“NewJeans’ contract termination statement must be withdrawn”… Korea Management Association reveals statement
While NewJeans announced the termination of their exclusive contract with management company ADOR, the Korean Management Association released their own statement.
The Korean Management Association said in statement released on the 3rd, “We hope that NewJeans will withdraw their current stance and agree to dialogue with the company.”
“The recent dispute between ADOR and NewJeans has negatively impacted pop culture and the art industry in various ways. The association is expressing its position on NewJeans and the problems with the exclusive contract as well as the public’s perspective and the emptiness felt by industry workers, in hopes that the industry will take a step forward from the perspective of industry workers.
We must be careful, as the loss of contract validity through unilateral claims to terminate a contract can greatly impact the overall exclusive contract.
The termination of the contract should be decided carefully, and the issue should be discussed with the premise of maintaining the contract.
The current position of NewJeans can only be interpreted as not having any intention of making mutual efforts to maintain the contract.
The current law does not take any measures that consider the company’s position. In cases where the contract is maliciously terminated, there is no way to maintain the contract other than claiming damages. With this, NewJeans’ approach can be seen as malicious.
Therefore, the association hopes that NewJeans will withdraw the termination of the contract, engage in communication with the company, and resolve the dispute without leading to a worse situation.” – cr koreaboo
1. Why are they silent about what HYBE did?
2. I guess they are scared that their idols will all run away
3. Seeing everyone being pressed about the issue, I guess that means contract termination is possible for NewJeans!
4. Since most of the members of that group are CEOs of entertainment companies, they have no choice but to side with the management company
5. It seems like these companies are afraid their celebrities will leave after mistreating them
6. What are they saying
7. Who are they to say what another person’s contract can and cannot do
8. NewJeans is doing so well
9. Who are you guys?
10. Watch this association only consist of 2-3 people
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