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Hallyu group EXOThe three members of want to terminate their exclusive contract with SM Entertainment. According to the latest reports, the law firm of Lin, representing Baekhyun, Xiumin, and Chen, has sent notice to SM Entertainment to terminate their exclusive contract. The three EXO members have submitted multiple requests for documents detailing the three artists’ earnings and payments from March to May.
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According to a report by All Kpop, Baekhyun, Xiumin and Chen demanded “clear and transparent records” of the company’s earnings. But SM Entertainment allegedly refused to do so.
contract issues
The entertainers’ lawyers also said that SM Entertainment forced the singers into “long-term exclusive contracts of 12 to 13 years.” They also asked them to renew their contracts early and then at least until 2017-18. Artists called these “slave contracts.”
apologize to fans
The singers also shared a message with fans. “We are sorry for causing great concern to fans through this issue, and we cannot fully express our apologies. Although legal action is inevitable due to our different stance with SM, we will do our best to find a sensible way to resolve this Disputes, so that we don’t attract too much attention from the fans.
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“We are actually very scared and terrified of this moment now when we try to speak out with a very small voice about injustices that we were not able to talk about before. We hope you are interested in what we have said and our courage in tough times. We again Sincere thanks to our fans who have supported us for a long time,” they said in a statement.
Reply from SM Entertainment
Meanwhile, SM Entertainment accused “external forces” of getting close to their artists. In a statement, they said, “We have confirmed that external forces are approaching our artists (…) External forces are not really looking out for the artist at all, they are committing illegal acts to lure our artists into making wrong The decision and the violation of the exclusive contract (…) We will not sit idly by those who are greedy for money and we will take all possible legal measures.”
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Baekhyun, Xiumin and Chen have been part of the nine-member group EXO since 2012. The group also includes Suho, Lay, Chanyeol, DO, Kai and Sehun. Recently, Chanyeol shared a group of farewell photos of Kai enlisting in the military on his Instagram account. When they sent Kay to the barracks, all 9 of them took a group photo.
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