26

0

General

Contractual dispute between SM and Kris and Luhan finally draws to a close

Posted by jubilantj182 pts Thursday, July 21, 2016
Luhan, Kris

Kris and Luhan's contractual dispute with former agency SM Entertainment has at last drawn to a close. 


The court recommended for the two parties to reconcile, and the final agreement dictated that Kris and Luhan's exclusive contracts with SM Entertainment stay in force until 2022 as was originally written up. 


SM's representative law firm announced through an official press release on July 21, "We cannot disclose the details of the agreement but in accordance to the court's ruling and the agreement of the parties involved, Kris and Luhan's exclusive contracts will be effective until 2022 as originally contracted." 


SEE ALSO: "Is this the Big 4 'privilege'?" K-netizens react to Hearts2hearts member becoming a music show MC before debuting


The press released further revealed, "Kris and Luhan, excluding areas in Korea and Japan, will entrust jurisdiction rights entirely to SM Entertainment, and Kris and Luhan will share a part of their revenues with SM Entertainment. Needless to say, [Kris and Luhan] will not promote as members of EXO." 

  1. Luhan
  2. Kris
  3. SM ENTERTAINMENT
0 233,186 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Koo Jun yup (DJ Koo)
misc.
Buzz
Hearts2Hearts
Son Suk Goo
BLACKPINK, Rosé
D.O., Han So Hee
Cho Jin Woong, Kim Hye Soo, Lee Jae Hoon, misc.
misc.
Koo Jun yup (DJ Koo)
KiiiKiii, misc.
misc.
A.C.E, B.A.P, CIX, CLC, CRAVITY, Cross Gene, Dreamcatcher, Nine Muses, Pentagon, PRISTIN, The Rose, VICTON, Weki Meki
Cho Jin Woong, Kim Hye Soo, Lee Jae Hoon, misc.
Hearts2Hearts
New Message

SEND