Baekhyun, Xiumin, and Chen’s legal representative and SM Entertainment have shared updates on their legal battle. On June 5, EXO’s Baekhyun, Xiumin, and Chen’s legal representative of the law firm LIN announced that they filed a complaint to the Fair Trade Commission on June 4 against SM Entertainment for “abuse of superior bargaining position.” The… Continue reading Baekhyun, Xiumin, And Chen File Complaint To Fair Trade Commission Against SM + SM Releases New Statement With Decision
Tag: SM Entertainment
EXO’s Baekhyun, Xiumin, And Chen Release New Statement With Rebuttal Of SM’s Claims
Following their initial statement announcing termination of their contracts with SM Entertainment, EXO’s Baekhyun, Xiumin, and Chen have released a new statement via their legal representative that refutes SM Entertainment’s statement from June 1. Read the full statement below: This is lawyer Lee Jae Hak of the law firm LIN, representing EXO members Baekhyun, Xiumin,… Continue reading EXO’s Baekhyun, Xiumin, And Chen Release New Statement With Rebuttal Of SM’s Claims
SM Releases Detailed Statement Refuting Baekhyun, Xiumin, And Chen’s Basis For Contract Termination
SM Entertainment has released an additional statement in response to EXO’s Baekhyun, Xiumin, and Chen notifying the company of their contract termination via their legal representative. Following the initial statement suspecting a third party of being behind this situation, SM Entertainment shared the following statement refuting claims from Baekhyun, Xiumin, and Chen’s legal representative: Hello.… Continue reading SM Releases Detailed Statement Refuting Baekhyun, Xiumin, And Chen’s Basis For Contract Termination
SM Suspects Third Party Is Behind Baekhyun, Xiumin, And Chen’s Contract Termination Notice + BPM Entertainment Responds
Following EXO’s Baekhyun, Xiumin, and Chen’s notice to SM Entertainment in regards to terminating their exclusive contracts, SM Entertainment released an additional statement on June 1 regarding the issue, suspecting an external influence being behind this situation. Below is SM Entertainment’s full statement: Hello, this is SM Entertainment. Through the SM 3.0 strategy that we… Continue reading SM Suspects Third Party Is Behind Baekhyun, Xiumin, And Chen’s Contract Termination Notice + BPM Entertainment Responds
Watch: SM Announces NCT, NCT DREAM, NCT 127, And WayV’s Plans For Remainder Of 2023
NCT has outlined their plans for the remainder of the year in a detailed new video! On May 24, NCT dropped a video titled “N Quiz on the NEO Center” with Jungwoo and Doyoung as hosts. NEO Center refers to SM Entertainment’s production center designated for NCT. Before going to greet the team in charge… Continue reading Watch: SM Announces NCT, NCT DREAM, NCT 127, And WayV’s Plans For Remainder Of 2023
Watch: SM Announces Plans For Sungchan And Shotaro’s New Boy Group, New NCT Team, And New Girl Group
SM Entertainment has announced plans for their new upcoming groups. Along with news that Sungchan and Shotaro will leave NCT and debut in a new boy group, SM revealed further details through a new video titled “SM 3.0: NEW IP 2023.” In the video, SM Entertainment CEO Jang Cheol Hyuk shares SM’s plans for the… Continue reading Watch: SM Announces Plans For Sungchan And Shotaro’s New Boy Group, New NCT Team, And New Girl Group
SM Entertainment Artists Confirmed To Join Weverse
A new collaboration between SM Entertainment and HYBE is coming to light. On April 17, SM Entertainment stated, “By the second half of this year, we will open official communities for each of our artists on Weverse and manage official fan club services through membership services to interact with fans in various ways.” Currently, SM… Continue reading SM Entertainment Artists Confirmed To Join Weverse
Update: EXO’s Sehun Personally Clarifies False Rumors + SM Announces Legal Action
Updated March 28 KST: Following SM Entertainment’s recent statement regarding false rumors about Sehun, the EXO member has also shared a personal statement explaining the situation. On March 28, Sehun posted the following on his Instagram Stories: Nonsense posts have been circulating online the past few days, and I felt that I should take legal… Continue reading Update: EXO’s Sehun Personally Clarifies False Rumors + SM Announces Legal Action
SM Entertainment Makes Statement Regarding HYBE And Kakao’s Agreement
SM Entertainment has released an official statement in response to HYBE’s announcement that it will no longer be attempting to take over the company. On March 12, HYBE announced that it had come to an agreement with Kakao regarding their highly public battle to secure management rights and control of SM Entertainment. In a formal… Continue reading SM Entertainment Makes Statement Regarding HYBE And Kakao’s Agreement
Breaking: HYBE Announces Withdrawal From SM Acquisition After Coming To Agreement With Kakao
HYBE has announced that it “will discontinue the acquisition process of SM Entertainment.” On March 12, HYBE released an official statement announcing the end of its highly public battle with Kakao over acquiring shares of SM Entertainment. Last month, HYBE signed a deal with SM Entertainment founder Lee Soo Man to acquire a 14.8 percent… Continue reading Breaking: HYBE Announces Withdrawal From SM Acquisition After Coming To Agreement With Kakao