* Translated by Papago

Starnews

"MINHEEJIN gave up 25.6 billion won. That's a big deal"? What about 46.7 billion?" a direct hit [Star Issue]

Published :

Yoon Sanggeun

*This content was translated by AI.

[Seoul = Newsis] Reporter Kim Hye-jin = Min Hee-jin, CEO of OK Records, speaks at a press conference to announce the results and future plans of the first trial held at Teacher Challenge Hall in Jongno-gu, Seoul on the 25th. 2026.02.25. jini@newsis.com / Photo = Kim Hye-jin

The press conference of former ADOR representative Min Hee-jin was claimed to be a "25.6 billion give-up show."

The YouTube channel 'Entertainment President Lee Jin-ho' hosted a live broadcast titled 'Min Hee-jin 25.6 billion abandonment show for full NewJeans' on the 25th.

In the video, Lee Jin-ho complained about former ADOR CEO Min Hee-jin's proposal to "give up 25.6 billion won" as "a frame rather than give up."

In particular, Lee Jin-ho said in relation to the keyword 'Giving Up 25.6 Billion Won' in the comments, "Let's learn the math first." If the condition for putting down 25.6 billion won is to drop all lawsuits, Hive will have to give up more," he said. "It is 46.7 billion won, including 43.1 billion won related to Daniel, 2 billion won related to Bilib, and 500 million won in Source Music, and 21.1 billion won if 25.6 billion won is deducted from 46.7 billion won. In the end, the structure is 'I'll give up 1, you give up 2'. "What kind of person is this?" he said directly. "In order to become a big person, it should be about 'I'll give up 46.7 billion won, so you should give up 25.6 billion won." It's not a give-up now, but a design that requires a bigger give-up from the opponent," he claimed.

In addition, Lee Jin-ho pointed out about former representative Min Hee-jin's 4th press conference, saying, "What was the purpose of the press conference that ended after reading for 5 minutes after being 6 minutes late?" and added, "A press conference is not a one-way notification event. An explanation and a question and answer should be followed. This time, I left without giving me time or even room to ask questions. At the scene, he claimed, "Why did you call me?"

"The reporters deliberately took their time to go to Jongno, but they were late and read only the prepared manuscript and finished," he said. "If it is a 5-6 minute reading, it can be done as a press release, not a press conference. If you tell a busy person to come and not let him or her do the least Q&A, reporters on the spot will become fools, he said. "The reporters didn't go to take pictures of luxury clothes." In the end, he said that the press conference was not a "place for questions," but a "place to get the picture you want."

Lee Jin-ho said, "The word 25.6 billion won alone takes the image of a person-to-person relationship and builds the justification that Hive did not receive a reconciliation proposal in legal situations such as appeals." He said, "If you receive it, you will lose it, if you don't, you will blame it." He stressed, "If it was really a harmony, we should have met quietly and had a cup of tea, not a press conference."

Earlier on the 25th, Min Hee-jin held a press conference on the results and future plans of winning the first trial of a lawsuit to confirm the termination of the stock trading price and the termination of the shareholder contract with Hive at the Teacher Challenge Hall in Jongno-gu, Seoul.

Min Hee-jin offered Hive to immediately stop all ongoing civil and criminal lawsuits and close the dispute because he would give up 25.6 billion won in return for winning the first trial of the lawsuit against Hive. In addition, he supported the full-scale NewJeans of five people, including Daniel, who was kicked out of the NewJeans after being notified of the termination of the exclusive contract by NewJeans in December last year, saying, "Create an environment where all five members of the NewJeans can gather and freely fulfill their dreams." The five members, who should be happily on stage, said, "We can no longer watch the reality that someone has to stand on stage and someone has to stand on court."

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*This content was translated by AI.

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