ADOR CEO Min Hee-jin had allegedly “demanded” for HYBE to give her the authority to terminate NewJeans‘ contracts, according to a new media report.
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The claim that Min Hee-jin had asked to have the authority over the exclusive contracts of popular K-pop girl group comes from a new Yonhap News Agency report today (May 2), which described her request as a “demand” while citing unnamed sources from the music industry.
The ADOR CEO had reportedly made the request after negotiations between the executives of the K-pop agency and its owner HYBE over a revised shareholders agreement had hit a roadblock around the tail-end of 2023. HYBE allegedly reportedly rejected the demand, calling it “too much”.
Min has since confirmed that such a “request” submitted in a proposal to HYBE, but claimed that it was to “address unreasonable interference [by HYBE], an issue that emerged during NewJeans’ debut, and to ensure independent management of the label” in a statement.
The ADOR CEO also denies that the request was related to recent allegations that she had planned to takeover control of the K-pop agency from HYBE. Last week, Min also held a press conference to address the ongoing battle between ADOR and HYBE, which owns majority shares in the K-pop agency.
Meanwhile, HYBE has since responded to claims made by Min in a statement, alleging that the ADOR CEO had “distorted the facts by mixing up the timeline”, while claiming that they “can refute all claims with evidence”.
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