This article is part of our coverage of HYBE vs. ADOR CEO Min Hee Jin. You can read more and view the entire timeline here.
NewJeans‘ Haerin commented on the reported early contract termination fee following their announcement about leaving ADOR.
Amid NewJeans’ feud with HYBE, reports shared the fee they would reportedly have to pay if they terminated their contract.
NewJeans’ Early Contract Termination Fee Estimated To Be At Least 300 Billion KRW
On November 28, NewJeans held an emergency press conference regarding their contracts with ADOR.
The members revealed that they were officially going to leave ADOR.
NewJeans Officially Leaves ADOR For “A Very Simple Reason”
Of course, the topic of penalties came up, and Haerin acknowledged that she had seen the articles and reports about the amount of money they would reportedly have to pay.
She explained, “I’ve read several articles about penalties, but we have not violated our exclusive contract. We’ve worked hard and done our best so far, so we believe there’s no reason for us to pay any penalties.”
Haerin then added that she thought HYBE and ADOR breached their contract and that they should take responsibility, inferring that the companies should pay the fee rather than the group.
저희는 전속계약을 위반하지 않았고 위반한 적이없고요 지금까지도 최선을 다해서 활동을 해오고 있는데 저희가 위약금을 내야 할 이유는전혀 없다고 생각을 하고요 오히려 지금의 어도어와 하이브가 계약을 위반했기 때문에 지금 이런 상황까지 일어났고 당연히 책임은 어도어와 하이브에게 있다고… pic.twitter.com/Cw6lycG2cp
— 모구 (@mo9uHR) November 28, 2024
You can read more about the press conference below.
NewJeans’ Hanni On The Mistreatment Leading To Them Leaving ADOR
Source: SportsChosun
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