HONG KONG — The popular Hong Kong girl group LollyTalk, formed by eight contestants from ViuTV’s King Maker IV, is reportedly grappling with significant financial instability after losing its primary backer, even as the possibility of a major record deal looms. The sudden withdrawal of financial support has left the group’s management company reportedly owed a six-figure sum by the members, according to exclusive reports from East Week Magazine.
The situation has reportedly prompted veteran Cantopop star Hins Cheung to intervene, attempting to broker a deal for LollyTalk to sign with Emperor Entertainment Group (EEG), one of the region’s largest entertainment conglomerates. However, the proposed transition has been stalled by internal disagreements among the eight members regarding the terms of a new contract, raising questions about the group’s immediate future.
Artist Steps In to Offer Lifeline
Hins Cheung, often dubbed the “Social Worker of the Music Industry” for his support of emerging artists, is said to have quickly recognized the precarious position of the group, which has cultivated a strong following and commercial appeal since its formation three years ago. LollyTalk has previously been noted for its robust popularity, sometimes even described as outpacing the rival girl group COLLAR.
Sources familiar with the negotiations indicate that Cheung, who has publicly admired LollyTalk’s work ethic and tenacity, has been actively advocating for the girls to be signed by EEG. The move is intended to provide the group with the necessary institutional backing and resources to overcome their current hurdles. Cheung was notably photographed interacting warmly with the group backstage at the Chilam Awards early last year, underscoring his existing rapport with the artists.
Internal Disagreement Threatens Major Label Deal
While the prospect of joining EEG initially generated excitement among the members—with some reportedly harboring aspirations of achieving success akin to a “Twins 2.0” girl group—the transition has met with internal resistance.
Insiders reveal that consensus over the EEG contract remains elusive. Despite the majority being enthusiastic about the opportunity, at least two members are reportedly hesitant. Their primary concerns center on legal complexities associated with switching agencies and potential restrictions on their artistic autonomy under a new corporate umbrella. This division has significantly slowed down the contract negotiations.
Key Concerns Regarding the Transition:
- Potential legal entanglements from exiting their current management.
- Worries about maintaining creative freedom and control.
- Disagreement over the long-term strategic direction under a major label.
Financial Strain Forces Lifestyle Adjustments
Beyond the boardroom drama, the financial fallout is already affecting the visible lifestyle of the popular group members. Recent observations suggest a notable shift in their daily routines. Unlike previously, members are reportedly no longer utilizing company transportation like chauffeured vans to attend professional engagements, instead relying on public transport or hailing taxis.
Furthermore, to alleviate financial pressure, several members have reportedly moved back into their parents’ homes, temporarily becoming what local media have termed “Boon Lon Zuk” (a term often referring to adults dependent on their parents). This necessity highlights the severity of the financial challenges facing the young artists caught between a failing contract and the promise of a big-label future.
The outcome of the negotiations with EEG, spearheaded by Cheung, is critical. For LollyTalk, securing a major contract could offer stability and the platform necessary to sustain their careers. Conversely, a failure to reach an internal agreement could see the group fracture just as they were cementing their place in the competitive Cantopop landscape. The coming weeks will determine whether Cheung’s efforts manage to pull the rising stars back from the brink.