ADOR CEO Min Hee-Jin Requests Rights To Terminate NewJeans’ Contract In 2024: Updates and Clarifications

ADOR CEO Min Hee-Jin has found herself at the center of controversy after reportedly requesting the rights to terminate NewJeans’ contract with HYBE earlier this year. The request, which was allegedly made without interference from ADOR shareholders and HYBE, has raised eyebrows and sparked speculation about the future of the popular K-pop group.

According to reports from a South Korean media outlet, Min Hee-Jin proposed an amendment to her shareholder’s contract with HYBE that would allow her to unilaterally terminate NewJeans’ exclusive contracts with ADOR. This move, if approved, would give the CEO unprecedented power over the group’s future and potentially pave the way for their departure from the label.

However, HYBE reportedly declined Min Hee-Jin’s request, leading to suspicions that the ADOR CEO may be planning an exit from the company. The label has since issued a statement clarifying the situation, stating that Min Hee-Jin’s request was made in order to resolve issues she faced during NewJeans’ debut process and to run a more independent label.

ADOR has accused HYBE of distorting the truth and engaging in media manipulation, calling for a reopening of discussions about shareholder contracts. The ongoing drama between the two companies has left fans and industry insiders wondering about the future of NewJeans and the implications of Min Hee-Jin’s request.

As the situation continues to unfold, it remains to be seen how this power struggle will impact the K-pop industry and the careers of the artists involved. Stay tuned for more updates on this developing story.