EXO’s Chen, Baekhyun and Xiumin accuse SM Ent of unfair trade practices; reveal why members resigned from agency

EXO’s Chen, Baekhyun, and Xiumin’s representatives held a press conference to tackle their dispute with SM Leisure, alleging unfair change practices and breaches of settlement agreements. They published intentions to murder the present agreement and maybe pursue exact motion.

EXO’s CBX representatives elucidate Chen, Baekhyun, and Xiumin’s grievances in opposition to SM Ent

On June 10, representatives of EXO’s Chen, Baekhyun, and Xiumin (EXO-CBX) held a press conference to tackle their ongoing dispute with SM Leisure. The conference featured p_Arc Neighborhood chairwoman Cha Ga Won, INB100 CEO Kim Dong Joon, and attorney Lee Jae Hak.

INB100 at disclose manages the individual activities of Chen, Baekhyun, and Xiumin.

All the method during the click conference, attorney Lee Jae Hak accused SM Leisure of no longer honoring the agreed 5.5 p.c commission charge for albums and music assured to INB100 as piece of the settlement cases.

As some other, he claimed, SM Leisure is anxious 10 p.c of the artists’ earnings from individual activities, along with album releases, concert occasions, and ads.

No subject sending a certification of contents to SM Leisure in April referring to the breach of settlement, the attorney published they’ve but to fetch a response.

Lee Jae Hak mentioned, “The agreement no longer has any which implies, so we are succesful of murder the agreement made on June 18 [on the causes of] fraud or end it on the grounds of non-success of duties. We are going to have the ability to moreover grab into consideration filing a felony criticism and a criticism with the Korea Gorgeous Trade Commission referring to the course of of signing the agreement.”

The representatives emphasized their dedication to in quest of resplendent treatment and holding the rights of Chen, Baekhyun, and Xiumin as they navigate this anxious pain with SM Leisure.

Extra shrimp print about Chen, Baekhyun and Xiumin’s most up-to-date activities

On January 8, 2024, Chen, Baekhyun, and Xiumin joined INB100 to withhold an eye on their solo activities, whereas their EXO neighborhood activities remain below SM Leisure. Chen released his fourth Korean-language EP, Door, on Could moreover 28, 2024, that comprises the lead single Empty.

Baekhyun moreover launched his solo profession below INB100 and introduced his Lonsdaleite dwell efficiency tour, which kicked off in Seoul on March 16, 2024. Within the period in-between, Xiumin, alongside his fellow people, is moreover now below INB100 for his solo pursuits.