Their statement also noted that the label offered singers to sign 12- to 13-year contracts with the label, which is said to be longer than the government’s standard seven-year contract.
Despite this, the EXO members apologized to fans for causing “great concern” in the statement, as they noted that they will do their best to “resolve their dispute” with the label. “The attempt by outside forces is an obvious illegal act, and there is also a hidden intention to disintegrate the existing team by instigating conflict between the company and artists and between artists and artists,” SM said, per a Daum report. “It is not only an unacceptable attempt to fundamentally destroy it, but also an illegal act that must never be forgiven for the sake of a healthy future for the entire K-pop industry.
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