자 ♡ kyoong ^^
8.3K posts

자 ♡ kyoong ^^
@kaigomcha
used to be an exo-l ot9, but for now i’m choosing peace as a bbhls ♡ 🐶 # cbx is exo






📢 [READ] CBX Contract Dispute Explained: — 1. 2011 – Original Contract • Baekhyun signed a standard 7-year exclusive contract with SM Entertainment in May 2011, along with the members of EXO. The contract period was counted from the group’s first album release. • Shortly after debut, the members reportedly signed an additional 3-year extension, mainly due to overseas promotions. - The clause automatically extends the contract until the required number of albums is released. • SM Entertainment had previously received corrective measures stating that contracts should not exceed 7 years. It was introduced by Korea FTC after earlier SM contract disputes. • Including Bekhyun’s military service hiatus (which pauses the contract), his contract was expected to end in early 2024 — roughly 13 years in total. 2. Late 2022 – 5-Year Pre-Signed Extension (2024–2029) Before his original contract expired, Byun Baekhyun signed a 5-year extension (2024–2029) with SM Entertainment while still enlisted in the military. • Reported pressure: Baekhyun’s side later stated that the renewal was signed under pressure. They claimed he was singled out and told that other members would receive certain benefits only if he signed. • “Sign now, cancel later” claim: His legal team stated he was told, “Sign now; you can cancel it later before the contract activates.” At the time, about one year remained on his original contract, and he was reportedly told changes could be made before January 2024. It was implied that refusing to sign collectively could also pose risks to the group’s stability. • Revision requests: CBX’s legal representative, Lee Jae-hak, stated that contract revisions were requested eight times, but none were accepted. • Settlement data requests: Starting in March 2023, Baekhyun, along with Chen and Xiumin, requested transparent settlement data (“provision”) under their contract and the Popular Culture and Arts Industry Development Act. • CBX stated they made multiple formal requests (commonly cited as seven), but were denied copies. • SM disputed this, stating that the data was made available for on-site inspection, but not for copying. • Termination notice: On June 1, 2023, CBX formally submitted a notice of termination for the extension contract set to begin in 2024, citing lack of settlement transparency. Presentation: canva.link/xve2k4tfj8ko9hi Full list of sources: bit.ly/CBXclarificati…


Diblok sama OP yang bikin thread jadi gak bisa nge-refute langsung 😂 “pendapatan digabungin” tuh kata siapa sih anjir? Ini mistranslation apa emang dari sumbernya ngarang aja? Kalo yang dimaksud “revenue as a group” buat aktivitas2 EXO, ya pasti “digabungin” dong tapi kan pasti ada pay distributionnya. Kalo solo mah ya masing2 lah??? Ga usah segrup deh, Baekhyun sama Xiumin aja ga bakal mau kali solo revenuesnya “digabung” terus dibagirata? Gitu kah maksud kalian 😭? Lagian masih aja bahas transparansi, udah ditolak semua woy request CBX tuh. CBX selalu dibolehin dateng untuk inspeksi: kenapa “dateng”? Karena ini tuh data sifatnya CONFIDENTIAL. Risky bgt kalo sistemnya pake fotokopian yg dibagi2 sembarangan. Bahkan mrk boleh bawa akuntan sendiri, tp dateng gak untuk inspeksi langsung? Mrk keukeuh maunya minta salinan. Pas SM udah mau ngasih, udah minta izin member yg lain, CBX dikasih syarat harus konfirmasi kalau GA ADA pihak ketiga, eh langsung ANYEP malah minta kesana kemari sampe banding segala ke MA. Dan tetep DITOLAK: request CBX dianggap terlalu broad, ga bisa nge-specify scope yang dimasalahin itu tuh apa/berapa; pay distribution kah (kyk JYJ), royalti dari album kah, intinya dianggap cuma spekulasi liar doang; ga legitimate ada concern atau urgensi; claimnya ga ada basis yg jelas. At least 4x mereka udah KALAH soal ini (1x Ministry, 1x district court, 1x high court, 1x Supreme Court). SM dianggap udah transparan & sesuai aturan; gak melakukan pelanggaran.

📢 [READ] CBX Contract Dispute Explained: — 1. 2011 – Original Contract • Baekhyun signed a standard 7-year exclusive contract with SM Entertainment in May 2011, along with the members of EXO. The contract period was counted from the group’s first album release. • Shortly after debut, the members reportedly signed an additional 3-year extension, mainly due to overseas promotions. - The clause automatically extends the contract until the required number of albums is released. • SM Entertainment had previously received corrective measures stating that contracts should not exceed 7 years. It was introduced by Korea FTC after earlier SM contract disputes. • Including Bekhyun’s military service hiatus (which pauses the contract), his contract was expected to end in early 2024 — roughly 13 years in total. 2. Late 2022 – 5-Year Pre-Signed Extension (2024–2029) Before his original contract expired, Byun Baekhyun signed a 5-year extension (2024–2029) with SM Entertainment while still enlisted in the military. • Reported pressure: Baekhyun’s side later stated that the renewal was signed under pressure. They claimed he was singled out and told that other members would receive certain benefits only if he signed. • “Sign now, cancel later” claim: His legal team stated he was told, “Sign now; you can cancel it later before the contract activates.” At the time, about one year remained on his original contract, and he was reportedly told changes could be made before January 2024. It was implied that refusing to sign collectively could also pose risks to the group’s stability. • Revision requests: CBX’s legal representative, Lee Jae-hak, stated that contract revisions were requested eight times, but none were accepted. • Settlement data requests: Starting in March 2023, Baekhyun, along with Chen and Xiumin, requested transparent settlement data (“provision”) under their contract and the Popular Culture and Arts Industry Development Act. • CBX stated they made multiple formal requests (commonly cited as seven), but were denied copies. • SM disputed this, stating that the data was made available for on-site inspection, but not for copying. • Termination notice: On June 1, 2023, CBX formally submitted a notice of termination for the extension contract set to begin in 2024, citing lack of settlement transparency. Presentation: canva.link/xve2k4tfj8ko9hi Full list of sources: bit.ly/CBXclarificati…

Sebagai orang yg awam namun waras sih aku lebih bingung knp doi sempet perpanjang kontrak lalu kemudian tiba2 berubah pikiran dan langsung main tuntutan ke pengadilan?🤔 kalo emg ada masalah dr awal harusnya gausah perpanjang aja. Labil apa gimana

📢 [READ] CBX Contract Dispute Explained: — 1. 2011 – Original Contract • Baekhyun signed a standard 7-year exclusive contract with SM Entertainment in May 2011, along with the members of EXO. The contract period was counted from the group’s first album release. • Shortly after debut, the members reportedly signed an additional 3-year extension, mainly due to overseas promotions. - The clause automatically extends the contract until the required number of albums is released. • SM Entertainment had previously received corrective measures stating that contracts should not exceed 7 years. It was introduced by Korea FTC after earlier SM contract disputes. • Including Bekhyun’s military service hiatus (which pauses the contract), his contract was expected to end in early 2024 — roughly 13 years in total. 2. Late 2022 – 5-Year Pre-Signed Extension (2024–2029) Before his original contract expired, Byun Baekhyun signed a 5-year extension (2024–2029) with SM Entertainment while still enlisted in the military. • Reported pressure: Baekhyun’s side later stated that the renewal was signed under pressure. They claimed he was singled out and told that other members would receive certain benefits only if he signed. • “Sign now, cancel later” claim: His legal team stated he was told, “Sign now; you can cancel it later before the contract activates.” At the time, about one year remained on his original contract, and he was reportedly told changes could be made before January 2024. It was implied that refusing to sign collectively could also pose risks to the group’s stability. • Revision requests: CBX’s legal representative, Lee Jae-hak, stated that contract revisions were requested eight times, but none were accepted. • Settlement data requests: Starting in March 2023, Baekhyun, along with Chen and Xiumin, requested transparent settlement data (“provision”) under their contract and the Popular Culture and Arts Industry Development Act. • CBX stated they made multiple formal requests (commonly cited as seven), but were denied copies. • SM disputed this, stating that the data was made available for on-site inspection, but not for copying. • Termination notice: On June 1, 2023, CBX formally submitted a notice of termination for the extension contract set to begin in 2024, citing lack of settlement transparency. Presentation: canva.link/xve2k4tfj8ko9hi Full list of sources: bit.ly/CBXclarificati…

Because Baekhyun owns 30% shares of INB100. 70% Cha Gawon. CBX has an ongoing lawsuit and Cha Gawon represents them. Baekhyun personally have 15 Billion loan with Cha Gawon as her guarantor. Cha Gawon provided CBX a luxury villa each member as a signing bonus.

now is also a good time to mention that ONE HUNDRED and INB100 are NOT the same company! INB100 is a SUBSIDIARY of ONE HUNDRED. INB100 is an INDEPENDENT COMPANY that ONE HUNDRED owns stocks in. THEY ARE NOT THE SAME














