Chen Baekhyun Xiumin EXO's Statement After Proposing Contract Termination With SM Entertainment

Shocking news came from three EXO members. Chen, Baekhyun, and Xiumin submitted an exclusive contract termination to SM Entertainment. This statement was made by lawyer Lee Jae Hak from the LIM firm today, Thursday, June 1.

They sent content certification to SM seven times since March 21. They asked for transparency and agreement reports. But until now, the agency did not fulfill an exclusive contract and did not report it by stating it could not give the copy.

This is the minimum and legal right of artists to ask for an accurate and transparent basis for an unclear solution to date, and SM is also obliged to comply with the exclusive contract and the Law on the Development of the Popular Arts and Culture Industry. However, SM ultimately maintained an unfair position by stating that they could not provide a copy of the report, "said Lee Hae Jak's statement.

After successfully making artists sign a 12-13 year contract, they are now encouraging their artists to extend their contracts to 17-18 years. This is considered a abuse of power.

Related to this, artists feel that SM is using their superior position to force artists to sign slave contracts that last for 20 years, including a training period that is not far away. Artists want to convey the injustice they cannot convey through the following statement, "said the agency.

Several points in the statement according to the paragraph above, however, they added that several points such as the agency were deemed to have failed to fulfill their obligations in paying their artist's rights. Because SM could not fulfill it, the three members filed for an exclusive contract termination as of June 1.

Seperti dalam kasus artis (Baekhyun, Xiumin, dan Chen), jika laporan penyelesaian dan dasar penyelesaian belum diberikan kepada artis SM lain, ini bukan hanya masalah bagi Baekhyun, Xiumin, dan Chen tetapi juga masalah potensi untuk semua artis di bawah SM, lanjutnya.

"Actually, it is very difficult for Baekhyun, Xiumin, and Chen to file lawsuits against big companies like SM, but they do it with the thought and courage that this is also for [clarification] of the doubts that SM artists feel a lot," he said.

Chen, Baekhyun, and Xiumin have signed contracts for 12 to 13 years with SM. This duration lasted seven years according to the rules and could be detrimental to artists. Xiumin and Chen, who were originally planned to be active in China, actually signed a contract with a duration of more than 10 years, past the actual distance of the contract.

On the same day, SM Entertainment released a statement. They suspect that there are outsiders who influence Chen, Baekhyun, and Xiumin's decision when applying for an exclusive contract termination.

Chen, Baekhyun, and Xiumin who are active as EXO members are also active in solo activities both as actors and singers. Reportedly EXO is scheduled to release a new album this year.