JAKARTA - EXO-CBX or Chen, Baekhyun, and Xiumin stated that they are still active and are part of the EXO group under SM Entertainment. Despite their reports, the three are determined to continue their plans.
On Monday, June 10, representatives of EXO-CBX held a press conference explaining alleged violations of the agreement made by SM Entertainment. They said the request for 5.5% of the promised music distribution income was not provided by the agency.
On the other hand, SM Entertainment asked for a 10% share of Chen, Baekhyun, and Xiumin's individual income at their new agency, INB100. SM Entertainment responded with part 10% being the result of a business agreement determined in court mediation.
Today, Tuesday, June 11, South Korea's outlet reported EXO plans to release a new album in winter and the plan has been discussed since the beginning of this year. However, due to this conflict, it seems that the plan is likely to be canceled.
EXO-CBX agency INB100 denied the report. They stated their press conference had no impact with their third plan as EXO members.
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"The press conference on June 10 was held to inform the public that it is unfair to pay a 10 percent individual member income to SM which violates the agreement," said INB100.
"This has nothing to do with the continuation of EXO group activities, and CBX (Chen, Baekhyun, and Xiumin) promised once again fans that they would participate in EXO groups with SM in the future," they continued.
SM Entertainment also gave their short response, confirming EXO's new album plan this year.
"It's true that we are planning a new album. There has been no discussion about changing the plan," said SM Entertainment.
Chen, Baekhyun, and Xiumin are active in EXO activities ranging from promoting their latest album, EXIST to attending a fan meeting to celebrate their debut this year.
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