Chen, Baekhyun, Xiumin release counter-statement detailing shocking information of their contract terms

Article: "Contracts will be automatically extended if album sales don't meet target goals" Fans shocked by details of contract information revealed in ChenBaekXiu's counter statement

Source: Insight via Instagram

[+366] For how much longer is SM going to continue plaguing everyone with slave contracts? And I doubt these contracts are any better for the artists who are currently active and promoting right now too, sigh

[+310] An explanation for the people who don't understand: if the contract has three album releases scheduled for the duration of their contract but they were only able to release two in the time period, then their contract automatically gets extended again, which puts all the power in the company's hands since they can just decide not to produce another album to keep your hands tied down to them.

[+132] I can't believe SM is still doing this...

[+111] Wh-what kind of marketing tactic is this, SM? I'm not understanding how fans are supposed to help out? Do we buy their albums or not? ㅡㅡ..
- [+41] It's not about the album sales. The contract has a set number of albums that they're obligated to release during their term to uphold their end of the contract, but SM can make up any excuse they want to withhold production and prevent those releases, which would then make it a slave contract. 

[+72] At this rate, SM deserves to be boycotted...

[+57] 22 years have passed and nothing has changed

[+48] They have way too many issues to be considered a major Korean company anymore

[+27] SM should just stand for Stupid Management at this point, and I don't think they can refute it ㅋㅋㅋㅋㅋㅋㅋㅋ

[+5] The work of Lee Soo Man

[+3] They better not end up like TVXQ or I'll curse SM for life 😡

-

Tweet