love counting the days to any milestone in a romantic relationship, and this part of their culture is explored in K.Will's upcoming summer track, "Day 1"!

The MV teaser above shows the adorable blossoming relationship between high schoolers SISTAR's Soyu and Park Min Woo, although it is honestly hard to state whether the cute scenes at the end are actually from the early stage of their relationship or all in Park Min Woo's head.  Clearly, he's the enamored one.

Either way, it seems like it will be an adorable MV with a similar young love vibe as Soyu and JungGiGo's "Some," so stay tuned for the full version on June 26!

EXO's Tao leaves a message for fans

Following news of Kris leaving SM Entertainment as well as Baekhyun's relationship with Girls' Generation's Taeyeon, EXO's Tao has left a message for fans. 

He expressed his feelings about unspecified recent events on June 24 through Chinese SNS Weibo. Tao posted, "I don't know why there are so many bad things that are happening this year. I went out for a walk to relax. I'd like it if all the bad things that happened could be gotten over by laughing. How do you all feel. If you don't feel good, try smiling at yourself. Though we can't see you now, I hope that all of you who like EXO are having a good time and are happy. Whether it's now or in the future."

This wasn't the first time Tao expressed his feelings after news of Kris attempting to part ways with EXO's agency made headlines. Though he doesn't specify what the "bad things" are in his message, it's likely he may be referring to member troubles. Fans commented, "Tao, thank you for sending up this message," "With Tao in mind, I'll cheer on EXO even harder," "I hope you're happy too," and more.

In other news, EXO will be holding 'EXO from EXO Planet #1 - The Lost Planet' in Chongqing, China on June 28.

What do you make of Tao's message?

SM Entertainment officially announces that they didn't evade taxes + to pay an additional 10,2 billion won

SM Entertainment revealed to pay an additional 10,2 billion won in corporate tax in after a tax audit by the National Tax Service. 

On June 23rd, an official from SM Entertainment said,"Due to the difference in foreign tax deduction for SM Entertainment Japan, we paid an additional 10,2 billion won in corporate tax","There may be some temporary burdens regarding the corporate tax,but we would like to take this as an opportunity to set up a more robust global business in the future as we have clearly solved all the foreign tax deduction and tax rates". 

It was also confirmed that SM Entertainment didn't evade any taxes regarding the income from overseas business and overseas performances. Also the suspicions related to SM Entertainment's international business and their global real estate turned out to be unfounded.

Fat Hyomin vs Sexy Hyomin for 'Nice Body' MV teaser image

Hyomin surprises with her MV teaser image for upcoming single 'Nice Body'.

In the photo, Hyomin transformed into fat girl comparing side by side her sexy image on the other. With the use of special make up, Hyomin's fat figure raises excitement and fans assume her MV is going to be fun.

It is revealed that there are two versions of  teaser which are made for 15 years old and 19 years old. Meanwhile, Hyomin's first solo album will be released on July 2.

Soyu and Park Min Woo indulge in a cute high school romance in K.Will's teaser for 'Day 1'

http://www.youtube.com/watch?v=mIJFQHmX-w4

Koreans love counting the days to any milestone in a romantic relationship, and this part of their culture is explored in K.Will's upcoming summer track, "Day 1"!

The MV teaser above shows the adorable blossoming relationship between high schoolers SISTAR's Soyu and Park Min Woo, although it is honestly hard to state whether the cute scenes at the end are actually from the early stage of their relationship or all in Park Min Woo's head.  Clearly, he's the enamored one.

Either way, it seems like it will be an adorable MV with a similar young love vibe as Soyu and JungGiGo's "Some," so stay tuned for the full version on June 26!

SM Entertainment to pay additional $10 million as a result of tax audit

One of the biggest entertainment companies in South Korea, SM Entertainment, publicly announced on June 23 that it was charged with an additional fee of 10 billion won (~ 10 million USD) in corporate taxes by the National Tax Service.  

As readers may recall, the Seoul Regional National Tax Service started a special tax investigation into the company starting back in March under the suspicion that the agency failed to file billions of won earned from their celebrities' overseas promotions. 

On this day, the company stated through a separate report, "The results of the tax investigation fined an additional corporate tax fee of 10 billion won (~ 10 million USD), which we paid due to the difference in deduction for tax amounts paid in a foreign country in relation to the accrued profits of our corporate body in Japan, SM Entertainment Japan.

They also revealed to us there were no cases of tax evasions through the company's omission of earnings from overseas promotions in relation to our international businesses.  Henceforth, the suspicions brought up in relation to our overseas business and foreign properties were revealed to have been groundless."

C-Jes Entertainment denies the news of Song Ji Hyo transfers to a new agency

Song Ji Hyo was earlier reported to end her contract with C-Jes Entertainment and move to a new agency on June 23rd. However C-Jes Entertainment has officially denied it and said it's just an unfounded rumour. 

An official from C-Jes Entertainment said through press release,"We do not have any exclusive contract, Song Ji Hyo's situation is different since it was based on her trust to our management so her contract with us is just a verbal agreement. So the information of her transferring to another agency is baseless". 

They also said,"Due to this misreport, all the production and advertisement companies which are preparing to sign their contracts with Song Ji Hyo have been rushing in with questions regarding this situation, and this has disrupted our operating system".