NewJeans terminates contract with ADOR

NewJeans' contract termination with ADOR causes a loss of about $423 million to HYBE
The sudden exit of K-pop group NewJeans from ADOR has caused HYBE's market value to drop by over $423 million, according to CNBC.
NewJeans Vs Ador: K-pop Girl Group's From Hybe Costs Agency Nearly Half Million Dollars
Post, k-pop girl group NewJeans announcing the termination of contract with the agency ADOR, it has now created trouble for their parent company HYBE.
NewJeans Terminate Contract With Ador, Largest K-Pop Agency HYBE Loses $423 Million
South Korean pop band NewJeans terminated contract with their agency Ador in an emergency press conference on9. The girl band's decision caused an upheaval for South Korea's largest K-pop agency HYBE,
NewJeans Announces Departure From HYBE-Owned Label ADOR
NewJeans also revealed that they want to continue working with Min Hee-jin, the former ADOR CEO and the group’s creative director. Min was removed from her position at the label after HYBE accused her of attempting to gain control of ADOR from its parent company by selling company shares and leaking confidential information.
'Free from HYBE and ADOR': NewJeans confirms breakup with agency in new statement
"Our contracts with ADOR have ended as of Nov. 29, 2024, and the five of us will start our new activities, free from HYBE and ADOR," the members of NewJeans said in a statement on Friday afternoon.
NewJeans Announces Departure from ADOR Amid Ongoing Dispute
In response, ADOR maintained that its agreement with NewJeans “remains in full effect.” The label urged the group to continue collaborating on upcoming projects. “We respectfully request that the group continue its collaboration with ADOR,” the statement read, according to Reuters.
Members of K-pop group NewJeans say they are leaving agency after dispute
Members of NewJeans, one of the most popular K-pop groups, said on Thursday that they were leaving their agency ADOR, a subsidiary of powerhouse label HYBE.
ADOR says NewJeans' contract valid until 2029 amid dispute
K-pop girl group NewJeans members hold a press conference in Gangnam, southern Seoul, on Nov. 28, 2024. (Pool photo) (Yonhap) ▲ K-pop girl group NewJeans is shown in this photo provided by ADOR. (PHOTO NOT FOR SALE) (Yonhap) ADOR-NewJeans ADOR says NewJeans' contract valid until 2029 amid dispute SEOUL,
NewJeans Announces That They’re Leaving Label ADOR
This is the latest salvo in an ongoing battle between former NewJeans producer (and former ADOR CEO) Min Hee-Jin and HYBE chairman Bang Si-hyuk. From HYBE’s perspective, Min t
NewJeans Exits HYBE’s ADOR: Here’s What Fans Need to Know
On, K-pop sensation NewJeans held an emergency press conference to announce their decision to terminate their contracts with ...
NewJeans Vs ADOR: HYBE Loses 423 Million USD, Market Shares Fall Massively After K-Pop Group's Exit
NewJeans terminated its contract with ADOR on November 28, Soon after, its parent company HYBE started facing the heat. As ...
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NewJeans ditch deal with Ador to avoid “mental distress”, but Ador says contract “remains in full effect”
Earlier this month NewJeans demanded that their label Ador address a list of grievances. It having failed to do so, the K-pop ...
K-Pop Superstars NewJeans Breaks Up With Korean Entertainment Agency Hybe
The announcement comes after a months-long internal company dispute between the BTS agency and its subsidiary Ador, which ...
NewJeans Announce Split From Label
Therefore, we respectfully request that the group continue its collaboration with ADOR on upcoming activities, as has been the practice to date.” Back in September, NewJeans livestreamed an ultimatum ...