While Baekhyun, Xiumin, and Chen (EXO) notified SM Entertainment of the termination of their exclusive contracts, suspicions were raised that the external force that SM claimed was Big Planet Maid, with singer MC Mong as an inside director.
On the 1st, a media outlet reported that SM recently sent a proof of content to Big Planet Maid. This is because Big Planet Maid approached the three members of EXO and induced them to terminate their contracts. It is known that SM replied "yes" to the fact that they sent the contents certification to Big Planet Maid.
Previously, lawyer Lee Jae-hak of the law firm Lin, who was in charge of legal representation for Baekhyun, Xiumin, and Chen, gave an official position on this day.
Lin, the law firm, said, "From March 21st to the present, we sent a content certification to SM seven times, and through this, we repeatedly requested copies of the transparent settlement data and settlement basis." We maintained our position that we could not provide it.”
"After SM had previously signed long-term contracts of 12 to 13 years or more with artists, and this period was not enough, they had them sign the follow-up exclusive contracts again, so that the long-term contract period of at least 17 or 18 years was not enough. They are repeatedly committing extremely unfair tyranny, such as making claims.”
They added, "As SM failed to fulfill its obligation to provide data, grounds for termination of the existing exclusive contracts arose.
On the same day, through a statement, SM said, “At the time when we were concentrating our efforts to prepare for a new leap forward, we approached our artists and delivered false information/wrong legal assessments while ignoring our exclusive contract with the company. We are seeing outside forces making unreasonable offers, such as saying that it's okay to sign a contract with them."
In addition, "Those outside forces, despite not having any genuine thought for the artist, are illegally enticing our company's artists to make wrong judgments and violate exclusive contracts or sign double contracts through groundless rumors, slander, and coaxing, etc. It is committing an act,” he dismissed.
Reporter Yoon Jun-ho, Ten Asia delo410@tenasia.co.kr