members of NewJeans at a press conference on November 28 (c)news1
NewJeans held an emergency press conference on the evening of November 28, the deadline to respond to ADOR’s request for proof of content, and announced the termination of the exclusive contract at midnight on the 29th of the same day, as the subjects asked to be. corrected not declared. At the press conference, he also said that he would like to work with former ADOR representative Min Hee-jin. NewJeans continues it’s activities even after receiving notice of termination of its exclusive contract.
Under thes circumstances, the Korea Management Association and the Korea Entertainment Producers Association announced their positions on the 3rd and 6th, respectively, saying that the actions of NewJeans could have a major impact on the relationship of trust in exclusive contracts in the market K-POP.he demanded.
The association emphasized, “our popular culture values exclusive contracts concluded between artists and their agencies based on mutual trust,” and said, “Termination of contracts is not a simple matter, this shows the trust and the reflection there has been built up over the years.” He then asked NewJeans to “withdraw its current position and respond to a dialog with the agency.”
The association also said, “The idea that an exclusive contract can be canceled by making a unilateral demand is a matter of great concern,” and added, “Disregarding the terms of the contract, making unreasonable demands on correction, and ignore the procedures. for canceling the contract, I had a press conference.”“It is extremely irresponsible behavior that he unilaterally notified the termination of the exclusive contract as a responsible party in the contract.”
“The unilateral declaration of the cancellation of New Jersey,which came out early three years after its launch,could set a very dangerous precedent that would endanger the sustainability of the Korean culture and art industry.” ” claims as soon as possible, return to their origin, and continue their normal activities.”
On the 3rd, ADOR filed a lawsuit with the Seoul Central District Court to legally declare that the exclusive contract with NewJeans is valid.
(c) news1/KOREAN WAVE/AFPBB News