Second time since SM dispute… EXO-CBX’s Baekhyun, sets up new agency again [Star Issue]

*This content was translated by AI.View Original

Baekhyun (34, real name Byeon Baek-hyun), who is active as part of the group EXO’s unit EXO-CBX, has once again taken a step toward independence. EXO-CBX is currently in an exclusive contract dispute with INB100, following SM Entertainment.

According to the Mass Culture and Arts Comprehensive Information System of the Korea Creative Content Agency (KOCCA), Baekhyun completed the registration of Bion Entertainment for mass culture and arts planning business at Seoul Gangnam-gu Office on the 9th.

The company was established on September 18 with a capital of 100 million won, with Baekhyun serving as CEO. Its main registered businesses include record production and distribution, performance planning, and management of singers and actors.

Baekhyun had previously unilaterally established INB100 in 2023, citing issues with his exclusive contract with SM Entertainment, the agency where he debuted as a member of EXO. The following year, it was incorporated as a subsidiary of One Hundred Label, led by CEO Cha Ga-won.

However, EXO-CBX members Baekhyun, Chen, and Xiumin notified INB100 in March this year of the termination of their exclusive contracts, citing reasons such as non-payment of contract fees and settlement amounts.

Previously, on the 9th, Civil Division 50 (Presiding Judge Lee Sang-hoon) of the Seoul Central District Court granted EXO-CBX’s application for an injunction to suspend the effect of the exclusive contract against INB100. Accordingly, the exclusive contract between EXO-CBX and INB100 will be suspended until the first-instance judgment in the main case, which is a claim for confirmation of non-existence of the exclusive contract, is rendered. The initial hearing date has been postponed from November to December this year.

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*This content was translated by AI.View Original