The company’s finances are in question.
1 hour ago
EXO-CBX, Taemin, and THE BOYZ are collectively owed over ₩5.00 billion KRW (about $3.46 million USD) in unpaid settlements from ONE HUNDRED.
According to an exclusive report from The Fact, many idols under the ONE HUNDRED Label, which also includes INB100 and Big Planet Made, have not been paid their owed settlements. THE BOYZ, who are signed under ONE HUNDRED Label, is reportedly owed ₩1.00 billion KRW (about $693,000 USD). Baekhyun, Chen, and Xiumin, who are signed under INB100, are owed around ₩1.00 billion KRW (about $693,000 USD) in Baekhyun’s case and hundreds of millions won in both Chen and Xiumin’s case. Taemin is owed “well over” ₩1.00 billion KRW (about $693,000 USD).
The Fact had previously reported on ONE HUNDRED Label’s CEO Cha Ga Won’s suspicious management of the company, focusing on the absurd amounts the company was reportedly spending on things such as outfits and advanced payments. The company’s financial reports from 2024 also showed how the company’s liabilities far exceed their assets.
ONE HUNDRED Label has not responded to The Fact’s request for a statement.