They believe this issue has a negative impact on the industry.
Koreaboo
With New Jeans declaring the termination of their exclusive contracts with I LOVE ITTHE Korean Management Association revealed his position regarding the news.
On December 3, the association released an official statement expressing its intentions.
The recent dispute between ADOR and NewJeans has negatively impacted pop culture and the art industry in various ways. The association expresses its position on NewJeans and the problems of the exclusive contract, as well as on the point of view of the public and the void felt by the workers in the sector, in the hope that the industry will take a step forward from the point of view of the workers in the sector .
— Korean Management Association
They also said to respect the “exclusive contracts between artists and agencies based on mutual trust”. As this trust is built over time, they feel it “Simply having a problem is not a reason to terminate the contract.”
Additionally, they said claims like this could impact the industry.
“We must be careful, as loss of contract validity due to unilateral contract termination requests can have a significant impact on the overall exclusive contract.
Termination of the contract should be carefully decided and the issue should be discussed under the premise of maintaining the contract.”
— Korean Management Association
They believed that NewJeans had no intention of making reciprocal efforts to maintain the contract.
“NewJeans’ current position can only be interpreted as meaning that there is no intention of making any mutual efforts to maintain the contract.
The current law does not adopt any measures that take the company’s position into account. In cases where the contract is intentionally terminated, there is no other solution to keep it in force other than to claim damages. With this, NewJeans’ approach can be seen as harmful.
Therefore, the association hopes that NewJeans will withdraw the termination of the contract, contact the company and resolve the dispute without making the situation worse.”
— Korean Management Association
Korean netizens were shocked as they believed the association’s position was unnecessary.
- “What are they saying?”
- “Who are they to say what another person’s contract can and cannot do?”
- “Management Association…who are you guys?”
- “I knew it would happen. Coming from an executive association, they only talk about the agency’s position and nothing about the real problem.”
- “I guess they’re afraid their idols will all run away.”
- “Look, this association is only made up of 2-3 people.”
- “Who are you guys?”
- “Seeing that everyone is pressed on the issue, I guess this means that termination of the contract is possible for NewJeans!”
