Friday, June 14, 2024

Scandal in K-Pop: Xiumin, Baekhyun and Chen accuse SM entertainment of unfair practices

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The agency lNB100 I affirm that Baekhyun, Chen and Xiumin They are currently promoting with the group EXO without receiving any payment for your contract with SM Entertainment.

What happened to EXO’s Baekhyun, Chen and Xiumin

The agency of EXO-CBX (first subunit of EXO group), INB100, announced on the morning of the 10th: “In June last year, EXO-CBX amicably resolved legal issuesincluding the termination of exclusive contracts and the filing of a complaint with the Fair Trading Commission through a joint statement with SM Entertainment,” the outlet states. Sports Chosun.

Baekhyun, Xiumin and Chen
Baekhyun, Xiumin and Chen

They continued: “At that time, both parties resolved the matter through negotiations, believing that the most important thing was for EXO to continue their activities normally. According to the agreement, the artists’ individual activities and those of EXO CBX are being managed by INB100 “.

“However, SM Entertainment has ignored the terms of the negotiations on which the agreement was based and demands that INB100 deliver ‘10% of the income from the artists’ individual activities’. “INB100 sent a formal objection exposing the unfairness of this lawsuit, but SM Entertainment has not responded for more than two months,” they noted.

“The three artists (Baekhyun, Chen and Xiumin) They are working as an EXO team to protect EXO and EXO fans without receiving a deposit (…) This decision was made to maintain the EXO team and return the fans’ support. At that time, we thought that a new future would develop smoothly since the negotiations with SM had concluded. However, SM announced that INB100 would be launched in February 2024 when the agreement was reached,” they stated.

It is not the first time that the agency SM Entertainment He has problems with his artists. The uneven earnings that an SM artist obtains compared to what the agency obtains are known. Furthermore, the record company has been, on more than one occasion, the target of darts from fans due to the mistreatment that many suffer, the lack of promotion of their work and the weak marketing they carry out.

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