EXO CBX vs. SM Entertainment Contract Controversy Explained By unit members have contract disagreements with t. The EXO stars have discussed taking legal action as their demands have been unmet.
For the unversed, members , Chen, and Xiumin moved to label INB100 in January to promote their solo activities. The members decided to keep their group contract with SM Entertainment so as not to cause disbandment. Baekhyun established the new music label INB100, and his bandmates joined him in January 2024.
Six months after the new arrangement, the K-pop stars told the press that SM Entertainment was not fulfilling the initially agreed-upon demand. The lawyers of EXO CBX members revealed details that fans were unaware of. EXO CBX vs SM Entertainment: Baekhyun, Chen & Xiumin likely to file criminal complaint against K-pop label EXO CBX faced the press on June 10, 2024, to accuse SM Entertainment of not abiding by contract obligations.
Their legal representative, Lee Jae Hak, , “SM Entertainment is not fulfilling the 5.5 percent commission rate for albums and music guaranteed to INB100. The condition was a part of the settlement condition.
” The representative added, “They are engaging in unfair practices by demanding 10 percent of the artists’ revenue generated from individual album releases, concerts, and advertisements.” Key points from INB100's press conference: — SM pressured EXO to re-sign during military service — CBX didn't get paid for participating in recent EXO .