150

71

News

NewJeans side hits back and says the profits they accumulated have well exceeded ADOR's investment

AKP STAFF
Posted by Demian09 Friday, December 6, 2024 22,741

K-pop group NewJeans has stated in response to ADOR's recent lawsuit seeking to confirm the validity of their exclusive contract. The group criticized ADOR's actions, calling them "irrational and inhumane," especially given the breakdown in trust and contractual violations.

In a statement released on December 6, NewJeans members MinjiHanniDanielleHaerin, and Hyein expressed their dismay, stating, "Forcing us to work for an additional five years despite the collapse of our trust and ADOR's breaches of contract is not only unreasonable but also inhumane."

The members further argued that ADOR has failed to adequately claim there were no breaches of the exclusive contract, repeatedly insisting that the termination is impossible until the company's support and investment are recouped. "We have already returned profits exceeding the initial investment to ADOR and HYBE," NewJeans stated.

NewJeans also accused HYBE of attempting to undermine their value through malicious activities and reverse marketing, with ADOR allegedly allowing such actions under new management. "It's as if the company, which is supposed to protect us, is producing its negative comments," they claimed.

According to NewJeans, the exclusive contract stipulates that if ADOR fails to fulfill its contractual obligations, the contract can be terminated. "As outlined in the exclusive contract, there is no longer a reason to work with ADOR and HYBE," they emphasized.

The group declared, "As of November 29, 2024, we are no longer affiliated with ADOR. ADOR cannot interfere with or intervene in our activities."

Earlier, on November 13, NewJeans had sent a notice to ADOR, demanding the rectification of contract violations, including the return of former ADOR CEO Min Hee Jin, within 14 days or face termination of the contract.

Subsequently, on November 28, the group held an emergency press conference at 8:30 PM, stating, "NewJeans is an artist under ADOR, and ADOR is obligated to protect NewJeans. However, ADOR has neither the will nor the capability to protect us." They formally announced the termination of their contract effective November 29.

On December 3, ADOR filed a lawsuit at the Seoul Central District Court seeking to confirm the validity of the exclusive contract. ADOR explained, "We made this unavoidable decision to clarify to both the artist and various stakeholders that an exclusive contract cannot be lightly terminated based on one-sided claims."


SEE ALSO: Min Hee Jin to appeal labor office's workplace harassment fine

Shop the story
New Jeans Cover : Billboard Artist Magazine
$38
[WEVERSE POB] NewJeans - 2nd Single [How Sweet] (Standard ver.) (SET)
$125
  1. Min Hee Jin
  2. NJZ (NewJeans)
  3. Danielle
  4. Haerin
  5. Hyein
  6. Hanni
  7. Minji
22,741 Share 68% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Kim Sae Ron, Kim Soo Hyun
Buzz
Kim Sae Ron, Kim Soo Hyun
Sulli, Han Ji Eun, Hyun Bin, Kim Soo Hyun
Kim Soo Hyun
NCT WISH
NCT, Mark
Park Bo Young
Yoo Seung Joon
Sulli, Han Ji Eun, Hyun Bin, Kim Soo Hyun
Buzz
BTS, V
BLACKPINK, Rosé
Kim Sae Ron, misc.
Kim Sae Ron, Kim Soo Hyun
New Message

SEND