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[talk] NewJeans holds emergency press conference regarding contract issue with ADOR! Explains reason for terminating exclusive contract
Popular Korean girl group NewJeans has announced that they are terminating their exclusive contract with their agency ADOR. This shocking announcement comes after a long period of conflict and discussion between the group and the agency. This article will take a closer look at the details of the press conference, the background, the members' statements, and their future activities.
[table of contents]
1. Details of the emergency press conference
2. Background to the termination of the contract
3. Member Statements
4. How termination will impact your career
5. ADOR's Official Statement
6. NewJeans’ Future Plans
1. Details of the emergency press conference
On November 28, 2024, all five members of NewJeans (Minzy, Hani, Daniel, Hyelin, and Haein) held an emergency press conference in Seoul, South Korea to officially announce that they would be terminating their exclusive contract with ADOR.
📢Minzy said:
"As of midnight Korean time on November 29th, NewJeans' exclusive contract with ADOR will terminate. This decision was not made lightly and comes after several months of seeing our concerns not be taken seriously by HYBE or ADOR."
The members said they were disappointed that the office had not faithfully fulfilled its contractual obligations and that they had suffered unfair treatment of the group and staff.
2. Background to the termination of the contract
The conflict between NewJeans and ADOR came to light when the group sent a certified letter to ADOR on November 13, 2024. The letter demanded that ADOR correct the breach of contract within 14 days, stating that the contract would be terminated if the request was not accepted.
Key issues:
💠 Poor management by ADOR and HYBE.
💠 Allegations of unfair treatment of the group and staff.
💠Lack of transparency and honesty in contract performance.
When ADOR failed to meet their demands within the deadline, the members decided to terminate their contract.
3. Member Statements
At the press conference, each member shared their feelings.
📢 Hani (speaking in English):
"We have experienced unfair treatment and the deliberate spreading of misinformation. ADOR is no longer a company that prioritizes music or the welfare of its artists. Staying here any longer would only harm us. Therefore, we have unanimously decided to leave ADOR."
📢Daniel continued:
"After leaving ADOR, we want to be free to pursue the music and activities we really want to do. We may not be able to use the name 'NewJeans' anymore, but we have no intention of giving it up. NewJeans is forever."
4. How termination will impact your career
With the termination of the contract, a major question is whether NewJeans will be able to continue to use its current name. Legal experts say that the intellectual property rights to the name "NewJeans" likely belong to ADOR.
However, the members reassured fans:
💠The scheduled events (including performances in Japan) will go ahead as planned.
💠My goal is to independently release a new song within the next year.
💠 The legal battle over the name may continue, but they will continue to work to protect their legacy.
5. ADOR's Official Statement
In response to NewJeans' termination announcement, ADOR released the following statement:
💠 "We are very disappointed that NewJeans unilaterally terminated our contract. Nevertheless, we will continue to support the girls' growth and success to the fullest extent possible."
💠HYBE (ADOR's parent company) has not yet released a detailed statement but has previously denied the allegations of mismanagement.
6. NewJeans’ Future Plans
Following the termination of the contract, NewJeans will face many challenges and new opportunities.
Anticipated challenges and prospects
💠Legal disputes: There is a possibility that financial burdens may arise from court decisions, such as payment of penalties for terminating a contract.
💠 Rebranding: If the name "NewJeans" is no longer available, we may need to operate under a new name.
💠Future activities: Hopes for independent music production and global activities.
The fan community, "Bunnies," has shown overwhelming support on social media using hashtags such as "#NewJeansForever" and "#WeSupportNewJeans."
Conclusion
NewJeans' release from ADOR marks a watershed moment for both their careers and the K-Pop industry as a whole, with fans and industry insiders eager to see how they will mark this new chapter.
Stay tuned for updates on NewJeans' progress and plans for the future.
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Author sow0224
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