NewJeans Announces End of Contract with Ador Starting November 29, 2024

The girl group NewJeans has officially announced the termination of their exclusive contract with Ador. They have stated that starting from November 29, 2024, they will no longer be affiliated with Ador. NewJeans explained that the lawsuit filed by Ador to request the validity of the exclusive contract from the court is “merely a legal procedure” and emphasized that the breakdown in trust is the reason they can no longer work together.

In an official statement, NewJeans claimed that they have earned more than the investment made by Ador and HYBE, and notified the contract termination due to “Ador’s failure to rectify contract violations.” They reiterated their position that Ador, along with HYBE, attempted to devalue them and argued that the breach of contractual obligations led to the immediate effect of the contract termination.

NewJeans mentioned that despite providing a 14-day grace period, Ador failed to address the contract violations and added that they are awaiting the court’s decision. Furthermore, they promised continued musical activities with their fans, stating that “no one can separate us.” NewJeans is determined to reveal the reasons for the termination of the exclusive contract during the legal proceedings with Ador and is resolved for their future endeavors.

Ador has filed a lawsuit with the Seoul Central District Court to legally clarify the termination of the contract with NewJeans. The legal dispute between the two parties is drawing significant attention from fans and industry insiders, as they are keen to see how it unfolds.

This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.