Tag: EXO-CBX

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EXO-CBX Members Sue SM Entertainment Executives Over Broken Promises

EXO-CBX and their agency, INB100, have escalated their legal battle against SM Entertainment executives by filing a counter-lawsuit alleging fraud amidst a contentious dispute over financial agreements. This conflict began when Chen, Baekhyun, and Xiumin, members of the popular sub-unit EXO-CBX, departed from SM Entertainment last year, triggering a series of negotiations and legal actions.

EXO-CBX vs. SM Entertainment on breaching agreement

The controversy intensified on June 10 when INB100, representing the former EXO members, held a press conference accusing SM Entertainment of breaching a previously agreed-upon 5.5% music record distribution fee. They further claimed that SM Entertainment unfairly demanded 10% of sales from EXO-CBX’s individual activities while withholding crucial settlement data.

In response, SM Entertainment refuted these allegations, asserting that the EXO members continue to benefit from the group’s brand and legacy. On June 12, SM Entertainment retaliated by filing a lawsuit against Chen, Baekhyun, and Xiumin, contesting the terms of their departure and subsequent financial arrangements.

Amidst the legal back-and-forth, EXO-CBX issued a statement on June 14, addressing the dispute and revealing efforts to propose an alternative agreement concerning payment for the use of SM Entertainment’s music, assets, and brand. They expressed frustration that their proposal was ignored, leading to SM’s lawsuit.

In their statement, EXO-CBX and INB100 vowed to cooperate fully with authorities, pledging to disclose all relevant details, including last year’s negotiations, to substantiate their claims. They also indicated their intent to challenge SM Entertainment’s profit distribution practices in court, asserting that the agency’s financial system is flawed. The outcome of this legal battle could have significant implications for the relationship between artists and management companies in the K-pop industry.

Recently, Chen has released his solo, “Empty,” which serves as his first comeback song under a new label. Empty is a ballad featuring gentle piano tones and melody that evokes a sense of loneliness and emptiness. INB100 also announced on June 20 that Baekhyun will have his encore for his 2024 Baekhyun Asia Tour ‘Lonsdaleite [dot].’

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EXO-CBX’s ‘Moon Lovers: Scarlet Heart Ryeo’ OST MV Hits 100M Views

EXO-CBX’s “Moon Lovers: Scarlet Heart Ryeo” OST track “For You” has achieved a remarkable milestone on YouTube! The music video for the beloved song has just reached 100 million views!

EXO-CBX ‘Moon Lovers: Scarlet Heart Ryeo’ OST Track Gets 100 Million Views

As of June 22 at approximately 10 p.m. KST, the music video for “For You”—sung by Chen, Baekhyun, and Xiumin—surpassed 100 million views. This milestone was reached about 7 years, 9 months, and 28 days after the video’s initial release on August 25, 2016.

“For You” is a beloved song from the soundtrack of the hit 2016 drama “Moon Lovers: Scarlet Heart Ryeo,” which featured EXO’s Baekhyun along with IU, Lee Joon-gi, and Kang Ha-neul. The drama tells the story of a 21st-century woman who time travels to the Goryeo Dynasty, becoming entangled in the power struggles and romantic entanglements of the royal family.

EXO-CBX’s Legal Fight

In related news, the EXO-CBX members—Baekhyun, Chen, and Xiumin—are currently involved in a legal dispute with SM Entertainment, their management agency. The conflict arose over allegations of unfair profit distribution, with the members accusing SM Entertainment of failing to honor an agreed-upon 5.5 percent music distribution fee for INB100. This issue led the idols to announce their intention to sue the agency.

In response, SM Entertainment has counterclaimed that EXO-CBX voluntarily terminated their exclusive contracts ahead of schedule, adding complexity to the ongoing legal battle. The dispute has also captured the attention of fans and the broader entertainment industry, highlighting the ongoing challenges and negotiations between K-pop artists and their management companies.

The milestone achievement of “For You” on YouTube also serves as a reminder of the enduring popularity and impact of EXO-CBX’s music, even amidst their current legal issues. Fans continue to show their support for Chen, Baekhyun, and Xiumin, celebrating their musical successes while also backing them in their fight for fair treatment.

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EXO Suho Opens Up About EXO-CBX vs SM Entertainment Situation

Suho is finally breaking his silence on the whole EXO-CBX vs SM Entertainment situation. The EXO leader recently shared his thoughts on the legal battle between his group members and their former company.

Suho Discusses Thoughts on EXO-CBX vs SM Entertainment Situation

On June 14, Suho met with TenAsia to share various stories about MBN’s “Missing Crown Prince”. When asked about his thoughts on the whole situation between Baekhyun, Xiumin, and Chen, and his current company, Suho chose his words carefully.

“I actually learned about the situation through the news. I was shocked and very upset. Above all, I was worried about the fans. Last year, our fans went through a similar situation. I remember how heartbroken and upset they were. With this happening again, I am also feeling uneasy, and I can tell that the fans are not feeling good about it.”

Suho also expressed his regret about how the legal dilemma would affect EXO fans.

“I want to take this opportunity to apologize to the fans for such an incident happening.” He added, “We were preparing a winter album. With Sehun and Kai expected to be discharged from the military next year, we were gradually making plans with SM Entertainment.”

The Ongoing Legal Battle

EXO’s Baekhyun Chen and Xiumin have previously taken a decisive step in their ongoing conflict with SM Entertainment. The EXO-CBX members have announced their plans to sue the agency over allegations of unfair profit distribution.

They also took the opportunity to apologize to their fans for the turmoil and uncertainty that the dispute has caused. As EXO-CBX and SM Entertainment prepare for their court showdown, fans and industry observers alike will be closely watching to see how this conflict unfolds and what implications it may have for other artists and agencies in similar situations. The outcome of this lawsuit could potentially reshape the dynamics of artist management and contract negotiations in the K-pop world.

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EXO Baekhyun Chen and Xiumin Apologize to Fans for SM Lawsuit

EXO’s Baekhyun Chen and Xiumin have taken a decisive step in their ongoing conflict with SM Entertainment. The EXO-CBX members have announced their plans to sue the agency over allegations of unfair profit distribution.

Baekhyun Chen and Xiumin vs SM Entertainment

Earlier this week, the EXO-CBX members held a press conference to voice their concerns, accusing SM Entertainment of failing to honor an agreed-upon 5.5 percent music distribution fee for INB100. They further argued that SM Entertainment’s demand for 10 percent of their earnings from solo ventures was unjust. This press conference highlighted the deep-seated issues between the artists and their former management.

SM Entertainment responded with a counterclaim, stating that EXO-CBX had voluntarily terminated their exclusive contracts ahead of schedule. According to the agency, the trio had signed an agreement that stipulated they would remit 10 percent of their individual activity revenue to SM Entertainment as a condition for early contract termination. SM Entertainment asserted that there was no clause regarding a distribution fee in the final agreement, as the agency purportedly lacked the authority to determine such a fee.

The situation escalated further when SM Entertainment declared on June 13 that they would pursue legal action to ensure EXO-CBX adhered to the terms of their agreement. The announcement came after a series of additional statements from both parties, each attempting to clarify their stance and justify their actions.

EXO-CBX Statement Includes Apology to Fans

On June 14, Chen, Baekhyun, and Xiumin issued a new statement, revealing their decision to sue SM Entertainment over the disputed profit distribution. In their statement, the trio expressed their frustration with the agency’s practices and reiterated their commitment to seeking justice through legal channels.

“As SM has filed a lawsuit first, we will actively participate by revealing everything, including our negotiations from last year.

“Additionally, regarding the distribution of profits that we had always doubted, we will file a lawsuit against SM over the distribution of profits. Through this lawsuit, we will assert our just rights by receiving accounting and profit-distribution data as decided by the law and our exclusive contracts. We will also reveal to the court that SM’s profit-distribution system is wrong.

“Also, through our complaint to the Fair Trade Commission regarding the unfairness of our exclusive contracts, we will receive a proper judgment from the law.”

They also took the opportunity to apologize to their fans for the turmoil and uncertainty that the dispute has caused.

“To our fans who always send us love and support and should only receive joy [in return], we feel truly sorry for bringing you anxiety and disappointment due to the same issue as last year.

“In the future, we will minimize releasing official statements, and we will try to resolve this situation quickly.

“Also, we promise to remain a Chen, Baekhyun, and Xiumin who can forever be together with you through the precious memories we’ve made with you all.”

This legal battle marks a significant chapter in the ongoing struggle for fair treatment and transparency in the K-pop industry. As EXO-CBX and SM Entertainment prepare for their court showdown, fans and industry observers alike will be closely watching to see how this conflict unfolds and what implications it may have for other artists and agencies in similar situations. The outcome of this lawsuit could potentially reshape the dynamics of artist management and contract negotiations in the K-pop world.

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Baekhyun, Xiumin, and Chen Issue Statement Regarding EXO Activities

EXO’s Chen, Baekhyun, and Xiumin (collectively known as EXO-CBX) recently provided clarifications regarding their EXO activities amidst an ongoing dispute with SM Entertainment.

EXO-CBX vs SM Entertainment

On June 10, representatives of Chen, Baekhyun, and Xiumin held a press conference to outline the alleged breach of settlement terms by SM Entertainment. During the conference, the representatives accused SM Entertainment of failing to honor a 5.5 percent commission rate for albums and music guaranteed to INB100, the label managing EXO-CBX’s individual activities. Furthermore, they alleged that SM Entertainment was demanding an unfair 10 percent of the artists’ revenue from individual activities, such as solo albums, concerts, and advertisements. Despite sending a certification of contents to SM Entertainment in April regarding the breach, they had not received a reply.

In response, SM Entertainment issued a statement refuting the claims made by EXO-CBX’s representatives. They asserted that they had not breached any settlement terms and maintained that their actions were within the bounds of the agreed terms.

Will EXO-CBX Still Participate in Future EXO Activities?

On June 11, a media outlet reported further developments regarding EXO’s planned activities. It was revealed that EXO had been in discussions to release new music in the winter, with talks taking place since the beginning of the year. However, due to the ongoing dispute between Chen, Baekhyun, and Xiumin and SM Entertainment, the plans for this release are now uncertain. The media outlet suggested that the conflict has cast doubt over the feasibility of the winter release, potentially delaying the group’s plans.

Since then, EXO-CBX issued a statement through their agency INB100 confirming their commitment to EXO and the group’s future activities.

“The press conference on June 10 was held to publicly inform that it is unfair to pay 10 percent of the artists’ individual earnings to SM, who first breached the agreement,” it read. “This has no relation to the continuation of EXO’s full group activities, and CBX (Chen, Baekhyun, and Xiumin) promises once again to fans that they will earnestly participate in EXO’s full group activities with SM in the future.”

Similarly, SM Entertainment addressed the issue with a statement. “It is true that we are planning [the release of EXO’s music]. There has been no further discussion about changes to the plan,” it read.

As both sides navigate the dispute, the hope remains that a fair agreement can be reached, ensuring that EXO can move forward with their planned activities and continue to deliver the music that has garnered them a dedicated global fanbase.

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EXO-CBX Reveals SM Entertainment’s Alleged Breach Of Settlement

EXO-CBX is continuing to fight against SM Entertainment. The legal representatives for Baekhyun, Xiumin, and Chen have just revealed details about their former company’s alleged breach of settlement in a press conference.

EXO-CBX’s Legal Representatives Expose SM Entertainment’s Alleged Breach of Settlement

On June 10, representatives of EXO’s Chen, Baekhyun, and Xiumin, collectively known as EXO-CBX, held a press conference to address their ongoing dispute with their former agency, SM Entertainment. P_Arc Group chairwoman Cha Ga Won, INB100 CEO Kim Dong Joon, and attorney Lee Jae Hak attended the event. INB100 is currently managing the individual activities of the three artists.

During the conference, attorney Lee Jae Hak presented significant allegations against SM Entertainment, stating that the agency had attempted to breach settlement agreements previously established with EXO-CBX. He highlighted that SM Entertainment failed to honor the agreed-upon 5.5 percent commission rate for albums and music guaranteed to INB100. Instead, SM Entertainment has been demanding an increased commission rate of 10 percent from the artists’ revenue generated through their individual activities, including solo album releases, concerts, and endorsements.

Attorney Lee Jae Hak elaborated that this move by SM Entertainment constitutes unfair practice. He confirmed that it is not in line with the settlement terms agreed upon by both parties. To address this breach, a certification of contents was sent to SM Entertainment in April. However, despite this formal communication, there has been no response from SM Entertainment, further complicating the situation.

The Fight Continues

The press conference was a critical step for EXO-CBX in making their stance public. It also sheds light on the alleged unfair practices of their former agency. Additionally, it is aimed to gather public support and awareness regarding the challenges they are facing. The dispute also highlights broader issues within the entertainment industry. This includes contract fairness and the treatment of artists.

As the situation develops, fans and industry observers are keenly watching how SM Entertainment will respond and whether the dispute will be resolved amicably or escalate further. The outcome of this dispute could also potentially set a precedent for future contractual agreements and artist-agency relationships in the K-pop industry. For now, EXO-CBX also continues to stand firm in their position, advocating for fair treatment and the rightful fulfillment of their agreed terms.

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EXO-CBX Members Reach Agreement With SM Entertainment

The ongoing legal battle is finally over. EXO-CBX members Xiumin, Baekhyun, and Chen have come to an agreement with SM Entertainment. The members of EXO also issued a joint statement with their agency.

EXO-CBX Members and SM Entertainment Issue Joint Statement

SM Entertainment released a joint statement with the three EXO-CBX members. It confirms that the agency and the idols have resolved their differences and agreed to continue forward as EXO with their contracts.

“Recently, the agency and the agency’s artists continued to publicly raise issues with our different stances. Regarding this, the agency and the three artists sincerely apologize for causing concern to the many people who support EXO,” the statement read.

“Afterwards, the agency and three artists had ample time in which we candidly discussed all the issues,” it continued. “Through this, we resolved the differences caused by misunderstandings, and we are pleased to inform you that we have reached a mutually amicable agreement.”

In the statement, it was confirmed that the EXO-CBX members have discussed the contracts thoroughly with the agency. Moreover, they “will carry out a process of mutually equal discussion as well as corrections” and “promised to strengthen our future relationship further.”

SM Apologizes For Third Party Involvement Claims

SM Entertainment also addressed the “third party” misunderstanding.

“The agency initially received a tip-off that a third party was approaching the three artists with unjust intention, and we stated that this was the main cause of the dispute,” the statement read.

“However, through this discussion, we learned that there was a misunderstanding about the involvement of a third party,” it continued. “We would like to take this opportunity to apologize to those involved for causing concern with our announcement.”

Finally, SM Entertainment stated that the incident gave them the chance to “think about the personal concerns of artists.” They also confirmed it would influence “the direction of our agency’s growth following the launch of SM 3.0.”

“Thanks to fans’ support, we would like to plan the future of SM 3.0 that is more developed and mature,” the statement added. “Under the changed and developed new values of SM 3.0, we will further strengthen and solidify mutual cooperation and respect with our artists.”

Earlier this month, Baekhyun, Xiumin, and Chen notified SM Entertainment regarding the termination of their exclusive contracts. The agency responded by claiming that a third party influenced the termination. Since then, both parties have issued statements responding to each other through the EXO-CBX members’ legal representative.

EXO will release their seventh full album EXIST on July 10, 2023.

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EXO Officially Announces July Comeback Date

EXO is getting ready for a new album. The remaining active members have announced their July comeback date. In addition to that, Kai could still be featured in the album despite his recent military enlistment.

EXO Announces July Comeback Date

SM Entertainment confirmed EXO’s July comeback date in a new statement.

“EXO’s seventh full-length album will be released on July 10,” the statement read. It also revealed that Kai had participated in the new LP.

“As it is an album everyone has put their all into, promotions related to the album will proceed as planned. We will release more details soon,” the statement continued.

This is great news for fans who were concerned about Kai after the “Rover” singer tearfully confirmed his military enlistment. Kim Jongin had stated that he was disappointed he couldn’t join the rest of EXO in their next comeback.

“There’s so much that I had prepared. What a pity. That’s what’s upsetting,” Kai said during a live broadcast.

“There’s nothing that I could do about this. I’m sad that I can’t show you what I prepared but I can just show it after I return,” he added.

Although Kai will not be able to join the promotions for the new album, his presence will still be felt in the July comeback.

The comeback also confirms that Xiumin, Baekhyun, and Chen will continue promoting with the rest of the group. The EXO-CBX members had previously notified SM Entertainment of the termination of their exclusive contracts. However, they also assured EXO-Ls that they will continue to be a part of their group despite their legal dispute with SM.

In related news, SM Entertainment announced that EXO is planning to film a group reality show in Korea. The details of the project have not been revealed. However, it was confirmed that the remaining active seven members will participate.

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EXO Confirmed For New Reality Show Without Kai

EXO is ready for a new project. The remaining active members will begin filming for a new reality show. This will be their first group effort after Kai’s military enlistment and EXO-CBX’s ongoing dispute with SM Entertainment.

SM Entertainment Confirms EXO Will Begin Filming As A Group For New Reality Show

On June 8, SM Entertainment announced that EXO is planning to film a group reality show in Korea. The details of the project have not been revealed. However, it was confirmed that the remaining seven members will participate.

On the same day, Xiumin, Suho, Baekhyun, Chen, Chanyeol, D.O., and Sehun were spotted at the Gimpo Airport. It is believed that the EXO members will begin filming for the reality show soon.

The upcoming show will be EXO’s first group project after Kai enlisted for mandatory military service in May 2023. It might be one of the projects Kim Jongin was referring to when he tearfully announced his military enlistment.

Prior to his enlistment, Kai held a free fan meeting that was also broadcast on EXO’s YouTube channel. Kim Jong-in famously celebrated with EXO-Ls after successfully convincing SM Entertainment to organize the fan meet.

The announcement of the upcoming project also confirms that the EXO-CBX members will continue promoting with the rest of the group. Earlier this month, Xiumin, Baekhyun, and Chen notified SM Entertainment about the termination of their exclusive contracts. In response, the agency claimed that the idols were being influenced by a third party.

Since then, the EXO-CBX members and SM Entertainment have been going back and forth with statements regarding the matter. However, it is agreed that Xiumin, Baekhyun, and Chen will continue as members of EXO.

EXO is also set to a comeback later in the year. However, the comeback date and details have not yet been announced. Stay tuned for more updates on this story.

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