In today’s briefing:
- SM Entertainment: EXO’s Contract Controversy and Repeated Working Condition Issues
SM Entertainment: EXO’s Contract Controversy and Repeated Working Condition Issues
- EXO’s Chen, Baekhyun, and Xiumin filed a complaint to the Fair Trade Commission (FTC) on June 4 against SM Entertainment for “abuse of superior bargaining position.”
- SM Entertainment repeatedly faced sanctions by the FTC for disputes, including controversy and conflicts with another boy band ‘Dong Bang Shin Ki’ (TVXQ)
- The risk to their working conditions continues to increase, with SM Entertainment’s corporate risk currently standing at 4.2, reaching an extreme level.