COMPLETE EXO Reunion is different subject?
At an emergency press conference the day before, EXO- CBX (Chen, Baekhyun, Xiumin), who accused their former agency SM Entertainment, expressed its position on EXO’s complete activities.
On the 11th, the agency, INB100, said in an official statement, “The press conference on the 10th was first organized to inform SM that it is unfair to pay 10% of sales for individual activities in violation of the agreement,” adding, “It has nothing to do with the continuation of EXO’s activities as a whole, and CBX promises to its fans once again to faithfully do SM and EXO’s activities as a whole.”
Earlier in the morning, a media outlet exclusively reported, “The complete EXO album is virtually in vain this winter due to the conflict between EXO and CBX.” According to reports, EXO had planned to release a full album this winter, but it is expected to be virtually canceled due to the conflict between CBX and SM. The prevailing observation is that they have crossed a river that cannot return to the press conference of CBX. Therefore, it is not expected that it will be easy to meet EXO’s full album this winter before a dramatic agreement is reached again.
Emergency Press Conference
Meanwhile, EXO- CBX’s agency, INB 100, held an emergency press conference on Monday (June 10th). EXO-CBX filed a complaint against SM, claiming that it failed to meet the 5.5 percent Kakao music distribution fee agreed upon through renewal last year. It also claimed that SM unreasonably demanded 10 percent of sales for EXO-CBX’s individual activities and did not provide settlement data. “The essence of this situation is the tampering of Chairman Cha Ga-won and MC Mong,” SM said in a tense confrontation.
Full Context of INB 100 official Statement
The press conference on the 10th was designed to inform the artist that it is unfair to pay 10% of sales for individual artists’ activities to SM who violated the agreement first.
It has nothing to do with the continuation of EXO’s activities as a whole, and CBX promises to the fans once again that SM and EXO will continue their activities as a whole.
Previous article, OVERVIEW of the emergency press conference, CLICK HERE.
