SM Entertainment has taken legal action against EXO sub-unit ChenBaekXi, consisting of Chen, Baekhyun, and Xiumin, over a contract dispute regarding a 10% revenue share.
Contract Dispute
Recently, SM Entertainment filed a lawsuit against ChenBaekXi for failing to fulfill their contractual obligations, specifically related to a 10% royalty share agreement.
Legal Battle
The conflict arose when ChenBaekXi demanded proper accounting and documentation from SM Entertainment, leading to a standoff last year. Despite reaching an agreement to pay 10% of revenue as royalties, the group now claims the terms are unfair.
SM’s Response
SM Entertainment asserts that the exclusive contract with ChenBaekXi remains valid, allowing for individual activities while requiring the group to adhere to the agreed-upon terms, including the 10% revenue share.
hashtags:#SMEntertainment #EXO #ChenBaekXi #KpopNews #ContractDispute
artist:첸백시 ChenBaekXi
work: 계약 분쟁 Contract Dispute
