Min Heejin opened his mouth "The last two years have been worthwhile.."I hope K-pop will be a turning point" [Professional]

*This content was translated by AI.

Min Hee-jin, former CEO of ADOR, expressed his position in a lengthy post after winning the Hive put option lawsuit.

Former representative Min Hee-jin announced a long statement on the 12th.

Earlier in the day, the Civil Agreement Department 31 (Director Nam In-soo) of the Seoul Central District Court held a ruling on Hive's decision to terminate the shareholder contract filed against former CEO of ADOR Min Hee-jin and a stock sale price claim filed by former CEO Min Hee-jin against Hive, saying, "Hive's claim is dismissed, and the cost of the lawsuit is borne by Hive. In addition, Min Hee-jin ruled in favor of Min Hee-jin, saying, "Min Hee-jin's exercise of put options is justified and pay an amount worth 25.5 billion won."

Since then, Okarekoz said in an official position on the same day, "I deeply respect the court for making a careful and objective judgment. We respect and humbly accept the decision of the court on the validity of the shareholder contract and the legitimacy of the put option rights through this ruling," he said.

"CEO Min Hee-jin has been hoping that the litigation process will go beyond relieving individual rights, correcting unreasonable practices in the K-pop industry and reflecting on the severity of contracts," Okarekoz said. "Apart from the results of the judgment, I would like to express my apologies to fans and entertainment industry officials who must have felt tired during the last dispute." I would like to say to the Hive officials who have been working together for a long legal battle," he said.

"Okay Records and CEO Min Hee-jin want to move toward the future as planned, not stay in the past disputes," he said. "We will focus all our capabilities on building a stable business environment, maximizing the value of artists, and fostering new talents to represent the K-pop industry."

In addition, OK Records said, "We will devote all our energy to discovering artists and creating content that inspires global fans in an original way that only OK Records can do. CEO Min Hee-jin also plans to focus on his main job as a creator, producer, and manager."

Hello, I'm Min Heejin, CEO of OK Records.

I heard the court's decision today. First of all, I would like to express my sincere gratitude to the court for resonating with me through a long trial process. In addition, I would like to express my gratitude to many people who trusted and supported me for a long time despite it being someone else's business.

The past two years or so have taught me so much. Looking back, I think I worked insanely hard before the conflict, but I didn't really enjoy it. Ironically, this dispute has made me realize how much I love work and how precious it is to me.

It was a difficult process, but it was a valuable journey because it was a time to protect the essence of what I love the most: creation and production. Even though it was a pain that I never wanted to go through, I think that the pain was not completely bad.

I salute the court for the legitimacy of the shareholder agreement through the judiciary's judgment, and I hope this decision will serve as a tipping point for self-purifying and improving our K-pop industry. I hope it served as a reminder of how severe contracts and promises are in the K-pop industry and whether it fully represents the creators' position. In addition, I would like to send my condolences and encouragement to those who are confronting various absurdities out of sight.

I am sorry to the fans and industry officials who must have felt tired unintentionally during the conflict. I hope that Hive and I will now consider together how the industry we are involved in can continue to be healthier, beyond each other's feelings and past disputes.

Once again, I would like to express my indescribable gratitude to the fans and OK Records family for worrying about me more than I did for a long time. The fans saved me, and thanks to you, I was able to prove it by holding out until the end.

Now I want to get rid of the exhausting conflict in my life. I'm going back to where I am now. Not to beat anyone, but to do what I want the most, what I love the most, what I do the best, which is to inspire everyone and create a new culture.

Okay, I believe that the only thing I have to do now is to realize the blueprints I've been drawing with Records one by one, and to provide a strong fence for our creators and artists to unleash their talents to their fullest.

We will surprise you with great music and performances.

Thank you.

February 12, 2026, MINHEE JIN

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*This content was translated by AI.