Fans of boy group EXO were dealt a triple whammy on Thursday after members Baekhyun, Chen and Xiumin announced they have ended their exclusive contracts with SM Entertainment and will be taking legal action against them for overdue payments and unreasonable deals., Lee Jae-hak – the lawyer representing Baekhyun, Chen and Xiumin – stated that SM Entertainment had been “unfair in regards to the artists’ exclusive contracts”.
He added: “It is the artists’ legal right to request accurate and transparent documentation of settlement grounds which have not been previously settled. SM is legally obligated to comply with the artists’ contracts as well as the Cultural Industry Promotion Act. Despite that, SM maintains that they will not provide copies of this information.”
“When considering the lengthy trainee period, SM Entertainment is coercing artists into, what can only be described, as so-called slave contracts lasting over 20 years.”
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