[theqoo/instiz] SM "EXO BAEKHYUN X CHEN X XIUMIN, NO ISSUES IN THEIR SALARY... NOTICE OF TERMINATION AFTER CONTRACT RENEWAL"

SM Entertainment makes second statement, claiming that all artists can review records of their earnings at any time

SM Entertainment has issued a second statement of response to the legal action taken by EXO members Baekhyun, Xiumin, and Chen on June 1 KST, legally filing for the termination of their exclusive contracts.

In the second statement, SM Entertainment claimed, "All artists have received their payments under the belief that a record of earnings and balances can be requested at any time for numerous years in the past, without any problems. During the members' contract renewal season, while carrying out fair negotiations as artist and agency on equal footing, Baekhyun, Xiumin, and Chen chose to renew their contracts of their free will. The issue of payments and earnings did not arise during the renewal discussion period."

The label added on, "Although artists have the right to review their earnings and balances at any time, the fact that the artists specifically requested copies of the balance documents suggested that outside forces may be at play."

As a result, SM Entertainment "requested evidence to prove that the artists did not sign multiple exclusive contracts, thereby violating their existing exclusive contracts," however, instead of a response to this request, Baekhyun, Xiumin, and Chen's legal representative took action by filing for the termination of the members' exclusive contracts, the company explained.

Furthermore, SM Entertainment argued that the label is closely following existing regulations surrounding exclusive contracts in the entertainment industry, refuting earlier claims by Baekhyun, Xiumin, and Chen that they were not given opportunities to seek other options. SM Entertainment said, "Artists under our label such as Girls' Generation and f(x) have gone on to sign contracts with different agencies. In the case of Girls' Generation, only some of the members have chosen to work under different agencies, but these members still maintain good relations with SM Entertainment. Baekhyun, Xiumin, and Chen were also given the freedom to hire legal representatives during their contract renewal processes, and the renewal was by no means forced."

Finally, SM Entertainment insisted that the company's "greatest goal was to protect its artists, and in doing so protect the love and support of fans." In the agency's initial statement earlier on June 1, SM Entertainment claimed that "outside forces" had come in contact with artists in order to recruit them to management companies elsewhere.

Cr. Allkpop

source: https://entertain.naver.com/read?oid=477&aid=0000432096

original post: here

1. So there are still people who believe this SM statement ㅋㅋㅋㅋㅋㅋㅋ fascinating

2. This is straight up 2009 ㅋㅋㅋ The comments are also the same... Looks like a company gathering here ㅋㅋㅋㅋ And people are giving a pass with their mediaplay againㅋㅋㅋㅋ

3. Why are people shielding SM here??? People really still believe in this injustice? ㅋㅋㅋㅋㅋㅋ This is dumbfounding

4. If they were able to read their settlement income at all time, is there a reason for them to refuse to provide the lawyers a copy of it then...? If they're able to access it, then why not just release it to the public??

5. Ah ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ Look at all the company employees here

6. No but... Shielding this must not be easy

They haven't shown us their pay settlement and didn't even explain the content even once,

Meanwhile they're saying that they'll reveal everything, I don't get it??

It's been over 10 years since I've seen something like that, so I'm not sure I understand what's happening, but isn't it common sense to judge once we have all the evidence??

And Chen, Baekhyun and Xiumin are the ones who are requesting to see their own contracts??

Is SM trying to act as untrustworthy as possible>

7. Those bast*rds call themselves a big agency, meanwhile their handling of issues is more f*cked than the smallest f*cked up companies..

8. Why are people stanning a company..ㅋㅋㅋㅋㅋㅋ If you look at what SM is doing, it's literally modern day slavery, they've been doing this since the old days

9. TVXQ happened 10 years ago, and they're still going a tit

10. The shieldㅋㅋㅋㅋㅋㅋㅋ Sigh wake up

[instiz] SM'S ADDITIONAL STATEMENT

original post: here

1. If they can access it at all times, why not just reveal it..?

2. I can kinda understand what they're trying to say, but why are they always trying to stir emotions with their statements? ㅋㅋㅋㅋㅋㅋㅋㅋ They've been silent all this time, so why all the fuss randomly? They keep going on and on about those "external forces"ㅋㅋㅋㅋㅋㅋㅋ

3. ㅋㅋㅋㅋWow .... Since when does SM ever take care of their artists? ㄷ

If they're able to read their contract, just show itㅠ~~

4. Nothing changed since JYJ

5. Let me summarize everything - Release the contract

Look at the way they're trying to stir emotions right off the bat....ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

6. A mess ㅋㅋㅋㅋㅋㅋㅋ

They're always insisting about external forces all by themselves ㅋㅋㅋ

7. If you treasure your artists, then why not show them their contract?

8. Who wrote this post for SM? Seriously even the person writing those articles aren't good people

9. They're obsessed with external forcesㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

10. Do they think we're fools?ㅋㅋㅋㅋㅋㅋㅋ

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