SM Entertainment Accuses EXO-CBX Of “Harming Fellow Members” In Damning New Exposé
SM Entertainment has issued a sharp rebuttal to EXO-CBX’s latest statement, accusing the trio of distorting facts and damaging EXO as a group.
According to SM, the matters of resolving the lawsuit and participating in EXO’s activities are “entirely separate.”
The agency also stated that the trust between both parties has been “severely damaged” due to the continuous legal battles, claiming the conflict has caused significant harm not only to EXO as a team but also to the fans and fellow members in scathing words. As a result, the agency says it is essential for CBX “to first carry out the terms of the existing agreement and make sincere efforts to restore trust.”
The excessive number of disputes has significantly damaged the trust between both sides. In addition, the harm done to EXO as a team — as well as the pain caused to fans and fellow members — has been substantial.
— SM Entertainment
EXO-CBX’s New Statement Backfires And Triggers Extreme Criticism
In contrast to EXO-CBX’s claim that they accepted all of SM’s terms during the October 2 mediation, SM claimed that the three members filed a formal objection two weeks later, on October 16.
Hello, this is SM Entertainment.
We would like to address the statement released by Byun Baekhyun, Kim Jongdae, and Kim Minseok (hereafter referred to as “the three members”).
Our company has clearly stated that the agreement to end the legal dispute and the matter of participating in group activities are two separate issues.
First, regarding the dispute resolution — SM has prevailed in all disputes up to this point. The only thing we asked of the three members was to pay 10% of their individual activity revenue, as stipulated in the agreement dated June 18, 2023. However, this has not yet been fulfilled.
Furthermore, regarding participation in group activities, the excessive number of disputes has significantly damaged the trust between both sides. In addition, the harm done to EXO as a team — as well as the pain caused to fans and fellow members — has been substantial. Therefore, it would be only natural for the three members to first carry out the terms of the existing agreement and make sincere efforts to restore trust.
However, contrary to their claim that they accepted all of SM’s proposed terms and clearly expressed their intent to settle following the second mediation session on October 2, the three members actually filed an objection first on October 16. We deeply regret today’s announcement from the three members, which distorts these facts.
SM Entertainment will do its utmost to support EXO’s activities, set to begin in December.
Thank you.
