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Court rules against K-pop group NewJeans in label dispute
- On Tuesday, a South Korean court ruled NewJeans' contract with ADOR remains valid, rejecting the group's bid to leave after a year-long standoff.
- The dispute began when Hybe accused then-ADOR CEO Min Hee-jin of trying to take the sublabel independent, and NewJeans announced last year they were leaving ADOR citing mistreatment.
- ADOR filed a lawsuit seeking confirmation of the contract's validity, Min Hee-jin resigned as a director on Nov. 20, and NJZ rebranded earlier this year before activities were halted.
- Shares jumped as much as 7.12%, lifting Hybe's market capitalization by roughly 915 billion won Thursday, reversing earlier losses that wiped about $420 million.
- The group said it will appeal the ruling, ADOR's prior suit keeps the dispute alive, and the case has stunned the Korean entertainment industry.
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Court rules against K-pop group NewJeans in label dispute
A South Korean court ruled on Thursday against popular K-pop group NewJeans, whose members had sought to cut contractual ties with their label ADOR over what they called "mistreatment" by the agency.
·Cherokee County, United States
Read Full ArticleBreaking News: Court rules Adore and New Jeans exclusive contracts valid. New Jeans loses. In the exclusive contract dispute between entertainment agency Adore and girl group New Jeans, the court has ruled in favor of Adore. Jeong Hoe-il, presiding judge of the 41st Civil Division of the Seoul Central District Court, ruled in favor of Adore in a lawsuit filed by Adore against five New Jeans members to confirm the validity of their exclusive cont…
Coverage Details
Total News Sources20
Leaning Left4Leaning Right4Center5Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 31%
C 38%
R 31%
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