Disclaimer: It's not that serious don't get in your feelings. They are just rumors not facts we will find out together whether they were true or not so don't come attack me coz I know yall 💀
Good news to all
#Baekhyun
fans, rumors have it that 2 of the big 4 companies are currently in the process of recruiting him ! He has so many proposals 😁
‼️ THE CASE OF
#BAEKHYUN
#CHEN
#XIUMIN
‼️
⚖️NOTICE OF TERMINATION VS LAWSUIT⚖️
◇ Is a notice of termination a lawsuit ? NO
◇ Did CBX file a lawsuit ? NO
◇ What's the difference between the 2 then ? A notice of termination is a formal and official letter that informs a party
⚠️ CLARIFICATION ABOUT
#BAEKHYUN
#CHEN
#XIUMIN
CONTRACT TERMINATION ⚠️
You have many questions so let's answer them like this.
◇ Is CBX leaving SM ? YES.
◇ Is all of EXO leaving SM? NO.
◇ Is CBX new contracts terminated? YES.
The only way I can confirm this is indeed
#SMNBG
and not
#NCT
is if they released 2 more set of rookies. There is ONE of them that is the face of
#SMNBG
I just need to see him and then we can all scream 😂
Allegedly
#smnbg
consists of 9 members... I will feel so dumb if it's confirmed cause the hint would have been there since the audition poster 🤦♀️
"Bring the boys out"
#SMNBG
line up is getting finalized. We have waited for so long but it's finally happening. I'm a bit sad for some trainees who were changed and lost their dreams but I hope those who will debut will all receive love ❤️
A notice of termination is not a lawsuit. It's just a formal way to end a contract between 2 or 3 parties. It cannot be retracted and takes immediate effects on the date stated as the end of the contract. In this case as of June 1st the exclusive contracts are terminated.
Okay I think I managed to clear everything up with
#Chen
#Baekhyun
and
#Xiumin
fans now. Yes they are leaving and yes many companies are reaching out to them. It's a good thing cause they have more leverage this time to negotiate their contracts with better terms 😌
Not particularly related to sm but if you feel like your bias is not getting enough resources or support from their company despite their good performances it could be bc of these 2 reasons :
1) They don't have a sponsor
2) They don't fully comply to the company's rules
SMCU works like marvel. So just like there is aespa lore, there will also be smnbg lore and just the thought of getting such elaborated contents make me so excited !!! Not just episodes I hope sm push through this time and release webtoons 🙏
Hello, while looking for
#smnbg
news I found this post talking about sm male trainees beauty and they had tons of predebut pictures of
#nct
#taeyong
so I wanted to share 😊
SM is so smart, right now is literally the PERFECT timing to debut a new boygroup and completely take over since the top is vacant. Work smart not hard 😋
What if it's indeed
#SMNBG
and we will have 9 members then a set of 3 will be introduced a day with their own color pattern like yellow, red and green 😂
#SMROOKIES
#SR22B
#SMNBG
Dating rumors are boring. I would love to talk about all the dirty tricks going on behind the scenes but kpop fans are way too brainwashed to have this discussion. I mean the whole industry, not just sm.
sm has been the leaders for both girlgroups and boygroups from the start until they lost the lead in the 3rd generation. Their goal this 4th generation is to take back the leads. They have succeeded with aespa in just 1y. If there is someone you should fear it's
#smnbg
When it comes to male celebs, kfans would support them unconditionally but as soon as they fuck up they wouldn't hesitate to hold them accountable and leave. So why is it ifans are always making excuses? From serial cheaters to criminals they are all trash and deserve the worst
If you think sm is going all out for aespa right now, you will have a stroke when you see what they are planning for smnbg. I just hope everything goes well so we see smbg lore through 💀
It was really hard to keep such big news, they received so much backlash and hard times because people thought they would back out but they fought till the end ! 🎉🥳
#CBX
They hadn't yet taken effect as their previous contracts are still active and have automatically extended. In this case they can send a termination notice. As you can see these are the words used in the news outlets and not 'lawsuit'. Hope it's clear !
Artists like taeyeon, joy, baekhyun, kyuhyun, taemin (for soloists) aespa, nct, red velvet (for groups) will most definitely be the priority. Only sm cares about giving everyone a job these big corporations only care about who makes them money
◇ Why is CBX still active as EXO? To complete their remaining contracts. These are their first contracts signed 12 to 13 years ago and expiring this year. If they breach them, they will get penalty fees.
◇ Then how come their new contract is terminated as of june 1st? Because
Winning both Rookie of the year and Record of the year, which is a daesang based on 100% critics, on the same night is really impressive so congratulations
#aespa
🎊 many more to come to you 🤗
#MMA2021
#aespa2ndDaesang
You think you know them better through the filtered and scripted images they choose to show to you than someone actually part of their daily lives? So why is it that everytime a woman comes forward fans first reaction is to discredit her claims it pisses me off
And stop saying "she ruined his career" no HIS actions did. He could have been a good person but chose to be an assole so fuck your oppa 🙄 Well it turned into a rant but really DO BETTER 👏
One thing that irks me about the industry is the way they make some trainees sacrifice so much only to replace them at the last minute. A waste of their youths.
Well at least ONE thing is for sure, these boys are debuting 😂 because sm would not be having simple rookies doing magazines shoots dripped in luxuries
#SMROOKIES
#SR22B
#SMNBG
Personally, I love seeing artists standing all together like
#Loona
and
#CBX
did. It's such a smart move because it overwhelms the company and they lose focus. And for the artists going through tough times like this together it strengthen their bond.
Not quite exactly, what they sent was a notice of termination. In sokor the period is usually 1 month notice. The litigation is about many thing but more importantly the settlements data. The new contracts signed in 2022 are terminated and they have an agreement to finish ongoing
I get a lot of questions about contracts freezing so in case you missed this explanation I'll post it here. I also want to add artists are still getting a salary during their services that's why companies still sell their merches and goods.
I don't think yall understand the type of anticipation that has built over sm debuting a new boygroup outside of nct lore. Look at aespa who was not expected and criticized for their concept now everyone sings about kwangya. So picture what it would be with their new boygroup !!
Have they been influenced by baekhyun? 😂 They used to release statements on behalf of the artist but now they have the artists deal with their own mess only baekhyun was addressing things himself that's why he came to my mind 😂
So here is the totality of the actions that have been/will be taken by CBX so far. 3 main actions :
◇ The notice of termination for their contracts
◇ The lawsuit for the settlements reports and payment
◇ The FTC complaint for the violation of FTC rules and unlawful terms
One thing is for sure,
#Chen
#Baekhyun
and
#Xiumin
have many opportunities knocking on their doors right now. Contract negotiations usually take 6 months to 1 year, so by the time they sign with their newer agencies, even their first contract would have expired.
knetz are speculating that
#exo
#baekhyun
and
#kyungsoo
allegedly met up with a company representative today. Are they planning to join the same company together? 🤔
◇ In simpler terms what does it mean ? It means, just like
#Chen
#Baekhyun
and
#Xiumin
lawyer stated loud, clear and intelligible, as of june 1st their contract has been terminated.
I invite you to read and refer only to their lawyer statements.
nct don't deserve hate for being sm only currently active boygroup. Except them the other groups are serving in the military, focusing on their solo careers or families. When smnbg will debut their activities will also adjust to fit them.
sm loves introducing their new groups through the main dancer so we gotta keep an eye on any trainee suddenly having a dance collab or cameo in seniors videos 😂
SM drops hints as visible as possible but you still need keen eyes to notice them 😭 I bet in few months we will realize they have been hinting
#smnbg
concept since like august 😂
I really don't know what is sm doing but they probably have a vision. And well to be fair sm never does things normally, I'm just scared it might confuse people to think
#smnbg
is a new nct 2.0
I think
#smnbg
gotta be the most anticipated idol debut I've ever seen they already have fan pages not just in korea but even international fans are waiting for them
💲 SETTLEMENTS REPORTS 💲
This is the 2nd thing happening. The lawyer has been requesting the settlement reports in order to draft settlement money owed by the end of the contract. SM is legally required to provide them, but they haven't. Thus, the warning of a lawsuit.
Is
#smcu
ep 2 not posted yet because it contains
#smnbg
hints? 🤔 aespa was first teased by SuperM exactly 1 month before their introduction (25/9-25/10) so smnbg first appearance will definitely be related to smcu 🧐
It was just a PSA because I thought everyone had already read the statement since the notice of termination was the first thing that was announced. Those are not my words but those of their lawyer as well as a recap of what is writing in the notice of termination.
With NCT starting their solo and mini units activities,
#smnbg
is supposedly gearing up for their debut right at this moment. But sm hasn't released anything official yet so it's a bit confusing for everyone.
the end of a contract biding them to another party. It takes immediate effects and ends on the date stated in the letter.
A lawsuit is a legal request to court to suspend a contract validity. It takes effect after the court ruling.
Immediately corrected. In other words, if it's found out that a 13-year contract violate FTC rules, they will be reduced.
◇ Do CBX benefit from this ? Yes, but SM juniors will benefit the most from it, as CBX contracts are supposed to end this year according to their statement
Also let me just give aespa a big applause because they are changing the game, not just for girlgroups but for kpop as a whole. The way they subtly addressed cyberbullying, family pressure, bullying and media harassment while staying on tune with their lore 👏👏👏
#Chen
and
#Xiumin
are already in negotiations with a company. It looks like they might sign in the same company but nothing is guaranteed yet cause they can change their minds anytime. The rest have renewed with SM !
I'm linking this here to explain further. Again, this is not an interpretation or speculation it's really just reading the official statement released by their lawyer. It's all their words, not mine.
A notice of termination is not a lawsuit. It's just a formal way to end a contract between 2 or 3 parties. It cannot be retracted and takes immediate effects on the date stated as the end of the contract. In this case as of June 1st the exclusive contracts are terminated.
Are baekhyun and taeyong really close to each other? — I know that baekhyun treats him very well. I have heard about some good things he has done for the neos behind the scenes but I can't attest if they are friends or not. But se…
◇ In simpler words what does it mean ? Well, it just means that if they find out that SM has been stealing from them, they will sue them.
◇ Have they sued them yet ? Not yet, they first need the settlements data and then will take actions if their assumptions are rights.
There were 10 couples on the leaked list I saw and I'm pretty sure it's just to confuse people but it went like this :
jyp x sm
jyp x bighit
actors x actors
sm x bighit
yg x actor
actors x actors
sm x actor
sm x non celeb
bighit x non celeb
sm x dancer