5 Billion KRW = ~3,45M USD
ADOR has argued that NJZ’s claims for terminating their exclusive contracts contradict objective facts.
On the morning of the 7th, the Seoul Central District Court’s 50th Civil Division held a hearing on the injunction request filed by ADOR against NewJeans members Minji, Hanni, Danielle, Haerin, and Hyein regarding the preservation of agency status and the prohibition of advertising contract signings.
During the hearing, ADOR stated that the reasons for terminating the exclusive contracts were unfounded, explaining, “A key obligation of an exclusive contract is to provide entertainment opportunities and properly settle earnings. ADOR has fulfilled this obligation well, which is why NewJeans became global stars. Each member has received 5 billion KRW in settlements.”
1. I thought they were talking about mistreatment, not settlement, in the first place?
2. If they were paid 5 billion KRW each, imagine how much NJZ made for that company?ㅋㅋㅋ
3. If they earned that much, it’s just fair that you pay them as much, you f*ckers
4. Their only sin is that they were more successful than HYBE’s princesses
5. Their point was never their payment though. The reason their trust was broken was never about being paid. They are just trying to avoid the topic
6. Huh? They succeeded so much so obviously they had to be paid. What are they saying?
7. You f*ckers should’ve paid them 10 billion KRW each
8. But the money was made by themㅋㅋㅋ
9. Kim Jooyoung, what are you saying?
10. They are trying to media play using another topic
[theqoo] ADOR’S REP “21 BILLION KRW WAS INVESTED INTO NEWJEANS… HYBE WAS BEHIND THEIR SUCCESS”
ADOR has claimed NJZ (NewJeans) success was due to HYBE‘s ₩21.0 billion KRW (about $14.5 million USD) investment into the group.
During the first interrogation session between ADOR and NJZ, ADOR’s legal counsel claimed NewJeans’ success came from the massive amount of support the company received from HYBE.
“Behind NewJeans’ success was the full-fledged support from ADOR. ADOR received a total of ₩21.0 billion KRW (about $14.5 million USD) in investments from HYBE over two investment periods. Such an investment for one group is unprecendented.
NewJeans is one of the world’s leading girl groups representing Korea. The members’ talents and hard works have contributed the largest to their success. However, that alone cannot explain all of their successes.
ADOR’s only artists is NewJeans. All of ADOR’s around 50 employees, including stylists, music video directors, choreographers, managers, have dedicated themselves to NewJeans’ success since the days they were trainees.
We were able to create a fan platform only for NewJeans and invest ₩10.0 billion KRW (about $6.91 million USD) solely for their debut and marketing due to HYBE’s investment”
— ADOR’s legal counsel
ADOR’s legal counsel also claimed that NewJeans were propped up by HYBE prior to their debut, citing the appearances of Minji and Hanni in BTS’s “Permission to Dance” music video and them being labelled as “BTS’s little sister group” when they debuted. They also claimed they were promoted with connections to BTS at the request of Min Hee Jin.
CR: Koreaboo
1. Only 21 billion?ㅋㅋㅋㅋㅋ Yah, even our company invested 70 billion in their game. F*ck
2. So that’s why you said that you were gonna throw away your golden egg and make a new one?ㅋㅋㅋㅋ
3. Then you should be thinking about recouping your investment. Why did you try to bury them? ㅋㅋㅋㅋㅋㅋ
4. Then you should’ve treated them betterㅋㅋㅋ You treated them way worse than others and blocked them from all their activities
5. ? Didn’t they pay them back because you got your money back??? You make it sound sound like you just lost your investment
6. Then they can just pay you back your 21 billion
7. You can recover everything with your “new” version of NJZ
8. But then, why did you block all their ways?
9. Then why did you torment them?
10. If you invested in them, why did you say that you’d made a new one?… What are you even saying?
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