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SM Entertainment Addresses Dispute with ChenBaekXi (CBX)

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reply 0 hit 26 date 25-11-11 18:15
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SM Entertainment has released a statement regarding the ongoing dispute with ChenBaekXi (CBX).

In an official statement released on the 29th, SM Entertainment expressed regret over CBX's statement and clarified that EXO's activities and the resolution of the dispute are separate matters.

SM Entertainment emphasized that an agreement with CBX has not been reached and that they are still requesting the 10% of sales as stipulated in the original agreement.

According to SM Entertainment, the trust between both parties has been significantly damaged due to several disputes.

This has caused considerable pain to the fans, and the damage to the group EXO has also been significant.

SM Entertainment stressed that sincere efforts to restore trust are necessary for CBX to participate in team activities.

Fans are eagerly hoping that the group will perform together again in this situation.

SM Entertainment stated that CBX accepted all conditions after the second mediation date on October 2nd, but then filed an objection on the 16th.

SM Entertainment expressed great regret that these facts were misrepresented in CBX's announcement.

Despite this complex situation, fans want to see EXO reunite and are supporting their activities.

At this crucial moment for communication with fans, SM Entertainment promised to do its best to support EXO's activities. Fans are eagerly awaiting EXO's activities, which are scheduled to begin in December.

It is hoped that this news will give fans hope and further increase their anticipation for EXO's future activities.

Currently, fans are anticipating how the conflict between CBX and SM Entertainment will be resolved and what EXO will look like when they return to the stage.

As fans' voices are important in this process, it is hoped that SM Entertainment will strengthen communication with them.

Ultimately, it is hoped that trust between fans and artists can be restored even in this complex situation, and that positive news about future activities will continue.

We hope that the future that EXO and their fans will create together will be even brighter.


Source :https://blog.naver.com/djssl0316/224058097286
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SM Entertainment Addresses Dispute with ChenBaekXi (CBX) > K-pop