NewJeans Announces Termination of Exclusive Contract with ADOR, Declares Independence

3 weeks ago 13

Girl group NewJeans has officially announced the termination of their exclusive contract with their agency ADOR as of November 29, 2024. They made it clear at a press conference held in Gangnam-gu, Seoul, that they will no longer be subject to ADOR’s interference. NewJeans argued that ADOR breached the trust relationship and violated contractual obligations, claiming that a five-year extension under such circumstances is unjust.

NewJeans pointed out that ADOR failed to properly explain the breach of the exclusive contract and attempted to prevent contract termination solely for the sake of company support and investment recovery. They emphasized that they have already returned profits exceeding the investment to ADOR and HYBE, revealing that the company attempted to undermine the members’ value through defamation and reverse viral tactics. NewJeans added that ADOR condoned these actions following a change in management.

Citing a clause in the contract that states, “if ADOR fails to fulfill its contractual obligations, the contract can be terminated,” NewJeans declared that their trust in ADOR and HYBE has already been broken. They expressed regret over ADOR’s evasive excuses and the filing of lawsuits, hoping that the truth will be revealed through the trial.

On November 13, NewJeans sent a content-certified mail to ADOR requesting the return of former ADOR CEO Min HeeJin and correction of the exclusive contract violations. Subsequently, on the 14th day after receiving the content-certified mail, ADOR held an emergency press conference to announce the contract termination. In response, ADOR filed a lawsuit with the Seoul Central District Court to confirm the validity of the exclusive contract, stressing that the contract termination cannot be unilaterally carried out.

The legal battle between NewJeans and ADOR is expected to have significant repercussions in the K-pop industry. Fans are closely watching the trial process to uncover the truth behind this incident. Attention is focused on how NewJeans’ future actions and ADOR’s response will unfold.

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.

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