Baekhyun’s recent contract dispute with SM Entertainment, delay of solo album, establishment of a personal company, tens of billions of loan incident…etc! He chose to explain his situation to fans in person on a live broadcast, and clarified various rumors surrounding him recently.
Baekhyun of the popular boy group EXO announced the establishment of his own company and maintained a friendly relationship with SM Entertainment. During the live broadcast, many false rumors were clarified.
Baekhyun said at the beginning that seeing so many misunderstandings and untrue articles appeared, which hurt the hearts of fans, he was also very sad, so he turned on the live broadcast late at night and personally told his fans about his story.
1. Regarding the previous contract dispute with SM Entertainment, I have been curious about the settlement and contract for a long time. At the same time, due to the absence of Teacher Li Xiuman, various situations have arisen, so I am even more curious. There are rules everywhere in Wulun, and there are also matters that need to be followed within the company. We cannot violate these. I understand the company, and the company also understands me. After the agreement, it was settled satisfactorily. Now the relationship with the company is very good, and it is a state of mutual support.
2. Regarding the establishment of the personal company One Signature, the company started with the intention of cultivating more outstanding choreographers and dancers with my friend Casper. There is no specific plan yet, and a lot of research is being done, hoping to have good results.
3. It is not true that the loan of 13 billion won to buy the house of Chairman C is not true. First of all, the loan money is for the operation of the company, and will continue to work with EXO members. President C has known his family members for a long time, and the relationship is as close as family members.
4. The postponement of the return of the solo album is definitely not a loss of my original intention. Through this dispute, I have strengthened my idea of going as a producer, and I have also consulted many people. President C and representative MC Mong also gave a lot of suggestions. This is a very important moment in my life, postponing the solo album is just to prepare better.
I just want everyone to be happy and I promise to do it. I hope you will continue to pay attention to the path of happiness that I will take in the future.
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