With SM’s recent statement that Chen, Baekhyun, and Xiumin are no longer EXO members I think fans needs to actually look at the facts clearly. EXO went from 12 to 6 in 13 years.
-
K, Luhan, and Tao all terminated their contracts with SM and was mandated by court to pay SM until their first contract expires
-
Lay was inactive and established his own agency in China but still pays SM because of his contract until it expired
-
Kyungsoo did not renew and established his own agency but signed with SM for group activities
-
Suho, Chanyeol, and Sehun renewed their contracts with SM
-
Kai was initially approached by MC Mong but declined the offer and still signed with SM
-
Baekhyun, Chen, and Xiumin renewed their contracts but later sued SM which they now lost 6 times.
Prior to the renewal, SM released a statement that members of EXO were being approached by MC Mong during their negotiations. This was initially denied but later MC Mong admitted to approaching Kai and Baekhyun. Baekhyun established his own company and signed Chen and Xiumin. CBX still signed with SM for group activities.
Later, CBX sued SM for the 5-10% of their earnings that is in their contracts. Apparently, they are obliged to pay SM for the IP for using EXO and their songs under SM. CBX wanted to change this hence the lawsuits. Then, Baekhyun’s company became a subsidiary of MC Mong’s company which brings us back to the time the alleged poaching was denied.
With this, EXO’s supposed comebacks and activities were postponed as lawsuits are ongoing. CBX doesn’t appear in EXO/SM events although Kyungsoo does attend CBX concerts. Now, the courts have ruled against CBX and agreed with SM that the clause about the IP is legal and binding. CBX are now no longer members of EXO according to SM.
To my fellow EXOLs, I know it’s hard and painful to accept but we need to look at this logically and not based on our emotions. EXO has been f*cked over by SM since the beginning and we all know that. But, sometimes, it’s not always that SM is the ONLY party at fault. Had CBX not signed with SM during the contract renewals and only signed for group activities just like what Kyungsoo did then maybe we won’t be here. It was possible for other SM groups as well just look at Onew, Taemin, Wendy, Yeri, and even SJ’s D&E. It is possible but this is the sad route that CBX chose to take.
We will never know what truly happened behind the scenes during the contract negotiations and the meetings with MC Mong. We may never see them perform as 9 again and if they do it will be years from now. It’s unfortunate that this had to happen but we can’t do anything but accept it the way it is.
submitted by /u/Standard-Pen-3369
[link] [comments]
