It was reported that HYBE has secured data that Ador CEO Min Hee-jin leaked key HYBE internal data to a third party.
On May 3, the channel "Entertainment Vice President Lee Jin-ho" posted a video titled "Min Hee-jin's NewJeans Contract Termination Rights, a Creepy Twist."
Regarding the right to terminate the exclusive contract of Ador artists, which is said to have been requested by CEO Min Hee-jin, Lee Jin-ho said, "She invested 16 billion won and set up the members and gave them a 18% stake, but is there a difference between the right to terminate the exclusive contract? Does this make sense? Isn't there a KakaoTalk that CEO Min Hee-jin shared with the vice president? In a situation where he agreed to turn the company into a shell, the part that asked for the right to terminate the exclusive contract crossed the line."
Lee Jin-ho also said, "In the course of the interview, we confirmed an interesting fact. So far, the data that has appeared in the media is not everything. It is said that CEO Min Hee-jin leaked HYBE's internal core data to a third party and shared Ador's personnel data with a third party. Even if the proposal to turn the company into a shell was not carried out directly, it is possible to talk about the issue of resignation to CEO Min Hee-jin on this issue alone," he said, adding, "Of course, these contents can only be concluded through actual negotiations in court."
Netizen reactions:
Source: Newsen via Nate
[+195, -30] Hybe never releases their facts, only random pieces of bits and things pieced together ㅋㅋ I'll never believe Bang Shi Hyuk ㅋ
[+161, -14] Look at this crazy media play even before trial's begun
[+171, -19] Fight this out in court. Unless Bang Shi Hyuk is going to open his own press conference and reveal every piece that they have to the public like Min Hee Jin did, I don't want to hear anything about it. By the way, where's your lawsuit against Dahn World for using your artists' names allegedly without your consent? Since when were your names allowed to be used like that without consent
+51, -5] Hybe's treating the media like their personal lawyer
[+5, -0] He said, she said, none of it matters, let the court decide
[+2, -0] Min Hee Jin called Hybe out demanding them to reveal the name of the third party they're claiming she met with but Hybe has stayed quiet and media plays about everything else ㅋㅋㅋ All the ajusshis who own Hybe stock are running around in the comments like "omg Hybe has evidence on her" but with a trillion won lost in market capitalization, why would Hybe wait to reveal their evidence in court instead of now ㅋㅋㅋㅋㅋ It's not like the court will deny evidence just because it was revealed before trial ㅋㅋ
[+1, -0] Judging by how Hybe refuses to circle back to all the media play they were doing before the press conference ㅋㅋㅋ I'm just going to chalk this up to more media play from them too
"He said, she said, none of it matters, let the court decide."
This. Lets' be honest, none of us have any idea what's going on/what happened because it's HYBE's word against MHJ's. Just leave it to the court and see what happens.
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