According to reports, Min Hee-jin, the CEO of ADOR, called for an emergency press conference at 3 p.m. on April 25th (KST) at the Korea Conference Center in Seocho-dong, Seocho-gu, Seoul. The purpose of the conference was to address the audit, accusations, and other suspicions surrounding HYBE.
During the event, CEO Min appeared on stage with her hair disheveled, wearing a blue cap and a comfortable green shirt, reflecting her current complex emotions.
Min made no effort to conceal her anger during the press conference, repeatedly resorting to using profanity, cursing, and informal language (without the use of honorifics). She specifically mentioned several popular KPOP groups, such as NewJeans, ILLIT, and SM Entertainment’s aespa.
CEO Min Hee-jin expressed her discontent with the camera flash, stating, “I am not a celebrity,”and proceeded to openly discuss her thoughts on various speculations in a raw and unfiltered manner, explaining, “The sound of the shutter is making it difficult for me to speak.”
After departing from SM Entertainment and joining HYBE, she described the process of creating NewJeans. In a KakaoTalk screenshot that she shared, Chairman Bang Si-hyuk can be seen asking her, “Can your group ‘step on’ aespa?”
She explained that her decision to take over management rights with only 18% of the stake seemed illogical, which ultimately led to a rift in her relationship with Chairman Bang Si-hyuk. Additionally, CEO Min revealed that HYBE’s CEO, Park Ji-won, had spoken negatively about Bang Si-hyuk behind his back while pretending to be friendly towards her.
During the press conference, Min delivered an uninterrupted speech for approximately two hours and 15 minutes. Despite her lawyers’ attempts to discourage or limit her from making potentially legally problematic statements, CEO Min Hee-jin captured the audience’s attention by discussing the support she received from NewJeans members and becoming visibly emotional.
In addition, Min Hee-Jin’s legal team stated, “Even with a stake of 18%, she does not have the ability to take over management control. We are taken aback by the reports of such actions.”
The source of the news is from Nate, which can be found at //news.nate.com/view/20240425n34473?mid=n1008.
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