If I can summarize the statements released today...
1. The settlement details requested by Kim Jongdae Byun Baekhyun and Kim Minseok (hereinafter referred to as CBX) can be viewed by experts at any time and for any number of days. A copy can be provided by writing a confidentiality memorandum because it contains the contract details of other members (CBX refused to even view the settlement and kept demanding to provide a copy while refusing the confidentiality memorandum).
2. The automatic extension of the contract if the number of albums is not met (a contract clause often used by other companies to protect artists).
3. CBX contacted a large law firm for about a year reviewed and re-signed their exclusive contract (but now they are calling it a slave contract because the term is too long).
4.The settlement rate contract information of the other EXO members is included, so the other members' consent was sought and settlement data was provided.
(This could be fatal to both EXO and the agency if the information gets to other agencies, but CBX demanded that they use a non-disclosure agreement.
It's understandable for SM to wonder if they're being taken over by an outside force.
SM kept asking if the three artists have signed dual contracts with third parties, which is a violation of the new contract (CBX ignored the question).
I feel sorry for the remaining members of EXO. They agreed to risk their entire salary contract being leaked to save EXO.
Suho, D.O, Chanyeol, Kai, Sehun, fing strength.
CBX want to leave SM because they want to get a higher settlement rate, but they already signed the contract renewal and the penalty was too high, so they filed a complaint against SM with the Fair Trade Commission, claiming they're under a slave contract. They are taking the same route as the pigeons who flew to China.
post response:
[+429][-117]
original post: here
1. [+165, -12]
In the end, they saw the money and these three went with MC Mong
(T/N: post is talking about MC Mong founding BPM with a CEO from the construction industry. The twho are known to be best friends and lured CBX in by saying that they'll pay them more. MC Mong has a lot of enemies in the industry because they keep stealing artists from other companies. BPM recruited Kasper. CBX are leaving because BPM is offering them more money.
Baekhyun: Kasper choreographed for EXO's title song this time too!)
2. [+129, -1]
I don't know about the other things but isn't it obvious that their contract term would start after their debut day rather than when they started being trainees? Then if they were unhappy with the company and left 1 year after debut, what does that make the company?
3. [+123, -1]
I just read CBX's statement and they mentioned over 8 times to change the contract terms. They were told by the lawfirm to change the terms but even among Soshi, a few members didn't renew but were able to promote with the group no? If they were the ones who resigned the contract, why backstab the company? From then, it seems like they were just trying to get out of there by pointing out everything that SM did wrong.
4. [+104, -6]
You guys can't even refute this so you're just downvoting the post
5. [+66, -6]
Baekhyun said that he's been "gaslit by SM" and was cosplaying as the victim in his statement but his statement was inconsistent and full of nonsense so it just left everyone confused
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