”Notice of contract termination” Establishment of New Genes family business?… Legal field “”””Breach of contract””””

‘Contract termination notice’ Newgenes family company
establishment?.
Legal field “Breach of contract”
Entered 2024.12.13. 3.25pm
Modified 2024.12.13. 4:34 PM
Original text of article
Reporter Park Ho-joo
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Announced the termination of the exclusive contract with Adore, a label under Hive.
Group New Genes is introducing a family company framework as a new agency.
Although the possibility has been raised, in the legal world, it is all considered a breach of contract.
It turns out that you can:
According to the entertainment industry on the 13th, New Genes has recently become a star in the industry.
There is talk that the province will establish a family company framework.
New Jeans signed a unilateral exclusive contract with Adore on the 29th of last month.
After giving notice, I am following my scheduled schedule, but it is not easy.
It looks unfinished. At the event they attended
There were difficulties, such as not being able to directly mention the team name, Newjinstl.
I’m aiming
In fact, the group carries out activities without the material and human support of the agency.
It’s not easy to get married. Moreover, among the mappers, Hani and Daniil are
As you are a foreigner, visa problems may arise.
According to administrative law, foreigners must stay legally in order to engage in entertainment activities.
You must obtain a permit, i.e. a visa.

From Newgenes’ perspective, in order to avoid this problem, the agency
This is an urgent situation. Accordingly, Mapber and his family directly invested
Use Young Corporation as a base for three-tier activities and attract follow-up investment.
There is a possibility of recruiting Min Hee-jin as a news reporter for former representative magazine in the future.
The appeal will be filed:
However, in the industry and legal circles, this method is not suitable in the current situation.
To step on something difficult. According to the current exclusive contract, it is a stopgap dog.
Both personal entertainment activities and entertainment activities through third parties.
This is because it constitutes a breach of contract. Third parties include external agencies.
This also includes family companies established by Ton believers or parents.

Ministry of Culture standard exhibition describing exclusive management rights
Articles 2 and 6 of the contract and article 14 show the entertainment activities of celebrities.
All activities must be done through the agency (agency) framework.
During the contract period, celebrities can perform activities on their own without prior approval from the agency.
Or negotiate appearances through third parties or popular culture examples.
We cannot provide alcohol services.
Not only this person, but also other agencies as well as individual agencies.
In other words, the act of establishing an agency, as an individual without an agency,
Doing independent entertainment activities is a violation of the exclusive contract.
get hit

An official in the legal field said, “Exclusive contracts stipulate that celebrities are in charge of all entertainment.”
Since all activities have to be done exclusively with the agency,
“If the exclusiveness is not maintained, the celebrity
After gaining a certain level of recognition through the company’s investment,
“I will be able to pursue entertainment activities and keep all the profits.”
did it
Unilateral termination of exclusive contract by agency Adore or New Genes
In the notification, there was a claim of negligence in confirming the validity of the exclusive contract.
On the 5th, the agency said, “The exclusive contract with New Genes has been concluded.”
In order to obtain clear legal confirmation of its existence, Seoul Middle School
“I filed a complaint with the Yangji Law for negligence in confirming the validity of the exclusive contract,” he said.
An immediate contract cannot be easily terminated simply by one party’s claim.
Confirm to the artist as well as various stakeholders that you are
“I decided it was necessary to give it to them,” he said.
Although the agency filed a negligent complaint, it is working with New Genes.
He emphasized that his position remains unchanged. Adore or “Ah”
I think a full and sincere discussion with TIST is absolutely necessary.
“There are unnecessary misunderstandings between the artist and our company.”
“We will make ceaseless efforts to resolve this problem.”
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