Seven months after Hive, an entertainment agency, conducted an audit of Min Hee-jin, the former CEO of Audor, and held a press conference that Min opposed. During the period, the conflict was not closed at all but expanded. There was also a fierce legal battle. Relations between the two sides
crossed a river that could not be returned, and in the end, Min leaves Hive and Adore. Former CEO of
Min announced his resignation today (20th) as an inside director of Audor.
He strongly criticized Hive, saying, "I didn't want to ride on this twisted organization and settle for money as if I'm not alive just because I'm stuck with my breath," adding, "Hive's atrocities in 24 years will be recorded as an unprecedented issue in K-pop history."
This ended the conflict over the position of producer and CEO of Newzins.
However, legal disputes between Hive and Min remain.
First of all, a lawsuit over the "alleged plagiarism" that former CEO Min raised through an "internal complaint" will begin in January. Former representative of
Min claims that Irish agency Billifrap plagiarized Newzins' plan, while Billifrap refutes that former representative Min is claiming false facts. In response, Billifrap filed a lawsuit for damages worth 2 billion won against former CEO Min. Former CEO of
Min will work on legal action against Hive regarding shareholder contracts. The shareholder contract is considered a key factor in the conflict between the two sides, as it contains information on former CEO Min's five-year guarantee and put options.
Photo courtesy = Door
Above all, attention is also focused on the issue of New Jeans' future. This is because Newzins has consistently demanded Min's return to the leadership. As a result, most observers say that there will be no Newzins left in the door without former representative Min. If it decides to leave the actual adore, Newzins may choose procedures such as filing an application for an injunction to suspend the validity of the exclusive contract.
Former CEO Lee Mi-min expressed his willingness to continue working in the K-pop industry, saying, "I hope you will pay a lot of attention to the new K-pop journey that I will unfold in the future." Attention is focusing on whether New Jins will accompany former CEO Min.
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