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The idols’ lawyer made the revealtion in a brand new assertion.
Koreaboo
EXO-CBX (Baekhyun, Xiumin, and Chen) requested that every one SM Entertainment artists’ contracts be examined in a brand new assertion.
On June 5, the artists’ lawyer, Lee Jae Hak, revealed that he had made an official criticism to Korea’s Free Trade Commission about SM Entertainment’s practices. The Free Trade Commission is the governing physique in Korea that protects free markets and competitors within the markets throughout the nation.
On June 4, we made an official criticism to the Free Trade Commission about SM Entertainment’s abusive enterprise practices. We reported to the Free Trade Commission that regardless of the fee already issuing corrective orders on October 2007 and January 2011, SM Entertainment had ignored these orders and largely continued its follow of unfair contracts.
— Lee Jae Hak
The lawyer then made a bombshell revelation that he had formally requested an inquiry into all artists’ contracts signed with the label.
We requested that the fee levy strict corrective orders to SM and, moreover, {that a} full investigation be made into all of SM artists’ contracts. In 2023, SM is continuous the actions that the fee had deemed as enterprise malpractice in 2007 and 2011.
— Lee Jae Hak
Lee Jae Hak then acknowledged that SM’s practices, comparable to making the contract’s begin date the group’s debut date and making its contracts a lot much less favorable for its artists in comparison with business norms, had all been deemed as unfair by the Fair Trade Commission.
The lawyer additionally challenged that the size of the contracts was unfairly prolonged via unfavorable contract phrases.
By making the group’s debut date the beginning date for the contract, the time artists spent as trainees had been added to the size of the contract, and thru agreements, the contract was then prolonged for 3 years, and in case you contemplate the time spent within the army, the contracts are 12-13 years lengthy in follow. .
— Lee Jae Hak
The lawyer then additional alleged that, as if that wasn’t sufficient, the label pushed its artists to signal one other extension within the final yr of their contract, and thus in follow, artists signal with the label for 17-18 years. Lee Jae Hak ends his assertion by releasing an announcement from the artists themselves.
We hope that our braveness and efforts will make sure the rights of our hoobaes are protected and that we make a small contribution to a wholesome change within the Pop business.
— EXO-CBX
Previously, the members of EXO-CBX revealed that they’d sued to terminate their contract with SM Entertainment. The label would then accuse Big Planet Made of tampering with its artists, which might be denied by the opposite label. The members, regardless of revealing their intention to go away the label, have since acknowledged that they plan on remaining in EXO in a following assertion.
Stay tuned for updates.
EXO
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Content Source: www.koreaboo.com