Source Music has refuted Min Hee Jin's claims about the formation of NewJeans and revealed the label's intent to take legal action against her.
In an official statement, Source Music denies the label copied ADOR CEO Min Hee Jin's launching strategy. The label further states Min Hee Jin is distorting facts surrounding the launching strategy, and they plan to take legal action against her due for damages.
Read Source Music's full statement below.
"Source Music informs you.
The statement distributed by Adore CEO Min Hee Jin today contains false claims related to Source Music, so we have no choice but to state the accurate facts.
1. CEO Min Hee Jin's claim that Source Music copied her launching strategy is false. Source Music has never copied CBO's launching strategy of Min Hee Jin and has never acknowledged the contents of Min's complaint.
2. Chairman Bang Si Hyuk's opinion on the launching strategy proposed by then-CBO Min Hee Jin in May 2020: the idea was to make the proposal a reality through a new team at the label that CBO Min would establish rather than through Team N. Although CEO Min is well aware of the discussions at the time, she is distorting the facts as if Chairman Bang suggested that his launching strategy be realized through Team N.
As CEO Min Hee Jin continues to spread false information related to Source Music, we would like to inform you that we plan to take strong legal action against this case in addition to the damages lawsuit previously filed against CEO Min. We also state that we are willing to disclose the data we hold at any time if necessary to clearly determine the truth.
Thank you."