SM Entertainment rebuffs the accusations voiced by EXO-CBX.
SM Entertainment has categorically dismissed the statements made by EXO members Chen, Baekhyun, and Xiumin during their urgent media briefing, suggesting that the trio is attempting to reap benefits from their association with EXO while evading their responsibilities.
This morning, the members conducted a press event expressing their concerns over SM Entertainment’s failure to uphold promises made about their music distribution earnings.
SM Falls Short on Obligations Concerning EXO-CBX’s Music Revenue Sharing
The members also stated that they renewed their contracts with SM Entertainment as a protective measure for the group.
The Reasons Behind EXO-CBX’s Renewal of Contract With SM Revealed
In a comprehensive, multipart retort, SM Entertainment elaborated on their stance, claiming that the assertions made by EXO-CBX are baseless and untruthful.
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Frequently Asked Questions (FAQs)
Why is SM Entertainment taking legal action against EXO-CBX?
SM Entertainment is taking legal action against EXO-CBX for allegedly attempting to benefit from the EXO brand name while shirking their contractual obligations, as stated in SM Entertainment’s four-point rebuttal against the group’s claims.
What did EXO-CBX claim in their press conference?
EXO-CBX claimed that SM Entertainment had not fulfilled their promises relating to music distribution fees and explained that their contract renewal was done to protect the group.
What are the main points of SM Entertainment’s rebuttal?
SM Entertainment’s rebuttal focuses on tampering accusations involving MC Mong and Cha Ga Won, the trio’s avoidance of contractual duties, disputes about financial statement provisions, and twisting the narrative of the company’s actions to protect the group.