HYBE Responds ADOR Min Hee Jin’s Claims That The Company Isn’t “Valuing” NewJeans
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.
Following ADOR CEO Min Hee Jin‘s press conference, HYBE has responded to some of the allegations made.
During the press conference, Min Hee Jin explained that NewJeans’ comeback would not “suffer” because of HYBE.
Min Hee Jin Asserts That NewJeans’ Comeback Will Not “Suffer” Because Of HYBE
In the document, one of the points referred to claims that HYBE doesn’t value NewJeans and the timing of everything going on with the group’s comeback.
The company explained that they believe it was ADOR and Min Hee Jin’s side that initiated “attacking” HYBE around the time of the comeback.
“Min Hee Jin’s side initiated attacking the company via email around the time of NewJeans’ comeback. Records obtained through forensics contain instructions from Min since April to prepare for a publicity campaign and records indicating efforts to create noise to harass the company. We in turn, would like to ask whether or not she thought that putting pressure on the company at this time, would make us accept her request, which is unreasonable at this point.”
— HYBE
HYBE’s statement then shared they believe it’s Min Hee Jin who is using NewJeans as “leverage” in their threats and that any refusal of compensation shows the intent of using it to “end the relationship.”
“In fact, it is CEO Min who is threatening the company by holding the artist hostage. If the compensation plan is accepted, it’s good. But if it’s not accepted, she would try to use it as an excuse to end the relationship.”
— HYBE
They also shared that HYBE has “accommodated” Min Hee Jin’s demands but seemed to be a process for “takeover,” so the audit had to be done regardless of the timing.
“While the company has accommodated and compromised with the representative’s recurring demands for years, this time, it has come to realize that these demands are part of a so-called ‘build-up’ process for a takeover of management rights. Regardless of timing, in order to preserve the value of the multi-label, we had no choice but to initiate an audit. Furthermore, we repeatedly requested not to mention artists in press conferences and interviews, as it showed that she did not value the artists.”— HYBE
NewJeans is due to have a comeback and has started to share teasers ahead of the release of the album.
