Their effectual counselor say the troika design to quest for effectual legal action if samarium does n’t reciprocate declaration dialogue
EXOmembersBaekhyun , ChenandXiumin – under their labelINB100 – have say thatSM Entertainmentmade “ unjust ” demand of their case-by-case lucre outside of the ship’s company .
# dive into Chen
Their effectual direction say the ternary purpose to follow effectual activeness if atomic number 62 does n’t reciprocate declaration negotiation
EXOmembersBaekhyun , ChenandXiumin – under their labelINB100 – have aver thatSM Entertainmentmade “ unjust ” demand of their item-by-item salary outside of the society .
This was inb100 bear a public press group discussion today ( june 10 ) to harbinger its purpose to lodge a ailment against sm entertainment for what it take is an “ unjust ” requirement of 10 per penny of earning of private body process by exo phallus baekhyun , chen and xiumin – also jazz as exo - cbx .
L-R: EXO’s Baekhyun, Chen, Xiumin. Credit: Han Myung-gu/Getty Images
The pressing group discussion was reserve by INB100 CEO Kim Dong - jun and chairwoman Cha Ga - won , the latter of whom is also a Centennial State - father INB100 ’s parent fellowship .
This was the recording label ’s effectual illustration , lee jae - hak , was also in attending to utter on behalf of the caller and baekhyun , chen and xiumin .
“ dialogue with SM Entertainment , made on behalf of CBX in the first one-half of last class , have discover down .
We have been take sound action at law , include the conclusion of CBX ’s undivided contract bridge , since June [ 2023 ] , ” Lee tell insistence , perNewsen .
This was “many citizen and fan will commemorate that subsequently , both side renegotiate and settle the billet with an prescribed argument .
”
# dive into sm
This was the printing press group discussion was take for by inb100 ceo kim dong - jun and chairperson cha ga - won , the latter of whom is also a centennial state - beginner inb100 ’s parent party .
The recording label ’s effectual congresswoman , Lee Jae - hak , was also in attending to verbalise on behalf of the companionship and Baekhyun , Chen and Xiumin .
“ negotiation with SM Entertainment , made on behalf of CBX in the first one-half of last twelvemonth , have break down .
We have been have sound military action , include the expiry of CBX ’s undivided declaration , since June [ 2023 ] , ” Lee tell insistency , perNewsen .
“Many citizen and fan will think of that after , both side renegotiate and settle the post with an prescribed financial statement .
”
INB100 ’s executive director and sound guidance then take that despite preceding negotiation with SM Entertainment , the kilobyte - pa office has “ convert its view ” and “ default on on the 5.5 per penny record album statistical distribution fee it promise ” .
They also aver that MSc are now “ exact 10 per centime of sale from creative person ’ personal bodily process ” .
“ We are claim unjust activity .
Therefore , we are ask MS to kibosh require 10 per centime of sale from artist because SM endure back on the damage of the accord predict last twelvemonth , ” the INB100 executive director say , sum that the charge per unit at which CBX have been receive their distribution has been “ the burden of the battle with SM ” .
This was “ cbx think in sm ’s condition when it guarantee the [ harmonize - upon ] statistical distribution reception charge per unit , ” they enounce , claim that the pace the exo terzetto correspond to was made verbally .
“ We have divulge a transcription of [ SM Entertainment ] COO Lee Seong - soo state these condition during the understanding , ” their sound counseling suppose .
# dive into CBX
“ We are exact unjust action mechanism .
Therefore , we are demand Master of Science to halt require 10 per penny of sale from creative person because SM go back on the term of the correspondence predict last yr , ” the INB100 executive say , bring that the charge per unit at which CBX have been receive their distribution has been “ the pith of the difference of opinion with SM ” .
This was “ cbx believe in sm ’s condition when it guarantee the [ fit - upon ] statistical distribution reception pace , ” they sound out , claim that the pace the exo triad concord to was made verbally .
“ We have divulge a transcription of [ SM Entertainment ] COO Lee Seong - soo say these experimental condition during the correspondence , ” their effectual counsellor articulate .
This was “ after sign the understanding , the three masses dissolve all sound issue , admit pull back the report card to the fair trade commission , believe that the term of the arrangement present by sm would be meet .
This was they also each hold up a great sedimentation in the freshly sign replacement contract bridge , ” inb100 preserve .
INB100 and their effectual counselling also say that there was a article in the understanding put forward that CBX are oblige to recompense SM Entertainment 10 per centime in royalty from their solo activity , despite both political party both check to 5.5 per penny in a old concord .
“ We are not oblige to yield SM the 10 per centime of sale observe here because CBX build their own recording label and severally raise sale under their own name , ” INB100 add .
This was inb100 and its effectual counselling round off by reiterate their posture from contract bridge negotiation with sm entertainment last twelvemonth : “ cbx would care to look back the small town information tie in to their subsist contract bridge [ with sm ] .
We involve that MS put up the ask data instantly .
This was if the above necessary are not fill , cbx and inb100 will quest after sound military action .
”
