On the 25th, ADOR held a board meeting and decided to push for the extension of the term of the former CEO Min Hee Jin as an internal director. ADOR has asked former CEO Min Hee Jin to continue the project of "NewJeans" for the next five years.
"The board of directors discussed today that it is currently not possible to accept his request to return to the position of representative director," he said.
The government rejected the demands of the New Jeans side. At the same time, the government said, "The status, period and authority of the PD (Producer) in charge of the production of New Jeans have not been fundamentally guaranteed.
We hope that discussions will be held in the future regarding the specific terms of the agreement. We would like to ask NewJeans members to send us emails in response to the matters discussed at today's board meeting and to any questions or comments they may have.
On the 11th, NewJeans announced on a live broadcast that HYBE will return to the original ADOR group, which has integrated management and producing, until the 25th.
Former CEO Min Hee Jin also made it clear that she could not accept ADOR's position.
On the morning of the 11th, the company revealed that it had proposed to former CEO Min Hee Jin that she take on the production of "New Jeans" for the next five years. However, she refused to extend the contract.
There were only some hints at the possibility of a compromise, but no sincere proposals were made to remove the numerous toxic clauses, such as the unilateral right of termination, that were in the draft. The expression "presentation of a compromise" is nothing more than nonsense.
Min Hee Jin also pointed out HYBE's manipulation of the media, saying, "We are extremely angry at ADOR for repeatedly inciting the public and public opinion through transparent lies.
I am deeply saddened by the damage caused to artists by this. I hope that the ADOR board will show integrity and enter into sincere discussions before engaging in media play.
"For the sake of the success of the technology, we strongly demand that Min Hee Jin, the former CEO, be reinstated to her position as CEO," he said.
"NewJeans" and former CEO Min Hee Jin's side were unable to narrow the gap in their opinions. Is the relationship between the two sides over? Attention is focused on how the situation will develop.
2024/09/25 19:29 KST
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