Multiple A-list artists are on the reported list.
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ONE HUNDRED Label, home to multiple big-name artists such as SHINee‘s Taemin and EXO‘s Baekhyun, has responded to the controversial reports claiming it owed billions of wons to its artists in settlements.
EXO-CBX
On January 2, KST, the label released an official statement addressing a report by The Fact, which stated that it owed Taemin, THE BOYZ, and EXO-CBX members Chen Baekhyun and Xiumin their settlement money, with the total amount exceeding .
EXO-CBX, SHINee’s Taemin, And THE BOYZ Owed Millions USD In Unpaid Settlements From ONE HUNDRED
According to ONE HUNDRED, The Fact’s article was not reflective of the ground reality of the situation. The label claimed that the unsettled payment issue was already a part of ongoing discussions with the respective artists and that the situation varied based on the different contracts of each of them.
The ‘unsettled’ issue mentioned in the article is currently under normal discussion and adjustment according to each artist’s contract terms and activity status.
— ONE HUNDRED
The company also rebuked The Fact for publishing an article “without fact-checking and ensuring the right to rebuttal.” They added, “Our affiliated artists and employees have no conflicts with the company and are working hard. Chairman Cha Ga Won is also doing her best to support the artists from the side.”
Meanwhile, the co-founders of ONE HUNDRED were recently embroiled in a major controversy over an alleged extramarital affair. Read more here:
Singer Accuses Media Outlet Of Publishing Fake Messages With Married Ex-Agency Chairperson