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ENTERTAINMENT

SM Entertainment settle dispute with EXO

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Intro

EXO members Chen, Baekhyun, and Xiumin renew contracts with SM Entertainment after resolving issues regarding slave contracts and payment discrepancies.

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Statement

SME issued a statement that read, "We have been able to resolve all differences caused by many misunderstandings, and have reached a mutual agreement."

3

What exactly happened before?

On June 1, the three artists announced the termination of their contract with SME, citing extended contract durations as their reasons.

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What are 'slave contracts'?

The term Slave contracts can be described as "unfair and excessively long-term contracts with aspiring Korean artists."

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Past incidents

Before Baekhyun, Chen, and Xiumin raised their voices, former EXO members Luhan, Tao, and Kris Wu filed for contract termination, citing similar concerns in 2014.