EXO members rumored to be terminating their contracts one after another
2023-10-19
The male group EXO is facing changes, with members successively announcing their contract termination with SM. Today, the leader Suho communicated with fans through a fan communication platform, expressing his own thoughts.
Chen, Baekhyun, and Xiumin notified SM in June that they will terminate their exclusive contracts. They expressed their desire to leave SM, citing unfair long-term contracts and lack of settlement data. They claimed they were forced to sign unequal contracts and filed a lawsuit against SM with the Fair Trade Commission.
The release of EXO's 7th regular album "EXIST" is just around the corner, and the conflict over exclusive contracts has temporarily ended. However, following this, Chen, Baekhyun, and Xiumin decided to leave SM and establish their own companies. It is reported that Baekhyun will establish a personal company with a choreographer. In response to rumors of contract termination with Chen, Baekhyun, and Xiumin, SM said, "The new exclusive contract is valid, and EXO's group activities will continue. Although the specific settlement conditions cannot be disclosed, according to the agreement with the company, they are allowed to continue personal activities". Therefore, the possibility of the three carrying out personal activities outside of SM is quite high.
Afterwards, rumors spread that Sehun and Chanyeol are leaving SM, but SM said they are not true. The contracts signed between SM and EXO members at the end of last year are effective, and EXO's activities will continue with SM.
However, yesterday it was revealed that D.O.'s individual contract will expire in November, and his future individual entertainment contract will be handled by a new company, with only EXO's group activities continuing with SM. SM also acknowledged that the two sides had a long discussion about the exclusive contract, concluding that 'EXO activities will be done together, individual activities separately', D.O. has set up a new company with his manager who has long helped him with his entertainment activities at SM.
As rumors of EXO's consecutive contract terminations began to spread, fans expressed their worry about whether they would never see the complete formation of EXO again. In response to the successive contract terminations of the members, SUHO, the leader of EXO, reassured fans, saying, "Don't worry about EXO's activities, SUHO will take charge."
Recently, SUHO appeared in the JTBC drama "The Sixth Sense." After the drama ended, he personally asserted that EXO will continue to undertake activities as a full group during an interview. He said, "We will continue to carry out EXO activities amiably with the members in the future. Of course, some of us are still busy serving in the military, and those who have been discharged each have their own dreams in their twenties that they could not realize until they are in their thirties, which deserves respect. I hope that EXO can last for a long time, and we members met yesterday and talked about the plans for the next album. I'm not the type to proactively gather together, but Sehun said he wanted to gather yesterday, so we had a meeting," showing the unchanging team spirit of the members.
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