Core Viewpoint - The ongoing dispute between artist Ju Jingyi and her agency, Siba Media, has escalated into a legal battle, with both parties publicly accusing each other of misconduct and economic crimes, highlighting significant issues regarding contract validity and revenue distribution [2][3][4]. Group 1: Contract Dispute - Ju Jingyi's studio claims that her contract with Siba Media ended in June 2024, asserting that Siba has no right to interfere with her activities [3]. - Siba Media argues that a supplementary agreement signed in 2018 extends the contract to 2033, and they have provided handwriting analysis to support their claim of a valid signature [4]. - Both parties have engaged in public exchanges on social media, with the core dispute revolving around the contract's duration and validity [3][4]. Group 2: Allegations of Misconduct - Ju Jingyi's side accuses Siba Media of various breaches, including forging signatures and failing to disclose actual earnings, which they claim has led to significant financial losses [4][5]. - Siba Media has stated that they have paid Ju Jingyi a pre-tax income of 139 million yuan, but allegations suggest that the actual income was significantly lower due to "shadow contracts" [5][6]. - The legal expert, Xu Hao, indicates that the dispute has moved beyond negotiation to a stage where both parties are preparing for litigation and public opinion battles [6]. Group 3: Economic Crime Concerns - Siba Media has threatened to report Ju Jingyi and her associates for serious economic crimes, which could include tax evasion and other financial misconduct [6][8]. - The entertainment industry is noted for its high incidence of economic crimes, with common offenses including tax evasion through "shadow contracts" and misappropriation of funds [7][8]. - If Ju Jingyi is implicated in economic crimes, Siba Media could also face repercussions, including potential fines and legal liabilities [8]. Group 4: Commercial Implications - The dispute is occurring against the backdrop of Ju Jingyi's rising commercial value, with her involvement in various endorsements and upcoming projects [9][10]. - Siba Media, established in 2010, has a history of successful artist management, but recent financial difficulties and legal issues have raised concerns about its stability [14][15]. - The ongoing controversy may negatively impact Ju Jingyi's brand partnerships and the performance of her upcoming television projects, as companies may choose to distance themselves from potential reputational risks [12][13].

Core Viewpoint - The ongoing dispute between Siba Media and artist Ju Jingyi highlights significant tensions within the idol industry, particularly regarding contract validity and artist treatment, raising concerns about the company's operational stability and reputation [2][6][14]. Group 1: Contract Dispute - Ju Jingyi's studio accused Siba Media of contract violations, including forging agreements and harassing partners, while Siba Media countered with claims of substantial financial support provided to Ju, totaling over 160 million yuan since 2017 [5][11]. - The core of the dispute revolves around the authenticity of a "supplementary agreement" and the expiration of the main contract, with both parties asserting conflicting positions [6][7]. - The court hearing for the contract dispute was initially scheduled for March 18, 2024, but was later canceled for unspecified reasons [6][7]. Group 2: Financial and Operational Concerns - Siba Media's financial health is under scrutiny, with reports indicating that the company and its chairman Wang Jing have become defendants in multiple enforcement cases, with a total frozen equity amounting to nearly 130 million yuan [3][11]. - The company has faced significant legal challenges, including contract disputes with former members of the idol group SNH48, which have resulted in high penalties and restrictions on consumption for some artists [14][17]. - Despite maintaining operations through existing fan bases and established performance models, Siba Media's influence in the entertainment industry has diminished, especially with the rise of new idol production formats that have outpaced its traditional model [16][17]. Group 3: Historical Context and Industry Impact - Siba Media, founded in 2010, pioneered the "training system" for idols in China, drawing inspiration from Japan's AKB48 model, and initially thrived on a business model that combined theater performances, fan interactions, and merchandise sales [9][11]. - The company has generated significant revenue from its operations, with over 400 million yuan contributed solely from annual voting events for SNH48 between 2014 and 2019 [9]. - The departure of key members like Ju Jingyi has not only weakened Siba Media's market competitiveness but has also raised questions about its long-term viability in a rapidly evolving entertainment landscape [14][16].