It has been about two weeks since NewJeans sent its final notice to management office ADOR and HYBE.
After all the members of "NewJeans" opened the YouTube channel "nwjins", they held a live broadcast titled "What NewJeans Wants to Say."
The dispute between the two parties, which began in April when HYBE raised suspicions of taking over management rights of ADOR, the former CEO of ADOR, Min Hee Jin, is still ongoing.
Through this live broadcast, the band broke their silence and revealed their position for the first time regarding the conflict surrounding HYBE's Min Hee Jin.
The members of "NewJeans" said, "What we want is a true ADOR that integrates management and producing."
They demanded that former CEO Nh Hee-jin be reinstated to her position. They also said, "If our opinions are conveyed well, Chairman Bang (Si Hyuk) and HYBE will come up with a wise plan to return ADOR to its former form by the 25th.
"I hope you will make a decision," he said, sending a final warning. Prior to this, ADOR announced last month that Min Hee Jin had been dismissed as CEO.
After the directors were dismissed, new internal directors were appointed at the recommendation of HYBE. Then, the board of directors decided that former CEO Min Hee Jin would step down from her position.
In response, Min Hee Jin's side claimed that it was a "unilateral notice." After the "New Jeans" "ultimatum" live performance, Min Hee Jin's side filed a lawsuit against the former CEO,
After being reappointed as a director of ADOR, the company filed an application for a provisional injunction to the effect that NewJeans should be appointed as the representative director. Attention is focused on whether HYBE will respond to this.
However, at HYBE's first extraordinary shareholders' meeting held on the 12th, newly appointed CEO Lee Jae Sang said, "It took time, but we are responding calmly and according to principle," and "HYBE is
"We are a company that abides by principles and pursues ethical management, and this foundation has not changed. Looking back now, those who abide by the principles will be the ultimate winners."
HYBE stated that they have consistently applied this rule to labels that have created an organization where management and producing are separated, but ADOR has been an exception until now.
In response to this, speculation grew that the new CEO of HYBE had rejected NewJeans' request.
Some have warned that if NewJeans does not receive a response from HYBE, it may go as far as to file a lawsuit to terminate the exclusive contract.
With the fateful day for NewJeans approaching, attention is focused on what decision NewJeans and HYBE will make.
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2024/09/24 18:30 KST
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