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9. October 2025 – CBX Excluded from EXO Activities
EXO group activities are not part of the ongoing revenue-sharing lawsuit, as confirmed by SM. CBX stated all negotiations were conducted under the premise of EXO activities as a full group.
• CBX and SM reportedly negotiated from July 9 to October 2, 2025, with CBX agreeing to undisclosed terms to participate in EXO activities. However, they were later excluded.
• SM claimed that CBX rejected the mediation held on October 2. However, CBX later clarified that this was incorrect. On October 16, both parties rejected the mediator’s proposed 600 million KRW settlement, which they described as arbitrary and unrelated to their agreement.
• Negotiations were ongoing outside of court, but no agreement was reached.
• SM cited broken trust and concerns about fans and members as the reason for CBX’s exclusion, while CBX stated that they remain in direct contact with the members and have been working hard to remain together as part of the team.
• CBX has stated their intention to pay the 10% fee remains unchanged, but only after a court decision.
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10. February 2026 – Temporary Freeze of CBX Assets worth 2.6B won
Asset freezes in civil cases are typically provisional measures intended to secure potential claims, not a ruling on fault. This aligns with SM’s approach as part of their contract enforcement strategy.
Additional Information:
x.com/i/status/20219…
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