ADOR CEO Min Hee-jin reportedly “demanded” for authority to terminate NewJeans’ contracts

nme.com:

ADOR CEO Min Hee-jin had allegedly “demanded” for HYBE to give her the authority to terminate NewJeans‘ contracts, according to a new media report.The claim that Min Hee-jin had asked to have the authority over the exclusive contracts of popular K-pop girl group comes from a new Yonhap News Agency report today (May 2), which described her request as a “demand” while citing unnamed sources from the music industry.The ADOR CEO had reportedly made the request after negotiations between the executives of the K-pop agency and its owner HYBE over a revised shareholders agreement had hit a roadblock around the tail-end of 2023.

HYBE allegedly reportedly rejected the demand, calling it “too much”.Min has since confirmed that such a “request” submitted in a proposal to HYBE, but claimed that it was to “address unreasonable interference [by HYBE], an issue that emerged during NewJeans’ debut, and to ensure independent management of the label” in a statement.The ADOR CEO also denies that the request was related to recent allegations that she had planned to takeover control of the K-pop agency from HYBE.