2023-06-19 06:10:00
EXO’s Chen (from left), Baekhyun, and Xiumin are taking poses at the press conference for the first real variety show, ‘EXO’s Ladder Traveling the World, Chen Baeksi (CBX) Japan’ held at Imperial Palace in Seoul on the followingnoon of the 29th. 2018.5.29./News
SM (041510) Entertainment resolved the contract conflict with EXO’s Chen, Baekhyun, and Xiumin and reached an amicable agreement.
On the morning of the 19th, SM Entertainment announced a joint statement with Byun Baek-hyun, Kim Jong-dae, and Kim Min-seok (hereinfollowing referred to as Chen Baek-shi).
SM first apologized for the conflict with Chenbaeksi, saying, “The company and the three artists had enough time to discuss all issues openly.” We are delighted to inform you that there was.”
“We and the three artists acknowledged and maintained the contractual relationship with our artists, and through some discussions and revisions, we decided to continue to promote EXO activities more actively.”
“The company and the three artists promised to further solidify their relationship in the future by going through a process of mutually equal discussions and revisions,” he continued. We decided to cheer and support each other so that they can promote in new ways.”
In addition, it was revealed that there was a misunderstanding regarding the third external force that SM Entertainment claimed. SM said, “We initially received a report that a third outside force was approaching the three artists with unreasonable intentions, and we have mentioned it as the main cause of this dispute.” “However, through this discussion, the third outside force We found out that there was a misunderstanding regarding the intervention, and we would like to take this opportunity to apologize to the people involved for causing concern with our announcement.”
Lastly, SM said, “Through this incident, we were able to think once more regarding the direction of our growth following the launch of SM 3.0, from the individual concerns of our artists.” We want to envision the future,” he emphasized.
Previously, on the 1st, Chenbaek City announced legal action, claiming that SM’s unfair long-term contract and opaque settlement. However, SM countered by arguing that it was slander by outside forces.
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