JAKARTA - Former CEO of the ADOR music label, Min Hee Jin, stated that he was willing to release money from the compensation that HYBE had to pay on the condition that the company had to withdraw all lawsuits.
Wednesday, February 25, Min Hee Jin held a press conference in Jongno-gu, Seoul, South Korea. He was willing to release 25.6 billion won, the amount that HYBE had to pay him.
Even so, he gave the condition that HYBE must withdraw all lawsuits, both civil and criminal. The lawsuit in question is related to former ADOR employees, work partners, and members of NewJeans.
It is known that HYBE sued Dolphiners Film, a video production that highlights NewJeans' music video. They also sued Min Hee Jin as well as Danielle and one of Danielle's family members for damages.
"I hope that we as adults can compete through music on stage, rather than in the courtroom," Min Hee Jin said at a press conference the same day.
"All conflicts must end so that there is no noise that disturbs the artists, fans, and families. The five members should be able to be on stage happily," he said.
Min Hee Jin won HYBE's lawsuit over the sale of her shares. The court also did not find HYBE's allegations that Min Hee Jin intended to take NewJeans out of the company.
The accusation of plagiarism of NewJeans is considered valid and the term "copy" in the document is not counted as defamation to other artists.
Min Hee Jin herself has established a new music label called ooak Records and plans to debut their first boy group.
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