HomeMusicEXO-CBX's Lawyer Formally Requests Authorities Examine All SM Entertainment Artists' Contracts

EXO-CBX’s Lawyer Formally Requests Authorities Examine All SM Entertainment Artists’ Contracts

-

The idols’ lawyer made the revealtion in a brand new assertion.

EXO-CBX (Baekhyun, Xiumin, and Chen) requested that every one SM Entertainment artists’ contracts be examined in a brand new assertion.

From left: Chen, Baekhyun, Xiumin | SM Entertainment

On June 5, the artists’ lawyer, Lee Jae Hak, revealed that he had made an official grievance to Korea’s Free Trade Commission about SM Entertainment’s practices. The Free Trade Commission is the governing physique in Korea that protects free markets and competitors within the markets throughout the nation.

On June 4, we made an official grievance to the Free Trade Commission about SM Entertainment’s abusive enterprise practices. We reported to the Free Trade Commission that regardless of the fee already issuing corrective orders on October 2007 and January 2011, SM Entertainment  had ignored these orders and largely continued its observe of unfair contracts.

— Lee Jae Hak

The lawyer then made a bombshell revelation that he had formally requested an inquiry into all artists’ contracts signed with the label.

We requested that the fee levy strict corrective orders to SM and, moreover, {that a} full investigation be made into all of SM artists’ contracts. In 2023, SM is constant the actions that the fee had deemed as enterprise malpractice in 2007 and 2011.

— Lee Jae Hak

Lee Jae Hak then said that SM’s practices, similar to making the contract’s begin date the group’s debut date and making its contracts a lot much less favorable for its artists in comparison with industry norms, had all been deemed as unfair by the Fair Trade Commission.

| YNA

The lawyer additionally challenged that the size of the contracts was unfairly prolonged by unfavorable contract phrases.

By making the group’s debut date the beginning date for the contract, the time artists spent as trainees have been added to the size of the contract, and thru agreements, the contract was then prolonged for 3 years, and when you think about the time spent within the navy, the contracts are 12-13 years lengthy in observe. .

— Lee Jae Hak

The lawyer then additional alleged that, as if that wasn’t sufficient, the label pushed its artists to signal one other extension within the final 12 months of their contract, and thus in observe, artists signal with the label for 17-18 years. Lee Jae Hak ends his assertion by releasing a press release from the artists themselves.

We hope that our braveness and efforts will make sure the rights of our hoobaes are protected and that we make a small contribution to a wholesome change within the Pop industry.

— EXO-CBX

Previously, the members of EXO-CBX revealed that that they had sued to terminate their contract with SM Entertainment. The label would then accuse Big Planet Made of tampering with its artists, which might be denied by the opposite label. The members, regardless of revealing their intention to go away the label, have since said that they plan on remaining in EXO in a following assertion.

Baekhyun, Chen, And Xiumin Address Their Future With EXO

Stay tuned for updates.

 

EXO



Content Source: www.koreaboo.com

LATEST POSTS

Salman Khan Home Firing: Mumbai Crime Branch information a case towards gangster Rohit Godara

Last month, there was a stunning firing incident exterior the house of Bollywood celebrity Salman Khan. Regular updates are being acquired because the state of affairs continues...

‘IF’ Evaluate: John Krasinski’s Extraordinarily Iffy Youngsters Film

IF is the type of prodigious failure that solely a really profitable filmmaker can create. Only a director with a monitor document like John Krasinski might persuade a...

John Krasinski & Ryan Reynolds’ ‘IF’ To Give Extra Elevate To Summer season Box Office With $40M Opening – Preview

Paramount will maintain its chin up excessive amid the entire Sony and Skydance takeover headlines and maintain the summer time box office churnin’ with the...

Most Popular