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EXO's Chen, Baekhyun, and Xiumin are suing SM Entertainment over profit distribution after the trio signed with INB100, an independent label founded by Baekhyun, for individual activities.On June 10, representatives from INB100, the agency that manages the trio’s unit and individual activities, held a press conference to state that SM Entertainment was allegedly collecting 10% of the artists’ profits from their solo activities rather than the agreed upon 5.
This move prompted Chen, Baekhyun, and Xiumin to file their own lawsuit against SM Entertainment the next day, on June 14, stating that they would “reveal everything,” along with all they had negotiated in 2023.
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