Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement?
As you might know, a couple of weeks ago, a dispute began between Baekhyun, Xiumin, and Chen of EXO and SM ENTERTAINMENT, which led to the discussion of their future activities, since they didn’t want to renew their contracts with the agency. However, with the breaking news, it appears that the dispute has been settled. If you want to know more about it, stay on Korean Fashion Trends! Because today, we will talk about Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement? Stay with us to find out about the outcome of this controversy. Let’s get started!
What happened between Baekhyun, Xiumin, Chen, and SM ENTERTAINMENT?
Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement? We will tell you a little about the reason for this controversy before we get to talking about the results. Baekhyun, Chen, and Xiumin alarmed their fans by talking about their desire to take legal action against SM Entertainment.
This possible lawsuit would come shortly after EXO‘s long-awaited return as a group. On June 1st, 2023, Baekhyun, Chen, and Xiumin notified SM Entertainment about the termination of their exclusive contract as agency artists, and threatened to sue them for not fulfilling a request. It was a surprise for the fans of the K-pop group, who expected EXO’s full return in 2023. What was this controversy about?
According to LIN, the law firm that is now representing EXO’s Baekhyun, Chen, and Xiumin, the artists noticed irregularities in their payments, so they requested clear and transparent earning documents from the agency seven times. However, SM stated that they could not provide those records because they were private. Faced with the refusal, the LIN firm not only pointed out that SM Entertainment wanted to hide information, but also that it sought to retain artists through slave contracts. As it is a fact that, some Korean companies make K-pop idols sign exclusive contracts for 12 to 13 years, and SM would seek to extend these agreements for 17 to 18 years, according to LIN.
How did SM respond to the possibility of a lawsuit?
Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement?
Faced with the possible demand by the artists, the Korean agency SM Entertainment stated that external forces sought to influence their artists to turn them against them.
In addition, they also mentioned that although, at first, representatives declared access to the earnings documents by stating that they were private, in a second statement, they explained that each of their artists had the power to request a detailed report at any time.
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How did the conflict between EXO members and SM ENTERTAINMENT end?
Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement? Luckily, after several weeks without knowing what would finally happen between the EXO boys and the agency, we have good news to share with the EXO-Ls.
The boys are staying in the group! Both parties apologized for causing concern in the fandom, and agreed to come to an amicable settlement. In addition, the three South Korean singers have expressed their desire to remain in the group until the conflict is resolved.
Among the highlights of SM ENTERTAINMENT’s announcement, the company stated that “the agency and the three artists will acknowledge and maintain the contract relationship while carrying out EXO’s scheduled activities more actively and continuously through the process of discussion and correction of certain parts.” In addition, they also apologized for saying that a third party was getting involved with unfair claims, claiming that they were the cause of the dispute. Luckily, both sides managed to come up with a solution. So, we are sure that this is a big relief for the EXO-L’s!
Baekhyun, Xiumin, and Chen vs SM ENTERTAINMENT: Is there an agreement? After a few long weeks of uncertainty, today, EXO-L’s can finally be sure of what the future of EXO will be after the lawsuit that three of its members wanted to file against the agency.. What do you think? Tell us in the comments! Don’t forget to subscribe to our newsletter. Follow us on Facebook, Instagram, TikTok, Pinterest, YouTube, Spotify, and Twitch. See you in the upcoming Korean Fashion Trends blog!
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