Former ADOR CEO Min Hee-jin turned down a suggestion to proceed as a producer for hit Okay-pop group NewJeans, days after he was replaced Because the particular person answerable for HYBE’s manufacturers.
Based on native media studies on Friday (August 30), though HYBE tried to retain Min because the band’s producer, the manager rejected the supply on the grounds that the contract phrases had been “unreasonable.”
The disagreement stems from a proposed contract that may lengthen Min’s function: new denims” producer till her contract with ADOR expires on November 1. PR company of Mr. McColl Consulting Groupaccused HYBE of demanding that the contract be signed by August 30, regardless of the tight deadline and allegedly containing “dangerous” clauses.
“As reported on Tuesday (August 27), Hybe introduced that Min would proceed to work with NewJeans, however an settlement was by no means reached,” Macoll Consulting mentioned in a press release. statement Cited by Korea Herald.
“As reported on Tuesday (August 27), Hybe introduced that Min would proceed to work with NewJeans, however an settlement was by no means reached.”
McColl Consulting Group
“It’s unrealistic to count on to efficiently full vital manufacturing duties, comparable to getting ready for NewJeans’ 2025 world tour, below such a short-term contract,” the company mentioned.
One of many factors of rivalry within the contract is a one-year non-compete clause, which Min believes is simply too lengthy given the quick time period of the proposed settlement. As well as, the report states that she additionally expressed considerations a few clause that might result in HYBE’s early termination of the contract.
HYBE, then again, defended its proposal, claiming that it merely prolonged Min’s function as an inside director of ADOR to the remaining two months of the present contract. The corporate additionally mentioned a one-year non-compete clause is an trade customary for senior executives.
“It’s an trade norm for firms to implement a one-year non-compete clause,” a HYBE official reportedly mentioned.
Though Min rejected the supply, HYBE mentioned it stays open to the potential for future collaboration. “We do not have a producer to work with NewJeans but. If issues do not work out, we should search for options,” a HYBE official quoted korea herald ” mentioned, including: “Nevertheless, this consequence exhibits that every one this she did was finally for monetary achieve.
Days after HYBE, fallout emerges declare gold Zhou Yong Amid ongoing authorized disputes, Min was appointed ADOR’s new CEO. Min co-founded ADOR in 2021 and has performed a key function within the model’s success, significantly the debut of NewJeans. Nevertheless, rising tensions with HYBE executives led to a collection of legal actiontogether with accusations defamation and leaking non-public info.
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