2024-04-25 09:28:33
Min Hee-jin, CEO of Adore, a Hive label and New Jeans agency, showed an angry appearance at an emergency press conference and did not hesitate to make harsh remarks.
CEO Min Hee-jin, along with her legal representative, Sejong, held an emergency press conference at the Korea Conference Center in Seocho-gu, Seoul at 3 p.m. on the 25th and directly expressed her position on the events surrounding her. On this day, even though it was her official appearance, CEO Min Hee-jin did not hesitate to use profanity such as “Poetry XXX,” “Ji
On this day, CEO Min said, “Hive needs to reflect. How can you do something like this so shamelessly?” and “When (Hive CEO) Park Ji-won had just taken office, Ji-won asked to see me and said, ‘Hee-jin, you are the head of our first Hive. “The group that was preparing to be a girl group will likely have to leave Source Music (hereinafter referred to as Source), and Source has informed us that Kim Chae-won and Sakura should be the first to come out,” he said.
“Honestly, I cursed at them, saying, ‘Are you bastards? You sold my name and added it to Min Hee-jin’s girl group, and I thought Hive’s first girl group was New Jeans, and the kids also came into Hive’s first girl group because they saw Min Hee-jin’s name, so I said, ‘ When I asked, ‘What are you going to say to the trainee’s parents?’, they said, ‘That’s none of Heejin’s business,’ and there was no understanding.”
Representative Min also said, “Didn’t we talk about the message about the father of Saudi Arabia (at Hive)? I was just imagining it. How much of a farce this all feels like?” and “The dogs (dogs + uncles) are killing me.” “I didn’t want to respond one-on-one to all the KakaoTalk messages in a mean-spirited manner. The standard was so low. To be honest, I don’t care if I don’t receive the stocks and get kicked out, as long as I’m not a bad person,” he said angrily.
CEO Min said, “(Hive) is mean. When I said they were holding a press conference on purpose, they talked about ‘shamans’ and if you look at the timeline, they are trying to prey on me. XX, if you do this business, there are so many curses that you can’t help but come out.” I also did it.
CEO Min Hee-jin joined SM Entertainment through open recruitment in 2002 and served there until 2018. After she left SM, she moved to the position of Chief Brand Officer (CBO) of Hive in 2019, and since 2021, she has been the head of Adoor.
Previously, on the 22nd, it was reported that some Adore executives were being audited for their ‘attempt to leave the hive’. A letter was sent to Hive Adore’s board of directors requesting that a general shareholders’ meeting be convened and CEO Min Hee-jin’s resignation.
However, CEO Min refuted that they were notified of their dismissal after raising the issue of the so-called ‘Aillet New Jeans copy incident’, claiming that the new girl group Eyelet, under Belif Lab, another label of Hive, copied several parts of New Jeans. I went out.
Hive conducted an audit of some of Adore’s executives, including CEO Min Hee-jin, in connection with the attempt to seize Adore’s management rights, and announced interim results on the 25th. According to the audit results, Hive confirmed the specific facts that a plan to seize management rights was established led by CEO Min Hee-jin and also secured physical evidence. During the investigation, one of the audit subjects submitted information assets containing plans to seize management rights and contacts with external investors as evidence, and also admitted to writing a Hive attack document for this purpose.
According to the face-to-face investigation and the conversation transcripts included in the submitted information assets, CEO Min Hee-jin instructed Adore executives to prepare a way to pressure Hive to sell its shares in Adore. In accordance with this instruction, methods for terminating the exclusive contract with the artist and invalidating the contract between Adore’s CEO and Hive were discussed in detail. There were also conversations such as, ‘Let’s bring in global funds and make a deal with Hive,’ ‘Critical appeal for everything that Hive does,’ and ‘Think of ways to harass Hive.’
Hive also claimed that CEO Min had engaged in serious ‘shamanic management’ in the audit process that was additionally disclosed this afternoon. Hive said that CEO Min was coached by a female shaman to carry out major company management issues, such as personnel and recruitment, and that this shaman was a close relative of CEO Min who contacted her as a spirit, and that she had been coaching CEO Min on overall management through KakaoTalk. . According to the ‘Shaman Management’ conversation log released by Hive, the shaman said in 2021, “Bring back the company after 3 years.” Representative Min asked this shaman, “Will BTS go to the military or not?” and then said, “I think it would be more beneficial for me without them.” In addition, it was discovered that CEO Min shared the personal information of the interviewees with this shaman and discussed recruitment. However, Representative Min is known to have denied all of this in a response sent on the 24th.
Hive announced that it would file a complaint on the 25th on charges of breach of trust, etc., against those involved based on the relevant materials.
Meanwhile, Adore is a company created in 2021 by Hive, chaired by Bang Si-hyuk, with an investment of 16.1 billion won in capital. Currently, CEO Min holds 18% (573,160 shares) of Adore stock, making him the second largest shareholder. In the first quarter of last year, Hive reduced its 100% stake in Adore to 80%. CEO Min exercised a call option (the right to buy stocks at a set price) and purchased an 18% stake in Adore.
(Seoul = News 1)
2024-04-25 09:28:33