Many korean entertainment agency tends to contract exclusive entertainment management sign with artists. Sometimes unfairness issues on the contract occasionally give rise to legal dispute. In some cases, as mentioned belows, mediation may be appropri...
Many korean entertainment agency tends to contract exclusive entertainment management sign with artists. Sometimes unfairness issues on the contract occasionally give rise to legal dispute. In some cases, as mentioned belows, mediation may be appropriate dispute resolution in the field entertainment for various reason. Contracting parties have common goal which artists could make the most of his or her talent and produce the best result, thereby agency and entertainer could maximize common interest. To achieve shch goals, mutual coordination is very important element. During a dispute as to exclusive management contracts, if coordination is restored between the parties by communication and compromise, they can maintain the contract, or otherwise minimize individual damage. Because of the character of contracts, Parties want to go toward a resolution by communication and compromise, mediation is more appropriate than litigation or arbitration, considering such quality of entertainment management contracts. And then, since mediation persue a settlement in accordance with concrete validity rest on common sense, it can give positive consideration to regulation of unfairness problem. Also cost effective side, mediation have a virtue as follows. The charge of application for mediation is only one-fifth of revenue stamp of litigation, a lot cheaper than arbitration cost. considering the benefits above, I insist that mediation is more appropriate dispute resolution than litigation and arbitration.