Baekhyun, Chen, and Xiumin of K-pop group EXO have filed for the termination of their contracts with SM Entertainment. , LIN—the law firm representing the EXO members—said on Thursday, June 1 that the notice has been sent to the management, including “a total of seven requests for documents detailing the earnings and payments of all three artists from March through May.”
Looking into some issues with their earnings within the said period, the singers asked for a copy of official records of the agency’s income, which Allkpop referred to as their “fundamental right as artists.” Their management, however, denied their request. LIN wrote in the notice that SM Entertainment “forced” its talents to stick with their exclusive contracts for 12-13 years and made them renew their agreements “prematurely” for an extension of up to 17-18 years.
The law firm also explained that the EXO members are pushing for a legal case against their management due to the unfair “slave contracts” and to serve as “spokespersons” to their artists who are in the same situation as them under the agency. , saying they “have confirmed the presence of outside forces approaching our agency’s artists, providing them with false information, false court documents, and irrational offers.
"Despite a complete lack of genuine thoughtfulness toward the artists, these outside forces are using groundless rumors, libel and slander, and sweet talk to coerce our artists into violating their exclusive contracts or signing multiple contracts, engaging in clearly illegal activities,” they said.
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