The Korean pop girl group NewJeans, the main source of revenue for HYBE’s brand ADOR, announced on Thursday (November 28) that it would terminate its contract with ADOR, putting the future of the brand into uncertainty.
However, ADOR said NewJeans had no reason to terminate its exclusive contract, which remains “in full force and effect.”
During a hastily announced press conference on Thursday night (November 28), panellists Hanny It said ADOR “has neither the ability nor the will to protect” NewJeans.
“Remaining in the institution will only prolong our psychological pain and waste our time,” she added, quoted Korea JoongAng Ilbo.
The press conference came at the end of a 14-day period in which NewJeans has provided ADOR with a resolution to address the group’s concerns over alleged abuse of group members amid the ongoing conflict between HYBE and HYBE. Heejin’s thoughtsFormer CEO of ADOR and creative director of NewJeans.
according to JoongAng IlboNewJeans briefed the media about the press conference at 6pm Seoul time, and ADOR responded to NewJeans’ ultimatum via email at 7pm, after sending a paper version earlier in the day.
“We regret that the press conference regarding the termination of the exclusive contract was planned and conducted without a response. [NewJeans’] LEGAL NOTICE,” HYBE’s ADOR said in a statement emailed to MBW.
“ADOR, as a party to the contract, has not violated the terms of the agreement. Unilateral breach of trust claims does not constitute a valid reason for the termination of the contract.
“The exclusive agreement between ADOR and NewJeans members remains in full force and effect. We therefore respectfully request that the group continue to cooperate with ADOR on upcoming campaigns, as it has done so far.
“Remaining in an institution will only prolong our psychological suffering and waste our time.”
Hanni, new jeans
In an unexpected livestream on YouTube in September, NewJeans members claimed they were mistreated by ADOR employees, including overhearing commands to ignore.
NewJeans sided with Min in a conflict that became public this spring, when HYBE accused Min of trying to wrest control of ADOR from the parent company by selling company stock and leaking confidential information.
This summer, ADOR fired Min from his position as CEO, and earlier this month, Min announced his resignation as a director on the brand’s board of directors.
“ADOR, as a party to the contract, has not violated the terms of the agreement. Unilateral breach of trust claims does not constitute a valid reason for the termination of the contract.
i like it
Min owns 18% Holds shares in ADOR and is widely credited with founding one of K-pop’s most popular groups, NewJeans.
In a press conference, members of the band said they hope to continue making new music for “Rabbit,” a reference to the NewJeans fan club, but admitted they may not be able to continue using the NewJeans name.
“However, this does not mean that we completely abandon the name, we will continue to fight for NewJeans. No matter what our name is, just remember that NewJeans will never die,” panellist Danielle said, as quoted sumpi.
According to Reuters, members of the group also expressed their willingness to cooperate with Min Hee Jin.
“We faced abuse not only of ourselves but of our employees, countless missteps and contradictions, deliberate miscommunication and manipulation on multiple fronts,” Haney said in a statement at the press conference.
She added that ADOR is “a company that no longer has any sincerity about the musical art it creates, a company that only cares about making money and only caring about performing well, and has no conscience about music.” negative impact.
In its response, ADOR said that despite “repeated requests to meet with NewJeans members,” “our efforts have not been successful. We hope members are now willing to engage in open, candid discussions.”
ADOR stated that it is “committed to fully supporting NewJeans’ activities and will continue to make every effort to assist them in growing as global artists.”
This shows how influential this message is in Korean culture, JoongAng Ilbo According to reports, about 100 reporters attended the NewJeans press conference, even though it was held hours earlier.global music business
