HYBE promise the full support of New Jeans
Entertainment agency HYBE emphasized the normalization of “ADOR” and coexistence with former ADOR CEO Min Heejin.
HYBE CEO Lee Jae-sang sent an e-mail to executives and employees shortly after the court’s ruling on the 29th, saying, “The seven-month-long turmoil has reached a turning point and the direction of various issues has become clearer,” adding, “The company wants to start normalizing the door quickly. We look forward to meaningful progress in renewing the contract with New Jeans’ producer (former CEO Min Heejin).”
“There will be many difficulties in the process, but the company remains unchanged that it will mobilize its capabilities to support Newzins to become a more global artist,” he said.
In addition, CEO Lee indirectly mentioned the controversy over the HYBE executive report, which was recently released and caused a stir in the industry, saying, “It was an opportunity to realize once again that HYBE has a lot of work to do to become a better company and to continue to open the music industry environment.”
To read about the issue > HYBE suspected to allegedly subscribed YouTuber Sojang, and HYBE paid her monthly? Exposed documents on 28th
“We will make sure to solve the various problems exposed during this dispute one by one, even if it takes time,” he said. “We are also considering personal reform, and we will judge the target and scope of this in consideration of the stability of the company’s operation.”
The Seoul Central District Court’s Civil Agreement Department 50 (Chief Judge Kim Sang-hoon) rejected former CEO Min Heejin’s request for a provisional injunction against HYBE to re-elect her as CEO of Ador.
When the court’s decision came out, HYBE said, “Thank you for the wise judgment,” and added, “HYBE will do his best to normalize the door with this decision.”
Former representative Min Hee Jin said, “The court did not judge whether the contract between shareholders was valid,” adding, “The contract between shareholders signed with HYBE remains valid.”
