Aci

During her recent press conference, Min Heejin offered HYBE a proposal: she will give up the 25.5 billion won ($17.8 million) she won in her lawsuit against the company if HYBE agrees to drop all lawsuits against the NewJeans members: — "Today, this is where I will disclose what I have chosen to trade the 25.5 billion won I obtained from this ruling for. Although this funding is extremely valuable to me, there is something I consider even more important, so I would like to present a proposal to HYBE. I propose to HYBE that, in return for relinquishing the 25.5 billion won, they cease all lawsuits currently in progress to date, including those concerning the NewJeans members and everyone else involved in this matter. I can no longer endure seeing members who ought to be joyfully performing on stage instead appearing in a courtroom. Neither the members on stage nor the fans can feel happy witnessing this situation. As I have stated repeatedly, there are values I hold dear that surpass money. The NewJeans members must be going through an extremely difficult time right now, and I want them to know that there are adults who stand by their side. I hope that this decision to forgo 25.5 billion won will help contribute to the growth of K-pop. I had a clear vision when launching NewJeans. While it is deeply unfortunate, I hope ADOR will uphold the commitments regarding activities that it stated in court. Clearing the way for the artists to shine once more, that is the only responsibility adults should fulfill. The 25.5 billion won does not outweigh the importance of the artists reclaiming a peaceful daily life. I hope that we, as adults, can go back to the fundamental principle of competing through music and performances on stage, instead of through legal battles in court. I say this to HYBE and Chairman Bang Si-hyuk: let us come together through our work, through music and creative endeavors. Opting for reconciliation is the most prudent choice for shareholders and fans alike. As the head of ooak Records, I plan to move forward on a new path. I hope that, after today, there will be no further draining press conferences. From this point forward, I want to meet you not in press conference halls, but on the stage of creation. I hope that the sincerity I have shown today is delivered and serves as a chance for the entire K-pop industry to breathe once more. Today, the KOSPI exceeded 6,000… I hope HYBE will review my proposal in a constructive way."