*This content was translated by AI.
Min Hee-jin, former CEO of Audor, revealed the recording of his interview with Hive CEO Lee Jae-sang about two years ago.
On the morning of the 28th, an open press conference was held at the Kyowon Jonggak Building Challenge Hall in Gwansul-dong, Jongno-gu, Seoul, on the suspicion of "NewJeans tamping." Attorney Jiam Kim Sun-woong of the law firm attended.
On this day, Min Hee-jin said that the family (old father) of NewJeans member B said they would negotiate with Hive, but they did not produce any results, so they held a meeting with Hive CEO Lee Jae-sang on September 28, 2024.
According to the voice conversation released by Min Hee-jin, Lee Jae-sang said, "I heard another strange rumor these days. Have you ever heard of Terra Science Dabolink? and Min Hee-jin said, 'I have no idea. What's that? What kind of company is that?' he replied.
Then, Lee Jae-sang said, "There was information that such friends had some access around Hee-jin." I was worried. Don't meet me. I'm not saying we met. Min Hee-jin said, "Frankly, I'm not interested in investing or anything, and now Hive is snarling to kill me like this, and I'm definitely going to get nervous if someone says I'm crazy, so would I do that? Companies that are much more famous than here contact me, but I know them when I hear their names, but they're not meeting. That's why it's better for Hive. Rather than going anywhere and doing anything, just think about it in various ways,' he said.
Earlier in July 2024, Hive terminated the contract between shareholders, saying Min Hee-jin tried to privatize NewJeans and Adore and caused damage to the company and its affiliated labels. After that, Min Hee-jin was dismissed from his position as CEO of Audor a month later. Eventually, in November of the same year, Min Hee-jin resigned from his position as the company's executive director and notified Hive of the exercise of put options worth about 26 billion won. However, Hive argued that the shareholder agreement had already been terminated in July, making it ineffective for the exercise of put options.
In response, Min Hee-jin refuted that Hive's notice of termination was invalid because there was no violation of the shareholders' contract, maintaining the position that the right to claim payments should be recognized because the put option exercised by him is valid.
In the process, NewJeans lost the first trial to confirm the validity of its exclusive contract with Adore in October last year, and all members expressed their intention to return to Adore without appeal. However, in December of the same year, Odor notified Daniel of the termination of the exclusive contract and filed a lawsuit against Daniel, a family member, and Min Hee-jin for damages worth 43.1 billion won. Min Hee-jin established a new agency, "Okay," in October last year.
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*This content was translated by AI.
